Union Budget 2014-15 Latest Business News
Business Today

Finance Minister Arun Jaitley presents his maiden Budget in Parliament today.

Finance Minister Arun Jaitley faces an important challenge in balancing the BJP's poll promises with the hard realities of the current economic situation.
"Subject to exigencies of business, the session is scheduled to conclude on August 14," said a press communique of the Rajya Sabha secretariat.
Finance Minster Arun Jaitley was replying to lawmakers' questions on the measures planned by the government to reduce the country's fiscal deficit.
Currently, the investments and expenditures up to a combined limit of Rs 1 lakh get exemptions under Sections 80C, 80CC and 80 CCC of the Income-Tax Act.
The finance ministry is of the view that the disinvestment estimate can be hiked as stock markets are going through a bullish phase.
The new government, led by Prime Minister Narendra Modi, will present the Railway Budget on July 8 and the country's economic survey on July 9.