SENSEX   27039.19    -269.41  (-1.00%)       |  NIFTY   8346.35    -88.75  (-1.06%)  |  Gold   28625.00    97.00  (0.34%)    |  Silver  41325.00   55.00 (0.13%)

Latest News:

Plastic money

Government decides to print plastic currency note

New Delhi: Government today informed Parliament that a decision has been taken to print plastic currency notes and procurement of material has started.

"It has been decided to print banknotes based on plastic or polymer substrate... Read More

DHFL,  Fundraising

DHFL Q2 profit up 29% to Rs 233 cr

New Delhi: Mortgage firm Dewan Housing Finance Corporation (DHFL) today reported 28.8 per cent jump in net profit at Rs 232.61 crore for the quarter ended September 30, helped by healthy growth in loan disbursements.

In the same quarter of the previo... Read More

PR 3rd Mar, 2016 less

Union Budget 2016 Highlights

Key Highlights Union Budget 2016:

1. Fiscal Deficit: Fiscal deficit to remain at 3.5% FY17 GDP. Total expenditure projected at Rs 19.78 lakh crore. Plan expenditure pegged at Rs 5.50 lakh crore under Plan, increase of 15.3 per cent... Read More


IT hardware sector expects Rs.10,000 cr investment

New Delhi: Hailing Budget announcements, IT hardware companies expect prices of devices like modems, routers, set top boxes to go down by 8 per cent within a year and investment of about Rs. 10,000 crore in local production.

"The change in duty str... Read More

Reliance Defence

Defence Budget for FY17 hiked by nearly 10%

New Delhi: The defence budget for 2016-17 was increased by 9.76 per cent to Rs. 2.58 lakh crore as compared to the revised estimates of Rs. 2.33 lakh crore for 2015-16 even as military pension zoomed to Rs... Read More

pension, age limit,pension

EPF will now be partially taxable on withdrawal after April 1

NEW DELHI:  To bring about parity in New Pension Scheme and other retirement schemes, the government has decided to impose tax at the time of withdrawal on 60 per cent of the contributions made after April 1, 2016, to EPF and other schemes.

At prese... Read More


Cars and SUVs to cost more

MUMBAI:  With the recent ban of diesel vehicles in Delhi quickly followed by news of BS VI emissions norms advanced to 2020, the auto sector hoped the Budget would offer some breaks on the clean air drive... Read More

budget expectations


Budget Reaction From Different Industry People:

Chandrashekhar Chitale, CAandTreasurer, MCCIA, Pune

Three negativities of Indian tax system have been complication, litigation and surprises. The Budget seems to address all these... Read More


Manufacturing sector for low interest loans

Pune: The manufacturing industry has a slew of expectations from the Union Budget including loans at lower interest for Make In India and a boost for clean energy sector... Read More

gautam adani, enterprises, Adani Ports, Dollar Bond

Union Budget 2016: Response from Gautam S. Adani

Prudent budget with focus on growth and adherence to fiscal discipline, the Finance Minister has diligently achieved revenue targets and has in fact collected more... Read More