The plan outlay of 2015-16 reflects the compositional shift in the allocations for various Programmes and Schemes in view of high devolution; 42% of Union Taxes, to States as per the recommendation of 14th Finance Commission.
The Finance Minister Shri Arun Jaitley said that to give a fillip to growth, investment and promotion of domestic manufacturing and ‘Make in India’, aiming at job creation, a series of measures are included in the budget.
Gold rate increased Rs.128 per sovereign
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The cost of gold has increased Rs.128 per sovereign on Saturday evening (Feb 28, 2015).
It has been announced that the stock trading will be open on the day when budget will be presented. SEBI has announced that the stock market will function from 9.00 AM till 3.30 PM on 28th February.
Irretrievable bank loans treble!
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Central government’s Minister of State for Finance, Mr. Jayant Sinha informed in the parliament yesterday that the the total of irretrievable bank loans had trebled in the last 3 years.
Gold rate increased Rs.112 per sovereign
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The cost of gold has increased Rs.112 per sovereign on Wednesday morning (Feb 25, 2015).
Pointing the recent restriction imposed by the Reserve Bank in free use of ATM transactions in a month, the bank says this is not against customers’ interest.
With excellent functioning of LPG gas subsidy scheme having about 75 per cent of people receiving their subsidy amount in their bank accounts, this stands as the world’s best direct benefit transfer scheme.
Gold rate increased Rs.56 per sovereign
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The cost of gold has increased Rs.56 per sovereign on Tuesday evening (Feb 24, 2015).
Speaking about the newly launched bank account scheme Pradhan Mantri Jan Dhan Yojana, President Pranab Mukherjee said on Monday that 13.2 crore bank accounts are so far been opened under the scheme which has accounted for Rs 11,000 crore deposit.
It is eagerly expected that the Central government Finance Minister, Mr. Arun Jaitley, will announce that the upper limit of exemption for income tax to the individual annual income of Rs. 3 Lakhs.
EPFO (Employees’ Provident Fund Organisation) has planned to extend the facility of ESI (Employees’ State Insurance) medical assistance for its pensioners.
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas.
Gold rate decreased Rs.200 per sovereign
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The cost of gold has decreased Rs.200 per sovereign on Monday evening (Feb 23, 2015).
It has been announced that the stock trading will be open on the day when budget will be presented. SEBI has announced that the stock market will function from 9.00 AM till 3.30 PM on 28th February.
