Tag: budget highlights
World Last Week: 7 July 2014- 13 July 2014
We bring you the news that you may have missed last week. Have a fast glance on it: Brazil Vs Netherlands: Brazil embarrassed as Dutch takes third place Still struggling to recover from their unexpected 7-1 loss to Germany in the semifinals, Brazil had a similar terrible start against the Holland. Poverty line at Rs […]
The Countdown to Union Budget 2014: Must Known Facts of Union Budget
Budget announcement day is around the corner. Be it common people or corporate bigwigs, expectations are high from all places, everybody has their own expectation and interpretation of the most promised ‘achchhe din’. Amid all this GetDistributors.com presents few interesting facts about the Union Budget. Facts we should know: This will be the 84th Union […]
Rail Budget LIVE: NDA Govt to Present its Rail Budget Today
Catch the in-depth live coverage of Modi government’s first Railway Budget. Stay with GetDistributors.com Live Blog for latest updates on Rail Budget 2014 to be presented by railway minister Sadananda Gowda on July 8, 2014: 01:51 pm: Government to spend $10.95 billion on railways in 2014-15 01:50 pm: Railway Minister on revamping railway reservation system […]
Sensex Breaches 26,000-Mark, Nifty Touches Record High of 7,787.95 Point
A benchmark index of the equities markets are at all-time high and the Sensex crossed 26,000 level in the pre-budget rally. The market is expecting a strong reform oriented budget to take the economy back to immense growth track. Good buying was observed in IT, realty, power and metal stocks, while selling pressure was noticeable […]
Income Tax Exemption Limit May Get Doubled to Rs 2 Lacs
Currently the investments and expenditures up to a combined limit of Rs 1 lac get exemptions under Sections 80C, 80CC and 80 CCC of the Income-Tax Act. To boost household savings, the Finance Ministry may double tax exemption limit under 80C to Rs 2 lacs. Sources revealed that the revenue department is assessing the burden […]
April-May Fiscal Deficit is 45.6% of Budget
New Delhi: Fiscal deficit, the gap between expenditure and revenue, in the first two months of 2013-14 was Rs 2.4 lakh crores or 45.6% of Budget Estimates for the whole financial year; which for the whole fiscal has been pegged at Rs 5.28 lakh crores. It was 33.3 per cent of Budget Estimates at the […]
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