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Posted Date : 26-Feb-2015 , 02:13:29 pm | Posted By CASANSAAR
The Railway Minister has said that the Ministry of Finance has communicated a Gross Budgetary Support of Rs. 40,000 crore for the Railway’s annual Plan. Presenting the Railway Budget 2015-16 in Parliament today Railway Minister Shri Suresh Prabhakar Prabhu said Rs. 1,645.60 crore has also been...
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Posted Date : 26-Feb-2015 , 02:12:20 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced the proposal to launch “Foreign Rail Technology Cooperation Scheme” in order to achieve the higher quality service for our nation. Presenting the Railway Budget for 2015-16 in Parliament today he said that Technology i...
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Posted Date : 26-Feb-2015 , 02:11:27 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced that Railways proposes to install Train Protection Warning System and Train Collision Avoidance System on select routes at the earliest. Presenting the Railway Budget for 2015-16 in Parliament today, he informed the members that t...
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Posted Date : 26-Feb-2015 , 02:10:44 pm | Posted By CASANSAAR
The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced the Railways intends to set up an innovation council called “Kayakalp” for the purpose of business re-engineering and introducing a spirit of innovation in Railways in accordance with the vision of Hon’ble Prime ...
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Posted Date : 26-Feb-2015 , 02:09:49 pm | Posted By CASANSAAR
Railway Minister Shri Suresh Prabhkar Prabhu has said that the passenger earnings which were budgeted to increase by 22.2% have been scaled down to 17.7% keeping in view the persistent negative growth trend, particularly in non suburban non-PRS segment of travel. Presenting the Railway Budget 2015-1...
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Posted Date : 26-Feb-2015 , 02:09:02 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that it is proposed to introduce an “SMS Alert” service to inform passengers in advance the updated arrival/departure time of trains at starting or destination stations. Similarly SMS alert would be sent 15/30 minutes in adva...
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Posted Date : 26-Feb-2015 , 02:08:23 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that to provide freedom to passengers to select their meals from an array of choices including local cuisine, e-catering has been introduced in 108 trains on an experimental basis from January this year. Food can be ordered through the I...
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Posted Date : 26-Feb-2015 , 02:07:44 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that Indian Railways’ Delhi Division is taking up a project for introducing on-board entertainment on select Shatabdi trains on license fee basis. He said,depending on the response, the facility will be extended on all Shatabdi tra...
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Posted Date : 26-Feb-2015 , 01:33:26 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu has outlined four goals for Indian Railways to transform it over the next five years. These goals are: a) To deliver a sustained and measurable improvement in customer experience, the Indian Railways is launching initiatives that will sy...
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Posted Date : 26-Feb-2015 , 01:32:27 pm | Posted By CASANSAAR
The Minister of Railways Shri Suresh Prabhakar Prabhu while presenting the Railway Budget 2015-16 in Parliament today has said that the goals of transforming Indian Railways will be achieved with a five point execution strategy. These are: a) Adopting a medium-term perspective: Budget...
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Posted Date : 26-Feb-2015 , 01:20:59 pm | Posted By CASANSAAR
FOR all Live Updates on Rail Budget just refresh it or press F5. - PRABHU KI RAIL.... Suresh Prabhu has ended his Rail Budget speech. Review being done so that we can introduce new trains. It will be done in this budget session itself. New trains and increased frequency wi...
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Posted Date : 26-Feb-2015 , 10:17:16 am | Posted By CASANSAAR
Proud Moment for CA Fraternity, Our Professional Colleague who is a Railway Minister in Union Govt of India is going to present his first Rail Budget. Wishing Good Luck to CA Suresh Prabhu by team & members of CASANSAAR. With the aim of clearing the financial and adm...
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Posted Date : 25-Feb-2015 , 08:30:45 am | Posted By CASANSAAR
14th Finance Commission (FFC) Report Tabled in Parliament; FFC Recommends by Majority Decision that the States’ Share in the Net Proceeds of the Union Tax Revenues be Raised to 42% Which is a Huge Jump from the 32% Recommended by the 13th Finance Commission Article 280 of the Co...
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Posted Date : 23-Feb-2015 , 08:06:40 am | Posted By CASANSAAR
The budget session of Parliament is beginning today. The session will begin with President Pranab Mukherjee's address to members of both houses of Parliament. Meanwhile, the Government has sought cooperation from party leaders in both the Houses for smooth functioning of the session. Prime Mini...
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Posted Date : 19-Feb-2015 , 05:34:02 pm | Posted By CASANSAAR
The process of printing documents for the Budget 2015-16 began today with the ritual 'halwa ceremony', which was attended by Finance Minister Arun Jaitley in the North Block office. It has been a tradition which has continued for long. As part of the ritual, 'halwa' is prepared in a big 'kadhai...
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Posted Date : 10-Feb-2015 , 08:43:14 pm | Posted By CASANSAAR
The Union Finance Minster Shri Arun Jaitley during his Budget Speech of 2014-15 announced that an entrepreneur friendly legal bankruptcy framework would be developed for SMEs to enable easy exit. Pursuant to the above announ...
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Posted Date : 28-Jan-2015 , 08:13:36 am | Posted By CASANSAAR
Ahead of the Budget, Finance Minister Arun Jaitley(pictured) on Tuesday underlined the need for tax reforms and quick decision-making to ensure stability in policy regime. The minister also asked the Central Board of Excise and Customs (CBEC) officials to maintain a certain level of ...
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Posted Date : 21-Jan-2015 , 03:25:45 pm | Posted By CASANSAAR
The Budget session of Parliament will begin on February 23 and the Narendra Modi government will present its first full-year Budget on Saturday, February 28. The Budget session is held in two parts - Parliament will close for a recess on March 20 and will reconvene on April 20. The session ...
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Posted Date : 10-Jan-2015 , 01:53:28 pm | Posted By CASANSAAR
Railway Minister Suresh Prabhu has invited suggestions from the public to make the forthcoming Railway Budget citizen-oriented. The aim of such an engagement is to help Railways come closer to citizens and better understand challenges that they experience and ensure that most important areas fr...
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Posted Date : 16-Dec-2014 , 10:07:24 pm | Posted By CASANSAAR
Finance Minister Arun Jaitley will hold pre-budget consultations with different stakeholders including trade unions, financial institutions and economists beginning January 6. Jaitley, who would be presenting his second Budget in February end, will hold pre-budget discussions with industry ...
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Posted Date : 01-Aug-2014 , 08:01:19 am | Posted By CASANSAAR
Finance bill 2014 Final was presented by Finance Minister Shri Arun Jaitley on 10th July 2014. The bill got approval of Lok Sabha on25th July 2014 withsome amendments. Now Rajya Sabha has cleared the Finance Bill 2014 on 31st July 2014. Finance Bill will comes into effect af...
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Posted Date : 18-Jul-2014 , 01:46:23 pm | Posted By CASANSAAR
Finance Minister Arun Jaitley on Friday presented Delhi's Budget for Rs 36,776 crore in the Lok Sabha. No new taxes have been proposed by the Finance Minister in the budget. Rs 260 crore has been provided for power subsidy in Delhi. Jaitley said that Rs 0.80-1.20 per unit subsidy will be pr...
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Posted Date : 10-Jul-2014 , 03:01:50 pm | Posted By CASANSAAR
The new exemption limit was fixed at Rs. 2.5 lakh — from the existing Rs. 2 lakh. For senior citizens, the exemption limit was raised from Rs. 2.5 lakh to Rs. 3 lakh. Besides, the government raised the tax exemption on home loans from Rs. 1.5 l...
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Posted Date : 10-Jul-2014 , 02:53:11 pm | Posted By CASANSAAR
The General Budget 2014-15 presented by the Union Finance Minister Shri Arun Jaitley has raised the personal income-tax exemption limit by Rs. 50,000/- that is, from Rs. 2 lakh to Rs. 2.5 lakh in the case of individual taxpayers, below the age of 60 years. Exemption limit raised from Rs. 2.5 lakh to...
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Posted Date : 10-Jul-2014 , 02:49:14 pm | Posted By CASANSAAR
To broaden the tax base in Service Tax, sale of space or time for advertisements in broadcast media has been extended to cover such sales on other segments like online and mobile advertising. Announcing the tax proposals, the Finance Minister Shri Arun Jaitley said during his maiden budget speech th...
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Posted Date : 10-Jul-2014 , 02:48:12 pm | Posted By CASANSAAR
To boost domestic manufacture and to address the issue of inverted duties, the General budget 2014-15 has reduced basic customs duty (BCD) on certain items. To encourage new investment and capacity addition in the chemicals and petrochemicals sector, basic customs duty has been reduced. This was ann...
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Posted Date : 10-Jul-2014 , 02:05:49 pm | Posted By CASANSAAR
The facility of Electronic Travel Authorisation (e-Visa) shall be introduced in a phased manner at nine airports in India. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley said that the necessary infrastructure would be put in place withi...
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Budget 2014-15: Several Steps Announced to Promote Foreign Direct Investment (FDI) in Select SectorsPosted Date : 10-Jul-2014 , 02:04:01 pm | Posted By CASANSAAR
Government has announced several steps to promote Foreign Direct Investment(FDI) selectively in sectors where it helps the larger interest of the Indian economy. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley said that composite cap of ...
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Posted Date : 10-Jul-2014 , 01:53:17 pm | Posted By CASANSAAR
The Finance Minister Shri Arun Jaitley in his maiden Budget Speech advised financial sector regulators to take early steps for a vibrant, deep and liquid market. Shri Jaitley also proposed to extend a liberalized facility of 5% withholding tax to all bonds issued by Indian corporate abroad, extendin...
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Budget 2014-15: Legislative and Administrative Changes Proposed to Reduce Litigation in Direct TaxesPosted Date : 10-Jul-2014 , 01:50:06 pm | Posted By CASANSAAR
Government has proposed certain legislative and administrative changes with a view to reduce litigation in direct taxes. Announcing this in his maiden Budget Speech in the Parliament today, the Union Finance Minister Shri Arun Jaitley said that resident tax payers can now obtain an advance ruling in...
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