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Nuclear sector welcomes Rs.3,000 crore yearly allocation

New Delhi, Feb 29 (IANS) Nuclear power generation capacity is built over a period of time and Finance Minister Arun Jaitley’s announcement of a Rs.3,000 crore yearly allocation for the next two decades is certainly…





Goyal hails budget as transformative

New Delhi, Feb 29 (IANS) Union Power Minister Piyush Goyal on Monday hailed the general budget 2016-17 presented by Finance Minister Arun Jaitley, describing it as “transformative”. “This budget is pro poor, pro farmer and…





Government turning tax payer friendly

New Delhi, Feb 29 (IANS) Terming tax disputes as a scourge of tax-friendly regime, Finance Minister Arun Jaitley, presenting the budget for 2016-17 on Monday, unveiled a new dispute resolution mechanism to minimise litigation. He…





Luxury cars to become costlier

New Delhi, Feb 29 (IANS) Union Finance Minister Arun Jaitley here on Monday announced that an additional 1 percent tax will be imposed on cars valued at above Rs.10 lakh. “I also propose to collect…