Free Press Journal
  • Tech, manufacturing sector get a boost

    NEW DELHI: Finance minister Arun Jaitley announced a slew of measures to incentivise the next wave of digital technology in India, including the much-neglected domestic technology product manufacturing. In the full Budget for 2014-15, Jaitley announced an investment-linked deduction in tax for semiconductor wafer fabrication manufacturing units. MAIT, the apex body of computer hardware, training and software industries, had lobbied for a change in the duty structure on IT hardware manufacturing and

  • FM: No random retrospective tax

    New Delhi :  Finance Minister Arun Jaitley Thursday said retrospective taxation, which evoked much criticism from domestic and overseas investors, notably Britain’s Vodafone, remained any sovereign government’s prerogative but assured that India will not resort to it randomly.

  • Experts say personal tax sops to boost savings, consumption

    Mumbai :  Tax experts hailed Budget proposals to raise income tax exemption cap to Rs 2.5 lakh, tax rebate on interest portion of home loan to Rs 2 lakh and investment sops of Rs 50,000, saying this will help increase savings and higher disposable income.

  • It’s budget for rebuilding nation: CM

    BHOPAL : Chief Minister Shivraj Singh Chouhan has described the Union budgetas the budget for rebuilding the nation. He said that it’s an effort to heal the wounds given by the UPA government.  He described it as ‘forward looking’ and said it would lead to economicrevival.It seeks to lay foundation of powerful, rich and glorious India. Chouhan said that attention has been paid to everything be it internal security or rural and

  • Diesel prices seen deregulated in FY15

    NEW DELHI: The government expects the price of diesel to be deregulated and reach parity with market rates by Mar 31, according to the full 2014-15 Union Budget presented by Finance Minister Arun Jaitley. While, it hinted that one-time hike in diesel prices would not be possible due to inflationary pressures and other economic factors, the Budget clarified that the policy of gradually increasing the diesel prices to “eliminate under recovery and

  • Brains use standard code to speak same emotional language

    New York : Know why partners derive similar pleasure from sipping a fine wine or watching their favourite game? It is because they share similar “fine-grained patterns of activity” in the brain, reports IANS.

  • 5-a-side football tourney on July 13

    Mumbai :  Five-a-side football tournament for the underprivileged children organised by Sunday Boys Football Club and Patron Charitable Trust will be held on July 13, 2014 at the Dreams Field, Hiranandani Estate,  Thane.

  • Decomposed body found in Kurla

    Mumbai: A decomposed body of an unidentified male was found near the railway tracks at Railway Colony, Kurla. The body was found inside some bushes at 8 pm on Wednesday. The age of the deceased is estimated to be between 40-45 years of age. Due to its severely decomposed state, the injuries on the body could not be made out. The body was sent for a postmortem to the Rajawadi hospital in

  • I am in awe of Salman: Nargis Fakhri

    It is known that Nargis Fakhri got a chance to shake a leg with superstar Salman Khan from the upcoming film ‘Kick’. And now the model-actress Nargis Fakhri says that she was bowled over by the superstar’s personality and energy though she was nervous initially to dance with the ‘Dabangg’ star.

  • Theatre

    Lekure Udand Jhali

  • Ashish rallies to down Unnat

    Mumbai :  Ashish Pednekar put up spirited fightback after dropping the opening game before rallying to get the better of Unnat Sangle in the men’s singles opening round in the Mumbai Suburban District Badminton Championships, sponsored by DHFL and hosted by Juhu Vile Parle Gymkhana Club at their courts on Thursday.

  • Vodafone to continue international arbitration

    Mumbai :  Telecom major Vodafone will continue the international arbitration process in the Rs 20,000-crore tax dispute with Indian authorities as the government today decided not to drop retrospective amendment in tax laws.

  • Typhoon Neoguri leaves three dead in Japan

    Tokyo : Typhoon Neoguri, which made landfall early on Thursday on Japan’s main island of Honshu, has left three people dead and 49 injured in flooding and mudslides this week, reports IANS.

  • Fake cops dupe pedestrian of 2L

    Mumbai: Two men posing as policemen duped a 38-year-old pedestrian of Rs 2 lakh at New Link Road, Andheri, west. Keshav Dhond had gone for a morning walk at 6.20 am on Thursday. When he was near the Volkswagon car showroom, some unknown persons approached him and called him inside the showroom’s entrance and said that there has been a murder at the road ahead. The alleged accused said that they were

  • 25 pc jump in allocation of funds to MEA

    New Delhi: External Affairs Ministry has seen a jump of 25 per cent in its allocation of funds in the Union Budget 2014-15 with the maximum hike seen under the head of technical assistance and advances to foreign governments. While the total fund given to the MEA in 2013-14 was Rs 11,793 crore, the current budget presented by Finance Minister Arun Jaitley provides for Rs 14,730 for the

  • Govt dilute stake in PSU bks to raise funds

    NEW DELHI: The government plans to dilute its stake in public sector banks to fulfil the capital requirement of these banks, Finance Minister Arun Jaitley said. The government has given state-owned banks an ‘in-principle’ approval to consider options to bring down the sovereign stake to as low as 51%. To meet Basel-III norms by March 2018, banks will require equity infusion of 2.40 trln rupees.