Make in India, Budget & defence in news

THE ECONOMIC TIMES Sat, Feb 21, 2015 | 12:05 PM IST Weekly Platter Newsletter

Budget 2015 may propose significant changes in income tax and corporate tax structures, boost savings Personal income tax and corporate tax structures could see a significant revamp, leaving more money in the hands of individuals and with companies. read more Government takes up PM Modi's challenge on ease of doing business; launches eBiz portal "The eBiz portal is a response to the challenge put to us by PM Narendra Modi to improve ease of doing business," said Nirmala Sitharaman. Airbus in talks with M&M, RIL, Tata Group to jointly make military helicopters The company, a unit of Airbus Group, is offering to build its light utility AS550 Fennec and the medium lift EC725 for India's armed forces.

Editor's Pick Why China can't be the super power dominating 21st century "China will stay on top of Asia's pile, but it would be balanced by US, Japan, India, Vietnam, Korea and Indonesia," says Sanjaya Baru. A day in the life of Andhra Pradesh CM Naidu and the challenges he faces Andhra CM Naidu has called KCR's leadership "visionless". "He was my follower. I nurtured him. Why should I call him names?" says Naidu to ET Magazine. Will accomplish in five years what has not been done in the past 25: Nitin Gadkari 'From Delhi to Gurgaon we want to bring a ropeway system with a capital cost of Rs 40-50 cr. It can carry five people at a time,' says the Transport Minister. Clean energy push: Drop in solar power cost a game changer, says PM Narendra Modi The PM described the thrust on renewable energy production as a game changer and an effort to ensure universal energy access for India's poor.

Most Popular This Week Kejriwal government seeks coal block from Centre to set up a plant for Delhi Snapdeal's expected loss to increase five fold, pegged to be Rs 1500 crore Nilekani, Jhunjhunwala invest Rs 100 cr in entity that owns CCD Raining freebies: Builders offer up to 25% discount, free studio apartments, modular kitchens to lure home buyers Infosys buys automation technology startup Panaya, deal valued at Rs 1200 crore

Story of The Week Make in India: PM Modi vows to double output of defence manufacturing "We have raised the permitted level of FDI to 49%. This can go higher, if the project brings state-of the art technology," the PM said. read more

Money How you can rejig compensation structure to make your salary more tax-efficient An employee earning Rs 60,000-70,000 a month can save over Rs 20,000 in tax in a year by realigning the package appropriately. Will home loans become cheaper with RBI's new base rate formula? With Reserve Bank of India cutting rates and new rules for the base rate system, we could soon see home loans becoming cheaper.

Stock Round Up Sensex snaps 7-day winning streak; RIL, ICICI Bank drop The 30-share index settled at 29,231.41, down 230.86 points or 0.78 per cent. It touched a high of 29,462.09 and a low of 29,178.26 in trade today.

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