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Union Budget 2017 News
Union Budget 2017
Jan Dhan Accounts get a boost from Budget 2018
Thu, Feb 01, 2018
“The government will expand the coverage under Prime Minister Jan Dhan Yojana by bringing all sixty crore basic accounts within its fold,” said the Finance Minister.
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Budget 2018: Jaitley raises fiscal deficit target to 3.5% for FY18
Thu, Feb 01, 2018
India's fiscal deficit stands at Rs 6,12,105 crore in just eight months of FY19, overshooting the budgeted estimate (BE) target by 112% for the current financial year.
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Will govt take measures to upgrade digital infra in Budget 2018?
Thu, Jan 25, 2018
Transactions through digital means rose 6.05% to 1.06 billion in December 2017 from 997.1 million in November.
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Will this upcoming Budget cheer common man, corporates?
Wed, Jan 24, 2018
It is expected that the government may increase the income tax exemption limit to Rs 3 lakh from currently Rs 2.5 lakh.
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Budget 2018: Extension of short-term capital gains tax on stocks to 3 years sought
Mon, Jan 15, 2018
Currently a person who sell equity shares listed on stock exchanges within 12 months of their buying, then they enter into short term capital gain
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India Inc may get relief in GST transition credit in Budget 2018
Tue, Jan 09, 2018
Goods and Service Tax (GST) has been effective in India since July 2017, and many taxpayers, exporters, industries and markets have claimed that they faced difficulties in adapting the regime.
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Corporates anxiously await govt stand on MAT, AMT in upcoming Budget
Tue, Jan 09, 2018
Initially, the MAT was introduced for companies and was later made applicable to all other taxpayers in the form of AMT.
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Will the govt increase disinvestment targets for FY19?
Thu, Jan 04, 2018
The BSE on its website explains that the main objective of disinvestment is to indicate that PSUs had shown a very negative rate of return on capital employed.
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Will govt bring change in income tax slab? here's the present structure
Tue, Jan 02, 2018
Every year the government revises the income tax slab rates during the budget. Various deduction are allowed to a taxpayer under Section 80C and Section 80D.
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New timetable of 500 trains in effect from tomorrow; Here's what you need to know
Tue, Oct 31, 2017
Introduction is made under the direction of Railway Minister Piyush Goyal. Running time of popular trains have been reduced between 15 minutes to 2 hours from tomorrow onwards.
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Sunteck Realty posts four-fold leap in net profit for October-December 2016
Mon, Feb 13, 2017
Commercial and residential property developer Sunteck Realty has reported 269.25% rise in the consolidated net profit for the third quarter ended on December 31,2016.
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Budget 2017: Affordable housing policy credit positive for Lodha, Indiabulls Real Estate
Mon, Feb 06, 2017
In the Budget 2017, the base year for the calculation of capital gains with indexation benefits has changed to 2001 from 1981.
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Space dept gets additional Rs 1,048 crore, atomic power Rs 498 crore more in Budget 2017
Thu, Feb 02, 2017
The Department of Space (DOS) got a net allocation of Rs 9,093.71 crore for the next fiscal, up from Rs 8,045.28 crore as per the revised budget estimate for 2016-17.
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25bps repo rate cut more likely in Apr than Feb: Citigroup
Thu, Feb 02, 2017
The Budget pegged the fiscal deficit at 3.2% of GDP in 2017-18.
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Budget 2017: US industry welcomes budget, terms it 'forward-looking'
Thu, Feb 02, 2017
Karun Rishi, President of USA-India Chamber of Commerce (USAIC) described it as a well-balanced, fiscally prudent budget in the right direction.
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Govt initiatives on digital India in Budget 2017 a positive move says ad industry
Wed, Feb 01, 2017
Apart from this, the government has announced initiatives to push digitisation in rural areas which will being about more people on the internet.
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Start-ups celebrate initiatives taken by govt in Budget 2017
Wed, Feb 01, 2017
Jaitley announced that for small businesses with an annual turnover of Rs 50 crore they will now have to pay 5% less income tax. This brings down their income tax level to 25%.
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Consumer electronics industry welcomes govt move for Budget allocation towards MSIPs, EPF
Wed, Feb 01, 2017
The government has increased the allocation for incentive schemes like M-SIPS and EDF to Rs 745 crore in 2017-18
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Budget will spur growth, make economy competitive: India Inc
Wed, Feb 01, 2017
AC-maker Blue Star's B Thiagarajan said the Budget will give a boost to rural sector.
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From giving infra status to affordable housing to lowering tenure of capital gains tax, real estate players have welcomed Budget 2017 outcome
Wed, Feb 01, 2017
Real estate players have welcomed the government's announcement of infrastructure statues to affordable housing in the real estate sector in Budget 2017.
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