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Budget FY18

Will Budget FY19's excise duty cut reduce petrol, diesel prices?

Will Budget FY19's excise duty cut reduce petrol, diesel prices?

Fri, Feb 02, 2018

With this reduction, the FM said the government will bear the revenue loss of Rs 13,000 crore in the remaining part of FY18.

Study any course online by using SWAYAM app, Jaitley says; here's how

Study any course online by using SWAYAM app, Jaitley says; here's how

Wed, Feb 01, 2017

In its push toward a digital economy, the Union Budget mentioned incentives for India’s youth to enhance learning outcomes in the country.

Is this budget enough to boost rural economy?

Is this budget enough to boost rural economy?

Wed, Feb 01, 2017

The days leading up to the budget had many speculations of ‘rural stimulus’ which analysts said would drive consumption demand as it constitutes 40-50% of FMCG sectors’ demands. Analysts and industry expert views have been captured in this article over the various rural incentives provided by the government.

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Govt moves to curb 'sham' deals in stock market

Govt moves to curb 'sham' deals in stock market

Wed, Feb 01, 2017

To clamp down on tax evasion through "sham transactions" in stock market, the government today proposed to provide exemption from long-term capital gains tax only if STT has been charged on purchase of shares and other "genuine cases" such as public offers.

Analysts hail tax certainty in Budget, rue high corp tax rates

Analysts hail tax certainty in Budget, rue high corp tax rates

Wed, Feb 01, 2017

Analysts and market experts have welcomed the tax proposals in the Budget saying the slew of pro-business measures along with more inclusive taxation for individuals and small firms, will go a long way in boosting consumption which in turn will help the economy grow faster.

Union Budget: Average deposits of Rs 3.31 crore made in 1.48 lakh accounts during demonetisation

Union Budget: Average deposits of Rs 3.31 crore made in 1.48 lakh accounts during demonetisation

Wed, Feb 01, 2017

Demonetisation revelations continued as the Union Budget was announced on Wednesday by Finance Minister Arun Jaitley.

“The thrust on affordable housing is timely"

“The thrust on affordable housing is timely"

Wed, Feb 01, 2017

“The thrust on affordable housing is timely and represents a significant step forward in the government’s programme of providing shelter to all.

Budget allots Rs 1.84 lakh crore to women, child welfare in FY18

Budget allots Rs 1.84 lakh crore to women, child welfare in FY18

Wed, Feb 01, 2017

For the welfare of women and children under various schemes across all Ministries, Finance Minister, Arun Jaitley, in his budget speech on Wednesday said that the allocation has been increased to Rs 1,84,632 crores in 2017-18.

The biggest positive is the continued focus on infrastructure

The biggest positive is the continued focus on infrastructure

Wed, Feb 01, 2017

“Budget 2017 is notable first for the fact that the government has maintained fiscal discipline and resisting the urge to come up with a populist budget given the upcoming elections in a number of states. So, this is not a ‘political’ budget, which was a big fear."

"This has been one of the path breaking budgets"

"This has been one of the path breaking budgets"

Wed, Feb 01, 2017

Increased focus on infrastructure especially construction of new roads, improvement of existing roads and coastal connectivity will go a long way to benefit the real estate sector.

What to expect in today's Budget; a final roundup

What to expect in today's Budget; a final roundup

Wed, Feb 01, 2017

The Union Budget which will be declared on February 1, a month prior to its usual timeline will present consolidated funds for the centre as well as Indian railways.

Not a replacement but an add-on to social programmes; Universal Basic Income explained

Not a replacement but an add-on to social programmes; Universal Basic Income explained

Tue, Jan 31, 2017

The proposal for the provision of a Universal Basic Income (UBI) in the Economic Survey document began with quotes by Mahatma Gandhi.

Complete remonetisation in a month or two, says Arvind Subramanian

Complete remonetisation in a month or two, says Arvind Subramanian

Tue, Jan 31, 2017

The Economic Survey presented by Finance Minister, Arun Jaitley, in the Parliament on Tuesday said that India has shown ‘robust macroeconomic stability’ in the year gone by despite demonetisation and the GST bill.

Economic Survey: GST will create common Indian market, improve tax compliance, boost investment, says Govt

Economic Survey: GST will create common Indian market, improve tax compliance, boost investment, says Govt

Tue, Jan 31, 2017

The Economic Survey was presented in the House of Parliament on Tuesday spoke of a ‘robust macro-economic stability’ despite the Goods and Service Tax (GST) bill being passed and demonetisation of higher currency.

Economic Survey 2016-17: Universal Basic Income would reduce poverty by 0.5%, finance ministry says

Economic Survey 2016-17: Universal Basic Income would reduce poverty by 0.5%, finance ministry says

Tue, Jan 31, 2017

Finance Minister Arun Jaitley has advocated the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty. He said this in the Economic Survey tabled in Parliament on January 31, 2017.

Over Rs two lakh crore sanctioned under Mudra scheme: President Pranab Mukherjee

Over Rs two lakh crore sanctioned under Mudra scheme: President Pranab Mukherjee

Tue, Jan 31, 2017

President Pranab Mukherjee on Tuesday said the government has provided over Rs two lakh crore through 5.6 crore loans sanctioned under the Pradhan Mantri Mudra Yojana.

Economic Survey may suggest replacing subsidies with Universal Basic Income

Economic Survey may suggest replacing subsidies with Universal Basic Income

Tue, Jan 31, 2017

Finance Ministry is likely to suggest a Universal Basic Income (UBI) for the poor in the Economic Survey 2016-17 to be tabled in Parliament on Tuesday January 31, 2017 at 1 pm.

Budget expectations: Women seek cheaper essential goods, healthcare

Budget expectations: Women seek cheaper essential goods, healthcare

Sun, Jan 29, 2017

Tax relief on essential commodities and services, and maternal and medical benefits are some of the expectations of women from Finance Minister Arun Jaitley, who is set to unveil the budget for fiscal 2017-18 on February 1.

Lower fees, cheaper gadgets, jobs: Young India's budget expectations

Lower fees, cheaper gadgets, jobs: Young India's budget expectations

Sun, Jan 29, 2017

Curtailment of education fees, cheaper electronic gadgets and more focus on jobs are some of the expectations Young India has from the budget for fiscal 2017-18 that Finance Minister Arun Jaitley will table in parliament on Wednesday.

E-commerce players seek sops on digital transactions in Budget

E-commerce players seek sops on digital transactions in Budget

Wed, Jan 25, 2017

With the government`s emphasis on a less-cash economy, stakeholders in the country`s digital space have sought incentives in the upcoming Union Budget on February 1. The incentives would help to promote e-commerce -- an essential component of non-monetary transactions, they said.

Budget 2017: Looking forward to clarity in FDI norms in retail for level playing field, says RAI CEO Rajagopalan

Budget 2017: Looking forward to clarity in FDI norms in retail for level playing field, says RAI CEO Rajagopalan

Tue, Jan 24, 2017

Head of the apex body of Indian retailers, Kumar Rajagopalan, CEO, Retailers Association of India on Monday said that he was awaiting clarity in foreign direct investment (FDI) norms in the sector.

Budget 2017: 8-10% cigarette tax, rural stimulus imminent, says FMCG experts

Budget 2017: 8-10% cigarette tax, rural stimulus imminent, says FMCG experts

Sun, Jan 22, 2017

The upcoming budget has all eyes turned to how the government will calm the seas after the demonetisation and Goods and Service Tax (GST) storm in 2016.

Budget 2017: Government may incentivise food processing SMEs

Budget 2017: Government may incentivise food processing SMEs

Sun, Jan 22, 2017

The government is likely to announce incentives for small and medium food processing units in areas such as rice and tea in the Budget to promote the sector and boost manufacturing activities.

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