Budget News - Page 4

Economic Survey 2017-18 uncovers 10 new facts about economy, says 1.8 mn direct tax filers added since note ban
Economic Survey says India's firm export structure is substantially more egalitarian than in other large countries

Sensex zooms 320 points to at 36,371 as Economic Survey paints stronger growth projections; budget on 1 February
Sensex went up mostly due to gains made by Maruti Suzuki, TCS, HDFC Ltd, Tata Steel, Bajaj Auto, Kotak Mahindra Bank, Hindustan Unilever, among others

Budget 2018: Arun Jaitley may tweak income tax slabs, do away with multiple deductions: EY report
About 48 percent respondents said they expect finance minister Arun Jaitley to lower corporate tax rate to 25 percent in Budget 2018

Budget 2018: Why Narendra Modi government should focus on policymaking, not policing
The government has already announced that rural India and infrastructure as the focus areas in the upcoming budget.

Budget 2018: Small businesses remain untouchables for conventional banks; can Arun Jaitley offer a solution?
Panelist says there needs to be a targeted approach to address the problems of small firms who don't get much lending from banks

Budget 2018: Remove import duty on raw materials, urges stainless steel industry
The import duty on ferro-nickel is 2.5% and the raw material has to be imported because India hardly has any nickel resources, the association said

Budget 2018: Citizen's body demands rise in HRA, action against builders misusing GST
A not-for-profit organisation has pitched for stern action against those builders who are "enriching themselves" under the "guise of GST" causing loss to homebuyers

Budget 2018: Fiscal slippage not a bigger worry than faltering economy; Jaitley shouldn't repeat UPA's mistake
The additional spending, if directed to kickstart economic engines, can work well to regain the growth momentum, even at the cost of a one-off fiscal slippage

GST collections at 5-month low: Nothing alarming, but enough to upset Arun Jaitley’s budget math
"This budget is going to be extremely difficult for the government since there is a big change happening in the tax regime and there are several inconsistencies"

Union Budget 2018: Pressure on FM Arun Jaitley to fulfil promise of cutting corporate tax rate to 25%
In the upcoming Union Budget 2018, Finance Minister Arun Jaitley will be under pressure to moderate tax rate for the industry which was promised a lower corporate tax of 25 percent by the government three years ago

Budget 2017: Govt realised dream of 'power-surplus' India, says Piyush Goyal
Union Minister of State for Power Piyush Goyal’s confident smile at the 'Budget Verdict' show at the Hyatt Regency in New Delhi on Thursday evening underscored the aphorism that "Nothing succeeds like success"

A budget agenda for common man: Tweak income tax slabs, raise 80C deductions
The government should increase the minimum income threshold limit to Rs 3 lakh for those below 60 years and raise the 80C deductions to Rs 2 lakh

Maharashtra drought crisis: Agriculture sector to decline by 2.7%, claims state's Economic Survey
The severe drought gripping parts of Maharashtra has left its imprint on the Economic Survey, which says agriculture is expected to decline by 2.7%.

Health sector has been given 'top' priority in budget: Nadda
There has been a "sizable" increase of 21 per cent in this year's budget allocation for the health sector, the government on Tuesday said.

Real Estate Bill will be a reality in this Budget session: Venkiah Naidu
Naidu on Monday confidently said that the Real Estate Bill will become a "reality" during the ongoing Budget session of Parliament.

Budget 2016: Rating agencies doubt Jaitley's revenue growth optimism
Rating agencies have said while some of the revenue growth expectations expressed are optimistic, the government will have to deliver on the fiscal targets

Budget 2016: Will Jaitley's Robin Hood gesture to pay for rural distress work?
The government aims to increase tax revenues through indirect taxes on neo middle class.

Budget 2016: Tech industry cheers Arun Jaitley's nine-point agenda
Some reactions on the Union Budget 2016, presented by Jaitley, by some of the biggest names in the tech world

Budget 2016: It's not all that great; here are a few missing links in Jaitley's budget
Very few startups make profits in the first two to three years of their operations.

Budget 2016: Modi has passed budget exam with flying colours, says Rajnath Singh
Rajnath Singh on Monday said that Prime Minister Narendra Modi has passed his general budget examination with "flying colours".

Budget 2016: Over Rs 7,290 crore allocated for AMRUT, 'Smart Cities' Mission
The government on Monday allocated about Rs 7,296 crore for two central schemes of urban transformation, AMRUT and 'Smart Cities' Mission

Budget 2016: Hopeless, says TMC; CPM says it is full of 'hollow promises'; NCP says it's old hat
The Opposition dubs the Budget 2016-17 presented by Union Finance Minister Arun Jaitley as “hopeless” and “stereotype”

Budget 2016 will accomplish 'housing for all' dream, hails PM Modi
PM Modi on Monday hailed his Finance Minister Arun Jaitley for the poor-friendly general budget that will also fulfil their dream of owning a house

Budget 2016: Small relief to individual tax payers with annual income less than Rs 5 lakh
Jaitley on Monday gave a small relief of Rs 3,000 to individuals having an annual income of less than Rs 500,000

Budget 2016: A pro-poor budget; adherence to fiscal deficit a big positive, say experts
Here is what experts ranging from macroeconomic, infrastructure to banking sector have to say on Budget 2016

Budget 2016: Accelerate infra facilities to make India a manufacturing hub
Demand and supply-side constraints restrict Indian manufacturing firms from being competitive with their global compatriots.

Budget 2016: Five suggestions to make India a next destination nation
India has managed to fare reasonably well in terms of macro-economic performance.

Railway Budget 2016: Despite revenue and funding blues, Prabhu skips rail tariff hikes
A crux of Railway Minister Suresh Prabhu's Rail Budget that shows targets set by him for this fiscal on a host of counts remained to be realised

Rail Budget 2016 reflects government's commitment to poor: Prime Minister
PM Modi said that the Rail Budget lays emphasis on investment and information technology and shows the government's commitment to the welfare of the poor

Rail Budget 2016 is like a train coach without passengers: Bihar CM Nitish Kumar
Bihar CM Nitish Kumar on Thursday said that people were disappointed by the Railway Budget - 2016-17 as it lacked vision.