Economy 2018

Budget 2018 has given a shot in the arm for Narendra Modi's Make in India program

The indirect tax proposals made during the 2018 Budget are largely focused on incentivising ‘Make in India’ by making imports comparatively disadvantageous

Budget 2018: Govt has focused on building stronger and inclusive economy

Arun Jaitley does a UPA vs NDA: FM says LTCG tax required in present situation, markets crashed on global cues

Arun Jaitley said the downslide in the bourses was not caused by the reintroduction of LTCG and attributed negative global cues

RBI guv Urjit Patel's take on LTCG tax: 'Multiple taxes on capital impact investments and savings'

Urjit Patel said there is sizable scope for the investment to GDP ratio to improve and pointed out to increasing capacity utilisation levels

Indian Railways data shows poll-bound BJP ruled states saw highest rise in rail budget allocation

Figures from Indian Railways highlight how most states have gained after the NDA came to power in 2014

Budgets are good case studies to explain how political business cycle operates with public support

Incentive to corporate sector, selling of public utilities and privatisation in Union Budget 2018 is justified for public needs i.e. capital for development.

Hasmukh Adhia alleys investors' fears, says LTCG tax not causing sell-off at markets; blames global slump

Hasmukh Adhia, who is also Revenue Secretary, said income of government from Securities Transaction Tax (STT) is a paltry Rs 9,000 cr

Budget 2018: Why mutual fund investments continue to remain attractive saving option despite return of LTCG tax

Report says despite re-introduction of LTCG tax, investments made in equity related mutual funds still remained profitable.

Budget 2018: Arun Jaitley's fifth full budget is not just farmer-friendly but is for Digital India too

Arun Jaitley has doubled allocation on Digital India programme to Rs 3,073 crore in 2018-19 in his Budget speech

Budget 2018: Govt revising fiscal deficit target to 3.5% won't impact overall economic growth, says Moody's

Moody's says medium-term target to reduce central govt debt-to-GDP ratio to 40 percent is supportive of sovereign credit profile