This year, the introduction of social security schemes by the government has been a great move in deepening the penetration levels of insurance in India.
with crude at a multi-year low, the oil and gas sector needs to have special look in the budget which could boost the sector.
With a reined in fiscal deficit, the RBI would have enough headroom to cut rates further, which would be positive for the economy
Budget 2016: Construction of ports should be exempted from service tax payment for reviewing the sector
Ports are economic multipliers, as they induce factors in development of an area thus providing space for industrial clusters.
Indian Markets had been upbeat on the Narendra Modi Government since the last 18 months but lately their hopes increasingly have given way to dispair.
MCX today urged the government to scrap commodity transaction tax (CTT) and allow foreign stock bourse/financial bodies to hold up to 15 per cent stake in the recognised commodity bourse.
Although there is a higher limit of deduction for senior citizens for medical insurance but for the day to day medical needs there is no deduction
Assocham has asked the government to increase the personal income tax exemption limit in budget to Rs 4 lakh from Rs 2.5 lakh for all individual taxpayers.
Government should raise tax exemption limit for health insurance and introduce fiscal measures to help increase its penetration, say industry officials.
The realty sector is just emerging from a prolonged and painful slowdown, and is looking for all and any signs of light at the end of the tunnel. This fact makes Union Budget 2016 all the more critical, and the real estate industry has many expectations from it.
Ahead of the Budget 2016-17, Finance Minister Arun Jaitley today said the government is looking into the recommendations of Parthasarathi Shome committee for simplifying tax administration.
Justice Easwar has come up with some rules of thumb which are by no means quick fixes
Government has invited suggestions from the public for 2016-17 Budget in its bid to make the exercise more broad-based.