Rental housing is an important part of the housing industry as it provides a roof to people who cannot afford their own houses.
Assocham has also sought policy measures to facilitate private sector participation in plantation development programmes
Seizure of smuggled cigarettes has doubled in the last two years indicating the increase in smuggling.
The fact that this will be the last full budget before the 2019 elections and that the government has already spent all of its budgeted expenditure for this financial year will further complicate matters.
The purpose behind the introduction of MAT in the Income Tax Act was to bring all zero tax companies and to neutralise the impact of certain benefits/incentives.
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
Ahead of the Budget, automobile industry body SIAM has asked the government to restore incentives given on research and development in the form of weighted tax deduction to the previous level
Industry body CII has sought rationalisation of the dividend distribution tax rate to 10 percent in the upcoming Budget to encourage participation of different stakeholders in the country's financial markets
Anuj Puri said although government has taken proactive stance towards cleaning up and regulating the real estate sector, there are still several policy-related pain points where the upcoming Union Budget can make a decisive difference
The government is found wanting in bringing about relief to individual taxpayers on lot many fronts.
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
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
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
From banks' recapitalisation to job creation, five areas that Arun Jaitley should lay emphasis on in budget
Govt needs to have a war-room strategy on irrigation in budget as according to Bibek Debroy biggest problem of agriculture is the dry land issue
For both critics and fans, 2017 belonged to Narendra Modi; will Gujarat slow down his reform juggernaut in 2018?
Narendra Modi govt is facing a difficult task in shaping the budget this year on account of less than expected revenue collections from GST
GST impact: Govt to borrow Rs 50,000 cr more this year as revenue takes a hit; fears of fiscal slippage loom
The government is having to raise extra funds as it has already spent over $200 billion in eight months to October, about 60 percent of the budgeted spending, while revenue collections were just 48 percent of the target.
Arun Jaitley holds 3rd pre-Budget consultation, seeks views of panel members from corporate and finance ministries
Finance minister is expected to present Union Budget for 2018-19 on Feb 1 which would be last full-fledged budget of current govt
The recommendation was made during the process of the Budget exercise, and the matter is with the Department of Revenue under Ministry of Finance for necessary action, Telecom Minister Manoj Sinha said in a written reply to Lok Sabha.
In the past, govt had indicated it will bring long term capital gains tax for bourses as it felt taxes on gains made on equity holdings were not much
"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"