BUDGET 2017
Budget 2017-18: Pro-poor, pro-rural, pro-reform; first after DeMo, first to feature Railways
Budget 2017-18 brought in significant fiscal changes. It focused on tax reforms, rural development and infrastructure growth. The budget aimed to boost digitisation and reassure demonetisation-haunted citizens. Key initiatives included income tax relief for lower earners and record allocations for agriculture and rural sectors. Infra spending saw big increase, with a focus on transport and railways.
Budget 2017: Highlights
Jaitley presented the Budget amid hopes that the proposals will help revive a slowing economy, hit further by demonetisation of high value currency.
Budget 2017 gets a thumbs up from social media users
The Budget received an overwhelmingly positive response from social media users who deemed the budget ‘progressive’, according to a report published by data analytics firm, Blueocean Market Intelligence.
Budget 2017: Investment outlay for BSNL lower at Rs 4,300 crore in 2017-18
The expenditure estimate for the telecom PSU in the revised estimates for 2016-17 has been lowered to Rs 4,800 crore.
Fisheries sector disappointed by Budget 2017
Fisheries do not enjoy the same benefits as agriculture, despite the sector coming under the purview of agriculture ministry.
Has Arun Jaitley's Budget left you richer or poorer? Read and find out
For the aam aadmi, the Budget document's economic jargon can be intimidating. We break it down here to help you understand where exactly your finances now stand.
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Budget 2017 addresses key issues of Railways, challenge is implementation
A positive feature is that physical targets for 2016-17 have either been achieved or exceeded; there is great need for investment in safety.
Budget 2017 in a nutshell
A look at the major points from Budget 2017 which will affect the major stakeholders of the economy as well as individual taxpayers.
Budget 2017: Thinly capitalised, overseas promoted companies to pay more tax
Such companies whose interest outgo was over 30% of operating profit or EBITDA could claim the same as expense and set it off against tax liability.
Wishes unfulfilled: What you wanted and what you got in Budget 2017
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
Most important features of Budget 2017 that you shouldn't miss
Here some of the key features of Union Budget 2016-2017 that you shouldn't miss.
Industry welcomes denotification of fruits and vegetables from APMC proposed in Budget 2017
Agricultural marketing is a state subject and the central government had first circulated the model APMC Act in 2003 for the states to adopt it.
Union Budget 2017-18 makes real estate more affordable
The land holder in any real estate project has to pay tax on the gains only once the project is complete.
Ten measures for education rejig in Budget 2017
Emphasis will be given on science education and flexibility in curriculum to promote creativity through local innovative content.
Ten themes of Union Budget 2017
Arun Jaitley listed 10 themes for Budget 2017 to convey the overall thrust of his proposals. Most of these suggest a cautious approach to economy without taking recourse to populist measures.
FMCG stocks buoyant as rural focus likely to fuel consumption; Emami up 4%
With a good monsoon this year, rural economy was expected to do well. But, with additional spending by the government in the rural areas rural economy will get additional support.
Budget 2017 may focus on skilling youth, creating jobs
The President's address to Parliament on Tuesday noted that the government had been working to create new avenues and make technical education more accessible.
Budget 2017: States may get sops for adopting centre's agricultural reforms
The incentives, which would include price insurance for some crops and higher interest subventions among others, will also pave the way for private players to enter the sector.
Budget 2017: Remonetising realty
Some immediate measures are required to support Indian real estate and the government must take some strong steps to 'remonetise' the sector.
Budget 2017: Wishes and Horses
Like every year, this time too various sections have their own wish list for the Finance Minister
Mr Jaitley, these are five key expectations from Budget 2017
It is expected that Jaitley on February 1, 2017 may announce some upward revision in the income tax slabs to benefit the common tax payers in the country.
Budget 2017: Here are a few areas where FM Jaitley can give you tax breaks
The tax rates/slabs were last changed in the financial year 2014-15. The Finance Minister may enhance the same this year.
Budget 2017 will not postpone GAAR
GAAR will also override the provisions of tax treaties entered into by India with other countries. In fact, the recently signed protocol with Singapore explicitly mentioned a treaty override.
FinMin seeks Twitterati vote on focus of Budget 2017-18
People can exercise their voting option on the official twitter handle of the Ministry of Finance. The voting would remain open for next 4 days.
When poetry makes dry Budget numbers come alive
The poetry recited so far in budget speeches has been quite diverse—from Urdu poet Allama Iqbal to Tamil poet and philosopher Thiruvalluvar.
Government may rationalise MAT in Budget 2017
MAT provisions, as they largely stand now, draw their genesis from the Finance Act, 2000, which introduced tax at 7.5% of book profits.
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