UNION BUDGET 2017
Union Budget 2017 likely to be taxpayer-friendly
The Budget may offer incentives and packages to boost consumption and accelerate growth, after reports that demonetisation had suppressed demand.
Did Union Budget 2017 help in job creation?
Most professionals feel the focus on education and skill development will help resolve the problem of unemployment. However, results will be gradual.
Broken pledges, lost chances spoil budget
In sum, viewed as an annual financial exercise, this was a reasonable budget. But it slipped on many old pledges and could have done much more.
Budget for grownups: This year was about clear strategy, not endless tinkering
We finally did not have a budget that made the FM resemble a combination of Santa Claus and a strict headmaster, depending on whether you gained from the budget or lost.
12 words that show how economy walked the Budget talk
From RK Shanmukham Chetty to Arun Jaitley, here are 12 words that show the continuous change in Indian economy.
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Government to reduce time for revising income tax return to 12 months
Centre plans to have a simple one-page form to be filed as ITR for the category of individuals having taxable income up to Rs 5 lakh other than business income.
Oilseed processors disappointed with Union Budget 2017
"This will discourage farmers to continue to grow oilseeds and may switch over to other crops and our dependence on imports of Vegetable oil will further increase," stated SEA release.
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 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.
There is a Railway Budget. Here are the seven measures announced by Arun Jaitley
It may have been subsumed in the General Budget, but FM Arun Jaitley ensured Railways go its share in the Union Budget with a slew of measures.
Rupee opens at 1-month high ahead of Union Budget 2017
FIIs bought shares worth Rs 735.32 crore on Tuesday with gross purchases and gross sales of Rs 3,336.30 and Rs 2,600.98, respectively.
Union Budget 2017: Arun Jaitley should keep calm and carry on
Jaitley’s budget is expected to include extra spending to revive growth, breaking an earlier promise to shrink public borrowing to 3 percent of gross domestic product.
Union Budget 2017: Six key expectations of startup sector
The Budget, which will be presented by Finance Minister Arun Jaitley on February 1, has sent startups into a tizzy, with industry stakeholders sharing their major expectations from Budget 2017.
Union Budget 2017: Nine important features to look out for
There are expectations that finance minister Arun Jaitley will announce tax rebates and incentives to encourage transactions through cards and digital means.
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.
What is Contingency Fund?
Contingency Fund is created as an imprest account to meet some urgent or unforeseen expenditure of the government.
What is a Revenue Budget?
Revenue expenditure is expenditure for the normal running of government departments and various services, interest charges on debt incurred by government, subsidies and so on.
What is Consolidated Fund?
All expenditure of the government is incurred from the Consolidated Fund of India and no amount can be drawn from it without due authorisation by Parliament.
Budget 2017 may provide tax gain for common people to soothe note ban pain
People who pay income tax are likely to be the big gainers, having faced hardship due to demonetisation while also likely getting lower salary increases.
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