Wed, Feb 08, 2017
As the Reserve Bank of India (RBI) gears up to declare its sixth bi-monthly policy for the financial year 2016-17, the debate arises as to post demonetisation and the Union Budget FY1,8 what should the RBI do in terms of repo or interest rates.
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Thu, Feb 02, 2017
Social media platform Twitter today said it had recorded 7.2 lakh tweets with the hashtag #Budget2017 between January 30 and February 2.
The Department of Space (DOS) got a net allocation of Rs 9,093.71 crore for the next fiscal, up from Rs 8,045.28 crore as per the revised budget estimate for 2016-17.
Wed, Feb 01, 2017
Increased focus on infrastructure especially construction of new roads, improvement of existing roads and coastal connectivity will go a long way to benefit the real estate sector.
Jaitley announced that the threshold limit for audit of business entities who opt for presumptive income scheme increased from Rs 1 crore to now Rs 2 crore.
Finance Minister, Arun Jaitley, at the presentation of the Union Budget announced many incentives for the Indian railways, which included withdrawal of service charge on e-tickets.
Small business will now have to pay 5% less income tax, which brings it to the 25% level.
Read the key highlights of India's Union Budget 2017-18 presented on February 1, 2017
Finance Minister, Arun Jaitley, on Wednesday while announcing the Union Budget for the year 2017-18 made an indirect reference to wilful defaulters like Vijay Mallya.
Find out the five key announcements Finance Minister Arun Jaitley made in his Union Budget 2017-18 for India's healthcare sector on February 1.
People can ask the questions to Finance Minister by using #MyQuestionToFM and get a chance to interact directly with him.
In the Budget 2015, during the speech, Jaitley had said that the government will reduce the tax rate for the domestic companies from 30% to 25%.
Thu, Jan 26, 2017
That is raising concern among some economists and investors that the government will take too many fiscal risks.
Tue, Jan 10, 2017
Speculations over this year’s budget being simpler in nature, among others, have come to light as analysts expect a ‘rigorous approach’ in the preparation of the same.
Fri, Jan 06, 2017
India remained the fastest growing major economy with its GDP accelerating to 7.3% in the July-September quarter.
Tue, Jan 03, 2017
Union Budget 2017 will be presented on February 1, 2017, a government official confirmed on Tuesday.
Tue, Dec 27, 2016
Currently, average corporate tax rate for the industry sector in the country is around 22-23%.
A possible increase in short-term capital gains (STCG) tax could be on the agenda in the Budget for 2017 along with higher levy on dividends earned. The STCG, which is the profits on sale of shares held for less than a period of 12 months, is presently taxed at 15% and is expected to be increased to 20% in FY17.
Wed, Dec 21, 2016
Currently, no tax is charged up to income of Rs 2.5 lakh per year.
Mon, Dec 19, 2016
For the income between Rs 10 lakh to Rs 15 lakh, the tax rate is likely to be 20% as per the new proposal.
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!["This has been one of the path breaking budgets"](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2017/02/01/13813-shishir-baijal-knight-frank.jpg?itok=_cNx6MlZ&c=2c0dd64f38579ed9dd428ccb05e9e0a9 ""This has been one of the path breaking budgets"")
