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Budget 2017

Jaitley revises estimate for FY18, expects Rs 24.42 lakh crore total expenditure in FY19

Jaitley revises estimate for FY18, expects Rs 24.42 lakh crore total expenditure in FY19

Thu, Feb 01, 2018

Jaitley said the government’s commitment is substantiated by increase in expenditure of Rs 2,24,463 crores over RE (2017-18).

Govt revises estimate for FY18, expects Rs 24.42 lakh crore total expenditure in FY19

Govt revises estimate for FY18, expects Rs 24.42 lakh crore total expenditure in FY19

Thu, Feb 01, 2018

Jaitley said the government’s commitment is substantiated by increase in expenditure of Rs 2,24,463 crores over RE (2017-18).

India's fiscal deficit overshoots budgeted estimate by 113.6% in Dec

India's fiscal deficit overshoots budgeted estimate by 113.6% in Dec

Thu, Feb 01, 2018

Fiscal deficit occurs when a government's total expenditure exceeds the revenue that it generates, excluding money from borrowings.

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Budget 2017: Government may incentivise food processing SMEs

Budget 2017: Government may incentivise food processing SMEs

Sun, Jan 22, 2017

The government is likely to announce incentives for small and medium food processing units in areas such as rice and tea in the Budget to promote the sector and boost manufacturing activities.

Budget 2017: Automobile players want speedy implementation of GST

Budget 2017: Automobile players want speedy implementation of GST

Thu, Jan 19, 2017

The industry also expects simplification of taxes and a reduction to drive up sales of new cars.

Nirmala Sitharaman signals start-ups may get tax benefits in Budget 2017

Nirmala Sitharaman signals start-ups may get tax benefits in Budget 2017

Mon, Jan 16, 2017

Commerce and Industry Minister Nirmala Sitharaman on Monday indicated that start-ups may get additional tax benefits in the forthcoming budget, to be unveiled on February 1.

Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Mon, Jan 16, 2017

The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.

Clarity on GST, manufacturing, digital push: Tech companies' Budget 2017 wishlist

Clarity on GST, manufacturing, digital push: Tech companies' Budget 2017 wishlist

Fri, Jan 13, 2017

More clarity on the goods and service tax (GST) and especially which slab their product(s) will be placed is something that all technology companies are looking forward to from Budget 2017.

Postponed product launches, consumption stimulus in Budget to boost ad spends

Postponed product launches, consumption stimulus in Budget to boost ad spends

Fri, Jan 13, 2017

Many brands have partial deferment of advertising budgets led by postponement of new launches.

GJEPC expects FM Arun Jaitley to reduce import duty on gold to 5% in Budget 2017

GJEPC expects FM Arun Jaitley to reduce import duty on gold to 5% in Budget 2017

Thu, Jan 12, 2017

To curb grey market and boost the organised players, the Gem and Jewellery Export Promotion Council (GJEPC) is expecting Finance Minister Arun Jaitley to reduce the import duty on gold to around 5%in the upcoming Union Budget.

Demonetisation may pull down India's near-term economic growth

Demonetisation may pull down India's near-term economic growth

Fri, Jan 06, 2017

With India's GDP growth expected to slow down to 7.1% during 2016-17 from 7.6% in the previous fiscal, India Inc on Friday said further downward risks to growth prevail as demonetisation may pull down economic growth in the next one or two quarters.

Tax collection to exceed budget estimates this fiscal: Arun Jaitley

Tax collection to exceed budget estimates this fiscal: Arun Jaitley

Wed, Jan 04, 2017

Finance Minister Arun Jaitley on Wednesday expressed confidence that direct and indirect tax mop-up will surpass Budget estimate of Rs 16.3 lakh crore by March-end.

FM Arun Jaitley should double I-T exemption limit to Rs 5 lakh per year: Deloitte survey

FM Arun Jaitley should double I-T exemption limit to Rs 5 lakh per year: Deloitte survey

Sun, Jan 01, 2017

Finance Minister Arun Jaitley should double the basic income tax exemption limit to Rs 5 lakh per year and raise the ceiling for claiming deduction under Section 80C to Rs 2.50 lakh, according to a survey by tax consultant Deloitte.

The ups and downs of stock markets in 2016

The ups and downs of stock markets in 2016

Sat, Dec 31, 2016

The equity markets witnessed more volatility this year on the back of various events both in domestic and international, which led the investor dance on its tunes.

WATCH: Top 5 stories of this morning; From upcoming budget likely to provide relief in direct, corporate taxes to Cabinet to make ordinance on old note holders today

WATCH: Top 5 stories of this morning; From upcoming budget likely to provide relief in direct, corporate taxes to Cabinet to make ordinance on old note holders today

Wed, Dec 28, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments.

PM Modi shares why Govt decided to advance Budget 2017 to February 1

PM Modi shares why Govt decided to advance Budget 2017 to February 1

Tue, Dec 27, 2016

Listening to their views, Modi thanked for their suggestions and observations.

Budget 2017: CII recommends lower corporate tax

Budget 2017: CII recommends lower corporate tax

Tue, Dec 27, 2016

Currently, average corporate tax rate for the industry sector in the country is around 22-23%.

Short-term capital gains tax may increase to 20% in Budget 2017

Short-term capital gains tax may increase to 20% in Budget 2017

Tue, Dec 27, 2016

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.

Modi, Jaitley to hold pre-budget meeting with NITI Aayog, economists today

Modi, Jaitley to hold pre-budget meeting with NITI Aayog, economists today

Tue, Dec 27, 2016

Prime Minister Narendra Modi and Finance Minister Arun Jaitley will meet NITI Aayog officials, economists and experts on Tuesday to get their views on the upcoming Budget 2017-18.

Lower income tax: India now needs lower level of taxation: Arun Jaitley

Lower income tax: India now needs lower level of taxation: Arun Jaitley

Mon, Dec 26, 2016

"What you need is lower level of taxation, to provide services more competitive in nature. Competition is not domestic, it is global. This is one important change you will witness while you will be in service," Jaitley said.

No plans to impose long-term capital gains tax on securities transactions: Arun Jaitley

No plans to impose long-term capital gains tax on securities transactions: Arun Jaitley

Mon, Dec 26, 2016

The government has no plans to impose long-term capital gains tax on share transactions in the upcoming Budget 2017, Finance Minister Arun Jaitley clarified on Sunday, describing media reports of Prime Minister Narendra Modi`s speech earlier as erroneous.

PM Narendra Modi hints at increase in taxes on income from stock markets; promises prudent reforms

PM Narendra Modi hints at increase in taxes on income from stock markets; promises prudent reforms

Sat, Dec 24, 2016

Ahead of the Budget, Prime Minister Narendra Modi on Saturday favoured increasing the tax contribution from various market participants in a "fair, efficient and transparent way" and promised more "sound and prudent policies and reform measures".

Bring certain agricultural activities into income tax net: Experts tell Jaitley

Bring certain agricultural activities into income tax net: Experts tell Jaitley

Wed, Dec 21, 2016

In an attempt to curb people from converting black money into white, economists in their pre-budget consultative meeting with Finance Minister Arun Jaitley in New Delhi on Tuesday suggested the minister to bring certain type of agriculture income under tax net.

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