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Union Budget 17-18

'India-made' mobile phones to become expensive by 1-2%

'India-made' mobile phones to become expensive by 1-2%

Wed, Feb 01, 2017

"This will lead to a potential one per cent increase in cost of mobile handsets. In the initial phase, the cost will be passed on to consumers as it is difficult to absorb this cost fully," Panasonic President and CEO (India and South Asia) Manish Sharma told PTI.

Budget 2017 disappoints on income tax slabs rebate, experts say

Budget 2017 disappoints on income tax slabs rebate, experts say

Wed, Feb 01, 2017

Jaitley made various income tax related announcement which will directly impact the personal finance of an individual.

Budget 2017: Companies can now carry their tax credit under MAT, AMT for 15 years

Budget 2017: Companies can now carry their tax credit under MAT, AMT for 15 years

Wed, Feb 01, 2017

Ameen Khwaja, Founder & CEO, LatestOne.com “Push for digital economy is a positive step towards Digital India. However, was expecting more benefits for startups and MSMEs. Few benefits are good like - the increase in the tax break segment, MAT can be carried forward to 15 years and 5% reduction in income tax for MSMEs."

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Union Budget 2017: FM Jaitley gives relief to NPS subscribers

Union Budget 2017: FM Jaitley gives relief to NPS subscribers

Wed, Feb 01, 2017

Finance Minister Arun Jaitley while presenting Union Budget 2017 gives relief to employees subscribed unser National Pension System (NPS).

Sensex, Nifty at three-months high; stocks that gained after Budget 2017

Sensex, Nifty at three-months high; stocks that gained after Budget 2017

Wed, Feb 01, 2017

Sensex closed at 28,141.64, surging over 485 points or 1.76% and that of Nifty 50 ended at 8,716.40 above 155 points or 1.81%. Four sectors namely auto, bankex, metal and Fast moving consumer goods (FMCG) were the top winner on BSE after Budget.

Budget 2017: Aadhaar based Smart cards for Senior Citizens with their health records

Budget 2017: Aadhaar based Smart cards for Senior Citizens with their health records

Wed, Feb 01, 2017

Finance Minister, Arun Jaitley announced the introduction of Aadhaar based smart cards for senior citizens over the age of 60 years at the presentation of the Union Budget in the lower house of parliament.

Govt to give cashback for using BHIM app; Jaitley says

Govt to give cashback for using BHIM app; Jaitley says

Wed, Feb 01, 2017

Jaitely said, "The government will launch two new schemes to promote usage of BHIM app and these are Referral Bonus Scheme for individuals and a Cashback Scheme for merchants."

Budget allots Rs 1.84 lakh crore to women, child welfare in FY18

Budget allots Rs 1.84 lakh crore to women, child welfare in FY18

Wed, Feb 01, 2017

For the welfare of women and children under various schemes across all Ministries, Finance Minister, Arun Jaitley, in his budget speech on Wednesday said that the allocation has been increased to Rs 1,84,632 crores in 2017-18.

Affordable homes get infrastructure status in Union Budget

Affordable homes get infrastructure status in Union Budget

Wed, Feb 01, 2017

Adding to the profit-linked income tax exemption for promoters of affordable housing scheme in last year’s budget, Finance Minister Arun Jaitley today said that affordable homes will be given infrastructure status.

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