Union Budget 2017

Early Withdrawal From NPS Made Tax-Exempt: 10 Things To Know

Business | Thursday February 9, 2017

National Pension Scheme has been given a boost in the Budget with Finance Minister Arun Jaitley offering income tax sops on early withdrawal.

RBI Expected To Cut Interest Rate To 6-Year Low Today: 10 Points

Business | Wednesday February 8, 2017

If RBI cuts its repo rate by 25 basis points to 6 per cent, it will be the lowest since November 2010.

Opinion: Overall Positive Budget, But Start-Up Sector Hoped For More

Business | Monday February 6, 2017

One of the highlights of the Budget for start-ups is the increase in profit-linked tax exemptions from 5 years to 7 years, says Mr Chowdhry.

Banks Can't Escape Responsibility Of Bad Loans: Former RBI Chief

Business | Press Trust of India | Monday February 6, 2017

At a panel discussion on Union Budget-2017, Mr Rangarajan also said that though the adverse impact of demonetisation will wear off as the currency availability improves, some affects will not go away even as sectors like real estate will have to rethink their business models.

Income Tax Slabs: Here Are New Tax Rates Applicable From April 2017

Business | Wednesday February 8, 2017

Bringing some cheers to the individual tax payers, Finance Minister Arun Jaitley halved the income tax rate to 5 per cent for individuals having taxable income between Rs 2.5-Rs 5 lakh compared to 10 per cent earlier.

Arun Jaitley's Disinvestment Programme Raises Capital Market Ambitions

Business | Thomson Reuters | Monday February 6, 2017

In last week's Union Budget, Finance Minister Arun Jaitley set a Rs 72,500 crore target for divestment in the 12 months from April 1, up from a revised Rs 45,500 crore goal in the current fiscal year.

Penalty Of Equal Amount For Receiving Cash Over Rs 3 Lakh: Centre

India News | Press Trust of India | Monday February 6, 2017

In a bid to check generation of black money, a steep penalty awaits those accepting cash in excess of Rs 3 lakh, beginning April 1, to settle any transaction. A ban on cash transaction of more than Rs 3 lakh has been proposed in the Budget for 2017-18.

BSNL Takes on Reliance Jio, Oppo A57, ZTE Blade A2 Plus, and More News This Week

Gadgets 360 Staff | Sunday February 5, 2017

As BSNL continued to take on Reliance Jio, the Union Budget 2017 also hit the headlines in India.

Penalty Of Equal Amount For Receiving Cash Over Rs 3 Lakh

Business | Press Trust of India | Monday February 6, 2017

The Revenue Secretary said the Budget proposes to levy penalty on a person who receives Rs 3 lakh and above.

Budget 2017 Disappoints, Maternity Benefit Programme Underfunded, Excludes Those Who Need It The Most

Dipa Sinha | Monday February 6, 2017

According to the World Health Statistics (2016), nearly 5 women die every hour in India due to pregnancy and delivery related complications. 17 per cent of maternal deaths in the world occur in India. Based on the data from the Rapid Survey on Children (2013), only 65 per cent of children are exclusively breastfed up to six months of age. Infant an...

Opinion: Nice To See NREGA Trending. But Urgent Fixes Needed.

Opinion | Reetika Khera | Friday February 3, 2017

The "highest ever allocation" to NREGA (which also led to it trending on Twitter) in the Union Budget has provided a useful opportunity to raise some pressing issues related to the implementation of the scheme. It is natural, and welcome, that the government turn to NREGA to provide much-needed relief to those whose already precarious lives have be...

PM Modi's Math Rests On Rich Asset Sale, Optimistic Targets

Business | Jeanette Rodrigues, Bloomberg | Friday February 3, 2017

Government on Wednesday pledged to shrink the shortfall to 3.2 percent of gross domestic product in the year starting April 1 from 3.5 percent the previous year.

Opinion: Corporate Tax Proposals Create Platform For Bigger Tax Reforms

Business | Jaideep Kulkarni | Thursday February 2, 2017

The fiscal proposals are aimed towards stimulating growth, curbing black money and promoting digital economy, among other things, says Mr Kulkarni.

Budget 2017 Sends Positive Signals To Investors: Experts

Business | Press Trust of India | Thursday February 2, 2017

These investments would create opportunities for both domestics and foreign companies to supply equipment and services profitably in this massive infra-modernisation plans, one of the experts said.

Budget 2017: Tech Firms Call for Electronics Manufacturing Ecosystem

Press Trust of India | Thursday February 2, 2017

Firms said the absence of a robust electronics manufacturing ecosystem in the country will only restrain the Make in India and Digital India vision.