Union Budget 2017-18

After scoring a rare sovereign upgrade late last year, PM Modi wants to keep global investors and credit-rating companies on his side in the Budget 2018. Key to that will be sticking to his goal to narrow one of Asia's largest budget deficits.

Ahead of the Budget, Finance Minister Arun Jaitley today said the agriculture sector is the top priority for the government because the country's economic growth is not "justifiable and equitable" unless the benefits are "clear and evident" in the farm sector.

The eighth day of the month-long second leg of the budget session of parliament is expected to be a busy one. The Bill scheduled to be considered and passed in the Lok Sabha is The Finance Bill, 2017 and The Constitution (Scheduled Castes) Orders (Amendment) Bill, 2017. In the Rajya Sabha, the bill for consideration and passing is the Employee's...

Finance Minister Arun Jaitley on Wednesday said the electoral bonds announced in Union Budget 2017-18 to promote legitimate funding of political parties could not treated as parallel currency and would be valid only for a specific duration.

Finance Minister Arun Jaitley on Tuesday asked various central ministries to remain in a state of readiness for implementing schemes and projects as funds would be made available from April 1.

The Department of Investment and Public Asset Management is scouting for merchant bankers to manage the initial public offering (IPO) of the three PSUs, which is under the administrative control of the Rail Ministry.

The lowering of tax rate, while ensuring that there is no erosion of existing tax base, is expected to encourage present non-filers to move towards compliance by paying taxes and filing the tax return, says Ms Kasturirangan.

Mr Jaitley said the Centre has made adequate financial allocation in the recent Budget for rural development such as power, irrigation, roads, drinking water, housing and MGNREGA.

The Budget appears to aim at providing more structural support to accelerate growth momentum over the long run, says Mr Mishra.

Considering the thrust of stimulating growth, curbing black money and simplification of tax administration, the finance minister laid down the proposals from a tax perspective of today.

The finance minister in Budget 2017-18 proposed to abolish the Foreign Investment Promotion Board and further relax FDI policy.

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.

Using Big Data analytics, the Income Tax Department has segregated different kinds of deposits and large ones like more than Rs 1 crore that do not match with income tax returns filed in previous years will be taken for "layer enforcement".

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.

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.

After scoring a rare sovereign upgrade late last year, PM Modi wants to keep global investors and credit-rating companies on his side in the Budget 2018. Key to that will be sticking to his goal to narrow one of Asia's largest budget deficits.

Ahead of the Budget, Finance Minister Arun Jaitley today said the agriculture sector is the top priority for the government because the country's economic growth is not "justifiable and equitable" unless the benefits are "clear and evident" in the farm sector.

The eighth day of the month-long second leg of the budget session of parliament is expected to be a busy one. The Bill scheduled to be considered and passed in the Lok Sabha is The Finance Bill, 2017 and The Constitution (Scheduled Castes) Orders (Amendment) Bill, 2017. In the Rajya Sabha, the bill for consideration and passing is the Employee's...

Finance Minister Arun Jaitley on Wednesday said the electoral bonds announced in Union Budget 2017-18 to promote legitimate funding of political parties could not treated as parallel currency and would be valid only for a specific duration.

Finance Minister Arun Jaitley on Tuesday asked various central ministries to remain in a state of readiness for implementing schemes and projects as funds would be made available from April 1.

The Department of Investment and Public Asset Management is scouting for merchant bankers to manage the initial public offering (IPO) of the three PSUs, which is under the administrative control of the Rail Ministry.

The lowering of tax rate, while ensuring that there is no erosion of existing tax base, is expected to encourage present non-filers to move towards compliance by paying taxes and filing the tax return, says Ms Kasturirangan.

Mr Jaitley said the Centre has made adequate financial allocation in the recent Budget for rural development such as power, irrigation, roads, drinking water, housing and MGNREGA.

The Budget appears to aim at providing more structural support to accelerate growth momentum over the long run, says Mr Mishra.

Considering the thrust of stimulating growth, curbing black money and simplification of tax administration, the finance minister laid down the proposals from a tax perspective of today.

The finance minister in Budget 2017-18 proposed to abolish the Foreign Investment Promotion Board and further relax FDI policy.

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.

Using Big Data analytics, the Income Tax Department has segregated different kinds of deposits and large ones like more than Rs 1 crore that do not match with income tax returns filed in previous years will be taken for "layer enforcement".

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.

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.