Budget 2018: Narendra Modi government’s last full Union Budget will give job seekers, agriculture sector and infrastructure big reasons to cheer! While standalone measures for job creation in Finance Minister Arun Jaitley’s India Budget 2018 are being anticipated, the latter two areas – agriculture and infrastructure – will also indirectly help create a huge number of jobs.
Budget 2018: Finance Minister Arun Jaitley while presenting the Union Budget for FY2016 had announced that corporate tax rates would be reduced from 30% to 25% over four years. In last full year budget prior to the 2019 general elections, India Inc is eagerly waiting to see whether the Finance Minister lives up to that promise.
Budget 2018: On February 1, when Finance Minister Arun Jaitley will present the Budget 2018, many will be eagerly waiting for the disinvestment target for the financial year 2019. Ahead of this year’s Union Budget, the Narendra Modi-led NDA government at the centre has raised a record Rs 91,253 crore.
The salaried and individuals have high expectations from India Union Budget 2018 as far as income-tax slab rates are concerned. There is much anticipation that income-tax slab rates for year 2018-19 to be announced in the budget to presented on the date of February 1 will up the exemption by at least Rs 50,000.
India Budget 2018 impact on stock markets, long term capital gain on shares & dividend distribution tax: Investors can relax. Especially, smaller investors who have had a rocking time with equity MF investments in year 2017. FY 2017 has been an outstanding year for equities and for small investors who have poured enormous amounts of money into equity based mutual funds.
Budget 2018: Finance Minister Arun Jaitley in his Union Budget 2018 speech on February 1 is expected to announce a slippage in the fiscal deficit target for 2017-18. And, what’s more, there is no need to panic! That’s what a majority of economists, experts and fund managers surveyed in a pre-Budget 2018 poll by FinancialExpress.com have to say.
Budget 2018: Will Narendra Modi government’s last full Union Budget 2018 on February 1 give common man, salaried individuals and taxpayers reason to cheer? When it comes to Budget expectations from the Modi government – it’s always best to prepare for the unknown! That’s the biggest takeaway that emerges from FE Online’s pre-Budget 2018 survey.