There is a lot of buzz around Budget 2017 which might be presented on February 1. Quantum Securities on Wednesday said that they expect a landmark Budget with radical measures.
The textile ministry will likely see a substantial jump in fund allocation for it in the coming Budget as the government steps up focus on labour-intensive sectors.
To harmonise the peak customs duty on industrial goods at 7%, Prime Minister Narendra Modi met economists and sector-experts ahead of the Budget 2017-18.
Prime Minister Narendra Modi today said advancing the date of budget presentation would help getting funds authorised for different sectors at the start of the financial year.
The departments of commerce as well as industrial policy and promotion are focussing on measures that are important and yet have “limited budget implications.”
As the Budget 2017-18 is drawing closer, a significant moderation in the direct tax incidence on a vast majority of taxpayers is increasingly looking certain.
GJF Chairman GV Shridhar said the government should consider increasing the amount beyond which PAN card is necessary for purchase of gold and jewellery to Rs 5 lakh.
Naveen Patnaik today said the state generates an annual revenue of over Rs 15,000 crore for Indian Railway and sought a Rs 5,870 crore package for development of railway infrastructure in the state.
As the Indian Railways is saddled with under-recovery of over R32,000 crore from the passenger segment, an across-the-board hike in fares could be expected soon.
Representatives of the financial sector, in a pre-Budget meeting with finance minister Arun Jaitley on Tuesday, sought a slew of tax incentives to deal with the impact of demonetisation and the surge
Mahajan highlighted the various issues related to the Industrial Sector and requested the State Government to resolve the same in the Budget of 2017-18.
Stating that Budget 2017 will focus on wealth redistribution, CLSA's Senior Economist Rajeev Malik on Tuesday said that the government may look at increasing exemption limit for personal Income tax.
At a pre-budget with Arun Jaitley, bankers urged the Finance Minister to hike the TDS (Tax Deducted at Source) exemption limit on fixed deposits for senior citizens to Rs 50,000 from the current Rs 10
Finance Minister Arun Jaitley on Tuesday indicated that no populist measures will come through for the railways when its budget will be merged with the general budget from the next fiscal.
Incentives are on the cards for merchants promoting use of plastic money and income-tax benefits could be offered to those making payments electronically, sources said.
Speaking at the Pre- Budget Consultative Meeting, FM Arun Jaitley said that the Software Development and Information Technology Enabled Services industry had emerged as one of the most dynamic and vib
Given the fears raised by various privacy advocates, the Aadhaar Bill has done well to categorically say "no core biometric information, collected or created under this Act shall be shared with anyone