Budget 2018

Union Budget 2018 has failed people of India: Former Finance Minister P Chidambaram

Former Finance Minister P Chidambaram launched a fierce attack on the central government and finance minister Arun Jaitley, Chidambaram, on Saturday, and said that budget 2018 as a whole has failed th

Budget 2018: Here’s what has changed for taxpayers, senior citizens

Budget 2018 belongs to Bharat (rural India) with special emphasis being laid on welfare of farmers, the socially and economically weaker sections of the society. The main focus of the Budget has been

Budget 2018 promise: MSP – Govt to adopt A2+FL formula; know what this means

Budget 2018: Finance minister Arun Jaitley on Friday told the Rajya Sabha that the Budget announcement on ensuring farmers minimum support prices (MSPs) of kharif crops at one-and-a-half times of thei

Modi govt has helped transform the fiscal landscape, making tax revenue a non-problem

Budget 2018: Budget 2019 can best be described as one made possible by an ongoing revolution in tax collection. This revolution is beginning to make possible another revolution in income transfers to

Budget 2018: Higher MSPs are welcome, bring cheers to farmers

Budget 2018: On expected lines, the Budget 2018-19 aimed at strengthening agriculture and rural economy. Agriculture deserves serious attention as roughly half of the population is dependent on it for

Despite all the hype, Budget 2018 was just another missed opportunity for the education sector

Budget 2018: The finance minister, in his Union Budget 2018 speech, mentioned “education” the most number of times (to be precise, 29 times), amongst other buzzwords like agriculture (26 times) an

FM Arun Jaitley to brief RBI and Sebi board on Budget 2018 tomorrow

Budget 2018: Finance Minister Arun Jaitley will address the boards of the Reserve Bank and markets regulator Sebi tomorrow, highlighting various financial sector reforms announced in the Union Budget

Rail Budget 2018: Rs 9,000 cr allocation for Northern Railway to modernise entire signalling system

Railway Budget 2018: The Northern Railway has been allocated Rs 9,000 crore in the railway budget 2018-2019 to modernise its entire signalling system by embracing the world's most advanced technology,

Budget 2018 debate in Lok Sabha: Will stick to fiscal prudence, says Finance Minister Arun Jaitley

Budget 2018: A day after the monetary policy committee flagged risks to inflation from a fiscal slippage, finance minister Arun Jaitley on Thursday said that Centre has been sticking to fiscal prudenc

How Budget 2018 will benefit the industry at large

Budget 2018: Given the prevailing economic conditions of muted consumption, the Union Budget FY19 was widely expected to focus on the rural and agricultural economy, social sector, job creation, and m

Budget 2018 has provided a big boost to MSMEs

Budget 2018: The Union Budget clearly recognises the strain on the economy, particularly in the farm and informal sectors, in terms of job creation. The proposal to increase agricultural credit by 10%

Budget 2018 did not address key issues like farmers plight, says TMC MP Dinesh Trivedi

Budget 2018: TMC MP Dinesh Trivedi today criticised the Union Budget calling it a "jumla" (rhetoric) and alleged that several issues like the plight of farmers, better health services and education ar

Budget 2018: Affordable housing gains, but real estate sector left disappointed

Budget 2018: The real estate sector had high expectations from the Union Budget. The anticipation was that FM Arun Jaitley will continue from where he left in the Union Budget 2017. However, that did

Budget 2018 India Highlights: Modi government to showcase each Ministry’s outcome document, says NITI Aayog

Budget 2018: After this year's Union Budget, the government may give a detailed performance-based outcome document indicating the target of each ministry in Parliament said NITI Aayog.

Budget 2018 promise: How MSP-based deficiency payments could cost Rs 80,000 crore or more

Budget 2018: Though the Budget did not specify which cost will be used, chances are the lower A2+FL will be used. In the case of paddy, for instance, MSPs will need to be raised by around 11%, 18% in

Labour reforms: Jammu and Kashmir makes a good beginning

Budget 2018: Provisions of the proposed J&K Employment Code are not in public domain. Indeed, the Budget speech suggests it is still work in progress. But there are some clear principles that should

Budget 2018: Make alternative infra funding easier

Budget 2018: In the Economic Survey 2017-18, it is noted that the recoveries from investment slowdowns, especially those associated with balance-sheet difficulties, tend to be stickier and hence the s

Budget 2018: No major surprises for corporate India

Budget 2018: For small cohesive groups with common interest, raising and investing resources to achieve their common goals is a lot easier and plausible compared to large diverse groups with diffused

Budget 2018: Taxing digital businesses

Budget 2018: While tax administrators complain that traditional factors are no longer sufficient, taxpayers believe that the sanctity of these time-tested factors cannot be disturbed.

Budget 2018: No major surprises for corporate India

Budget 2018: Direct tax—hits and misses On the tax front, following the trend of previous years, the Budget continues to focus on increasing taxpayer base and moves away from providing tax exemption

Budget 2018: Arun Jaitley’s MSP-based deficiency payments scheme could cost at least Rs 80,000 crore

The budget’s promise of MSP-based deficiency payments, should the government not be able to procure all crops at the MSP, could cost around Rs 80,000 crore based on conservative estimates.

Railway Budget 2018 for states: Details of projects for Maharashtra, UP, Kerala, Karnataka and other states

Railway Budget 2018: Modi government in their last Union budget 2018 before the 2019 Lok Sabha elections announced many game changing projects to uplift the Railway sector of the nation. Here are stat

Railway Budget 2018: 881 km rail network set to be electrified in West Bengal

Budget 2018: The Union budget for fiscal 2018-19 has proposed electrification of 881 km of rail network in West Bengal at a proposed cost of Rs 771.54 crore, a senior railway official said here today.

Railway Budget for Uttar Pradesh 2018: New projects announced! Total outlay at Rs 7,685 crore; details here

Railway Budget for Uttar Pradesh 2018: Modi government has announced many game changing projects to enhance UP's Railway network. Currently, there are 73 on going railway projects in Uttar Pradesh, wo

Odd FCI entry boosts off-Budget public capex in FY18 by 18%

Budget 2018: The Budget allocation to the corporation in 2017-18 was Rs 1.02 lakh crore (RE) and in the next year, it is budgeted to receive Rs 1.38 lakh crore. However, it is a fact that CPSE capex h

Affordable housing fund: Here is how government will raise Rs 25,000 crore over the period of 4 years

Budget 2018: Talking about the Budget allocation, Puri said his ministry has been allocated Rs 41,756 crore in 2018-19, up nearly 3% from Rs 40,617 crore in 2017-18. The announcement of a dedicated AH

Budget 2018: ‘Global cues behind market decline, not LTCG tax’

Budget 2018: The government said the total amount of exempted capital gains from listed shares and units was around Rs 3,67,000 crore for AY 2017-18. It expects to mop up Rs 20,000 from the tax on LTC

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