As Union Finance Minister Arun Jaitely rose to present the Union Budget on February 1, an entire nation reeling under the impact of demonetization, watched anxiously. Jaitely didn’t disappoint them either. He simply drove in the measures to usher in digital economy and cashless economy. There was…
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Union Budget 2017-18 will strengthen the economic muscle of the country: Pankaj Patel, President, FICCI
“It is directionally correct, fiscally prudent and strengthens the governance fabric of the nation” Commenting on the Union Budget 2017-18, Pankaj Patel, President, FICCI said “This budget would tremendously strengthen the economic muscle of the country. It is directionally correct, fiscally prud…
Focus on rural infrastructure, small taxpayers & MSMEs to strengthen economy: PHD Chamber
While welcoming the Union Budget 2017-18, Gopal Jiwarajka, President, PHD Chamber of Commerce and Industry said the government has provided a balanced and growth-oriented budget; tax benefits to small taxpayers, MSMEs and Infra status to affordable housing are encouraging and would pave the way f…
Highlights of Union Budget 2017-18
The 2017 Union Budget, presented by Finance Minister Arun Jaitley on February 1, was broadly focused on 10 issues — farming sector, rural population, youth, poor and health care for the underprivileged, infrastructure, financial sector for stronger institutions, speedy accountability, public serv…
IRCTC, IRCON, IRFC to be listed on bourses: Arun Jaitley
New Delhi: The government will move ahead with the listing of Railway PSUs — IRCTC, IRCON and IRFC — and come out with a procedure for a time-bound listing of CPSEs. In his Budget speech on February 1, Finance Minister Arun Jaitley said the government will look at consolidation option for PSUs an…
Union Budget 2017: Big cheer for taxpayers with income below Rs 5 lakh Tax rate slashed to 5%
Union Budget 2017: Finance Minister Arun Jaitley in his speech announced that he will reduce the tax rate of individuals earning between Rs 2.5 lakh to Rs 5 lakh to 5% from the current 10%. This would also translate into an additional benefit of Rs 12,500 for tax payers even beyond Rs 5 lakh. To …
Budget 2017: Arun Jaitley’s fourth Budget could signal a breakout year
Finance Minister Arun Jaitley is set to present his fourth Budget on February 1st, amid growing expectations that he will unveil measures to raise people’s spending power, boost farm income, revive investment activity and expand welfare schemes to soothe the demonetisation pain, ahead of state As…
Budget 2017: With home litigation cases piling up, govt needs to strengthen judicial framework
The Union Budget 2017 in order to make the ‘Housing for all’ dream come true for consumers, not only has to provide ample affordable housing stock, but also has to devise ways so that the end user requirements are met successfully. What is most alarming today is the fact that a growing number of …
Budget 2017: What do SMEs want?
The announcement of the Union Budget 2017 is barely a day left. Different sets of people expect different things from the budget. Women want a budget that will enhance their contribution to the economy. The youth expects a budget that will improve skill-based training. So, what are the small and …
Economic Survey 2017: India’s 2017-18 growth seen recovering fast after note ban
India will grow at 6.75-7.5 percent in 2017-18, the Economic Survey 2016-17 said in a guarded forecast on January 31, tempering expectations of an early revival in the broader economy still reeling under the effects of demonetisation. “Demonetisation will have both short-term costs and long-term …