Diabytes
Budget 2017-18 News
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FIPB was initially constituted under the Prime Minister's Office in the wake of economic liberalisation in the early 1990s.
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Finance Minister Arun Jaitley slashed the income tax rate to 5 percent for individuals having income between Rs 2.5-Rs 5 lakh from the earlier tax rate of 10 percent.
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Constrained by the need for fiscal prudence, Budget 2017-18 continues on the path of fiscal consolidation without compromising on India's public expenditure, Finance Minister Arun Jaitley said on Friday.
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Rajiv Gandhi Equity Savings Scheme (RGESS), under which tax benefits of up to Rs 25,000 for small investors in equities have been proposed to be phased out, seems to have had limited takers with more than 4,500 accounts having no investments at all.
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Social media platform Twitter today said it had recorded 7.2 lakh tweets with the hashtag #Budget2017 between January 30 and February 2.
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Finance Minister Arun Jaitley's focus on agriculture, rural employment and infrastructure in his Budget for 2017-18 shows Narendra Modi government's ability to balance growth with prudence, billionaire Gautam Adani said on Thursday.
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American industry bodies have lauded the Budget, saying Finance Minister Arun Jaitley has done an "admirable job" in creating a vision that will propel the domestic economy while remaining cognizant about foreign investors eying the Indian market.
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In a major relief to the salaried class, the Finance Minister Arun Jaitley while presenting the Budget 2017-18 in Parliament on Wednesday proposed to halve the tax rate for income between Rs 2.5 lakh and Rs 5 lakh to 5 percent.
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Know how Union Budget will benefit NPS subscribers.
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Here's how you can pay less tax this year following the FM's announcement.
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The Finance Minister Arun Jaitley while presenting the Budget 2017-18 in Parliament on Wednesday said that the scheme for profit linked income tax exemption for promoters of affordable housing will be broad based.
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Jaitley addressed Industry leaders at a post budget OPEN HOUSE Programme in New Delhi.
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Here are top 10 announcements made by the Finance Minister in his Budget speech.
Commenting on the budget presented by Finance Minister Arun Jaitley in Parliament today, Lord Paul, Chairman of the Caparo Group of Industries, said "Congratulations to Jaitley. It is a very good budget and it is growth-oriented".
National Commission for Women (NCW) Chairperson Lalitha Kumaramangalam today congratulated Finance Minister Arun Jaitley for the pro-women measures announced in the Union budget.
Auto industry Wednesday expressed disappointment over the lack of higher incentives for hybrid and electric vehicles, besides ignoring of suggestions for fleet modernisation scheme in the Budget.
Terming the budget as "overall, a well-balanced, pro-poor, pro-growth budget" Amber Dubey, Partner and Head (Aerospace and Defence) of KPMG in India said the announcement of select AAI airports in Tier 2 cities to be taken up for operation and maintenance in PPP mode is a development step.
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