Budget 2017 news
Nitin Gadkari. Watch the full segment for more details.
PM Modi. Watch the full segment for more details.
Chanda Kochhar, ICICI Bank. Watch the full segment for more details.
With railways plagued by repeated derailments, government on Wednesday proposed setting up of a special safety fund of Rs 1 lakh crore that will cover upgradation of tracks and signalling besides elimination of unmanned level crossings.
Taking a stance of 'no news is good news' jewellers today hailed the Union Budget, saying the focus on digitalisation is going to give an impetus to the sector and drive consumption.
After much speculation whether the Union Budget will be presented today after the sudden demise of parliamentarian E Ahamed, the cat is finally out of the bag.
The infra industry has hailed the added focus the sector has received in the Budget, saying the proposals will give a big boost to this key growth driver.
Although no major reforms were announced, plans to amend Drugs and Cosmetics Rules, formulate new norms for medical devices and taking steps for strengthening medical education will reduce healthcare cost for the masses, industry players on Wednesday said.
The budget is expected to bring positive impact on job market as the focus on infrastructure and ease of doing business is aligned with the government's vision of job creation.
Hailing the government's decision to grant infrastructure status to affordable housing segment, experts believe it will provide ample push for the sector as developers will now be able to get access to preferential and lower borrowing rates from banks.
The government has waived basic custom duty on nickel -- a key steel making raw material -- in a major relief to the steel industry which is facing tough times.
In a relief to start-ups, Finance Minister Arun Jaitley on Wednesday proposed extending the time period for availing tax benefit for three years in the first seven years of existence.
Finance Minister Arun Jaitley on Wednesday reduced the income tax for small companies with annual turnover of up to Rs 50 crore to 25 percent with a view to making MSME companies more viable and encouraging firms to migrate to company format.
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