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Budget News

  • Union Budget 2017-2018 Review: Aditya Birla Money

    Union Budget 2017-2018 Review: Aditya Birla Money  

    Budget took a small pause on fiscal consolidation by targeting fiscal deficit @ 3.2% for FY18, 20bps higher than planned in the government’s medium term fiscal consolidation program. The lower reduction in fiscal deficit is to s...

    02 Feb 2017, 12.56 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Motilal Oswal

    Union Budget 2017-2018 Review: Motilal Oswal  

    The government pegs FY18 fiscal deficit target at 3.2% of GDP, lower than 3.5% for FY17, but slightly higher than the self-committed target of 3% of GDP. Since primary deficit and debt-to-GDP ratio are likely to narrow next year, ...

    02 Feb 2017, 12.56 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Nirmal Bang

    Union Budget 2017-2018 Review: Nirmal Bang  

    Finance Minister has presented half budget for FY17-18 which will be followed by major changes in Indirect Tax law with GST getting implemented from 1st July 2017. Hence, FM has tweaked indirect tax marginally.

    02 Feb 2017, 12.56 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: CARE Ratings

    Union Budget 2017-2018 Review: CARE Ratings  

    India’s Economic performance in 2016-17, in the backdrop of significant developments and disturbances in the global and domestic economic environment has moderated as highlighted in the Economic Survey.

    02 Feb 2017, 12.55 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: KR Choksey

    Union Budget 2017-2018 Review: KR Choksey  

    Finance Minister Mr. Arun Jaitley in his budget 2017 speech addressed the governments mission to bring a transformative shift to the governance landscape of our country. The government has moved from a discretionary administration...

    02 Feb 2017, 12.55 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: HDFC Securities

    Union Budget 2017-2018 Review: HDFC Securities  

    Good, even if not inspiring Mr Jaitley has yet again delivered an elaborate and meticulous Budget, mostly within stated policies. It laboured more than it inspired. India still awaits a transformative and inspiring follow-through...

    02 Feb 2017, 12.55 pm  |  Source: Moneycontrol.com

  • Union Budget 2017-2018 Review: Edelweiss

    Union Budget 2017-2018 Review: Edelweiss  

    The Union Budget FY17-18 presents a credible fiscal math, with predominant focus on continued fiscal consolidation and preserving macro-economic stability.

    02 Feb 2017, 12.55 pm  |  Source: Moneycontrol.com

  • Budget 2017 brings rural aspirations to centre stage: NABARD

    Budget 2017 brings rural aspirations to centre stage: NABARD  

    Finance Minister Arun Jaitley's Budget 2017 speech was fairly well-focused on providing an impetus to the rural India. Proposals for farm and dairy sector will only add to increasing income potential of rural India, said NABARD Ch...

    02 Feb 2017, 12.44 pm  |  Source: Moneycontrol.com

  • Merger of oil cos a tough task, but has its merits: HPCL

    Merger of oil cos a tough task, but has its merits: HPCL   

    Merging all the oil companies into one entity looks difficult even though it has financial benefits, says HPCL’s Chairman and Managing Director, MK Surana, commenting on the Finance Minister Arun Jaitley’s Budget proposal to m...

    02 Feb 2017, 12.35 pm  |  Source: CNBC-TV18

  • Budget 2017: Here`s what industy experts have to say

    Budget 2017: Here's what industy experts have to say  

    Since Government’s emphasis on defence preparedness has been the Central theme, we would have been happy if some incentives by way of tax exemption or deferment on loan payments would have been announced for domestic industry.

    02 Feb 2017, 12.35 pm  |  Source: Moneycontrol.com

  • Budget 2017: Infrastructure status to drive real estate sector

    Budget 2017: Infrastructure status to drive real estate sector  

    Finance Minister Arun Jaitley made a landmark announcement of granting infrastructure status to affordable housing. This is a welcome move for both the consumer and the real estate industry. Housing and infrastructure, we believe ...

    02 Feb 2017, 12.17 pm  |  Source: Moneycontrol.com

  • Budget 2017: Targeted tax cuts good economics, even better politics (Comment)

    Budget 2017: Targeted tax cuts good economics, even better politics (Comment)  

    The Finance Minister added that there was a “legitimate expectation” post demonetisation that the tax burden on honest individuals be lowered and if the nominal tax rate is lower for the lowest slab, more people would prefer t...

    02 Feb 2017, 12.10 pm  |  Source: Moneycontrol.com

  • Railways to eliminate all unmanned LC by 2020

    Railways to eliminate all unmanned LC by 2020  

    Railways will implement end-to-end integrated transport solutions for selected commodities through partnership with logistics, who will provide both front and back-end connectivity. Rolling stock and practices are to be customized...

    02 Feb 2017, 12.00 pm  |  Source: PTI

  • Budget 2017 strong on macro-economic intent: Govind Shrikhande

    Budget 2017 strong on macro-economic intent: Govind Shrikhande  

    In line with the PM’s vision to dismantle bureaucracy, the FM’s announcement to abolish the FIPB and further liberalize the FDI policy deserves a round of cheer! The government’s continuous focus to bolster the digital econo...

    02 Feb 2017, 11.44 am  |  Source: Moneycontrol.com

  • Budget 2017: A round up what industry leaders said about Jaitley`s speech

    Budget 2017: A round up what industry leaders said about Jaitley's speech  

    The Union Budget largely received a positive response from experts across the industry. Here's a round up of what they had to say.

    02 Feb 2017, 11.39 am  |  Source: Moneycontrol.com

  • Budget 2017: Game over for defaulters like Mallya? Govt plans tougher laws

    Budget 2017: Game over for defaulters like Mallya? Govt plans tougher laws  

    More trouble could be in store for Kingfisher Airlines promoter Vijay Mallya as Finance Minister Arun Jaitley looks at legislative changes to bring to book loan defaulters absconding the country.

    02 Feb 2017, 11.28 am  |  Source: Moneycontrol.com

  • Budget 2017: Lost opportunity for life sciences sector in India

    Budget 2017: Lost opportunity for life sciences sector in India  

    No major reforms on the tax and regulatory front was announced in the Lifesciences sector.

    02 Feb 2017, 11.14 am  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Government is on fast track mode, says Gagan Banga

    Union Budget 2017-18: Government is on fast track mode, says Gagan Banga  

    Gagan Banga, Vice Chairman and Managing Director, Indiabulls Housing Finance is of the view that the Government is on a fast track mode - building a sustainable ecosystem for both developers and home buyers.

    02 Feb 2017, 11.06 am  |  Source: Moneycontrol.com

  • Budget 2017 to bring positive structure to economy: Anil Sardana

    Budget 2017 to bring positive structure to economy: Anil Sardana  

    Anil Sardana, MD & CEO, Tata Power is of the view that the efforts that the government has undertaken to bring a positive structure into the economy by moving towards a policy based administration with an increased focus on digiti...

    02 Feb 2017, 11.06 am  |  Source: Moneycontrol.com

  • Budget allocation to Water Resources Ministry hiked by 11%

    Budget allocation to Water Resources Ministry hiked by 11%  

    The Finance Ministry has increased allocation for its ambitious Namami Gange programme from Rs 2150 crore for the on-going fiscal to Rs 2250 crore for next financial year, according to the Water Resources Ministry.

    02 Feb 2017, 11.06 am  |  Source: PTI

  • Budget extends window for startups to avail tax benefits

    Budget extends window for startups to avail tax benefits  

    Besides, Jaitley has proposed to reduce the income tax for smaller companies with annual turnover up to Rs 50 crore to 25 per cent, in order to make micro, small and medium enterprises (MSMEs) more viable and also to encourage fir...

    02 Feb 2017, 11.06 am  |  Source: PTI

  • Union Budget 2017-18: Fiscal prudence has prevailed over populism says Sonu Iyer

    Union Budget 2017-18: Fiscal prudence has prevailed over populism says Sonu Iyer  

    The FM's statement that GST implementation is tectonic and epoch, with limited indirect tax changes and no change in service tax rate underlines their resolve to implement GST in 2017.

    02 Feb 2017, 11.06 am  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Rs 2.4 lakh cr for transport infra; AAI land to be monetised

    Union Budget 2017-18: Rs 2.4 lakh cr for transport infra; AAI land to be monetised  

    Touching a possible hot potato in his Budget, Finance Minister Arun Jaitley said the Airport Authority Act will be amended to monetise its land. The resources, so raised, will be used for airport upgradation.

    02 Feb 2017, 11.06 am  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Govt to levy 10% concessional tax on income from carbon credit

    Union Budget 2017-18: Govt to levy 10% concessional tax on income from carbon credit  

    Income-tax Department has been treating the income on transfer of carbon credits as business income which is subject to tax at the rate of 30 percent.

    02 Feb 2017, 11.06 am  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Affordable housing push to boost cement, steel demand: Kochhar

    Union Budget 2017-18: Affordable housing push to boost cement, steel demand: Kochhar   

    Budget 2017 has achieved balance between focus on investment & fiscal prudence, said Chanda Kochhar, MD and CEO of ICICI Bank.

    02 Feb 2017, 11.06 am  |  Source: CNBC-TV18

  • Budget 2017: A midpoint Budget that`s a report card, roadmap & rejig(Comment)

    Budget 2017: A midpoint Budget that's a report card, roadmap & rejig(Comment)  

    Arun Jaitley’s Budget on Wednesday was all of those things, coming as it did 31 months into the NDA’s term (it’s a different matter that a second stint is very much on the table if PM Narendra Modi’s personal ratings are t...

    02 Feb 2017, 11.05 am  |  Source: Moneycontrol.com

  • Buzzing stocks: Top gainers and losers on Budget day

    Buzzing stocks: Top gainers and losers on Budget day  

    Lots of stocks from auto, FMCG, housing, banks to infra sectors participated in today's relief rally led by Union Budget 2017 but technology stocks (TCS down 2.7 percent and Infosys down 1.4 percent) continued to get butchered due...

    02 Feb 2017, 11.05 am  |  Source: Moneycontrol.com

  • Budget 2017: Jaitley gives spending a push without busting fiscal bounds

    Budget 2017: Jaitley gives spending a push without busting fiscal bounds  

    Compared to guarded moves of the past, Jaitley used his fourth budget to launch policy changes including modifying India’s political funding structure, but did not overhaul the corporate or individual income tax system as was wi...

    02 Feb 2017, 11.05 am  |  Source: Moneycontrol.com

  • Budget 2017: End of dirty money in polls? Jaitley sets stage for reforms

    Budget 2017: End of dirty money in polls? Jaitley sets stage for reforms  

    Elections in India has largely been a game of cash, with parties spending on through cash for a variety of purposes including renting a chair for a public meeting that comes for Rs 10 a day, festoons for Rs 600 apiece and helicopt...

    02 Feb 2017, 11.05 am  |  Source: Moneycontrol.com

  • Union Budget 2017-18: Why these experts feel the Budget won`t stimulate the economy

    Union Budget 2017-18: Why these experts feel the Budget won't stimulate the economy  

    Meaningful recovery in consumption unlikely as FM focuses targets spends towards rural poor.

    02 Feb 2017, 11.05 am  |  Source: Moneycontrol.com

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