Budget 2016

Below is a report on state of the metals industry by CRISIL Research

Budget 2017: FM proposes guaranteed pension product from LIC

The budget failed to offer anything in health insurance sector for senior citizens.

Budget 2016 to Budget 2017: Did last year‘s sops help affordable housing?

In the 2016-17 union budget, the government introduced several measures to boost affordable housing. Among the significant ones, it provided 100% tax exemption on profits, for developers building homes up to 30 sq meters &#82

Market saying book profits; drought big worry: Dimensions

Ajay Srivastava, CEO, Dimensions Consulting says there has not been much of fresh investments into Indian equities based on conviction about fundamentals. He expects March quarter earnings to be lacklustre, but says the market has already factored it in

From the horse's mouth: 5 reforms that will jumpstart infra

In order to gain a better understanding of what the government's infra plan is, CNBC-TV18 and Mint got together five bureaucrats who form the team that aims to upgrade the country's infra.

Budget 2016: Impact on finances

Watch the interview of Harsh Roongta, Personal Finance Expert with Surabhi Upadhyay on CNBC-TV18, in which he shared his readings and outlook on Budget 2016 and its impact on finances.

Rural push in Budget 2016 is just sound and fury: Chidambaram

Arun Jaitley may be getting pats on the back for sticking to stiff fiscal deficit targets, but former finance minister P Chidambaram is not impressed. It's not just the fiscal math that Chidambaram has a problem with, he says the big rural thrust sketched out in Budget 2016 is full of sound and fury, signifying nothing.

'Indian cos most optimistic globally for Apr-June hiring plans'

According to the Manpower Employment Outlook Survey released today by ManpowerGroup, employer confidence in India is stronger than in any of the other 41 countries and territories that participated in the survey.

Prime Property: Decoding Budget 2016

This week Prime Property decodes Budget 2016.

FM to respond on taxing of EPF withdrawals: Labour Minister

Labour Minister Bandaru Dattatreya said he is holding discussions on the controversial budget proposal to tax EPF withdrawals with the Finance Ministry and government will reveal final details on the issue during the debate on Budget.

Budget 2016 is transformational and balanced: EY

Mark Weinberger, Global Chairman & CEO at EY, is skeptical about the government's retrospective tax solution in the Budget.

COLUMN: Budget has something for everyone, but silent on GST

All taxable services will become dearer by 0.5 percent from 1 Jun 2016 and will now be liable at a cumulative rate of 15 percent.However, unlike Swachh Bharat Cess, credit of KKC will be available against KKC. Another new levy is the infrastructure Cess (non-creditable) ranging from 1 percent to 4 percent applicable on motor vehicles.

Govt has taken 'one step forward' on retro tax issue: Jaitley

In Budget 2016, he has made a one-time offer to firms facing tax liability on the retrospective tax front by way of waiver of interest and penalty if they pay up principal tax.

Budget 2016 can help India grow at 8%: Shaktikanta Das

Talking about the Krishi Kalyan Cess, which loosely put means an increase in service tax, Economics Affairs secretary Shaktikanta Das says it was done because the government needed more resources to spend on infrastructure

Banks will lower base rate by 40-60 bps from April 1

Government sources say banks are likely to lower base rate by 40-60 basis points from April 1. The banks will have to start adhering to the new base rate math from April 1

'Budget 2016 unveiled big focus on revival of rural demand'

Budget has unveiled a big focus on revival of rural demand through a carefully drafted focus on the agricultural sector that strives to increase agricultural productivity thereby paving the way for non-inflationary growth over medium term, says Soumya Kanti Ghosh, Chief Economic Adviser & GM, Economic Research Department, SBI.

Budget 2016: FM delivered fiscally prudent, growth oriented Budget: Tata AIA

According to Harshad Patil, CIO at Tata AIA Life, Finance Minister Arun Jaitley has done a fine balancing act by delivering a fiscally prudent and growth oriented budget. The budget attempts to kickstart the investment cycle through robust public capex spend.

No tax on PPF withdrawal; only interest to be taxed in EPF: Govt

Hasmukh Adhia also said that only the interest accrued on 60 percent contribution to Employee Provident Fund (EPF) after April 1, 2016 will be taxed while the principal amount will continue to remain exempted from tax.

Room for rate cut opens up after Budget 2016: India Ratings

According to Devendra Pant, Chief Economist, India Ratings & Research, the revenue expectation is highly optimistic and for the government to stay on the consolidation path, they will need to cut capital expenditure.

Unable to pass on the clean environment cess, says NBL Ind

The additional cess is likely to hit the company‘s operating profits by more than 5-6 percent said K Ravi, MD, NCL Industries.

Budget 2016 eBook: Cheer for farmers; peanuts for salaried

Moneycontrol has put together an ebook that compiles our incisive coverage on Budget Day, and packs in articles, features and views on the Budget and examines how it will impact the economy.

Budget 2016 India: Bullish on auto, cement, cap goods: ICICIdirect

According to ICICIdirect, Budget 2016-17 reflects the government‘s firm commitment to substantially boost investment in agriculture, social sector, infrastructure and employment generation, on the one hand, and sticking to the fiscal consolidation path, on the other.

Budget 2016 progressive, time appropriate: D R Dogra

According to D R Dogra MD & CEO - CARE Ratings, Union Budget for 2016-17 can be treated as being progressive and time appropriate having announced a raft of measures, policies and reforms catering to nearly all the sections of the economy.

Budget 2016: Good intent to keep up momentum of Make In India: Sunil Khanna

Sunil Khanna, President and Managing Director of Emerson Network Power India is of the view that the Government has tried to keep a healthy balance between inclusive growth and fiscal consolidation amidst global volatility and additional burden on account of the 7th pay commission, OROP.

Budget 2016 pragmatic & growth-oriented: Ashok Hinduja

According to Ashok P. Hinduja, Chairman, Hinduja Group of Companies (India), Budget is pragmatic and growth-oriented. The Government‘s commitment for retaining the fiscal deficit at 3.5 percent will have sobering effect on the interest rate in general and on the yields of government and corporate bonds in particular.