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  • Maharashtra to set up infrastructure SPV to raise Rs 1 lakh crore Mar 20, 2017 05:00 PM IST

    Maharashtra to set up infrastructure SPV to raise Rs 1 lakh crore

    Envisaging an investment of Rs 1 lakh crore in the next five years in the infrastructure sector, the Maharashtra government, on March 18, 2017, proposed to set up a special purpose vehicle (SPV) to &#82

  • Bengal‘s reduction in stamp duty may not drive sales: Colliers International Feb 14, 2017 02:00 PM IST

    Bengal‘s reduction in stamp duty may not drive sales: Colliers International

    In its 2017-18 budget, the West Bengal government has slashed the stamp levy to 2% from the prevailing 6%-7% and the registration fee to 1% from 1.1%. In order to avail the benefit of &#82

  • Now, shed lethargy in filing tax returns, say experts Feb 13, 2017 02:22 PM IST

    Now, shed lethargy in filing tax returns, say experts

    There are many with income above basic exemption limit who do not file returns even though it is mandatory. However, stiff penalties proposed to levied in Budget 2017 for late filing would ensure that taxpayers file their returns in time.

  • Infra status to affordable housing positive for low cost homes Feb 06, 2017 02:04 PM IST

    Infra status to affordable housing positive for low cost homes

    "Such action will allow developers to borrow at lower interest rates and provide tax exemptions to the construction industry that has witnessed a reduction in launches and sales these last few years," Moody's said in a statement.

  • Budget 2017: New diversified CPSE ETF coming soon; will it be worth the wait? Feb 03, 2017 03:33 PM IST

    Budget 2017: New diversified CPSE ETF coming soon; will it be worth the wait?

    A more diversified CPSE ETF should provide plenty of wealth creation and value unlocking opportunities for retail investors, experts say.

  • Union Budget 2017-18: 'Affordable housing positive for developers & banks' Feb 03, 2017 08:22 AM IST

    Union Budget 2017-18: 'Affordable housing positive for developers & banks'

    Affordable housing being given Infrastructure status is a welcome move and will help in the Housing to all by 2022 mission – it is a big and positive move for developers, banks and housing finance companies.

  • Budget 2017 to boost consumer demand in B2B & B2C market Feb 02, 2017 03:48 PM IST

    Budget 2017 to boost consumer demand in B2B & B2C market

    The Budget has a positive tone and is in the right direction. The focus on the infrastructure and manufacturing sector will benefit lubricant manufacturers, since we expect this to boost consumer demand in the B2B and B2C market segments.

  • Budget 2017 may encourage fresh inflows in debt: Avnish Jain Feb 02, 2017 03:16 PM IST

    Budget 2017 may encourage fresh inflows in debt: Avnish Jain

    The Union Budget has undertaken a fine balance between fiscal prudence and spending by slightly increasing the fiscal deficit target to 3.2 percent of GDP for FY18.

  • Budget sent positive signals to investors: Experts Feb 02, 2017 03:16 PM IST

    Budget sent positive signals to investors: Experts

    Along with experts interpreting the budget, Girija Pande, chairman of the Singapore-based Apex Avalon Consulting Pte Ltd, also applauded the decision to abolish Foreign Investment Promotion Board (FIPB), saying it had "long outlived its utility and was a hurdle to large foreign investments into India".

  • Budget 2017 is optimistic and realistic: Raghupati Singhania Feb 02, 2017 03:14 PM IST

    Budget 2017 is optimistic and realistic: Raghupati Singhania

    From a macro point of view, the Budget presented by the Finance Minister is a growth-oriented one with special focus on rural, agriculture and infra sectors.

  • Union Budget 2017-18: Revival of real estate needs continued support, says Emaar India Feb 02, 2017 03:01 PM IST

    Union Budget 2017-18: Revival of real estate needs continued support, says Emaar India

    The Budget presented today focusses on ramping up spending on infrastructure, provides the necessary impetus to Housing for All program and continues the structural reforms initiated couple of years ago.

  • Proposed political funding reforms 'inconsequential': ADR Feb 02, 2017 02:54 PM IST

    Proposed political funding reforms 'inconsequential': ADR

    Association for Democratic Reforms (ADR) keeps a close tab on elections as well as related topics, including on finances of political parties.

  • Union Budget 2017-18: Big infrastructure push a major takeaway, says Arun Lakhani Feb 02, 2017 02:51 PM IST

    Union Budget 2017-18: Big infrastructure push a major takeaway, says Arun Lakhani

    A big infrastructure push along with a substantial hike in provisions for the National Highways in the Union Budget for 2017-18 is a major takeaway and I congratulate the Finance Minister for the growth oriented approach.

  • Union Budget 2017-18: Sterlite Tech says Bharat Net push could help it diversify Feb 02, 2017 02:42 PM IST

    Union Budget 2017-18: Sterlite Tech says Bharat Net push could help it diversify

    Speaking to CNBC-TV18, Anupam Jindal, Chief Financial Officer of Sterlite Tech, said the company is exploring the possibility of not just supplying fibre optic cables for the project, but also laying them out.

  • Budget aims at fiscal improvement; debt a rating constrain: S&P Feb 02, 2017 02:42 PM IST

    Budget aims at fiscal improvement; debt a rating constrain: S&P

    Finance Minister Arun Jaitley presented the Budget for next fiscal in Parliament yesterday in which he planned to cut fiscal deficit to 3.2 percent and 3 percent of GDP for next financial year and 2018-19 respectively. The deficit in the current fiscal is estimated to be 3.5 percent of GDP.

  • Political parties must file ITR by Dec or lose exemption: Govt Feb 02, 2017 01:30 PM IST

    Political parties must file ITR by Dec or lose exemption: Govt

    It is also changing the law to keep the identity of the donor confidential who buys the just-introduced electoral bonds from banks to make such donations.

  • Budget 2017: Here's what industy experts have to say Feb 02, 2017 11:52 AM IST

    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.

  • Budget 2017 to drive growth in rural India: Monsanto India Feb 02, 2017 11:46 AM IST

    Budget 2017 to drive growth in rural India: Monsanto India

    The Union Budget 2017 has focused on India‘s agriculture sector and the country's farmers to drive growth in rural India while continuing to propel the nation‘s economic engine.

  • Budget 2017 strong on macro-economic intent: Govind Shrikhande Feb 02, 2017 11:44 AM IST

    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 economy is definitely applause-worthy.

  • FM presented a balanced Budget 2017-18, says Microsoft India Feb 02, 2017 09:20 AM IST

    FM presented a balanced Budget 2017-18, says Microsoft India

    According to Anant Maheshwari, President, Microsoft India, Finance Minister has presented a balanced Budget, underlined by the continued push to using technology to aid a digital economy.

  • Budget 2017 to bring positive structure to economy: Anil Sardana Feb 02, 2017 09:13 AM IST

    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 digitisation.

  • Union Budget 2017-18: Government is on fast track mode, says Gagan Banga Feb 02, 2017 09:07 AM IST

    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.

  • Culture Ministry's Budget hiked by over 10% Feb 02, 2017 09:04 AM IST

    Culture Ministry's Budget hiked by over 10%

    Of the total budget, Archaeological Survey of India would get Rs 924.37 crore while Rs 243.01 crore have been earmarked for centenaries and anniversaries of famous personalities, celebrations and schemes, according to the Budget presented by Finance Minister Arun Jaitley in Parliament .

  • Budget allocation to Water Resources Ministry hiked by 11% Feb 02, 2017 09:02 AM IST

    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.

  • Union Budget 2017-18: Govt proposes incentive schemes for electronics sector Feb 02, 2017 08:34 AM IST

    Union Budget 2017-18: Govt proposes incentive schemes for electronics sector

    MSIPS provides subsidy for capital expenditure - 20 percent for investments in special economic zones (SEZs) and 25 percent in non-SEZs.

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