Key highlights include the reduction of GST on fortified rice kernels to 5%, full exemption for gene therapy, and the extension of IGST exemption on surface-to-air missiles.
Strap: Budget expectations: Find out what young startups want from Finance Minister Nirmala Sitharaman at the budget next week.
The big pending agenda is the removal of exemptions both on the personal income tax side and the corporate side, Bibek Debroy says.
Experts say move may prove counterproductive to housing demand.
A steady increase in the impact of exemptions on tax revenue is a good enough reason to wean people from tax sops
There are several benefits to buying a property in a woman‘s name, either as the sole owner or as a joint owner, with governments and banks offering several sops. “Aspiring home buyers can seek R
Account for the penal interest as per the provisions of the law and pay your dues as soon as possible to minimise the burden.
Union Budget 2016 should offer more tax incentives for home loans, mutual funds and NPS
One may be a participant belonging to any industry but eventually we are all stake holders in the same economy. If the Indian economy grows faster there will be multiple tailwinds to every sector.
India has immense potential as an insurance market. But it needs some serious support from the government if that potential is to be achieved, starting with more tax incentives for buying personal insurance policies. That's the crux of the insurance sector's wish list for Budget 2016.
With preparations for the next Union Budget picking up pace, the Finance Ministry has invited suggestions from trade and industry for changes in tax rates and broadening of base.
Ramalingam K of holisticinvestment.in discusses the possibilities of saving more tax if a Hindu Undivided Family (HUF) is created. However, he also discusses the cons of having this sort of a business setup.
Sandeep Bhatia from Kotak Institutional Equities expects the Finance Minister to announce higher tax rates and a cut in tax exemption along with a 4.7% fiscal deficit for the FY13.
To encourage and stimulate the domestic industry and promoting locally designed products, there is a need for tax exemptions and R&D grants.
Here is a comprehensive list of demands from the world's fastest growing market- India Telecom. Will Budget 2012 connect with their wants?
Battered by repeated rate hikes, which have meant a fall in sales, and a higher cost of funds, real estate players are asking that Budget 2012 contain measures to revive demand and rationalise taxes.
As many as 33 developers surrendered their special economic zone (SEZ) projects between December, 2008, and July, 2011, Parliament was informed today.
Sunil Kanojia, Group President, Sintex in an interview with CNBC-TV18 said that Q1 was a good quarter for the company, it was in line with expectations.
The thrust on infrastructure sector can be seen in the budget but is not strong enough to really accelerate the growth in manufacturing as envisaged.
The 2011 Budget raises many hopes and ideas but is not clear about how it is going to achieve stated objectives like replacing subsidies with cash or ensuring further fiscal consolidation without another spectrum bonanza.
Pranab Mukherjee’s 2011 Union Budget is all smoke and mirrors. It appears to be very friendly, but it is more an exercise in hiding what he cannot do. It’s about minor reliefs, not major reforms