172@29@17@103!~!172@29@0@53!~!|news|tags|union-budget-2017.html|page-3|!~!news|moneycontrol|com!~!|controller|tag.php!~!is_mobile=false
union budget 2017
Jump to
191 Results Found
  • Govt halves revenue estimate from telecom to Rs 44,300 cr Feb 01, 2017 06:02 PM IST

    Govt halves revenue estimate from telecom to Rs 44,300 cr

    In the receipt estimates, the government has pegged revenue from communications at Rs 44,342.2 crore, which includes "licence fees from Telecom Services Providers" and "one time entry fees from new operators".

  • Lalu trashes Budget, questions rationale of Railway minister Feb 01, 2017 06:02 PM IST

    Lalu trashes Budget, questions rationale of Railway minister

    "The Union Budget presented today is bereft of any substance for any section of the society," Prasad told reporters reacting on the budget for 2017-18 presented in Parliament by Union Finance Minister Arun Jaitley.

  • Budget will strengthen economy from grass roots: India Inc Feb 01, 2017 06:02 PM IST

    Budget will strengthen economy from grass roots: India Inc

    "Overall a safe and balanced Budget, which could have been bolder. Good allocations for rural development, affordable housing, agriculture and infrastructure sectors.

  • Union Budget 2017-18: Govt bets on wider tax base for its spending push, says Expert Feb 01, 2017 05:59 PM IST

    Union Budget 2017-18: Govt bets on wider tax base for its spending push, says Expert

    The government is giving a push to spending but from where will the funds come from, wonders R Shankar Raman of L&T. He also said, the government is betting big on wider tax base as one of the funding mechanisms.

  • Budget 2017: Jaitley spins a googly with electoral bonds; know all about it Feb 01, 2017 05:38 PM IST

    Budget 2017: Jaitley spins a googly with electoral bonds; know all about it

    A bond is a debt security, similar to an IOU. Borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When you buy a bond, you are lending to the issuer, which may be a government, municipality, or corporation.

  • Startups hail corporate tax cuts but say MAT still a concern Feb 01, 2017 05:26 PM IST

    Startups hail corporate tax cuts but say MAT still a concern

    While the industry expected exemption from Minimum Alternate Tax (MAT), it has accepted the provision to allow MAT credit to be carried forward from 10 years to 15 years as a positive step forward.

  • Defence Budget up over 6.2% at Rs 2.74 lakh cr in 2017-18 Feb 01, 2017 05:26 PM IST

    Defence Budget up over 6.2% at Rs 2.74 lakh cr in 2017-18

    The capital outlay for the three defence services for the purchase of new equipment, weapons, aircraft, warships and other military vehicles stood at Rs 86,488 crore for 2016-17 as compared to Rs 78,586 crore for this fiscal.

  • Budget 2017: Should you save more or spend more? Feb 01, 2017 05:17 PM IST

    Budget 2017: Should you save more or spend more?

    In an interview to CNBC-TV18‘s Surabhi Upadhyay, Sanjay Tolia, Partner Tax at PwC, Samir Kanabar, Partner at EY, Feroze Azeez, Deputy CEO, Anand Rathi Private Wealth and Nitin Jain, CEO, Global Asset Management at Edelweiss shared their views on what does this Budget mean for your personal wealth, taxes and your life as a common citizen of India.

  • Trade, industry terms Budget as growth oriented Feb 01, 2017 05:16 PM IST

    Trade, industry terms Budget as growth oriented

    Almost all the associations and bodies representing commerce and industry welcomed the introduction of Trade Infrastructure Export Scheme with an allocation of Rs 3.96 lakh crore, which will help the Indian exporters to become globally competitive.

  • Budget gives a big leg-up to infrastructure industry: Experts Feb 01, 2017 05:16 PM IST

    Budget gives a big leg-up to infrastructure industry: Experts

    The Budget has allocated Rs 3.96 trillion to infra sector to spur economic activities and create more jobs and has also accorded infrastructure status to affordable housing projects which will give lot of tax incentives to the players.

  • Govt to reduce time for revising tax return to 12 months Feb 01, 2017 05:16 PM IST

    Govt to reduce time for revising tax return to 12 months

    The Minister also proposed to reduce the time for completion of scrutiny assessments from 21 months to 18 months for Assessment Year 2018-19 and further to 12 months for Assessment Year 2019-20 and thereafter.

  • Budget allocation of AYUSH Ministry hiked by 8% Feb 01, 2017 05:02 PM IST

    Budget allocation of AYUSH Ministry hiked by 8%

    In the Union Budget for the fiscal 2017-18 announced by Finance Minister Arun Jaitley today, Ayush Ministry has been allocated Rs 1,428.65 crore for the financial year, starting April 1 this year.

  • Budget 'transformational', will benefit poor: Ministers Feb 01, 2017 05:02 PM IST

    Budget 'transformational', will benefit poor: Ministers

    The ministers also lauded Finance Minister Arun Jaitley for offering "many" concessions to honest tax payers, while tightening the noose around those evading taxes and fleeing the country.

  • Market men heave sigh of relief as capital gains tax untouched Feb 01, 2017 05:02 PM IST

    Market men heave sigh of relief as capital gains tax untouched

    "No bad news on long term capital gains tax is relief for equity investors. Overall, Union Budget is positive for economy in general and equity markets in particular," said Sharekhan research head Gaurav Dua.

  • Budget 'safe and balanced' but could have been bolder: Biocon Feb 01, 2017 04:54 PM IST

    Budget 'safe and balanced' but could have been bolder: Biocon

    Noting that the Finance Minister has shown fiscal prudence by keeping the Fiscal deficit target at 3.2 percent, she has rated the budget "overall a 7/10".

  • Khattar hails budget as reformist measure, pro-farmer Feb 01, 2017 04:54 PM IST

    Khattar hails budget as reformist measure, pro-farmer

    Reacting to the proposals in the Budget presented by Finance Minister Arun Jaitley today, he praised the Centre's move to bring "much-needed" reforms in political funding by making political parties file income tax returns, and lowering the maximum cash donation received by any party from one source to only Rs 2,000 from Rs 20,000.

  • Fiscally prudent Budget 2017-18, says Dinanath Dubhashi Feb 01, 2017 04:53 PM IST

    Fiscally prudent Budget 2017-18, says Dinanath Dubhashi

    Dinanath Dubhashi, Managing Director, L&T Financial Services is of the view that it‘s a fiscally prudent Budget despite being "expansionary" in right directions.

  • Jewellers say Budget will boost sector, drive consumption Feb 01, 2017 04:52 PM IST

    Jewellers say Budget will boost sector, drive consumption

    "Focus on farmers, infrastructure and digital economy will create transparency and will have an overall positive sentiment in the market," PNG Jewellers Chairman and Managing Director and India Bullion and Jewellers Association (IBJA) Saurabh Gadgil told PTI here.

  • Union Budget 2017-18: Budget brings lower indirect levies for clean energy equipment Feb 01, 2017 04:44 PM IST

    Union Budget 2017-18: Budget brings lower indirect levies for clean energy equipment

    Giving a boost to clean energy programme, Finance Minister Arun Jaitley today proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development for 20 GW capacity.

  • Union Budget 2017-18: Masala bonds to get more tax benefits Feb 01, 2017 04:44 PM IST

    Union Budget 2017-18: Masala bonds to get more tax benefits

    Rupee-denominated offshore bonds, popularly known as masala bonds, today got a tax benefit boost with the Union Budget exempting them from taxation for transfer among non-residents, while a low rate of 5 percent will apply for investors till 2020.

  • Union Budget 2017-18: Govt raises farm credit target; funds for irrigation & dairy Feb 01, 2017 04:40 PM IST

    Union Budget 2017-18: Govt raises farm credit target; funds for irrigation & dairy

    Aiming to double farmers' income by 2022, the government today increased agri-credit target by 11 percent to Rs 10 lakh crore for next fiscal and announced two dedicated funds with a corpus of Rs 13,000 crore to promote micro irrigation and dairy processing.

  • Nabard hails higher fund allocation for irrigation, dairy Feb 01, 2017 04:40 PM IST

    Nabard hails higher fund allocation for irrigation, dairy

    "The Budget focuses a lot on the rural and agriculture sector. Though the thrust on digital continues, reforms announced in the Budget will generate employment and help in doubling farmers income," chairman Harsh Kumar Bhanwala told PTI.

  • Healthcare costs to become more affordable, say industrialists Feb 01, 2017 04:40 PM IST

    Healthcare costs to become more affordable, say industrialists

    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 today said.

  • Union Budget 2017-18: Favourable proposals for oil & gas sector, says K Ravichandran Feb 01, 2017 04:35 PM IST

    Union Budget 2017-18: Favourable proposals for oil & gas sector, says K Ravichandran

    K Ravichandran, Group Head, Corporate Sector ratings at ICRA is of the view that Union Budget has several favourable proposals for the oil & gas sector such as creation of two more strategic oil reserve projects, reduction in basic customs duty (BCD) on LNG from 5 percent to 2.5 percent and creation of an integrated oil PSU major.

  • Budget allocation to WCD hiked by 20% Feb 01, 2017 04:34 PM IST

    Budget allocation to WCD hiked by 20%

    The amount budgeted for 'Indira Gandhi Matritva Sahyog Yojana' saw a four times jump with Rs 2,700 crore being set aside this year as compared to Rs 634 crore in 2016-17. As per this scheme Rs 6,000 will be provided for mothers who seek institutionalised delivery and vaccination.

Sections