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  • Union Budget 2017-18: Cautious with focus on affordable housing: Sunil Mishra Feb 01, 2017 04:24 PM IST

    Union Budget 2017-18: Cautious with focus on affordable housing: Sunil Mishra

    According to Sunil Mishra, Chief Strategy Officer at PropTiger.com, Union Budget 2017 has been cautious while the standalone sector being the real estate.

  • Union Budget 2017-18: Budget to have positive impact on job market, says Experts Feb 01, 2017 04:24 PM IST

    Union Budget 2017-18: Budget to have positive impact on job market, says Experts

    The budget is expected to bring positive impact on job market as the focus on infrastructure and ease of doing business is aligned with the government's vision of job creation, experts say.

  • Union Budget 2017-18: Budget follows PM's vision of 'Sabka Saath Sabka Vikas': Raman Feb 01, 2017 04:20 PM IST

    Union Budget 2017-18: Budget follows PM's vision of 'Sabka Saath Sabka Vikas': Raman

    Chhattisgarh Chief Minister Raman Singh praised the Union Budget presented today in Parliament, saying it is in accordance with Prime Minister Narendra Modi's vision of 'Sabke Saath Sabka Vikas'.

  • Union Budget 2017-18: Analysts hail tax certainty in Budget, rue high corp tax rates Feb 01, 2017 04:20 PM IST

    Union Budget 2017-18: Analysts hail tax certainty in Budget, rue high corp tax rates

    Analysts and market experts have welcomed the tax proposals in the Budget saying the slew of pro-business measures along with more inclusive taxation for individuals and small firms, will go a long way in boosting consumption which in turn will help the economy grow faster.

  • Union Budget 2017-18: Pol parties can now receive cash donations of only Rs 2000 Feb 01, 2017 04:20 PM IST

    Union Budget 2017-18: Pol parties can now receive cash donations of only Rs 2000

    Henceforth, political parties can receive only up to Rs 2000 in cash donations per source as part of a major move proposed in the Budget to cleanse the electoral system of black money.

  • Union Budget 2017-18: Why these experts feel the Budget won't stimulate the economy Feb 01, 2017 04:16 PM IST

    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.

  • Budget 2017: Fiscal deviation needed to push development, says Finance Secy Feb 01, 2017 04:04 PM IST

    Budget 2017: Fiscal deviation needed to push development, says Finance Secy

    CNBC-TV18‘s Sapna Das spoke to Secretary of Finance, Ashok Lavasa wherein he gave the reason for the deviation in the fiscal number to 3.2%.

  • Budget will usher in new era of progres: Amit Shah Feb 01, 2017 04:02 PM IST

    Budget will usher in new era of progres: Amit Shah

    Despite its sops for various sections of society, the Budget seeks to keep fiscal deficit to 3.2 per cent which is laudable, he said, praising Prime Minister Narendra Modi and Finance Minister Arun Jaitley.

  • Budget fails to meet laid objective of better India: BMS Feb 01, 2017 04:02 PM IST

    Budget fails to meet laid objective of better India: BMS

    "Budget presented by the finance minister for the year 2017-2018 looks failed to address the objective of Budget as declared by finance minister," BMS said in statement after the Budget, presented in Parliament by Finance Minister Arun Jaitley.

  • Union Budget 2017-18: Mahindra says Budget signals new mindset of govt Feb 01, 2017 03:38 PM IST

    Union Budget 2017-18: Mahindra says Budget signals new mindset of govt

    Industrialist Anand Mahindra today welcomed the Budget proposals on cleaning-up political funding and abolition of the FIPB as "big signals" of the government's mindset illustrating its determination to shed legacy and step firmly into the future.

  • Budget is growth oriented, adheres to fiscal prudence: Prabhu Feb 01, 2017 03:36 PM IST

    Budget is growth oriented, adheres to fiscal prudence: Prabhu

    A new era has begun by not only adhering to fiscal prudence but also bringing social equity at the same time, Prabhu said after the presentation of the General Budget by Finance Minister Arun Jaitley.

  • ITC hits record high after lower-than-expected excise duty hike Feb 01, 2017 03:29 PM IST

    ITC hits record high after lower-than-expected excise duty hike

    Cigarette major ITC shares hit record high of Rs 269.50, up 4.5 percent intraday Wednesday as excise duty hike was within the analysts' expectations limit.

  • Union Budget 2017-18: Ban on cash tran over Rs 3 lakh good, says SIT on black money Feb 01, 2017 03:26 PM IST

    Union Budget 2017-18: Ban on cash tran over Rs 3 lakh good, says SIT on black money

    The Chairman of the Special Investigation Team (SIT) on black money, Justice (retd) M B Shah said in order to check stash funds some "stern steps" are needed to be taken but the government also has to go by the advice of economists and others and not alone them.

  • Budget 2017: Subsidy bill up over 3% at Rs 2.4 lakh cr in 2017-18 Feb 01, 2017 03:26 PM IST

    Budget 2017: Subsidy bill up over 3% at Rs 2.4 lakh cr in 2017-18

    The subsidy bill on food, petroleum and fertilisers is estimated at Rs 2,40,338.6 crore for 2017-18 fiscal, according to the Budget proposals presented by Finance Minister Arun Jaitley in Parliament.

  • Union Budget 2017-18: Govt to phase out tax sops on Rajiv Gandhi Equity Scheme Feb 01, 2017 03:26 PM IST

    Union Budget 2017-18: Govt to phase out tax sops on Rajiv Gandhi Equity Scheme

    Noting that "limited number of individuals availed this deduction", the Union Budget 2017-18 today proposed to rationalise this tax benefit introduced in Finance Act, 2012 and phase it out from assessment year 2018-19.

  • Union Budget 2017-18: Experts hail infrastructure status to affordable housing Feb 01, 2017 03:20 PM IST

    Union Budget 2017-18: Experts hail infrastructure status to affordable housing

    Hailing the government's decision to grant infrastructure status to affordable housing segment, experts believe it will provide ample push for the sector as developers will now be able to get access to preferential and lower borrowing rates from banks.

  • Union Budget 2017-18: Online mechanism for mkt intermediaries registration: Jaitley Feb 01, 2017 03:20 PM IST

    Union Budget 2017-18: Online mechanism for mkt intermediaries registration: Jaitley

    To improve ease of doing business, government today announced a paperless online mechanism for registration as brokerage firms, MFs, portfolio managers and other market intermediaries and linking demat accounts with Aadhaar.

  • Budget 2017: FM announces measures in budget to give relief to startups Feb 01, 2017 03:20 PM IST

    Budget 2017: FM announces measures in budget to give relief to startups

    In a relief to start-ups, Finance Minister Arun Jaitley today proposed extending the time period for availing tax benefit for three years in the first seven years of existence.

  • Budget 2017: Disinvestment target at Rs 72,500cr; 3 Rail PSUs to be listed Feb 01, 2017 03:20 PM IST

    Budget 2017: Disinvestment target at Rs 72,500cr; 3 Rail PSUs to be listed

    Government today said it will raise Rs 72,500 crore through disinvestment of PSUs, including listing of three railway PSUs IRCTC, IRFC and IRCON, and proposed merger and consolidation to create globally competitive public sector units.

  • Budget 2017: Investments on infra to cut logistics costs: FIEO Feb 01, 2017 03:20 PM IST

    Budget 2017: Investments on infra to cut logistics costs: FIEO

    Exporters body FIEO today said investments announced in the Budget on infrastructure, including road, railways and aviation, would help in improving competitiveness and reduce the logistics costs of traders.

  • Budget unveils tax incentive for building Andhra capital Feb 01, 2017 03:20 PM IST

    Budget unveils tax incentive for building Andhra capital

    "The new capital for state of Andhra Pradesh is being constructed by innovative land-pooling mechanism without use of the Land Acquisition Act. I propose to exempt from capital gain tax," Jaitley said while tabling the Union Budget for 2017-18 in the Lok Sabha.

  • Union Budget 2017-18: Income tax for small firms slashed to 25% Feb 01, 2017 03:18 PM IST

    Union Budget 2017-18: Income tax for small firms slashed to 25%

    Unveiling the Budgetary proposals for 2017-18, Jaitley said: "As per the data of assessment year 2015-16, there are 6.94 lakh companies filing returns, out of which 6.67 lakh companies fall in this category. Therefore percentage wise, the 96 per cent companies will get the benefit of this lower taxation".

  • Union Budget 2017-18: Cigarettes, tobacco products to turn dearer Feb 01, 2017 03:16 PM IST

    Union Budget 2017-18: Cigarettes, tobacco products to turn dearer

    Smokers and tobacco consumers will have to shell out more for their indulgence as Finance Minister Arun Jaitley continued with the crackdown on cigarettes and tobacco products by increasing taxes in the Budget for 2017-18.

  • Union Budget 2017 positive for real estate, infra: CBRE Feb 01, 2017 03:06 PM IST

    Union Budget 2017 positive for real estate, infra: CBRE

    While greater rebates were expected in individual tax rates, nonetheless the rebate for individuals earning upto 5 lakh will help increase their disposable incomes, says Anshuman Magazine, Chairman – India and South East Asia CBRE.

  • Union Budget 2017-18: A step closer to provide housing for all, says Brotin Banerjee Feb 01, 2017 03:06 PM IST

    Union Budget 2017-18: A step closer to provide housing for all, says Brotin Banerjee

    According to Brotin Banerjee, MD & CEO at Tata Housing, infrastructure status to affordable housing comes as a landmark announcement for the consumers and the real estate industry. A long-standing demand of the sector, the government has realised that housing & infrastructure can be two pillars to increase GDP and accelerate economic growth.

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