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  • PM Modi terms Budget as 'futuristic' Feb 01, 2017 03:00 PM IST

    PM Modi terms Budget as 'futuristic'

    "This is a Budget for the future - for farmers, underprivileged, transparency, urban rejuvenation, rural development, enterprise," Modi said while commenting on the document presented by Finance Minister Arun Jaitley in the Lok Sabha.

  • Union Budget 2017-18: FM says MAT removal not practical, ups carry-forward to 15 years Feb 01, 2017 02:50 PM IST

    Union Budget 2017-18: FM says MAT removal not practical, ups carry-forward to 15 years

    Minimum Alternate Tax is at present levied as an advance tax.

  • Budget softens demonetisation blow Feb 01, 2017 02:46 PM IST

    Budget softens demonetisation blow

    Breaking from the past, Finance Minister Arun Jaitley presented a historic Budget in which the railway budget has been merged and the date advanced by a month, retaining the 15 percent surcharge on taxable income above Rs 1 crore.

  • Union Budget 2017-18: Govt to launch new scheme to fund export infrastructure Feb 01, 2017 02:46 PM IST

    Union Budget 2017-18: Govt to launch new scheme to fund export infrastructure

    "A new and restructured central scheme with a focus on export infrastructure, namely, Trade Infrastructure for Export Scheme (TIES) will be launched in 2017-18," Finance Minister Arun Jaitley said in his Budget speech.

  • Budget clueless, full of hollow words: Mamata Banerjee Feb 01, 2017 02:46 PM IST

    Budget clueless, full of hollow words: Mamata Banerjee

    "A controversial #Budget2017 which is clueless, useless, baseless, missionless and actionless. Heartless No roadmap for the country or the future from a government that has lost all its credibility," Banerjee said on Twitter.

  • Affordable housing gets infrastructure status in Budget Feb 01, 2017 02:46 PM IST

    Affordable housing gets infrastructure status in Budget

    To promote affordable homes, the government also proposed to amend the Section 80-IBA, relaxing the condition of period of completion of the project for claiming deduction from the current three years to 5 years.

  • FM provides for 25.4% higher capital expenditure in FY'18 Feb 01, 2017 02:46 PM IST

    FM provides for 25.4% higher capital expenditure in FY'18

    Effectively, the capital expenditure estimated in the Budget for next fiscal is 10.7 percent higher than revised estimates of Rs 2.79 lakh crore for the current fiscal.

  • Union Budget 2017-18: Full speech of Arun Jaitley Feb 01, 2017 02:36 PM IST

    Union Budget 2017-18: Full speech of Arun Jaitley

    The Union Budget for 2017-18 focused on lifting rural incomes while simultaneously pressing ahead with reforms in several sectors of the Indian economy.

  • Budget 2017: Union budget is result of proactively functioning govt: Bedi Feb 01, 2017 02:36 PM IST

    Budget 2017: Union budget is result of proactively functioning govt: Bedi

    Puducherry Lt Governor Kiran Bedi today said the Union budget for the fiscal 2017-2018 "is the result of a comprehensively, proactively functioning government."

  • Union Budget 2017-18: Boost on digital economy to be positive on telecom, says KPMG Feb 01, 2017 02:33 PM IST

    Union Budget 2017-18: Boost on digital economy to be positive on telecom, says KPMG

    Jaideep Ghosh, Partner at KPMG in India is of the view that Union Budget aims to boost digital economy, which will have a positive impact on the telecom sector. Additional outlay of Rs 10,000 crore for BharatNet and creation of ‘Digi- Gaon‘ a definite positive to Broadband penetration.

  • Union Budget 2017-18: 'More ears on ground than ears on market expectations' Feb 01, 2017 02:33 PM IST

    Union Budget 2017-18: 'More ears on ground than ears on market expectations'

    Nikhil Khandelwal, MD, Systematix Shares & Stocks is of the view that Budget has also put in place various blocks to improve the farm level income – and hence believes that farm inputs requirement and rural incomes are both set to increase in the times to come.

  • Budget 2017: Good for banking sector, says Shikha Sharma Feb 01, 2017 02:32 PM IST

    Budget 2017: Good for banking sector, says Shikha Sharma

    In an interview to CNBC-TV18‘s Latha Venkatesh and Anuj Singhal, HP Ranina, Corporate Lawyer, Shikha Sharma, MD & CEO, Axis Bank, R Shankar Raman, Whole-Time Director & Chief Financial Officer, L&T and Sanjay Dutt, Director at Quantum Securities gave their take on Arun Jaitely‘s Union Budget and their outlook on the road ahead.

  • Union Budget 2017-18: Govt proposes to exempt FPIs from indirect transfer provision Feb 01, 2017 02:30 PM IST

    Union Budget 2017-18: Govt proposes to exempt FPIs from indirect transfer provision

    Presenting the Budget in Parliament, Finance Minister Arun Jaitley proposed that category I and II foreign portfolio investors (FPIs) should be exempted from taxation on indirect transfers.

  • Union Budget 2017-18: A good balancing act Feb 01, 2017 02:29 PM IST

    Union Budget 2017-18: A good balancing act

    The common man may not have got a great deal out of Arun Jaitley‘s fourth Budget but the speech showed the finance minister has perfected the art of tightrope walking.

  • Union Budget 2017-18: Govt to borrow Rs 3.5 lakh crore in FY18 Feb 01, 2017 02:24 PM IST

    Union Budget 2017-18: Govt to borrow Rs 3.5 lakh crore in FY18

    However, gross borrowing has been pegged at Rs 5.8 lakh crore up for 2017-18, marginally higher from Budget estimate of Rs 6 lakh crore in the ongoing fiscal.

  • Union Budget 2017-18: Computer Emergency Response Team proposed to check cyber frauds Feb 01, 2017 02:22 PM IST

    Union Budget 2017-18: Computer Emergency Response Team proposed to check cyber frauds

    Amid government's push on digital transactions, Finance Minister Arun Jaitley today announced setting up of a Computer Emergency Response Team to strengthen security of the financial sector amid increasing incidents of cyber frauds.

  • Budget 2017: PM Modi reacts to Arun Jaitley's Budget 2017 Feb 01, 2017 02:20 PM IST

    Budget 2017: PM Modi reacts to Arun Jaitley's Budget 2017

    Watch the accompanying video where in PM Modi reacts to Arun Jaitley's Budget 2017.

  • Union Budget 2017-18: Fasal Bima Yojana scheme gets an additional boost Feb 01, 2017 02:15 PM IST

    Union Budget 2017-18: Fasal Bima Yojana scheme gets an additional boost

    “The Fasal Bima Yojana launched by our Government is a major step in this direction. The coverage of this scheme will be increased from 30 percent of cropped area in 2016-17 to 40 percent in 2017-18 and 50 percent in 2018-19,” said Jaitley in the Budget speech.

  • Budget 2017: Abolishing of FIPB is a logical decision says Commerce Minister Feb 01, 2017 02:14 PM IST

    Budget 2017: Abolishing of FIPB is a logical decision says Commerce Minister

    In an interview to CNBC-TV18‘s Rituparna Bhuyan, Nirmala Sitharaman, Commerce Minister gave her take on Arun Jaitely‘s Union Budget and outlook on the road ahead.

  • Union Budget 2017-18: Dispute resolution mechanism for infra sector Feb 01, 2017 02:14 PM IST

    Union Budget 2017-18: Dispute resolution mechanism for infra sector

    A dispute resolution mechanism will be put in place to address issues in the infrastructure space, Finance Minister Arun Jaitley said today.

  • Budget 2017: Signs of increasing retreat from globalisation: FM Feb 01, 2017 02:10 PM IST

    Budget 2017: Signs of increasing retreat from globalisation: FM

    With pressures for protectionism building up in several parts of the world, there are "signs of increasing retreat from globalisation of goods, services and people", Finance Minister Arun Jaitley said today.

  • Budget 2017: FM unveils education reforms,to set up National Testing Agency Feb 01, 2017 02:10 PM IST

    Budget 2017: FM unveils education reforms,to set up National Testing Agency

    Asserting that quality of education will energise the youth, Finance Minister Arun Jaitley today unleashed measures to revamp the country's education system, including setting up of a National Testing Agency to conduct all entrance examinations for higher education institutions.

  • Union Budget 2017-18: A fairly routine Budget, says Rangarajan Feb 01, 2017 02:04 PM IST

    Union Budget 2017-18: A fairly routine Budget, says Rangarajan

    Describing the Union Budget for 2017-18 as "a fairly routine Budget", former RBI Governor C Rangarajan today said changing the road map to reach the fiscal deficit target of 3 percent over the year will make a mockery of the Fiscal Responsibility and Budget Management (FRBM) Act.

  • Budget 2017: Jaitley gives spending a push without busting fiscal bounds Feb 01, 2017 02:03 PM IST

    Budget 2017: Jaitley gives spending a push without busting fiscal bounds

    Compared to guarded moves of the past, Jaitley used his fourth budget to launch policy changes including modifying India‘s political funding structure, but did not overhaul the corporate or individual income tax system as was widely expected.

  • Union Budget 2017-18: Budget as per expectations; thrust on infra, says Achin Goel Feb 01, 2017 02:00 PM IST

    Union Budget 2017-18: Budget as per expectations; thrust on infra, says Achin Goel

    Budget was as per expectations with no major changes with thrust on skill development, farmers, rural electrification and infrastructure development, says Achin Goel, Head, Wealth Management & Financial Planning at Bonanza Portfolio.

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