Only few days are left for the much-awaited Union Budget 2018-19 and expectations of the rural sector, urban workers, small traders, small and medium businesses, corporate honchos, etc., are rising.
This will be Finance Minister Arun Jaitley’s last full budget before the general election in 2019 and it is expected that the government will make some big ticket announcements during the Budget 2018-19 to woo voters.
This year’s budget gains even more significance as it will be first budget post the introduction of Goods and Services Tax (GST). The primary motive of the government will be to stick to its fiscal deficit targets as it is witnessing a fiscal deficit of around 3.5% GDP due to lower collection of indirect taxes, post GST.
This might affect the budget allocations and other policies. Meanwhile, the government will also look to meet the expectations of the common man, banking sector, etc. It is expected Jaitley will boost spending while containing inflation.
It is yet to be seen whether Jaitley will tweak the income tax slabs, increase funding existing of the rural programmes to woo voters and announce incentives for farmers and small businesses or not.
The Union Budget 2018-19 is billed to be the most politically significant economic policy statement of the NDA government.
It would also mark government’s performance on its reforms agenda including demonetization and GST, clearly independent India’s biggest tax reform.
With so much on the cards, it is important to understand and assess the Budget completely and to give you an insight, CNBC TV18 is ready with yet another edition of the ‘Budget Verdict’.
As India’s foremost business news leader, CNBC TV 18 is all set to launch the third edition of its signature show ‘The Budget Verdict’ on February 2, 2018 in New Delhi. Watch exclusive LIVE telecast on CNBC-TV18 & webcast on Livemint.com 6 PM onwards. The initiative is scheduled for the day after the Finance Minister presents the Budget in Parliament on February 1, 2018.
CNBC-TV18 has always taken the lead in covering the biggest news developments and assessing their business and economic impact on the lives of Indian citizens. This is reflected in our comprehensive and incisive coverage of the Union Budget, which for the last 18 years, has made us the most watched channel on Budget season.
In our constant endeavour to bring innovative formats to our viewers, CNBC-TV18 started The Budget Verdict in 2016. It is a unique format hosting top business leaders and policy influencers in an insightful conversation. The top CEO engagement helps government seek frank feedback on its key policy document.
The Budget Verdict will be aired across television and digital properties of Network18.
The experts will explain every aspect of the Budget 2018 that affects the common man and give their articulate opinions on the budget, which will make understanding of the budget easier for you, thus telling you how our economy is fairing.
Don’t miss the Live telecast on CNBC TV18 on February 02, 2018, 6pm onwards and a webcast on Livemint.com at the same time.
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