Budget 2017

Saturday, May 18, 2024 | Last Update : 12:40 PM IST

The government’s fiscal deficit has hit 91.3 per cent of the total Budget in the first six months of the fiscal. (File Photo)

India's fiscal deficit touches 91.3 per cent of full-year target in September

The government aims to contain fiscal deficit to 3.2 per cent of GDP in the current fiscal as against 3.5 per cent in 2016-17.

31 Oct 2017 5:36 PM

The government last year relaxed FDI norms in over a dozen sectors

Soon FDI relaxation in select sectors, single brand retail

Easing of FDI policy in line with Finance Minister Arun Jaitley's announcement in Budget for 2017-18.

02 Mar 2017 12:52 PM

Commerce and Industry Minister Nirmala Sitharaman

Commerce Ministry on the job for leather scheme

Arun Jaitley announced plans to launch a scheme for the labour-intensive leather and footwear sector.

05 Feb 2017 11:13 AM

The uptick in the growth numbers would be largely driven by the remonetisation process which is expected by April end as this in turn would boost the consumption levels in the country.

HSBC reports India GDP to grow at in 2017-18

The report states that India is expected to clock a GDP growth of 7.1 per cent.

02 Feb 2017 1:07 PM

Union Budget 2017 brings cheer to Delhi

The grant for the Delhi Disaster Response Fund remained unchanged with an allocation of Rs 5 crore.

02 Feb 2017 2:41 AM

Tax adviser (second from right) Ved Jain and his family members.

Is Union Budget 2017 balancing act after demonetisation effect?

This is a good way of telling small businesses to create a corporate entity with transparency in governance,” Mr Ankit says.

02 Feb 2017 2:24 AM

People watch the Union Budget presentation on a screen outside the Bombay Stock Exchange building in Mumbai. (Photo: AFP)

Union Budget 2017: Small taxpayers are big winners

Government to cushion effects of demonetisation.

02 Feb 2017 2:23 AM

Minister also proposed to reduce the time for completion of scrutiny assessments from 21 months to 18 months.

Govt to reduce time for revising tax return to 12 months

In order to expand tax net, the Centre plans to have a simple one-page form to be filed as Income Tax Return.

01 Feb 2017 5:31 PM

The central government will also nominate three members to the Board.

Govt proposes Payments Regulatory Board in RBI

Government will undertake a comprehensive review of this Act and bring about appropriate amendments.

01 Feb 2017 4:58 PM

Shiv Sena MP Arvind Sawant. (Photo: Twitter/@AGSawant)

Govt forgot farmers, senior citizens in Budget: Sena MP

Shiv Sena MP Arvind Sawant said this sector has 'failed miserably' in the present government's tenure.

01 Feb 2017 4:19 PM

High net worth NBFCs can access capital markets via IPOs: Arun Jaitley

Sebi and RBI along with the CBDT will jointly put in place the necessary mechanisms and procedures.

01 Feb 2017 4:11 PM

The scheme was also aimed at widening the retail investor base in the Indian securities markets and also to further the goal of financial stability and financial inclusion.

Govt to phase out tax sops on Rajiv Gandhi Equity Scheme

Tax saving scheme, which was announced in the Union Budget 2012-13 and was further expanded the next year.

01 Feb 2017 3:44 PM

Finance Minister Arun Jaitley. (Photo: PTI)

Budget 2017: Income tax for small firms slashed to 25 per cent

As per the data of assessment year 2015-16, there are 6.94 lakh companies filing returns.

01 Feb 2017 3:31 PM

Finance Minister Arun Jaitley tabling the Union Budget for 2017-18 in the Parliament. (Photo: AP)

Govt. announces new AIIMS for Jharkhand, Gujarat

Jaitley further said the government aims to bring down the Maternal Mortality Rate (MMR) from 167 in 2011-13 to 100 between 2018-2020.

01 Feb 2017 2:41 PM

Finance Minister Arun Jaitley arrives in Parliament to present the Union budget for 2017-18.

Budget 2017: Digi-pay to weed out corruption, new schemes on anvil

The FM also said that the BHIM app will unleash the power of mobile phones for making digital payments and financial inclusion.

01 Feb 2017 2:34 PM

Budget 2017: Jaitley says jobs, skill training among 10 key focus areas

Government proposes to extend Pradhan Mantri Kaushal Kendras to more than 600 districts across the country.

01 Feb 2017 2:08 PM

Fiscal deficit to be contained at 3.2 per cent in FY18: Arun Jaitley

Revenue deficit will be reduced to 2.1 per cent for 2017-18 from 2.3 per cent in the ongoing fiscal.

01 Feb 2017 1:59 PM

India is the largest provider of generic drugs globally, with the Indian generics accounting for 20 per cent of global exports in terms of volume. (Representational Image)

Govt to frame new rules on medical devices to draw investments

Currently, 100 per cent FDI is allowed under the automatic route in the medical devices sector.

01 Feb 2017 1:44 PM

Budget 2017: Cash dealings above Rs 3 lakh banned from April 1

Decision to ban cash transactions beyond a threshold is based on the recommendation of the Special Investigation Team.

01 Feb 2017 1:19 PM

Budget 2017: Record Rs 3.96 lakh cr allocation for infra to spur growth

Total allocation for infrastructure stands at a record level Rs 3,96,135 crore in 2017-18.

01 Feb 2017 1:12 PM

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Shobhaa De

budget 2017