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Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Government to set fiscal deficit target in budget

The deficit target could be in the range of 3.3-3.4 per cent of GDP for the financial year 2017-18 .

23 Jan 2017 3:30 PM IST

The CJI asked the counsel when income from agricultural produce is exempt from tax, why not this exemption.

Tax exemption limit may go up in range of Rs 3 lakh to Rs 4 lakh

Personal income tax exemption till Rs 2.5 lakh per annum was incorporated in 2014-15 Budget, since then it has not...

21 Jan 2017 4:19 PM IST

Union Finance Minister Arun Jaitley. (Photo: PTI)

Halwa Ceremony kickstarts Budget 2017 process

Finance Minister Arun Jaitley, officials participate at event that marks beginning of Budgetary process.

19 Jan 2017 12:45 PM IST

Finance Minister Arun Jaitley. (Photo: PTI)

Budget 2017-18 may look to soften note ban woes by tax relief

Besides tax break, there could even be a universal basic income in the Budget, industry officials and tax experts said.

30 Jan 2017 4:23 PM IST

Traffic experts have frowned upon the concept, citing heavy costs and waste of public money.

BMC plans underground parking; Experts leery

Mumbai's first underground parking lot will come up at Madanpura; Observers warn of waste of public cash.

16 April 2017 1:08 AM IST