हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

Budget 2017 India

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

Finance Minister Arun Jaitley on Wednesday reduced the income tax for small companies with annual turnover of up to Rs 50 crore to 25 percent with a view to making MSME companies more viable and encouraging firms to migrate to company format.

Feb 01, 2017, 16:02 PM IST

Union Budget 2017: Tax rate halved to 5% for income of Rs 2.5-5 lakh; 10% surcharge on income between Rs 50 lakh-1 crore

The change in the personal income tax rate for individual assessees between Rs 2.5 lakh and Rs 5 lakh income would reduce the tax liability of all persons below Rs 5 lakh to either to zero (with rebate) or 50 percent of their existing liability.

Feb 01, 2017, 15:58 PM IST

Union Budget 2017-18: Has FM softened demonetisation blow by announcing tax sops?

Amidst heightened expectations and hopes Finance Minister Arun presented Union Budget 2017-18 by rewarding the common man with income tax sops.

Feb 01, 2017, 15:51 PM IST

Budget 2017: Tax relief on capital gains for property sale proposed

The government also plans to extend the basket of financial instruments in which the capital gains can be invested without payment of tax.

Feb 01, 2017, 15:24 PM IST

Union Budget 2017: Cash donation to political parties capped at Rs 2,000; further funding through Electoral Bonds

Finance Minister Arun Jaitely has said that the political party can receive maximum donation up to Rs 2,000 in cash from one person. This is down from the earlier limit of Rs 20,000.

Feb 01, 2017, 15:09 PM IST

Union Budget 2017-18: Full Text

Here is the Full Text of the Union Budget 2017-18.

Feb 01, 2017, 14:51 PM IST

Union Budget 2017-18: How tax proposals will affect you

While presenting the Budget for the financial year 2017-18, Finance Minister Arun Jaitley on Wednesday proposed to reduce the existing rate of taxation for individual assesses between income of Rs 2.5 lakhs to Rs 5 lakhs to 5% from the present rate of 10%.

Feb 01, 2017, 14:05 PM IST

Union Budget 2017: From 'path-breaking', 'uttam' to 'vision less' – here are some quick reactions

While PM Narendra Modi hailed the Union Budget as 'pro-poor and historic', Congress vice-president Rahul Gandhi called it 'vision less' and a 'damp squib'. Here are some quick reactions.

Feb 01, 2017, 13:53 PM IST

Budget 2017 a damp squib; nothing for farmers, youth: Rahul Gandhi

Congress vice president Rahul Gandhi on Wednesday expressed his displeasure over Union Budget 2017-18, saying it has nothing for youths and farmers.

Feb 01, 2017, 13:33 PM IST

Budget 2017: Donations above Rs 2,000 to political parties to be made through cheques, digital mode

In yet another attempt to check the increasing menace of black money in funding of the political parties, Union Finance Minister Arun Jaitley, while presenting Budget 2017 in the Lok Sabha on Wednesday said, all donations to political outfits above Rs 2,000, will have to be made through cheques or digital mode.

Feb 01, 2017, 13:01 PM IST

Union Budget 2017: As it happened

Finance Minister Arun Jaitley on Wednesday proposed to reduce existing rate of taxation of those with income between 2.5 lakh to 5 lakh from 10 percent to 5 percent while presenting the Union Budget 2017.

Feb 01, 2017, 12:56 PM IST

Uncertainty on Budget 2017 presentation: Santosh Gangwar puts ball in Speaker's court

Amid speculations that the Union Budget may be deferred by a day post the demise of former minister of state for external affairs and Indian Union Muslim League (IUML) MP E. Ahamed, Minister of State for Finance Santosh Gangwar on Wednesday said that Lok Sabha Speaker Sumitra Mahajan would take a final call on whether the House will be adjourned or not.

Feb 01, 2017, 10:14 AM IST

Budget 2017 LIVE streaming: Watch here

Feb 01, 2017, 08:50 AM IST

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

As Finance Minister Arun Jaitley presents his third full-fledged Budget on Wednesday, he will be faced with the tough challenge of reviving growth especially in the wake of the note ban and the declining growth rate.

Jan 30, 2017, 18:35 PM IST

Budget 2017: For pro-poor thrust, Budget must focus on housing, infrastructure

Considering that the welfare of the poor and middle class is the priority area of the government and the assembly elections manifestos of all the major political parties centre around housing and urban development, this year's budget is expected to give a major thrust on real estate housing & infrastructure.

Jan 30, 2017, 15:18 PM IST