Budget 2017

Budget 2017 impact: Cigarettes, tobacco, mobiles assembled in India to turn dearer

Smokers and tobacco consumers will have to pay more for their indulgence as Finance Minister Arun Jaitley continued with the crackdown on cigarettes, bidis and tobacco products by increasing taxes in the Budget 2017-18.

Feb 01, 2017, 17:56 PM IST

Budget 2017 impact: Government to reduce time for revising tax return to 12 months

Finance Minister Arun Jaitley today proposed to reduce the time period for revising a tax return to 12 months from completion of financial year.

Feb 01, 2017, 17:52 PM IST

Budget 2017: Budget to boost jewellery sector, drive consumption

Taking a stance of 'no news is good news' jewellers today hailed the Union Budget, saying the focus on digitalisation is going to give an impetus to the sector and drive consumption.

Feb 01, 2017, 17:49 PM IST

Arun Jaitley’s Union Budget 2017: The Big Takeaways and Analysis

After much speculation whether the Union Budget will be presented today after the sudden demise of parliamentarian E Ahamed, the cat is finally out of the bag.

Feb 01, 2017, 17:36 PM IST

Union Budget 2017: Jaitley gives big leg-up to infrastructure industry

The infra industry has hailed the added focus the sector has received in the Budget, saying the proposals will give a big boost to this key growth driver.

Feb 01, 2017, 17:21 PM IST

Budget 2017 – Little to affect the auto industry

The Finance Minister has announced that major indirect tax changes will be held off till the GST rollout.

Feb 01, 2017, 17:06 PM IST

Union Budget 2017: Healthcare costs to become more affordable

Although no major reforms were announced, plans to amend Drugs and Cosmetics Rules, formulate new norms for medical devices and taking steps for strengthening medical education will reduce healthcare cost for the masses, industry players on Wednesday said.

Feb 01, 2017, 16:45 PM IST

Nitish, Lalu term Budget 2017-18 ''disappointing''

Bihar Chief Minister Nitish Kumar and his ally Rashtriya Janata Dal chief Lalu Prasad on Wednesday said Union Budget 2017-18 is "disappointing" for people, particularly the poor, farmers and youths.

Feb 01, 2017, 16:39 PM IST

Union Budget 2017 INCOME TAX TABLE: Know how your new income tax slabs will look

Finance Minister Arun Jaitley on Wednesday proposed to reduce the tax rate for income up to Rs 5 lakh from the existing 10 per cent to 5 per cent while imposing 10 percent surcharge on income between Rs 50 lakh and Rs 1 crore.

Feb 01, 2017, 16:35 PM IST

Union Budget 2017 to have positive impact on job market

The budget is expected to bring positive impact on job market as the focus on infrastructure and ease of doing business is aligned with the government's vision of job creation.

Feb 01, 2017, 16:35 PM IST

Union Budget 2017: Budget to provide ample push for affordable housing, say experts

Hailing the government's decision to grant infrastructure status to affordable housing segment, experts believe it will provide ample push for the sector as developers will now be able to get access to preferential and lower borrowing rates from banks.

Feb 01, 2017, 16:28 PM IST

Budget 2017: Here is what the common man gets

The combined effect of both these measures will mean that there would be zero tax liability for people getting income upto Rs 3 lakhs per annum and the tax liability will only be Rs 2,500 for people with income between Rs 3 to Rs 3.5 lakhs.    

Feb 01, 2017, 16:25 PM IST

Union Budget 2017: Jaitley gives major relief to the steel industry; waives basic custom duty on nickel

The government has waived basic custom duty on nickel -- a key steel making raw material -- in a major relief to the steel industry which is facing tough times.

Feb 01, 2017, 16:18 PM IST

Union Budget 2017: FM announces measures to give relief to startups

In a relief to start-ups, Finance Minister Arun Jaitley on Wednesday proposed extending the time period for availing tax benefit for three years in the first seven years of existence.

Feb 01, 2017, 16:11 PM IST

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

Budget 2017: 3-year tax holiday for start-ups in first 7 years of existence

Relief in tax for startups for seven years. Watch this special segment and get to know more here.

Feb 01, 2017, 15:59 PM IST

Budget 2017: Income tax cut from 10% to 5% for 2.5 - 5 lakh bracket

Changes made in the tax slabs. Watch this special segment and get to know more here.

Feb 01, 2017, 15:58 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: Here are the reactions of India's Biz honchos!

Here is how India's biz honchos reacted to the Union Budget 2017.

Feb 01, 2017, 15:25 PM IST