It is a pro-growth Budget, maintains fiscal discipline: Chanda Kochhar, ICICI Bank
Chanda Kochhar, ICICI Bank. Watch the full segment for more details.
Feb 01, 2017, 18:58 PM IST
Digitial economy initiatives, cyber security measures in budget welcomed
Technology based companies have appreciated government's push for digital economy and cyber security measures announced in the Union budget today.
Feb 01, 2017, 18:50 PM IST
Budget 2017 impact: PSU banks end 5% higher on Rs 10,000 crore infusion announcement
Shares of PSU banks today rose by as much as 5.7 percent after the government announced infusion of Rs 10,000 crore in public sector lenders in the next fiscal.
Feb 01, 2017, 18:36 PM IST
India Inc welcomes Union Budget, gives thumbs up to infra push
Indian industry stakeholders have hailed the Union Budget 2017-18, especially the measures announced by Finance Minister Arun Jaitley for infrastructure push, on affordable housing and for expansion of the BharatNet project among others.
Feb 01, 2017, 18:23 PM IST
Govt halves revenue estimate from telecom to Rs 44,300 crore
Following muted response to spectrum auction, government has slashed revenue expectation from the telecom sector by 55 per cent to Rs 44,342.2 crore for 2017-18, indicating no sale of airwaves for mobile services next fiscal.
Feb 01, 2017, 18:07 PM IST
Budget 2017: Railways to have special safety fund of Rs 1 lakh crore
With railways plagued by repeated derailments, government on Wednesday proposed setting up of a special safety fund of Rs 1 lakh crore that will cover upgradation of tracks and signalling besides elimination of unmanned level crossings.
Feb 01, 2017, 17:56 PM IST
Agri credit raised to record Rs 10 lakh crore in FY18
In a major thrust to agriculture, Finance Minister Arun Jaitley on Wednesday announced a whopping Rs 1 lakh crore hike in the credit target for the next fiscal to Rs 10 lakh crore as part of the government's efforts to double farm incomes in the next five years.
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
Will the initiatives highlighted in budget 2017 boost healthcare sector in India?
Finance Minister Arun Jaitley also mentioned in his budget speech that the government has targeted to eliminate tuberculosis by 2025.
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
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
