Page 124 - Budget 2022 News

FM Jaitley may present first post-GST Budget on February 1: Govt official

Only proposals for changes in direct taxes, both personal income tax and corporate tax, besides customs duty, are likely to be presented in the Budget along with new schemes and programmes of the govt

States spend Rs 77,487 crore on police forces in 2015-16: Report

Expenditure on police constituted 3% of the total Budget for states

Direct tax officials seek cut in collection target

Slide in investment raises fears of lower mop up of direct tax this financial year

Pensioners, India Inc may get tax breaks in Budget

No big-bang measures expected, say finance ministry officials

Central govt counts on divestment to deliver

Stake sale proceeds could exceed BE by as much as Rs 20k cr

Tweaking the fiscal road map

Already, 96% of the annual fiscal deficit target has been reached by the end of October 2017

Jaitley holds pre-Budget meet with trade unions, assures workers' welfare

He said govt wasfully committed to safeguarding the interests of the workers, especially those working in the MSME and the unorganised sector

Arun Jaitley starts pre-Budget meetings, discusses price volatility

Starting from Tuesday, Finance Minister Arun Jaitley is scheduled to meet representatives of different groups from various sectors

Corporation tax cut: Govt weighs hit to exchequer

There were corporate tax cuts only for small businesses announced in the 2016-17 and 2017-18 Budgets

FinMin weighs fiscal cost of corporation tax cut

In the 2015-16 Budget, Finance Minister Arun Jaitley had promised a reduction in the corporate tax rate from 30 per cent to 25 per cent in four years

India Inc seeks income tax cap of 20% in pre-budget meet with Jaitley

At the meeting, industry body Ficci's President Pankaj R. Patel pitched for board tax rate cuts for businesses and individuals to spur domestic investment and demand

Stir to intensify if Budget has proposals against workers: K Hemalata

Last month, trade unions held massive protests in the national capital against the government's labour law reform proposals

Populist Budget not permissible; India's macro environment fine: Rathin Roy

Asked what should be the government's reform agenda for the next 18 months, Roy said the Modi government should focus on completing the reforms undertaken by it

Will pre-election budget budge on MAT on SEZs?

Currently, there are 204 SEZs in the country

Increase social security pension in Budget 2018: Economists to Jaitley

Asked if social security pension is raised it would result in stress on fiscal deficit, he said, "this is peanuts. This is nothing"

Letters: Budget expectations

The exemption limit for the salaried class should be pegged at a higher level

Direct tax collection target raised by Rs 20,000 cr to Rs 10 lakh cr

Mumbai, Delhi I-T dept asked to shore up collection by Rs 10,000 cr each

IT sector seeks tax rationalisation

Along with other IT associations like Electronic Industries Association of India, Manufacturers' Association for Information Technology also met the ministry.

Tax-friendly regime likely in Budget 2018-19

The Income Tax Act might be amended to give effect to "jurisdiction-free assessment"

Divestment activity to continue in March quarter

2 mergers, 3 IPOs, 3 offers-for-sale, another tranche of Bharat 22 ETF on cards