Page 95 - Budget 2022 News

Budget 2018: Don't blame LTCG tax for Sensex slippage, says Finance secy

Adhia said the 10 per cent tax on long-term capital gains (LTCG) is a 'subsidised rate'

As Sensex plunges 1,150 points in two days, Rs 5-trn investor wealth eroded

Post Union Budget on February 1, the 30-share Sensex has plummeted by 1,150 points in two sessions

Slump in equity indices cannot be attributed to LTCG tax: Jaitley

Talking on the similar vein, Finance and Revenue Secretary Hasmukh Adhia on Monday said equity investments still remain attractive as only a 10 per cent LTCG tax has been imposed on it

Trying to remove unevenness in taxes paid by salaried class: Hasmukh Adhia

He also said, tax payer base has gone up after the GST roll out as well as demonetisation

Budget 2018 is populist in at least two ways, and we're loving it

The consumer sentiments index went up by 3.8 per cent on February 1, the budget day, when the announcements were made

Budget 2018: Fiscal deficit may rise to 3.5% of GDP in FY19, says Goldman

The revenue targets are on the optimistic side, particularly on recently- introduced GST tax revenue growth

TDP, BJP patch-up: Naidu says 'alliance is on', Ram Madhav calls for unity

Some of the issues over which the TDP is miffed are the implementation of a special financial package for the state, setting up of a railway zone

India 'might' achieve 3% fiscal deficit target by 2019-20: Finmin official

Fiscal Deficit at 3.3 per cent for 2018-19, backed with statutory commitment to bring it down to 3 per cent by 20-21

Budget 2018 strikes a balance between growth and fiscal prudence: Moody's

Says slippage in Budget deficit target not material; fiscal consolidation path moderately shallower

Budget 2018: LTCG imposed to check tax base erosion, boost mfg, says govt

Budget for 2018-19 provides for taxing Rs 100,000 and above of Long-Term Capital Gains arising from the sale of shares held for over one year at a concessional rate of 10%

Budget 2018: No material impact of slippage in fiscal deficit, says Moody's

Moody's in a statement said India's budget for the fiscal year ending March 2019 strikes a balance between fiscal prudence and growth

LTCG tax: Choose funds based on investment horizon, not on tax advantage

With the introduction of 10% tax both on long-term capital gains and on dividend, choose funds based on investment horizon and risk appetite, not on tax advantage

Budget 2018: Traders wary of Jaitley's fiscal math as bond losses persist

Modi's government in Thursday's union budget said it will aim for a budget shortfall of 3.3 per cent in the year starting on April 1,

Budget announcements on the farm sector: Markets, not MSP, is the focus

Analysts and observers are debating on how the cost of cultivation will be calculated

Budget 2018 impact: Navy, Air Force also feel pinch of personnel costs

Given the importance of equipment modernisation, the overall defence budget should rise at least at the same pace as salaries and pensions, so that equipment modernisation is not hit

Budget 2018: Seniors in lower tax slabs should opt for fixed deposits

Debt funds still make sense for those in the highest tax bracket

Budget 2018 impact: Rural, consumer, infrastructure sectors big gainers

Companies in the affordable housing, automobiles, healthcare and FMCG space are seen as key beneficiaries

Budget 2018: Arun Jaitley delivers a realistic mixed bag on the tax front

There has been moderate relief on both the personal and corporate tax fronts, apart from incentives for start-ups

Budget 2018 impact: No radical policy or strategic shift in most sectors

The finance minister has put the thrust on effective implementation by making allocations on the basis of actual expenditure incurred

Budget 2018: Customs duty rates amended in line with 'Make in India'

Amendments have been made in line with initiatives such as Make in India and ease of doing business