Tax cuts must go hand in hand with abolition of exemptions
Jaitley may raise deduction limit for interest paid on home loans to Rs 2.5 lakh from Rs 2 lakh
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.
The government has convened an all-party meeting today ahead of the Budget Session of Parliament to seek opposition's support for the smooth conduct of proceedings in both the Houses.Lok Sabha Speaker Sumitra Mahajan has also called a meeting of leaders of political parties in the House same evening.The Budget Session will start from Tuesday with President Pranab Mukherjee's address to a joint sitting of the Lok Sabha and the Rajya Sabha.The Economic Survey will also be presented on the first day of the session. General Budget will be presented on Wednesday.The two Houses will have a month long recess from February 10 to March 8 to enable the Standing Committees to consider the Demands for Grants of Ministries and Departments and prepare their reports.
FM might also refer transitioning to a universal basic income (UBI) architecture in his Budget
Since the low 2,0148 hit on December 26, the Bankex has risen 12% to settle at 22,566 last week
Cash reserves down 34% since March 2014 after they stepped up payouts
Export growth has remained positive from September onwards
Investing in stocks or index pre- or post-Budget for quick gains can stump even seasoned investors
Finance Minister Arun Jaitley might accept some recommendations of two panels
Historically, markets often respond negatively to Budgets after being over-optimistic in the run-up
After demonetisation, Arun Jaitley's fourth Budget must show Indian economic policy decision-making can still be trusted
Desai expects the government to continue on its path of fiscal consolidation in Budget 2017
Govt planning to impose the short-term capital gains tax on angel investors at 15 per cent, which is the rate on the stock exchanges
The levy corrects the unfair advantage enjoyed by some non-resident companies over domestic players
Good on legislative reforms, patchy on execution
It also requested the govt to ensure adherence to the time limit prescribed for passing orders
Many individuals said the focus should be on jobs
A look at how the stock has moved in the past year and what it may get from Budget 2017
A look at how the stock has moved in the past year and what it may get from Budget 2017