Page 5 - Budget 2017
Budget hints at phasing out tribunals, COMPAT may be the first to go
Only time will tell how this affects the country's present situation of over 30 mn pending cases
 "Budget hints at phasing out tribunals, COMPAT may be the first to go")
Budget 2017: Tobacco farmers disappointed by hike in excise on cigarettes
Govt had hiked excise duty on unmanufactured tobacco to 8.3% from 4.2%
 "Budget 2017: Tobacco farmers disappointed by hike in excise on cigarettes")
Budget fiscally prudent; capital infusion for PSBs inadequate: Moody's
The government has budgeted for a lower fiscal deficit at 3.2% of GDP next fiscal
 "Budget fiscally prudent; capital infusion for PSBs inadequate: Moody's")
India Inc jittery as tax officials get more power
Govt proposes to amend I-T Act to give more power to assessing officer in cases of search and seizure
 "India Inc jittery as tax officials get more power")
Cloud over off-market deals
Such activities may have to forgo benefit of zero long-term capital gains tax
 "Cloud over off-market deals")
Budget math is credible: Abhinav Khanna
Govt's focus on the infrastructure sector is a step in the right direction, says Abhinav Khanna
 "Budget math is credible: Abhinav Khanna")
Family trusts will need to pay tax on dividend income
This move would impact the estate planning of the company promoters, say tax experts
 "Family trusts will need to pay tax on dividend income")
Budget continues govt's policy momentum
Reforms in institutional arrangements in social sector could improve outcomes, says a PwC analysis
 "Budget continues govt's policy momentum")
Small savings target difficult, but achievable
Govt in the present FY has in its kitty small savings of more than Rs 90,000 cr
 "Small savings target difficult, but achievable")
Realtors line up with projects
Buoyed by Budget, Tatas, Shapoorji Pallonji, Puravankara, others to launch more affordable housing projects
 "Realtors line up with projects")
Burden of cutting public debt may fall on Centre
State debt is expected to have risen in 2016-17 on account of UDAY
 "Burden of cutting public debt may fall on Centre")
Cheap housing push to boost micro finance in sector
MFI mostly serves people who work in informal sector and hail from middle- and low-income groups
 "Cheap housing push to boost micro finance in sector")
Public shareholding rules may fill coffers
The Centre set in the Budget the highest disinvestment target of Rs 72,500 crore for 2017-18
 "Public shareholding rules may fill coffers")
Govt counts on mergers and IPOs
Target of Rs 72,500 crore for FY17 is highest for any year
 "Govt counts on mergers and IPOs")
Key existing initiatives get a Budget boost
No significant changes in indirect taxes, which will be replaced by GST, says a PwC analysis
 "Key existing initiatives get a Budget boost")
Tax axe on firms with foreign debt
Interest payments in excess of 30% of Ebitda to foreign associates will lose tax exemption
 "Tax axe on firms with foreign debt")
Budget proposals on political funding reform inconsequential: ADR
ADR, the noted citizen watchdog, explains why the reform is much ado about nothing new
 "Budget proposals on political funding reform inconsequential: ADR")
Budget failed to push reforms: Chidambaram
Former FM says budget shunned reforms; silent on pushing demand and creating jobs
 "Budget failed to push reforms: Chidambaram")
GST could lead to 25% price hike for smartphones
The demand for mobile handsets in the country has remained flat over the past four years
 "GST could lead to 25% price hike for smartphones")
Your Money: Learn how you can avoid the 10% surcharge
If income is marginally above Rs 50 lakh, you can avoid the surcharge through careful tax planning
![[object Object], Learn how you can avoid the 10% surcharge](https://bsmediarevamp.business-standard.com/_media/bs/img/article/2017-02/03/full/1486065000-4164.jpg?im=FeatureCrop,size=(328,185) "[object Object], Learn how you can avoid the 10% surcharge")
