Union Budget 2016

Union Budget 2016

Union Budget 2016 News

Cabinet approves 'Pradhan Mantri Gramin Digital Saksharta Abhiyan’ for covering 6 crore rural households — Cabinet approves 'Pradhan Mantri Gramin Digital Saksharta Abhiyan’ for covering 6 crore rural households

Ravi Kaushal February 8, 2017 9:11 PM IST

The scheme intended towards making 6 crore rural households digitally literate.

The session is scheduled to take place from Feb 1 to Feb 9. — The session is scheduled to take place from Feb 1 to Feb 9.

Ravi Kaushal January 27, 2017 4:41 PM IST

The Union Budget for the year 2017-18 will be presented by the Finance Minister Arun Jaitley in Lok Sabha in coming budget session.

4 tax changes which will impact middle-class Indians from June 1 — 4 tax changes which will impact middle-class Indians from June 1

Mohammed Uzair Shaikh June 1, 2016 2:14 AM IST

Here are the top 4 changes , which would bring joy as well as concern to the 'aam aadmi'.

Will tackle bank stress problem at its core: Arun Jaitley — Will tackle bank stress problem at its core: Arun Jaitley

Indo-Asian News Service March 15, 2016 2:17 AM IST

Jaitley listed the steps taken by his government such as the anti-dumping duty and high minimum import price of steel, high customs duty on sugar and the Uday discoms' debt restructure package for power utilities.

Manohar Parikar asks armed forces to reduce cost — Manohar Parikar asks armed forces to reduce cost

India.com News Desk March 5, 2016 9:12 PM IST

Defence minister said that he has already asked the armed forces to 'cut flab' for the year 2016-2017

Honda hikes vehicle prices by up to Rs 79,000

Press Trust of India March 4, 2016 9:25 PM IST

Honda Cars India today said it has hiked the prices of its entire product portfolio by up to Rs 79,000 to offset the impact of infrastructure cess that was proposed in Union Budget 2016-17.

Union Budget 2016 brings current red-tapism comes to an end, says Vishwas Shringi, Founder of Voylla.com — Union Budget 2016 brings current red-tapism comes to an end, says Vishwas Shringi, Founder of Voylla.com

India.com Business Desk March 2, 2016 8:16 PM IST

Budget 2016 has a big push for startups is tax holiday for three of five years of setting up the company.

Union Budget 2016: Budget a fine balancing act, says Geogit BNP Paribas official — Union Budget 2016: Budget a fine balancing act, says Geogit BNP Paribas official

Press Trust of India March 2, 2016 7:10 PM IST

M George Korah FCA, Managing Partner of M/s Korah and Korah, Chartered Accountants, Kochi gave detailed analysis on the direct and indirect tax implications on the budget.

Union Budget 2016: Unions oppose tax on provident fund withdrawals — Union Budget 2016: Unions oppose tax on provident fund withdrawals

Press Trust of India March 2, 2016 3:40 PM IST

Breaking from the long-held practice of exemption at all stages, the Budget for 2016-17 has proposed to impose tax on EPF withdrawal on 60 per cent of contributions made after April 1, 2016, to EPF and other such schemes.

Union Budget 2016: Industry leaders welcome Arun Jaitley's 'progressive budget' — Union Budget 2016: Industry leaders welcome Arun Jaitley's 'progressive budget'

India.com Business Desk March 2, 2016 9:53 AM IST

"Focus on improving last mile connectivity in rural areas in the roads as well as electricity sector will result in improving long term demand."

Union Budget 2016: Arun Jaitley's effort to focus on multi skill development is a laudable, says Rajesh Agarwal, Co-Founder, Micromax — Union Budget 2016: Arun Jaitley's effort to focus on multi skill development is a laudable, says Rajesh Agarwal, Co-Founder, Micromax

India.com Business Desk March 2, 2016 9:03 AM IST

In Union Budget 2016, 'Make in India' continues to be an important agenda for the government as the new manufacturing companies are going to reap benefits in the segment.

Union Budget 2016: Budget did nothing to reduce humongous import dependency in medical device industry — Union Budget 2016: Budget did nothing to reduce humongous import dependency in medical device industry

Press Trust of India March 1, 2016 9:02 PM IST

The Association said that the government is aware that three mega medical device parks are coming up ? in Andhra Pradesh, Maharashtra and Gujarat and said "If we do not provide appropriate budgetary and regulatory support, who will invest there?

Union Budget 2016: Budget reflects a negativity for middle class says Robert Vadra — Union Budget 2016: Budget reflects a negativity for middle class says Robert Vadra

Press Trust of India March 1, 2016 8:01 PM IST

The least I was expecting out of this budget in this economic slow-down, was an addition of another cess.

Union Budget 2016: Rating agencies doubt Arun Jaitley's revenue growth optimism — Union Budget 2016: Rating agencies doubt Arun Jaitley's revenue growth optimism

Press Trust of India March 1, 2016 6:28 PM IST

A closer look at the Budget math indicates that the revenue expectation is highly optimistic and for the government to stay on the fiscal consolidation path, it will have to cut capital expenditure," India Ratings said in a statement today.

Union Budget 2016: Rs.1.2 lakh crore electronics manufacturing proposals got says Ravi Shankar Prasad — Union Budget 2016: Rs.1.2 lakh crore electronics manufacturing proposals got says Ravi Shankar Prasad

Indo-Asian News Service March 1, 2016 5:31 PM IST

Talking about the budget, the minister said domestic manufacturers of routers, broadband modems, set-top boxes, digital video recorders, network video recorders, CCTV camera, lithium-ion battery would enjoy duty advantage of 8.5 percent compared to imported goods.

Union Budget 2016: 84 per cent of TDS disputes resolved says Government in Rajya Sabha — Union Budget 2016: 84 per cent of TDS disputes resolved says Government in Rajya Sabha

Press Trust of India March 1, 2016 5:31 PM IST

Sinha admitted that people were suffering mainly of two kinds of complaints - a mismatch in their PAN over TDS and wrong information provided in the challan issued for TDS.

Union Budget 2016: Demand of branded garments could be hit, say retailers — Union Budget 2016: Demand of branded garments could be hit, say retailers

Press Trust of India March 1, 2016 5:22 PM IST

Stating that prices of the branded garments will go up, Biyani said: "Considering higher costs and excise duty, overall there could be a price increase of 5-6 per cent."

Union Budget 2016: Tata Motors hikes passenger vehicles prices by up to Rs 35,000 — Union Budget 2016: Tata Motors hikes passenger vehicles prices by up to Rs 35,000

Press Trust of India March 1, 2016 4:26 PM IST

The government has decided to impose 2.5 per cent cess on diesel vehicles of length not exceeding 4 meter and engine capacity not exceeding 1,500cc, while higher engine capacity and SUVs and bigger sedans were slapped with a cess of 4 per cent on the value of the car.

Taxing EPF withdrawal amounts to double taxation, say Unions — Taxing EPF withdrawal amounts to double taxation, say Unions

Press Trust of India March 1, 2016 4:16 PM IST

The body is planning to write to Prime Minister Narendra Modi and Finance Minister Arun Jaitley to lodge their protest against these proposals and demand a roll back.

Union Budget 2016: Budget favours big business says Tripura Chief Minister Manik Sarkar — Union Budget 2016: Budget favours big business says Tripura Chief Minister Manik Sarkar

Indo-Asian News Service March 1, 2016 4:06 PM IST

No major plans have been announced for the northeastern region which badly needs industry and infrastructure, the chief minister said.

Union Budget 2016: NDA buoyed up by pro-farmer budget — Union Budget 2016: NDA buoyed up by pro-farmer budget

Press Trust of India March 1, 2016 3:56 PM IST

With the budget underlining his government's rural pitch, Prime Minister Narendra Modi today asked NDA MPs to bring maximum farmers under the new crop insurance policy while Finance Minister Arun Jaitley asserted that it will address agriculture distress.

Union Budget 2016: NDA MPs hope budget will empower villages, farmers — Union Budget 2016: NDA MPs hope budget will empower villages, farmers

Press Trust of India March 1, 2016 1:33 PM IST

Ruling NDA MPs today hoped that the General Budget's rural pitch will blunt opposition attack and help the alliance in the forthcoming assembly polls.

Union Budget 2016: American investors bullish on Indian budget, says USIBC — Union Budget 2016: American investors bullish on Indian budget, says USIBC

Press Trust of India March 1, 2016 8:51 AM IST

American companies, either having a foothold or planning to set foot in India, are bullish on the latest budget presented by the Modi government, business advocacy group USIBC has said.

Budget 2016: Gujrat CM Anandiben Patel gives 8/10 marks to Budget; Congress terms it 'unimpressive' — Budget 2016: Gujrat CM Anandiben Patel gives 8/10 marks to Budget; Congress terms it 'unimpressive'

Press Trust of India March 1, 2016 5:50 AM IST

I would give eight out of 10 marks to this budget," Patel told reporters here. However, senior Congress leader Shankersinh Vaghela dismissed the budget proposals, saying the NDA government lacks vision in the absence of a learned economist in the Cabinet.

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