Page 28 - Budget 2018

Expecting a populist Budget 2018? FM's hands could be tied by fiscal constraints

The Finance Minister is in an unenviable position of having to meet multiple expectations ranging from that of corporates or businesses seeking "relief" after GST implementation

For Budget 2018, FM Arun Jaitely skip WEF 2018 summit at Davos

Jaitley will present the Union Budget, the fifth and final one of the current the government, on February 1

Union Budget 2018 to bring income tax cheer? Here's why this EY survey thinks so

About 59% of the respondents were of the view that multiple outdated deductions would be replaced with a standard deduction in order to reduce the tax burden of employees

Budget 2018: Expect rural boost, relief for middle class through tax cut

The focus on infrastructure spending to revive the capex cycle should see higher allocations for roads, railways, power programmes

PM Modi indicates Budget 2018 may not be populist, open to more changes in GST

The PM also rejected criticism of providing jobless growth, saying "lies" were being spread about employment generation

Budget 2018: Budgetary support for Indian Railways to be cut by 27% in FY18

The revised support for 2017-18 will be 13% less than the Revised Estimates (RE) of Rs 463.5 billion in 2016-17

Union Budget 2018: This is what the automobile sector wants from FM Arun Jaitley

The automotive industry wishes for fewer GST slabs for vehicles and streamlining of compliance processes. Automotive component GST rates may be standardised to 18%.

Jaitley should contain fiscal deficit in Budget 2018: Noted economist

The government is aiming to contain fiscal deficit for the current fiscal at 3.2 per cent of GDP

Domestic, global taxation: Will Budget 2018 clear the haze around BEPS?

The government is already under pressure to lower the corporate tax rate to 25%, especially after US rates were cut from 35% to 21%

Budget 2018 to be historical; Railways' capital investment to triple: Goyal

Goyal also said that the Mumbai local train would soon be revamped and all issues would be solved in the coming five years

Budget 2018: Animal rights body wants funds for cow shelters, grazing land

The Federation of Indian Animal Protection Organisations has also demanded increased funds for street animal care through the Animal Welfare Board of India

Budget 2018: FM Arun Jaitley performs 'halwa ceremony' ahead of session

The significance of this is the commencement of printing of documents related to the budget

Budget 2018: Unfair to judge me on demonetisation and GST only, says Modi

On the criticism related to demonetisation and GST, Modi said his government's achievements were much beyond these two reforms

Budget 2018: Reeling under dwindling exports, AEPC seeks several relief

Reeling under a three consecutive fall in export growth and marginal refunds on Goods and Services Tax (GST), the Apparel Export Promotion Council (AEPC) has written to the government seeking 12-15 types of relief including restoration of duty drawback and refund of state levies (ROSL) to pre-GST rates as well as exemption for exporters from GST, among others. The apparel industry has seen a consecutive -39 per cent, -11 per cent and -8 per cent growth figures in apparel exports for the months of October, November and December 2017, according to HKL Magu, chairman of AEPC.From seeking restoration of export incentives at pre-GST rates 7.5 per cent duty drawback on cotton apparels and 3.5 per cent ROSL to exemption of 18 per cent taxes levied towards air freight charges under GST, the apparel export body has made around 8-10 demands ahead of the budget. "We have been asking the government to support the apparel exporter to survive. There have been blockages of funds as between July and .

Budget 2018: Time for India to build skills via enabling education infra

It is imperative for the country to ensure the development of requisite skills to reap its demographic dividend advantage, and Budget 2018 could play a very important role in this

Budget 2018: Wish list of various Sectors from Budget 2018-19

Expecting sops and concessions from the Budget 2018

Union Budget 2018 : The Common Man's Expectations from Budget 2018

Budget 2018 is one where expectations of the common man are riding high.

Budget 2018: Custom duty rejig may make smartphones, gadgets costlier

Through this, the government will address inverted duty structures-finished goods facing lower duty than the inputs that go into them

Budget 2018: Auto industry seeks reforms to improve better infra, logistics

To make the business scenario more conducive, it is important that the rationalisation of corporation tax continues in line with the pre-defined road map, say industry leaders

Budget 2018: Real estate wants infra status widened beyond affordable homes

Industry also seeks higher tax benefits for home buyers, especially as the unit prices in metro cities are higher