Page 3 - Budget 2018

Budget 2018 I-T relief for individuals: No more notices for filing mismatch

I-T department will stop sending demand notices to individuals even when it finds discrepancies in the income reported by them in their returns when matched with the data from third-party entities

A protectionist turn: Customs duty hike in Budget 2018 is a step backwards

What is unfortunate is that the hike comes at a time when the rest of the neighbourhood is close to concluding CPTPP

Budget impact: RBI may keep policy rates unchanged, talk tough on inflation

We expect the Monetary Policy Committee to tilt towards a hawkish tone from its neutral tone, say economists

Budget 2018: Jaitley creates two funds worth Rs 100 bn for animal husbandry

Taken together, the value of new funds is around 30% more than total budgetary allocation for entire agriculture ministry

CRISIL SME TRACKER: Budget 2018's focus on MSMEs to spur job creation

The MSME sector employs over 111 million people and contributes nearly 31 per cent of India's GDP

Budget 2018: Why are markets selling off in India? All you need to know

We are in for a correction; investors can use this pause to upgrade their portfolio

Budget 2018: Staring at a full-scale bear market

The dip on Wall Street is very likely to lead to poor sentiment elsewhere in the world including on Dalal Street

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

LTCG tax to apply on shares sold after Apr 1, evaluation on Jan 31 price

Finance Minister Arun Jaitley in his Budget for 2018-19 announced levying long-term capital gains tax on profits made from share sales

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