Taxation regime for capital gains from equities needs a relook
Fiscal deficit target faced pressure due to lower growth in gross domestic product than estimated in the Budget
In the last Budget, Finance Minister Arun Jaitley left the slabs unchanged
The fiscal deficit target faces pressure due to less growth in the gross domestic product than estimated in the Budget.
A section of stakeholders also wants LTCG on equities reimposed, but budgetmakers feel such a move may spook institutional investors
The Indian indices have hit all-time highs in the New Year and the sentiment remains strong. All valuations are also at extremely high levels
Allocation for cybersecurity in 2015-16 decreased to Rs 1.05 billion at BE stage and further to Rs 850 million at RE stage; actual expenditure was Rs 682 million
Finance ministry may tweak tax norms for listed stocks
Railway Minister Piyush Goyal said: 'We are planning to completely overhaul the existing signalling system'
Lower growth forecast to add to fiscal pressure
The budget will primarily focus on basic healthcare facilities, primary education, agriculture, infrastructure, says NITI Aayog Vice Chairman Rajiv Kumar
He says, The government will realign its priorities and with a desire to see early results, start spending as well
The finance minister will have more opportunities later in the year to woo voters by doling out freebies
The silver lining is that growth can only improve from here
The benchmark Indian crude oil basket crossed $66 a barrel last week
Allocation to digitisation might go up only a bit
A key concern, given the lower than expected growth, is the adverse impact on fiscal deficit
The government is willing to consider the demand, since health insurance costs have moved centre stage in the policy circles
The dedicated funds are likely to focus on fisheries, poultry, and other animal products
There are demands that the FM look for revenue sources like long-term capital gains on shares, but such a tax will have risks - besides obvious stock market impact, it could scare overseas investors