Page 5 - Budget 2018

Letters to BS on special news coverage on the Union Budget 2018

The government could have heightened the spirit of imaandari ka utsav by introducing direct tax reforms for salaried taxpayers

Five takeaways from Arun Jaitley's fifth Budget

Weakening public sector capacity and lower PSU dividends are a cause for concern

Budget 2018: How to tax intuitively

Govt imposed a 10% tax on long-term capital gains - mainly on equity funds and share purchases made after February 1, 2018

Budget 2018 impact: Equity MF schemes with dividend option may lose assets

Collectively, over 400 equity mutual funds with growth option manage assets worth Rs 1.5 trillion

Budget 2018 impact: Sebi gets more power to penalise stock exchanges

Sebi, alongside giving directions, is now being empowered to levy a penalty

Budget 2018 impact: Nervous times for debt market; bond yields hit new high

There could be a sudden issuance of massive amounts of corporate paper in a rising yield scenario

Budget 2018: Steel PSUs' capex slashed by 11% to Rs 113 bn for FY19

The government had budgeted Rs 126.37 billion for these public sector undertakings for the current fiscal

Budget 2018: Don't overreact to bond mkt with rate hike, Assocham tells RBI

It said the concerns over the minimum support price (MSP) leading to increase in retail inflation are 'exaggerated'

Budget 2018: Investors could lap up Ulips to skirt LTCG tax, says report

Meanwhile, mutual fund experts are of the opinion that the taxation move on equity gains as well as on dividends from mutual funds could pose a small hurdle

FPI inflows at $3.5 bn in January on expectations of better earnings

However, the pace of FPI flows may slow down in the short term due to the new tax introduced on equity investments

Budget 2018 not 'populous', Delhi pollution scheme lacks substance: SANDRAP

The recently released Economic Survey had called the national capital one of the unhealthiest cities in the world in terms of air pollution

Budget 2018: Makers of medical devices feel the pinch with 10% customs duty

Local players claim that if no corrective action is taken then 25 per cent of units may close in the next two years

Why stop at Hindi?

The Budget should be translated into every Indian language

Budget 2018: More money in TuF scheme to stoke investment in textile sector

There is a 14 per cent increase in the allocation at Rs 23 billion for 2018-19

Budget 2018: Centre allocates Rs 108 bn to Department of Space for R&D

The allocation includes about Rs 89.63 billion for various space-related projects of the department, and also the targets to be achieved in the next fiscal year

Budget 2018: Number of proposals attempt to simplify taxpayers' lives

E-assessment, amendment of Section 143(1), and introduction of standard deduction aim to make it easier for taxpayers to comply with tax laws

BMW to Harley: Luxury cars, premium bikes costlier on duty hike post Budget

The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson.

How Jaitley punctured Bitcoin mania: Global prices slid 25% after Budget

The issues around cryptocurrency use and taxation remain; the segment insists it is committed to helping stop illegitimate use, suggests the govt should work with it

Budget 2018: How Jaitley punctured Bitcoin mania

Will 'ModiCare' succeed? Majority on Facebook, Twitter say no: BS poll

68% voters on Facebook and 57% on Twitter are of the opinion that the scheme is unlikely to succeed