Budget 2017: Benefits announced for NPS subscribers
New Delhi, Feb 2 (IBNS): The Finance Bill 2017 laid down in the Parliament on Thursday introduced several new benefits for National Pension System (NPS) subscribers.
Jaitely increases 48% fund allocation for NE development
Guwahati, Feb 1 (IBNS) : Even not a single special project announced for the North East India in the Union Budget 2017-18, Union Finance Minister Arun Jaitely increasing overall fund allocation to the region by 48% in his fourth budget against the previous budget.
Budget: Reforms will be undertaken in UGC
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament today said that in higher education, the Government will undertake reforms in the UGC.
Budget 2017: Railways to focus on passenger safety, cleanliness and other reforms
New Delhi, Feb 1 (IBNS): Finance Minister Arun Jaitley, while presenting the Union Budget 2017 on Wednesday, which included the Railway Budget for the first time, has proposed among other things, to introduce a 'coach mitra' facility that will be a single window interface to register all coach-related complaints and requirements.
Budget 2017: Income tax for MSMEs with annual turnover upto Rs. 50 Crore is reduced to 25 per cent
New Delhi, Feb 1 (IBNS): Presenting the General Budget 2017-18 in Parliament on Wednesday, Union Finance Minister Arun Jaitley said that the income tax for smaller companies with annual turnover upto Rs. 50 crore is reduced to 25% in order to make MSME companies more viable and also to encourage firms to migrate to company format.
Budget 2017: No cash transaction above Rs three lakhs proposed
New Delhi, Feb 1 (IBNS): Union Minister Arun Jaitley in his Budget 2017 speech on Wednesday said that the Government has decided that no transaction above rupees three lakh will be permitted in cash.
Budget 2017: Demonetisation will lead to bigger, cleaner and real GDP, says Finance Minister Jaitley
New Delhi, Feb 1 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitley, during his Budget 2017 speech, said that the Goods and Services Tax (GST) will spur growth, competitiveness, and greater transparency in economy.
Budget 2017: Five new special tourism zones proposed
New Delhi, Feb 1 (IBNS): Finance Minister Arun Jaitley while presenting the Budget 2017 on Wednesday said that five special tourism zones will be created over the next financial year, according to media reports.
Budget 2017: New law to freeze assets of offenders who flee, bad news for Mallya
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley, while presenting the Budget 2017 on Wednesday, said that the government proposes to freeze the assets of offenders who flee the country, according to media reports.
Jaitley begins Budget 2017 Speech, says demonetisation will improve GDP
New Delhi, Feb 1 (IBNS): Indian Finance Minister Arun Jaitley began presenting the Union Budget 2017 at 11 am on Wednesday batting for the demonetisation policy of PM Modi after initial confusion on whether the budget would be postponed owing to the death of a lawmaker.