Measures may include tax slab and rate revisions for individuals, companies.
'For the first month, we have only had 5.5 million who have paid the tax.' '40 per cent have paid nil as tax; 95 per cent of the taxation for the first two months has come from only 400,000 assessees.' 'So even now, the tax-paying habit, of paying a marginal or negligible amount, or not paying anything at all, is quite prevalent,' reveals Finance Minister Arun Jaitley.
The final agriculture GDP numbers for 2016-17 are expected to be revised up, as rabi production is looking really good.
Congress campaign seeking to paint the ruling party as anti-poor and anti-farmer seems to have unnerved the BJP, feels T N Ninan.
The Raghuram Rajan committee report for evolving a composite development index of states, submitted to the finance ministry today, has a note of dissent from member Shaibal Gupta.
The proposal had attracted strong criticism from the salaried class.
.jpg)
The impact the Economic Survey had on the Budget proposals and the influence the Prime Minister wielded on them deserve close attention.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
Jaitley sets condition of 50% assets for applicability of capital gain tax.
'Power sits lightly on Arun Jaitley's shoulders. Just because earth-shaking election results have brought his party in power, he has not gone recklessly ambitious. "Too soon, too fast" is not what he likes,' says Sheela Bhatt/Rediff.com about Budget 2014.
Bibek Debroy highlights the importance of the Assam Rail Link Project.
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
Entities reluctant to get into new segment till settlement and margin issues are addressed
The government had last week decided to set up the 51 airports to enhance air connectivity to small cities in Andhra Pradesh, Jharkhand, Bihar, Punjab, Uttar Pradesh, Assam, Arunachal Pradesh, Madhya Pradesh, Rajasthan and Maharashtra.
The best way for the railways to become more professional will be to get corporatised.
He has now to show that he can take on the vested interests within the railways which are resisting change through corporatisation
The Bullet train is a childish desire to join an elite club at the cost of 99.9 per cent of rail passengers, says S Pushpavanam.
Reform ideas do not occur overnight and evolve over the years.
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
Despite finance minister's assurance, tax officials seem reluctant to take steps for tackling issues at stake
The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
Ministers may come and ministers may go but the attitude of the RB remains the same forever, and it is this group that really calls the shots in Indian Railways, says S Pushpavanam.
It is possible that the final Budget architecture may be at variance with the comments.
RBI's draft guidelines prescribe that banks with a strong capital base and NPAs below 3% can become brokers.
Railway Budget has not discriminated against any state.
Going by the number of changes Mr Jaitley's next Budget is likely to see, he will go down in the history of Budget-making as the finance minister who ushered in the largest number of changes in a single Budget, says A K Bhattacharya.
The 30-share Sensex ended down 261 points at 28,747 and the 50-share Nifty ended down 83 points at 8,684.
'Our thrust would be on basic facilities first like sanitation'.
The Budget will indicate where the Modi government stands on reforms, growth and development.
Transparency in decision-making process is needed.
Chief Economic Advisor Arvind Subramanian's interview.
India has gone through this exercise twice, and here's what happened then.
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
After the screening, the shortlisted candidates will be vetted by an external committee, to be headed by former RBI governor, Bimal Jalan.
When trains and stations become desirable again, we might have a murder mystery with the Mumbai-Ahmedabad bullet train as a setting.
Merging tribunals may lead to administrative convenience, but pendency of cases is likely to increase
Companies making larger profits are now paying a lower rate of effective tax because of concessions
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances