For the first time in the history of Budget-making in India, a single Budget will touch 65 crore Indians, says Shailesh Haribhakti.
Budget 2018 bears imprints of a government unsure of second term with clear majority, says Shekhar Gupta.
Hindustan Motors on Wednesday announced a marginal 0.5 per cent increase in Ambassador prices and 0.3-0.5 per cent on all Trekker variants following the announcement of a two per cent education cess in the Union Budget.
Honda Siel Car India has hiked prices of its 'City' and 'Accord' models following the announcement of a 2 per cent cess on all the major tax heads for education.
Why do I want to bring corporate tax from 30 per cent to 25 per cent? I have to attract investment in this country -- not just international but domestic.
The fall in international oil prices had resulted in six consecutive reduction in petrol prices since August and two in diesel in the last one month and there was possibility of another round of cuts this weekend.
Shadow of elections may overshadow political consensus at GST Council meetings.
A total of 64,275 declarations were made under the scheme, an average of Rs 1 crore per disclosure. This is expected to translate into tax collection of about Rs 30,000 crore from the scheme, of which the government exchequer should get around Rs 15,000 crore by the end of 2016-17.
Large states like Andhra, Chhattisgarh, Gujarat, Himachal, MP, Odisha, Punjab and Tamil Nadu would need compensation from the Centre
Any residual amount left in the Compensation Fund after five year compensation period shall be shared equally between the Centre and the states.
Converting what was supposed to be an interim budget or a vote on account into an almost full-fledged budget announcement in the Lok Sabha, Finance Minister Piyush Goyal proposed an array of incentives for both middle-class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections.
Javadekar was addressing the 18th BASIC ministerial meeting on climate change here which is being attended by ministers of Brazil, China and South Africa.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The change in the peak rate will not alter the 4-slab rate structure of 5, 12, 18 and 28 per cent agreed upon last year, but is only a provision being built into the model law to take care of contingencies in future, two officials in the know told PTI.
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
This would include state capitals and 53 cities with a population of 10 lakh each.
CAs not sure if individuals declaring unaccounted money will get immunity from reassessment as these provisions are not covered in the Bill.
The premium on insurance policies will get costlier by 3 per cent to 7 per cent, depending upon the rate fixed by the GST Council from April 1, 2017, says Harjot Singh Narula.
India on Friday signed the historic Paris climate agreement in the United Nations along with more than 170 nations.
The major reason for the policy confusion over e-vehicles is the lack of conviction within government about the utility of this disruptive technology and its role in India's larger Paris Agreement climate change commitments.
Principal economic advisor, Ila Patnaik, is coordinating the work on Economic Survey 2013-14.
An estimated 223 people have lost their lives since August 8 in Kerala's worst floods in decades that has caused damage worth more than Rs 20,000 crore.
The government introduced the 122nd Constitution amendment Bill.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
"We refuse to grant any relief," the SC said.
The NITI Aayog's views are in contrast to the National Health Policy.
Rs 6,000-cr disclosure just four days before scheme ends
In a bid to discourage junk food culture,a 14.5 per cent 'fat tax' on burgers, pizzas and pasta will be levied.
'The middle class stood by the BJP, especially after demonetisation, and they expected something in return.' 'Some section of the BJP believes the middle class is condemned to vote for the BJP as they have no other choice.' 'They think they can treat them any way, still the middle class will run to vote for it.' 'That's what the Budget seems to convey.'
The Budget proposal will help startups with better incubation, talent and capital
There are a couple of proposals, however, whose goals are not easily achievable.
The government has at last commenced important structural reforms.
What is required from government is intellectual framework.
The passenger car segment, in comparison, remained sluggish and grew a modest 1.9 per cent to 162,566 units in April
Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.
Haryana government's 'Gau Sewa Ayog' said the step will prevent unscrupulous elements from extorting money and harassing people in the name of cow protection.
'After Vajpayee-Advani, Modi-Shah is the second best in India.'
The Committee headed by senior BJP leader Yashwant Sinha had proposed no tax on income of up to Rs 300,000 per annum; 10 per cent for Rs 300,000-10 lakh (Rs 1 million); 20 per cent, for Rs 10-20 lakh (Rs 1-2 million) and 30 per cent on annual income beyond Rs 20 lakh (Rs 2 million).
BSE Auto index fell over 0.5% after reports that automobiles might get costlier post GST
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