Budget 2018

There is a need to revisit the corporate tax rate in Union Budget 2018-19, to be presented to Parliament on February 1: Expert

Lower revenue collection, in turn, puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction

With the passage of the Finance Bill and the Appropriation Bill, the budget exercise is complete in the lower house

He said the Modi government remains committed to fiscal prudence and demonstrated it by bringing down fiscal deficit from 3.9%

So far in the 16th (the present) Lok Sabha, the average productivity of Lok Sabha is 85%, and that of Rajya Sabha is 68%

The marginal increase in Budget Estimates barely accounts for inflation and does not even cater for the taxes, says army's vice chief, Lieutenant General Sarath Chand

Governments in almost all market economy countries intervene to a greater or a smaller degree in their industries. India, finally, might be on the same path

The six Budgets analysed are of Chhattisgarh, Kerala, West Bengal, Jammu & Kashmir, Rajasthan and Uttar Pradesh

With rising media interest in Budgets over the years governments have used them as propaganda vehicles

The slippage in the fiscal deficit target for FY18 was not due to poor Budget formulation or design but a consequence of factors that were beyond the control of the Ministry of Finance

Aam Aadmi Party found more traction on social media in its criticism of Budget compared to Congress

It is likely that the farmers have tasted blood. Their agitation has succeeded even though it is work in progress

The duty hike on 40 categories of goods, which make up about a fourth of total imports, will augment total customs collections in 2018-19 only by 19%, lower than the current year's 25%

Major change proposed by Finance Bill is introduction of the concept of taxing income in India based on 'significant economic presence'

The move is aimed at deepening the corporate bond market and encourage companies to tap this route for funds

India's urban housing crisis will only aggravate further if the government fails to listen to the needs of this large cross-section of urban populations

The finance minister's emphasis on the need to move away from blackboards to digital boards signifies the role that technology must play in improving the quality of education

Finance Minister Arun Jaitley in his Budget speech lowered the corporate tax rate to 25 per cent from 30 per cent for companies with a turnover of up to Rs 2.5 billion

Presently, Philips India is operating 36 PPPs in different tier II and III cities

Chidambaram added that the government could have chosen to solve one of the challenges of fiscal consolidation, acute distress in the farm sector, delivery of welfare and job creation