Budget 2018: Jaitley said the government would spend more on agriculture, livelihood and infrastructure in the rural area
The Budget has introduced long-term capital gains tax, proposed at 10%
Target for 2018-19 raised to Rs 800 billion
The FM announced that the Centre would leverage the India Infrastructure Finance Corporation Limited to help finance major infrastructure projects
The Department of Telecommunications has already sought the recommendations of Trai on price and timing of the next spectrum auction
Move aimed at increasing participation of women in formal sector workforce
The change in the GST norms are in the interest of the hospitality industry
Funds created for aquaculture, farm marketing; farmer produce organisations get a tax boost
FM said the govt would launch a flagship called the National Health Protection Scheme to cover over 100 million poor and vulnerable families
Rs 12 bn proposed for free drugs and diagnostic tests, benefits to be provided through creation of 150,000 health and wellness centres
The Budget has imposed a tax of 10 per cent on long-term capital gains on equities and related instruments, thereby reducing its attractiveness
Although the imposition of LTCG tax, along with STT, is seen as a negative, the market took the news in the stride due the manner of implementation
Reintroduces long-term tax after 14 years; imposes 10% tax on dividend distributed by equity MFs
As expected, the FM Arun Jaitley announced fiscal slippage of 30bps in FY18
After Finance Minister Arun Jaitley's Union Budget 2018-19, EY analyses the impact of the announcements on each of the 50 midcap stocks listed on the NSE
Bond dealers are reckoning on at least one rate hike in the second half of the next financial year
The growth projection for FY18-19 is basically in line with the forecast of the IMF
Fixed capital formation, which accounts for 70% of the capital spend, shows a worrying trend
CPI leader D Raja said the Budget shows the "desperate attempts of the government to hoodwink the people" in 2018
The measures particularly in agriculture may not be enough to revive the sector and double the farm income