Page 302 - Budget 2026 News
Cheap housing push to boost micro finance in sector
MFI mostly serves people who work in informal sector and hail from middle- and low-income groups
 "Cheap housing push to boost micro finance in sector")
Public shareholding rules may fill coffers
The Centre set in the Budget the highest disinvestment target of Rs 72,500 crore for 2017-18
 "Public shareholding rules may fill coffers")
Govt counts on mergers and IPOs
Target of Rs 72,500 crore for FY17 is highest for any year
 "Govt counts on mergers and IPOs")
Key existing initiatives get a Budget boost
No significant changes in indirect taxes, which will be replaced by GST, says a PwC analysis
 "Key existing initiatives get a Budget boost")
Tax axe on firms with foreign debt
Interest payments in excess of 30% of Ebitda to foreign associates will lose tax exemption
 "Tax axe on firms with foreign debt")
Political parties must file ITR by Dec or lose exemption: Govt
Law related to maintaining confidentiality of the donor may also be changed
 "Political parties must file ITR by Dec or lose exemption: Govt")
Budget failed to push reforms: Chidambaram
Former FM says budget shunned reforms; silent on pushing demand and creating jobs
 "Budget failed to push reforms: Chidambaram")
GST could lead to 25% price hike for smartphones
The demand for mobile handsets in the country has remained flat over the past four years
 "GST could lead to 25% price hike for smartphones")
Your Money: Learn how you can avoid the 10% surcharge
If income is marginally above Rs 50 lakh, you can avoid the surcharge through careful tax planning
 "Your Money: Learn how you can avoid the 10% surcharge")
Ravi Uppal: Core sector concerns ignored
Private sector investment in the core sector remains low and has declined over the last five years
Rating agencies were not a factor at all in our decisions: Shaktikanta Das
Interview with Economic Affairs Secretary
 "Rating agencies were not a factor at all in our decisions: Shaktikanta Das")
Reduction in oil subsidies isn't predicated upon lower prices: Ashok Lavasa
Interview with Finance Secretary
 "Reduction in oil subsidies isn't predicated upon lower prices: Ashok Lavasa")
Budget 2017: Renewed focus on agriculture
Govt will focus on agriculture, with a 24% increase in agri, rural and allied sector allocation
Govt to arm agencies to freeze assets of economic offenders
Confiscation of domestic assets in the initial phase of investigation
 "Govt to arm agencies to freeze assets of economic offenders")
Budget impact: Tax concession to boost masala bond market
These bonds are listed on markets outside India such as the London and Singapore stock exchanges
Budget impact: Merger may create 2-3 oil and gas mammoths
If all the companies are joined together, it would create the biggest company in India
 "Budget impact: Merger may create 2-3 oil and gas mammoths")
Sensex hovers at 4-month high on Budget rally
Apart from auto, capital goods and infra, all sectoral indices notched up smart gains
 "Sensex hovers at 4-month high on Budget rally")
Cummins in a sweet spot to capture growth
Dec quarter performance the best in recent times; higher infra allocation in Budget also positive
 "Cummins in a sweet spot to capture growth")
Budget focus on tax administration reforms
Most measures to benefit govt's programmes but more could have been done, says a PwC analysis
 "Budget focus on tax administration reforms")
Is the post-Budget rally sustainable?
He said real estate sector should be especially happy since it has received specific sops
 "Is the post-Budget rally sustainable?")