Page 312 - Budget 2026 News
Income tax for small firms slashed to 25%
Jaitley said revenue foregone estimate for this measure is expected to be Rs 7,200 crore per annum
 "Income tax for small firms slashed to 25%")
Higher credit may help farmers adopt more scientific ways: Experts
Budget announced a credit target of Rs 10 lakh cr for FY18
 "Higher credit may help farmers adopt more scientific ways: Experts")
Govt to phase out tax sops on Rajiv Gandhi Equity Scheme
In 2013-14, income ceiling of beneficiaries was raised to Rs 12 lakh from Rs 10 lakh
 "Govt to phase out tax sops on Rajiv Gandhi Equity Scheme")
Capital gains tax exemption to benefit over 24,000 farmers in Amaravati
Exemption is given to those who had contributed to land pooling for the Amaravati construction
 "Capital gains tax exemption to benefit over 24,000 farmers in Amaravati")
IRCTC, IRCON to be listed: Railways mega holding co on the backburner?
Railway authorities termed listing of these companies as a 'shocker'
 "IRCTC, IRCON to be listed: Railways mega holding co on the backburner?")
Payments industry hails Budget sops, cap on cash transactions
FM announced creation of a Payment Regulatory Board within RBI
 "Payments industry hails Budget sops, cap on cash transactions")
Clarification on schemes' merger in Budget relieves mutual fund investors
Industry executives say it will further boost consolidation of schemes
 "Clarification on schemes' merger in Budget relieves mutual fund investors")
Prabhu calls Rs 1.31-lakh cr allocation for railways capex 'unprecedented'
He said the infrastructure investment will spur growth
 "Prabhu calls Rs 1.31-lakh cr allocation for railways capex 'unprecedented'")
Union Budget tabled in Rajya Sabha
Jaitley met and greeted Manmohan Singh and shared a few moments with him.
 "Union Budget tabled in Rajya Sabha")
Budget 2017 has sops for selling property but restrictions on buying
Holding period for long term capital gains tax brought down to two years from earlier three
 "Budget 2017 has sops for selling property but restrictions on buying")
Air India to get Rs 1,800 crore from govt in FY18
For 2016-17, the govt had allocated Rs 1,713 cr to the airline against a demand of Rs 3,911 cr
 "Air India to get Rs 1,800 crore from govt in FY18")
Service tax rate left untouched; GST outreach programme to be launched
Currently, services are taxed at 14%. After cess, it works out to around 15%
 "Service tax rate left untouched; GST outreach programme to be launched")
Govt moves to curb 'sham' deals in stock market
The measure, part of the Union Budget 2017-18, would be effective from April 1, 2018
 "Govt moves to curb 'sham' deals in stock market")
Budget: Govt to frame new rules on medical devices to draw investments
Like pharma sector, medical devices industry hasn't been able to achieve eminent global position
 "Budget: Govt to frame new rules on medical devices to draw investments")
IRCTC, IRCON, IRFC to be listed on bourses: Jaitley during Budget address
Government will continue to use the ETF route for disinvestment of PSUs
 "IRCTC, IRCON, IRFC to be listed on bourses: Jaitley during Budget address")
Higher MGNREGA allocation shows govt expects post-note ban rural distress
The Budget has been aimed, in part, to mitigate the damage from the government's surprise note ban
 "Higher MGNREGA allocation shows govt expects post-note ban rural distress")
Cigarettes, tobacco products to turn costlier; online rail tickets cheaper
Booking railway tickets online will be cheaper
 "Cigarettes, tobacco products to turn costlier; online rail tickets cheaper")
Corporate tax for small companies reduced to 25%
Big companies could feel let down
 "Corporate tax for small companies reduced to 25%")
Budget looks to strike balance between fiscal prudence, populist measures
No significant relaxation in fiscal deficit target can be expected
 "Budget looks to strike balance between fiscal prudence, populist measures")
Budget 2017-18: Railway companies to be listed on stock market
Government to also identify other PSUs for listing soon