Page 314 - Budget 2026 News
Railways to have special safety fund of Rs 1 lakh cr
Jaitley announced that 500 stations would be made disabled friendly
 "Railways to have special safety fund of Rs 1 lakh cr")
Cigarette shares gain; ITC hits 52-week high
ITC, Golden Tobacco, VST Industries and Godfrey Phillips India were up 1% to 6% on the BSE.
 "Cigarette shares gain; ITC hits 52-week high")
With only 6% hike in excise duty, ITC cheers Budget 2017
Tax increase is lowest over the past six years but inclusion of sin tax in GST regime a key overhang
Auto shares rally; M&M, Maruti Suzuki up 5%
M&M, Maruti Suzuki, Tata Motors, Hero MotoCorp, Eicher Motors and TVS Motor were up 2% to 5%
 "Auto shares rally; M&M, Maruti Suzuki up 5%")
Digital push in Budget 2017: Duties on POS, biometric scanners removed
FM adds, India is building a ecosytem to make the country a global hub for electronics manufacturing
 "Digital push in Budget 2017: Duties on POS, biometric scanners removed")
Budget 2017: How Jaitley became the darling of the middle classes
From slshing of income-tax rates to filing made simpler, Jaitley delivered plenty of good news
 "Budget 2017: How Jaitley became the darling of the middle classes")
Former RBI Governor Rangarajan finds Budget 2017 a "fairly routine" one
Jaitley proposed bringing down fiscal deficit to 3.2% of GDP in 2017-18 from 3.5% in 2016-17
 "Former RBI Governor Rangarajan finds Budget 2017 a \"fairly routine\" one")
Sensex rallies 500 points, Nifty reclaims 8,700 as investors cheer Budget
The BSE Midcap and BSE Smallcap indices mirrored the gains in frontline indices
 "Sensex rallies 500 points, Nifty reclaims 8,700 as investors cheer Budget")
Jaitley plays big brother to eliminate black money
Govt to screen data of deposits above Rs 2 lakh after November 8
 "Jaitley plays big brother to eliminate black money")
More CPSE ETFs in the offing in FY18
Thus far there have been two tranches of ETFs from the government
 "More CPSE ETFs in the offing in FY18")
Highlights: Jaitley delivers fiscally prudent Budget 2017
Income tax rate cut to 5% for individuals having income between Rs 2.5 lakh-Rs 5 lakh
 "Highlights: Jaitley delivers fiscally prudent Budget 2017")
Government increases allocation for Dalit and minority communities
NITI Aayog to monitor outcome of expenditure on these groups
 "Government increases allocation for Dalit and minority communities")
CBSE won't conduct exams anymore
National Testing Agency to conduct entrance examinations from now
 "CBSE won't conduct exams anymore")
Complete rural electrification by May 2018, hike in MNREGA fund: FM Jaitley
The government has allocated Rs 4,843 crore for electrification in FY18
 "Complete rural electrification by May 2018, hike in MNREGA fund: FM Jaitley")
Fiscal deficit to be contained at 3.2% in FY18, says Jaitley
Revenue deficit will be reduced to 2.1% for 2017-18 from 2.3% in the ongoing financial year, he said
Budget 2017: Govt to give more autonomy for higher educational institutions
Government also promises to fast track science education
 "Budget 2017: Govt to give more autonomy for higher educational institutions")
Govt removes all taxes on PoS machines to push e-payments
Jaitley exempted components from taxes to encourage domestic manufacturing of these devices
 "Govt removes all taxes on PoS machines to push e-payments")
Government to amalgamate labour laws into four codes
Move will enhance labour productivity, says the govt
 "Government to amalgamate labour laws into four codes")
FM woos rural population: Mission to bring 10 mn households out of poverty
The allocation of MGNREGA has also been raised to Rs 48,000 crore
 "FM woos rural population: Mission to bring 10 mn households out of poverty")
Record Rs 3.96 lakh cr allocation for infra sector to spur growth: Jaitley
PMGSY has received an allocation of Rs 19,000 crore
 "Record Rs 3.96 lakh cr allocation for infra sector to spur growth: Jaitley")