Economists bat for cut in income tax rates and people-friendly Budget
To bring more digital transactions into the tax net in the Budget 2017 to curb tax avoidance by MNCs
The government that the Budget should carry forward the work done through demonetisation
New accounting reforms being suggested will reflect that: FinMin
Govt keen to show positive demonetisation effects though social spending
The Budget may also introduce a new scheme to pull the poor in the rural areas out of poverty.
IT & telecom industry bodies have sought measures in the Budget to promote ease of doing business
Budget planners for now have been told to prepare with assumption that GST will apply from April 1
This Budget will have Revenue and Expenditure classification instead of Plan & Non-Plan Expenditure
SAP would be have to prepared by every ministry and department with detailed timelines and budgets
Focus on fixing gaps in existing schemes rather than launching new ones
The Budget may be advanced to January last or the first week of February
The Narendra Modi government is bringing forward the Budget to pass the Finance Bill before April 1
Govt must refrain from any surprises like retro on tax front
Railways may have to seek government loan to meet revenue shortfall
The Niti Aayog is preparing 15-year vision document that will replace the 5-Year Plan from next FY
Interview of Economic Affairs Secretary Shaktikanta Das
Experts say the move would give the railways the flexibility to make its own pricing policy
Railways pays about Rs 10k crore a year to the FinMin for getting the gross budgetary support
Rail, FinMin officials discussing issues like pension, dividend, budgetary support