Page 348 - Budget 2026 News

Why Jaitley's EPF tax is godsend for insurance plans and ponzis

If the govt wanted to incentivise NPS, tax should have been on insurance products, and not EPF

Govt blinks on EPF, says only interest on 60% contribution to be taxed

The move to tax 60% of contributions effective April 1, 2016, had been roundly criticised since it would affect all salaried individuals

Budget 2016: PPF remains tax exempt; EPF interest post April 1 to be taxed

From 40%, public provident fund will now be 100% exempt. For EPF, the withdrawn amount would be totally tax exempt if it is re-invested in annuity pension products

3 reasons why the Sensex has rallied over 700 points

The Sensex has come back from a volatile performance on the Budget day. Here are a few reasons why

BS Jury: Maintaining balance between fiscal prudence and rural, infra push

Emphasis on healthcare muted: Dr Reddy's chairman

Lauds dialysis scheme & new health insurance plan, but says a well rounded thrust required to deliver good health to those in need of it

Why Arun Jaitley's move to tax EPF withdrawal is morally wrong

Rather than correcting a bad instrument like NPS, Jaitley and his team of experts preferred to make all pension plans equally bad

Budget 2016: Doubling farmers' income in 5 years a dream, says BKU

Said Rs 5,500 crore allocated for the new crop insurance scheme will benefit insurance companies and not farmers

Defence allocation down to about 1.65 % of GDP, lowest since the 1962 China war

The defence allocation, at Rs 2,49,099 crore, was only marginally higher than last year's Budget Estimates of Rs 2,46,727 crore

Omkar Goswami: The best news - Bereft of heroics

Perhaps the best praise for Jaitley and this Budget is his concern for fiscal prudence

Budget 2016: American investors bullish on Indian budget, says USIBC

Said investment in infrastructure, providing ease of business and certain tax certainties will be good for US investors

FM Arun Jaitley to Raghuram Rajan: It's your turn now

Budget meets additional spending burdens while staying on the fiscal consolidation path; big push for rural India

Gold: Jewellery, refining set to lose lustre

Higher duties could squeeze the sector's margins further

Budget 2016: Infra, rural push may boost core sector

Also, higher allocations for rural schemes should push demand for consumer goods

Corporate tax: Jaitley's big push for small businesses

Rs 4,300-crore dividend tax blow for promoters

Subsidies: Aadhaar to get legal tag for larger role

Bill for targeted delivery of subsidies to be introduced in Budget session

Tax on pension corpus: Jaitley just shrank your retirement kitty

Withdrawals from EPF and NPS to have same tax rates

Budget and impact: Mixed market signals

Jaitley bats for easier tax regime

Finance minister proposes one-time scheme for dispute resolution for past cases under retrospective tax

Budget 2016: With public sector push, Jaitley hopes to boost private investment

Railway, roads in focus; action plan being drawn up to revive unserved and underserved airports