Union budget: New horizon for the healthcare sector

Budget, presented on February 1, 2017, has laid emphasis on extraordinary efforts for the common man in our country, with path-breaking income tax reforms by slashing IT slab from 10 percent to 5 percent and reducing the tax rate for companies with an annual turnover up to Rs 50 crores, to 25 percent, for strengthening the emerging MSME sectors.

IMF sees India to grow fastest in major economies across the globe and we are seen as engine of global growth. FII has increased from Rs 1.07 lakh crore to Rs 1.45 lakh crore, which makes India the sixth largest manufacturing country