Page 17 - Union Budget 2016

PM Modi gets set for 'his exam' today as Jaitley presents Budget 2016

Modi said he was 'full of confidence ahead of his exam', the Budget, by 125 crore people

Budget 2016: Modi, Jaitley have a tough balancing act to do amid worries over growth, reforms

Will his proposals ease the fiscal burden of average citizens, notably individual tax payers, is the question that comes to the forefront

Top 5 tax reforms India Inc seeks from Budget 2016

India Inc's wishlist on tax rationalisation ahead of the Budget today

Start-up climate to attract young audience

When Union Finance Minister Arun Jaitley presents the Budget for FY17, hundreds of 20-something entrepreneurs, app developers, owners of budding start-ups and even founders of multi-billiondollar 'unicorns' would be glued to television. Start-ups have got a lot of importance over the past year, with Prime Minister Narendra Modi personally promoting the start-up revolution in India and unveiling an action plan around the ecosystem. Against that backdrop, entrepreneurs are curious over what's in store for them in this year's Budget.Several employees as well as senior management at India's largest mobile wallet provider would be keeping their morning free on Monday to watch the Budget and do an analysis later. "We will be watching the Budget with a lot of interest and attention. A large number of our colleagues will view the Budget speech online, and spend time on the post-Budget analysis. This is a very important Budget for us. We are a digital company and most of our employees follow im

Laws that make the Budget

A look at some key legal and Constitutional aspects that form the basis of the Budget-making process

T C A Srinivasa-Raghavan: A request to the PM

The PMO should also present an annual report, on the state of politics and society

Publish list of loan defaulters, AIBEA asks Centre

The association said govt should book a criminal case and initiate stringent action against the defaulters

Low defence budget may affect security: Parliamentary panel

Panel's report has suggested that a minimum percentage be fixed for defence expenditure compared to total govt expenditure

Jaitley faces tough task; has to please both farmers and investors

Rising rural distress due to back-to-back droughts have put pressure on FM to spend more on social schemes; no change in tax slabs likely

Start-ups bat for tax sops, investment incentives in Union Budget

iSpirt submits 36-points agenda to the finance ministry that discusses various hurdles startups face today

Budget 2016: Start-ups bat for tax sops, investment incentives

Investors in start-ups also expecting rationalisation in capital gains tax

MFs expect basic income tax exemption going up to Rs 3 lakh

If this is done, it can leave additional liquidity of Rs 50,000 cr with taxpayers, a part of which can go into investments

Stock market looks up to Union Budget for cues

Crude prices, rupee movement, auto sales figures and PMI data will be other market drivers next week

Budget may address retrospective tax concerns

CEA Arvind Subramanian says govt taking consistent steps to deal with the issues to regain investor confidence

Aruna Urs: What rural India wants in the Budget

Finance minister can re-energise agriculture with minimal outlay if he accepts three pro-farmer suggestions

Odisha hails Budget, Tamil Nadu criticises

Odisha is celebrating the biggest largesse from the Railway Budget 2016-17, while Tamil Nadu has slammed it despite getting a Dedicated Freight Corridor.The eastern state, run by an opposition party that is not part of the National Democratic Alliance (NDA), thanked Railway Minister Suresh Prabhu for a 30 per cent increase in outlay in the Railway Budget over last year, although the Bharatiya Janata Party (BJP) ruled out any political realignments.Odisha Chief Minister Naveen Patnaik thanked Railway Minister Suresh Prabhu for allocating Rs 4,682 crore to the state. "Total outlay for Odisha for 2016-17 is Rs 4,682 crore, against a demand of Rs 5,000 crore, a 30 per cent rise from last year's Budget outlay. We appreciate the enhancement in outlay and request the railway minister not to revise this downwards like last year," stated Patnaik, noting that last year's actual allotment was 35 per cent less than the original allotment for Odisha. Noting his government has been offering to bear

Budget 2016: Tweak policy to boost electronics industry growth

The govt & the industry have drawn a vision to boost domestic manufacturing of electronic products to $400 bn.

Difficult job ahead, no magic wand to push growth: CEA

CEA Arvind Subramanian said he has taken a 'realistic' view while projecting a growth rate of 7-7.75% for the next fiscal

Budget 2016: Alternative Investment Funds want parity on taxation

Empowering AIFs can bring capital for start-ups and have positive spillover effects on economy, say investors

'Budget to test govt's pro-growth credentials'

Industry captains want tax sops, shows survey