The Budget is a valiant attempt to consolidate and rebalance. Despite temptations backed by promptings of a large section of the economists (including the chief economic adviser), the finance minister has stuck to the path of fiscal consolidation and this is a huge plus for the government’s credibility, generally a rare commodity.
Some 363 million poor Indians survive on Rs 47 per day (as per Rangarajan committee estimates). By an interesting 21st century twist to our long and illustrious cultural
The finance minister plans to squeeze India’s 42,800 citizens with incomes above Rs 1 crore per annum, to subsidise the small taxpayers. Not only will they have to shell
India’s 3. 05 crore retail investors including 2 lakh high networth individuals have got a mixed bag in the Budget
Despite finding no mention in finance minister Arun Jaitley’s Monday speech the defence budget was increased by 9. 76 per cent to Rs 2
The Budget 2016-17 has put the right focus on job creation in more ways than one, including through skill development, massive thrust on digital learning at different levels, encouraging startups
To back exports from India, the government on Monday announced its intention of expanding a scheme that refunds tax on products shipped out and extend the time for special economic
The government proposes to open up food processing to foreign companies by allowing them 100 per cent investment in the sector provided they sell products manufactured only in India.
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