Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Union budget highlights - 2017

Budget - By: - CS Swati Dodhi - Dated:- 1-2-2017 Last Replied Date:- 6-2-2017 - Union budget highlights: IMF estimates world GDP will grow by 3.4 per cent in 2017. Oil prices, rising dollar and volatile commodity prices seen as risks to Indian econom .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ver to next year. Budget preponement to February 1 will give sufficient time to departments to implement government schemes. Budget agenda is - transform, energise and clean India - TEC India. Approach in preparing the Budget is to spend more on rura .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

which is enough to cover 12 months needs. Allocation under MNREGA increased to 48,000 crore from ₹ 38,500 crore. This is highest ever allocation Total allocation for rural, agricultural and allied sectors for 2017-18 is ₹ 187223 crore, wh .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

st 73-km in 2011-14. For senior citizens, Aadhar cards giving their health condition will be introduced. Two new All India Institute of Medical Sciences(AIIMS) to be set up in Jharkhand and Gujarat. 3500km railway lines to be put up. Service charge o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

etro rail policy will be announced, this will open up new jobs for our youth. Foreign investment promotion board (FIPB) to be abolished. Allocation for infrastructure stands at a record ₹ 3,96,135 crore. Government to set up strategic crude oil .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

law to confiscate assets of offenders who escape the country. Defence expenditure excluding pension at ₹ 2.74 lakh crore. Fiscal deficit for 2017-18 pegged at 3.2 percent of GDP. Fiscal deficit target for next three years pegged at 3 percent. .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

₹ 10 lakh. Of 76 lakh individuals who reported income of over ₹ 5 lakh, 56 lakh are salaried. Small firms with turnover up to ₹ 50 crore to pay 25% tax now, instead of 30%. Black money SIT has suggested no cash transaction above  .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

oposed to RBI Act to enable the issuance of electoral bonds for political funding. Reduction of income tax rate from 10% to 5% for tax slab of ₹ 2,50,000 to ₹ 5,00,000. Surcharge of 10% for those whose annual income is ₹ 50 lakh to .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version