GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’ While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that the growth of GDP has accelerated to 7.6% in the current Financial Year. This was possible notwithstanding the contraction of global exports by 4.4% compared […]
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Budget Highlights
Budget 2016-17 : Measures for moving towards a pensioned society
Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make withdrawal up to 40% of the corpus at the time of retirement tax exempt in the case […]
Key Reform Measures in Budget speech 2016-17
Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17 1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2.Total allocation for Agriculture, Farmers’ welfare and Irrigation set at Rs. 47,912 cr, […]
Budget 2016-17 – Major Focus On Agriculture And Farmers’ Welfare 28.5 Lakh Hectares To Be Brought Under Irrigation
Budget 2016-17 presented in Parliament; Major Focus On Agriculture And Farmers’ Welfare 28.5 Lakh Hectares To Be Brought Under Irrigation Rs. 2.87 lakh crore Grant in Aid to Gram Panchayats and Municipalities 100% village electrification by 1st May 2018 A massive mission announced to provide LPG connection to poor households New Health Protection Scheme to provide […]
Press Release : Important Announcements made by Union Finance Minister Shri Arun Jaitley in his Budget speech 2016-17
Important Announcements made by Union Finance Minister Shri Arun Jaitley in his Budget speech 2016-17 1.Big Focus on Agriculture and Farmer’ Welfare (i) Farmer’s income to be doubled by 2022. (ii) 28.5 lakh hectares will be brought under irrigation under Pradhan Mantri Krishi Sinchai Yojana. […]
Seventh Pay Commission: Modi Govt ready to implement ‘salary hike’ recommendations
Seventh Pay Commission: Modi Govt ready to implement ‘salary hike’ recommendations New Delhi, Feb 27: Giving the hint that Centre is all set to implement Seventh Pay Commission, Government said that ‘salary hike’ will have little impact on inflation. This was stated in the Economic Survey tabled in the Parliament on Sunday. Read more: 7th […]
Budget 2016: 10 Income Tax Expectations From Arun Jaitley
Budget 2016: 10 Income Tax Expectations From Arun Jaitley Today Budget 2016 is expected to woo tax payers with some relief, despite challenges on the fiscal front. Finance Minister Arun Jaitley had announced incremental tax benefits for common taxpayers in his previous two budgets, raising expectations of more tax sops on Monday. Analysts say income […]
Arun Jaitley Presents Third Budget – Live Update Minute by Minute
Arun Jaitley Presents Third Budget – Highlights There are enough indications to suggest that the Union Budget for 2016-17 will primarily focus on stimulating growth. The Government is expected to unveil a road map for big-ticket disinvestment, announce increases slightly more generous than the recommendations of the Seventh Central Pay Commission, the lowering of the […]