Published: Wed, February 01, 2017
Markets | By Erika Turner

Union Budget 2017-18 by Arun Jaitley

Union Budget 2017-18 by Arun Jaitley

According to Indianeconomy.net, as per the June 2016 FDI policy revision, the FIPB could give recommendations of FDI proposals below Rs 5,000 crore to the minister of finance for consideration. There is a need to revisit the existing import duty structure for hybrid vehicles.

The dramatic move to scrap 500 ($7.60) and 1,000 rupee notes was meant to crack down on corruption and so-called black money or illegal cash holdings.

Stay tuned for complete updates on Budget 2017 new entries and highlights in a few hours.

Mr. Shubh Bansal - Co-founder and Chief of Marketing & Growth at Truebil.

Leaders from the tech industry have given their views and opinions about how the budget is going to be crucial for the industry. There are expectations that government will increase the disposable income.

17 in preseason coaches' poll
The Sooners have been ranked in every single preseason poll along with Michigan, UCLA and Washington. Georgia is ranked No. 12, Missouri is No. 17, Texas A&M is No. 19 and Kentucky is No. 20.

Since financing infrastructure development requires fiscal space, the finance minister, Arun Jaitley, might opt for a flexible fiscal deficit target for the next financial year and raise the disinvestment target.

Jaitley might bring cheer to this demonetization-beleaguered middle class by increasing the tax exemption limit to three lakhs. Rationalisation of tax structure is also expected keeping in mind the disruption caused by GST.

"For good crop, adequate credit must be available to farmers in time", Jaitley said, adding that the farmers will also benefit from the 60-day interest waiver recently announced for loans taken from co-operative societies.

As the United Kingdom is the largest G20 investor in India - employing 1 in 20 people in the Indian organised private sector - the Indian budget is important to them, and through this submission they have made several important recommendations that will accelerate growth and prosperity in India.

The Federation has also demanded separate regulations for the contract industry. The focus should be on clearing legacy issues under the present regime and spelling out a clear road map for implementing GST.

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