Budget 2017: Railways to focus on passenger safety, cleanliness and other reforms

Feb 01, 2017, at 10:07 pm

New Delhi, Feb 1 (IBNS): Finance Minister Arun Jaitley, while presenting the Union Budget 2017 on Wednesday, which included the Railway Budget for the first time, has proposed among other things, to introduce a 'coach mitra' facility that will be a single window interface to register all coach-related complaints and requirements.

Budget 2017: Income tax for MSMEs with annual turnover upto Rs. 50 Crore is reduced to 25 per cent

Feb 01, 2017, at 09:03 pm

New Delhi, Feb 1 (IBNS): Presenting the General Budget 2017-18 in Parliament on Wednesday, Union Finance Minister Arun Jaitley said that the income tax for smaller companies with annual turnover upto Rs. 50 crore is reduced to 25% in order to make MSME companies more viable and also to encourage firms to migrate to company format.

Budget 2017: Anti-graft and rationalisation measures announced in the field of income tax

Feb 01, 2017, at 08:30 pm

New Delhi, Feb 1 (IBNS): The present burden of taxation is mainly on honest tax payers and salaried employees who are showing their income correctly, said Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament on Wednesday.

Budget 2017: No cash transaction above Rs three lakhs proposed

Feb 01, 2017, at 08:15 pm

New Delhi, Feb 1 (IBNS): Union Minister Arun Jaitley in his Budget 2017 speech on Wednesday said that the Government has decided that no transaction above rupees three lakh will be permitted in cash.

Budget 2017: Demonetisation will lead to bigger, cleaner and real GDP, says Finance Minister Jaitley

Feb 01, 2017, at 07:59 pm

New Delhi, Feb 1 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitley, during his Budget 2017 speech, said that the Goods and Services Tax (GST) will spur growth, competitiveness, and greater transparency in economy.