BUDGET 2017 FEATURES
Budget 2024: Zerodha's Nithin Kamath proposes big change in capital gains from the sale of property to boost startups
Nithin Kamath, co-founder of Zerodha, has raised concerns about structural unemployment among Indian youth, emphasizing the need for targeted measures in the upcoming Union Budget. Despite India's impressive economic growth rates, issues with job creation persist, particularly in formal sectors. Kamath highlighted the importance of stimulating entrepreneurship in rural areas often overlooked by traditional investors, proposing amendments to tax laws to incentivize startup investments. He suggested extending tax exemptions currently applicable to residential property reinvestments to include investments in startups, aiming to bolster economic growth and address youth unemployment.
Ready for 2024: Modi sarkar signals poll comfort in Budget
The key highlight of that interim budget was the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) initiative, with an outlay of Rs 75,000 crore. Though the scheme had been in the works, there was a sense of urgency after the state defeats in November-December 2018. PM-Kisan entails the direct transfer of Rs 6,000 to small and marginal farmers.
Budget Basics: Your complete guide to what each budget document holds
The Union budget consists of more than a dozen documents. The budget is structured to present it with clarity and in a detailed manner, following the law. Mandatory documents include the Annual Financial Statement, Finance Bill, and Fiscal Policy Statements. The budget begins with the finance minister's speech summarizing the economy, projections, policy focus, and allocations.
10 Best Mobile Phones under 8000 in India 2024
Can you imagine your life without a mobile phone? The answer would be no, mobile phones are no longer a luxury but a necessity. Though there is a wide range of mobile phones in the market, finding a suitable mobile under your preferred price range still remains a difficult task. Therefore, this list of the best mobile phones under 8000 is here to help you.
Deficit cut, billionaire tax: What is in Biden's budget?
The president is proposing a 25 percent minimum tax on the wealthiest 0.01 percent, or those with wealth exceeding $100 million, according to the budget proposal released Thursday. He also seeks to raise the corporate tax rate to 28 percent from 21 percent, undoing legislation passed under his Republican predecessor Donald Trump in 2017.
GST on digital services: Budget 2023-24 broadens scope of OIDAR
The levy of tax on Online information and Database Access Service (OIDAR) was introduced in India in 2001 under the erstwhile service tax regime and in 2016 the ambit of services was widened to include several digital services into the tax fold.
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Ease of GST compliance: Still a distant dream
GST compliances which were envisaged to be easier and less complex, have turned out to be a compliance nightmare with multiple and frequent changes in the tax returns and reporting requirements.
Union Budget 2023: The way forward for cryptocurrencies in India
Union Budget 2023: Being a fairly new and predominantly unregulated sector, crypto-assets/cryptocurrencies can be a pathway to a whole new world of innovation as it introduces newer ways of how one interacts on the internet. On the other hand, virtual currencies, like any other human invention, are not free from the risk of misutilization. Such risks in the crypto industry include market instability and illicit financing.
Budget 2023 should bring tax parity between mutual funds and NPS
To help mutual funds penetrate further into smaller towns and cater to investors long term goal like retirement, here are a few recommendations made by Association of Mutual Funds in India (AMFI) for the Budget 2023.
Union Budget 2023: How PM Modi’s reforms in eight years armed India to be the next dragon in global economy
Union Budget 2023: India had just peeked into the list of top 10 economies in 2014. In a space of eight years, it has galloped to outshine its former ruler, the United Kingdom, to become the fifth-largest economy in the world. But India’s growth story is perhaps just starting.
Happy birthday, Prabhas! 'Project K', 'Salaar' & 'Adipurush' among Telugu superstar's big-budget 2023 line-up
Prabhas will be seen in some of the most expensive Indian films of 2023.
Are FM's clean energy, EV announcements in line with India's climate commitments? Experts weigh in
"The FM also mentioned explicitly that climate risk is among the strongest negative externalities. So far this has been a strong acknowledgement and case for climate action. Devil lies in details and the industry will be hoping for more policy and investment details to see if the private sector is meant to take the lead in energy transition," Aarti Khosla, Director, Climate Trends said.
View: Why India’s illusory V-shaped rebound shouldn't prompt premature fiscal conservatism
The persistent fragility of Indian households, amid rising wealth and income inequality, will require prolonged fiscal support.
Christopher Nolan's 'Tenet' locks India release date, to hit theatres on December 4
Kapadia said the film will be best enjoyed on the big screen thanks to its visual scale.
View: Limited revenues will not hold back Budget 2020 from featuring new schemes that induce overspending
Despite catchy slogans, we have built a bloated bureaucracy that has no bearing with the digital age.
Intel Elyt Dual review: Now, get portrait selfies on a budget
The Elyt Dual features an 8MP + 2MP front camera setup along with an LED flash.
Electoral bonds likely to carry validity of 15 days
As per the electoral bond mechanism, the proposed bonds will resemble a promissory note.
The Economic Wealth Budget Edition 2017
The ET Wealth Budget Edition 2017 Delhi, 30 January 2017 The Union Budget will be announced tomorrow, 1 Feb 2017, by Finance Minister Arun Jaitley. It will b...
Delhiites have to pay lowest taxes as AAP govt announces cuts on VAT on various items
The focus of the AAP government is on consolidating its core strengths as it closes the year with lower revenue and expenditure for 2016-17 .
US industry bodies welcomes budget, say it builds on reforms
"The industry welcomes positive steps in the affordable housing segment, bringing the 'Housing for All' scheme a step closer to reality."
Budget 2017: Can government walk its impressive talk?
It is aware of them and makes frequent references to the need for accelerating growth through raising consumer demand and increasing investment.
Budget 2017 addresses key issues of Railways, challenge is implementation
A positive feature is that physical targets for 2016-17 have either been achieved or exceeded; there is great need for investment in safety.
Delhi Police gets Rs 6,378 crore in budget
Of the total amount allotted in the 2016-17 Budget, Rs 439 crore has been granted for police infrastructure that comprises office and residential building projects.
Mutual fund players share their view on Budget 2017
Fiscal discipline remains the focus and there are no major changes in tax policies, particularly related to capital gains in the budget 2017.
Most important features of Budget 2017 that you shouldn't miss
Here some of the key features of Union Budget 2016-2017 that you shouldn't miss.
Budget 2017 may focus on skilling youth, creating jobs
The President's address to Parliament on Tuesday noted that the government had been working to create new avenues and make technical education more accessible.
On fiscal 2017-2018, Economic Survey is being a bit pessimistic: Rajiv Kumar, General Director, FICCI
The very weak investment climate and the decline in investment over the last almost four years must be the dominant theme in the Economic Survey.
Union Budget 2017: Nine important features to look out for
There are expectations that finance minister Arun Jaitley will announce tax rebates and incentives to encourage transactions through cards and digital means.
Expecting tax incentives for affordable housing in Budget 2017: Gagan Banga, Indiabulls Housing Finance Ltd
Gagan Banga says that demand for home loans has come back and January is turning out to be a very-very steady month.
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