Only a miracle can help India meet fiscal deficit target of 3 pc, says Crisil
Jan 25, 2017, 07:53 PM ISTIndia achieving a fiscal deficit target of 3 per cent of GDP for 2017-18 will be nothing short of a miracle, Crisil Research has said.
India achieving a fiscal deficit target of 3 per cent of GDP for 2017-18 will be nothing short of a miracle, Crisil Research has said.
The government is planning to introduce two rates of service tax in the Union Budget, with one slab for essential services and another for non-essential services.
The State Bank of India (SBI) has called for raising various income tax exemption limits in the upcoming General Budget to boost economic growth.
The Election Commission today gave its go-ahead to budget presentation on February 1, despite objections from the opposition parties.
The Supreme Court on Monday dismissed a plea seeking its postponement saying there was no illustration to support that the budget would influence voters in poll-bound states.
• Provide clarity on beneficiaries under Pradhan Mantri Awas Yojana The government recently announced that interest rates of 3% would be applicable on loans of up to Rs. 12 lakh and 4% on loans
The government will present the Union Budget 2017-18 on February 1 but will refrain from making any specific announcements pertaining to five poll-bound states.
The budget is not merely a financial document of the government that presents roadmap to be followed by ministries and departments while exercising their rights to pay out expenses from allocated funds for development works.
Union Budget 2017 Basics: Know these 15 accounting and budgeting terms might make it easier to understand the union budget 2017. Balanced budget , Budgetary deficit, Finance bill , Indirect taxes , Customs duties.
Budget 2017-18 is going to be special as the government is breaking away from the colonial-era tradition of presenting the Union Budget on the last working day of February. Finance Minister Arun Jaitley will present
The government today replied to the Election Commission on the opposition complaint against presenting the Union Budget before Assembly elections.
Dismissing the allegations raised by the Opposition that Budget was scheduled keeping in view the Punjab polls, Finance Minister Arun Jaitley on Sunday said the date for presenting the Union Budget was decided much in
The Election Commission of India has asked the central government to respond on the opposition parties demand seeking postponement of Union Budget until the assembly elections in five states are over.
The Supreme Court today refused an urgent hearing on a plea seeking that the Union Budget for 2017-18 be deferred till April in view of the schedule of Assembly elections in five states.
Defence Ministry has pushed for enhanced allocation in the upcoming budget, Minister of State for Defence, Subhash R Bhamre indicated on Thursday.
Opposition parties on Wednesday raised objections to the planned Union Budget presentation on February 1, saying it was meant to woo voters for BJP with sops.
Shiv Sena on Wednesday demanded that the Narendra Modi government postpone the upcoming budget till the Assembly elections to the five states are completed.
The Election Commission of India on Wednesday said that it was reviewing the Centre’s plan to present the Union Budget on February 1, days before five states, including politically crucial Uttar Pradesh, votes to choose a new government.
The government has announced that Finance Minister Arun Jaitley will present the Union Budget on February 1.
The government has decided to advance the presentation of Union budget by about a month to ensure speedier implementation of projects and schemes, Prime Minister Narendra Modi announced today.
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