Tag Archives: taxation

BUDGET 2017 – A Look at Every Clause

Budget 2017-18, presented by Finance Minister Arun Jaitley on Wednesday has three significant changes embedded in it. First, presentation of Budget advanced to 1st February to enable the Ministries to operationalise all activities from the commencement of the financial year. Secondly, merger of Railways Budget with General Budget to bring Railways to the centre stage of Government’s Fiscal Policy. Thirdly, ...

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Budget 2017-18: Different in Style, Progressive in Spirit

Budget 2017-18, presented by Finance Minister Arun Jaitley on Wednesday has three significant changes embedded in it but the significant change above all these cosmetic features is the progressive improvement in spirit. First, presentation of Budget advanced to 1st February to enable the Ministries to operationalise all activities from the commencement of the financial year. Secondly, merger of Railways Budget ...

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15 Key Reform Measures in Indian Budget 2016-17

With its focus on agriculture and farmers’ welfare, mission to provide LPG connection to poor households, a new health protection scheme, increased outlay for infrastructure, Rs. 2.87 Lakh crore Grant in Aid to Gram Panchayats and Municipalities, setting up of 1500 Multi Skill Training Institutes and incentives for jobs creation, the Budget 2016 presented in Lok Sabha today by Union ...

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Powerball Jackpot Worth $1.6 billion Goes to 3 Lucky Winners

With maximum amount on platter, the $1.6 billion U.S. Powerball jackpot has gone to three winning tickets after the draw was held on Wednesday with the odds at 1 in 292 million. The winning number tickets with – 08 27 34 04 19 and Powerball 10 – were sold in Tennessee, California and Florida. Each winner will get one-third of ...

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Unsold Houses Highest in Delhi, Mumbai, Bangalore: Report

The reality check on real-estate inventory shows that many flats built in metros remain unsold for longer duration, hitting the bottom line that the middle class is unable to buy them and the rich refuse to put in their money, while the government refuses to reduce tax on them. The alarming rise in the number of unsold flats in six ...

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Doing Business 2015 : India Still at Bottom Despite Reforms

A new World Bank Group report finds that India set the pace for regulatory reform in South Asia in 2013/14 India with 20 – the region’s largest reforms during the period. India was followed by Sri Lanka with 16 reforms while three countries – Bangladesh, Nepal, and Pakistan – focused their efforts on adopting modern electronic systems to facilitate business ...

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