Tag: Union Budget

Budget session to start on January 29; budget to be tabled on Feb 1

Lok Sabha passes Union Budget

New Delhi: The Lok Sabha on Wednesday passed the Union Budget without any debate amid din, leading to a walkout by members of the Congress and Trinamool, while the TDP, YSR Congress, AIADMK and SP protested near the Speaker’s podium. Finance Minister Arun Jaitley moved the Finance Bill 2018, as[Read More…]

PM Modi reviews performance of key infrastructure sectors

PM Modi reviews performance of key infrastructure sectors

Prime Minister Narendra Modi on Thursday reviewed progress of key infrastructure sectors, including roads, housing, coal and power and hoped the advancement of the Union Budget date would lead to further improvement in performance. The review meeting, which lasted for about two-and-a-half-hours, was attended by top officials from the Prime[Read More…]

Budget 2017 may inflate service taxes

Service tax rates have seen an increase over the last two years. In 2015-16, service tax was increased from 12.36% to 14%. The Swachh Bharat cess of 0.5% also was hitched to it. This financial year, the Krishi Kalyan cess of 0.5% was imposed, taking the tax rate to 15%.[Read More…]

Union Budget session likely to begin on January 31

The Cabinet Committee on Parliamentary Affairs (CCPA) on Tuesday recommended holding of the Budget session from January 31. The address of the President and tabling of the Economic Survey are likely to take place on January 31. The committee headed by Home Minister Rajnath Singh met in the capital and[Read More…]

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