Category: Finance

A Look at What’s Cheaper and What’s Costlier after Union Budget 2017

There is bad news for Tobacco consumers and smokers as finance minister, Arun Jaitley increased the taxes for these items in Union Budget 2017.

Corporate India Wants Lower Tax Rates from Budget 2017

For the Union Budget which will be unveiled by Finance Minister, Arun Jaitley on February 1, Corporate India wants the government to slash corporate tax rates, introduce steps to strengthen dispute resolution mechanism and reduce litigation as well as incentivise digital transactions.

Dan & Bradstreet Report Says Budget Unlikely to Include Any Harsh Measures

A report by Dan & Bradstreet states that the forthcoming Union Budget in February is unlikely to introduce any harsh measures amidst increased economic uncertainty and also when the country is going through different challenges after the demonetisation move.

The Tax Base will be Widened by Demonetisation: Finance Ministry Tells Parliamentary Panel

The Finance Ministry has told in a statement that demonetisation will lead to lower interest rates as well as create a wider tax base which will lead to “sustainable faster economic growth”.