Puducherry budget to be presented on July 2
Business | June 22, 2018 16:48 ISTThe assembly which was adjourned sine die after a two-day meeting on June 5 has been reconvened to meet on July 2, the release added.
The assembly which was adjourned sine die after a two-day meeting on June 5 has been reconvened to meet on July 2, the release added.
Here is a look at what will be cheaper and what will be costlier from today:
In the recent past, the budget was passed without any discussion in 2013-14 and 2003-04.
India’s retail inflation for January has eased down to 5.07 per cent compared to 5.21 per cent in December 2017, according to the latest data released by the Central Statistics Office on Monday.
Replying to a debate on Budget 2018-19, the minister said that a lot of things have changed since the NDA government took office in May 2014.
The top brass of the Finance Ministry argued that the sell-off in equity markets is due to a weak global sentiment and not because of LTCG tax.
The government has revised its 2018-19 fiscal deficit projections to 3.3 per cent of GDP and for the current fiscal to 3.5 per cent of GDP, against original targets of 3 per cent and 3.2 per cent, respectively.
According to market observers, negative global cues, along with heavy selling pressure in banking, capital goods, auto and oil and gas stocks, pulled the equity indices lower.
The key budget provisions include the announcement of a minimum support price for farmers that will be 1.5 times of the cost incurred by them, a health insurance of Rs 5 lakh for 10 crore poor families.
Randeep Surjewala said two health insurance schemes have been brought by the Modi government and the proposed National Health Protection Scheme is now being billed as NaMocare by BJP leaders.
The 'National Health Protection Scheme' will be funded with 60 per cent contribution coming from the Central government and the remaining from the states.
The standard deduction, which replaces tax-free transport allowance of Rs 1,600 per month (Rs 19,200 a year) and medical expense reimbursement of Rs 15,000 per annum, will accrue automatically to salaried class and pensioners.
When asked about why government left the personal income tax slabs unchanged, Hasmukh Adhia said, “Increasing tax limits will expunge taxpayers from tax bracket. There is a big loss in this.”
India TV, country’s leading Hindi news channel, is hosting “Budget Conclave 2018”— a day-long event where leaders of the ruling BJP government and the Opposition will brainstorm over the Union Budget 2018-19.
#BudgetWithIndiaTV: Speaking at the India TV Budget Samvaad, the railway minister heaped praises on the Union Budget 2018-19, presented by Finance Minister Arun Jaitley on Thursday.
India TV, country’s leading Hindi news channel, is hosting “Budget Conclave 2018”— a day-long event where leaders of the ruling BJP government and the Opposition will brainstorm over the Union Budget 2018-19.
Shrikant Sharma today said that the government is taking several initiatives to prove jobs to the youth, and that more job opportunities have been created than what the party had promised.
India TV, country’s leading Hindi news channel, is hosting “Budget Conclave 2018”— a day-long event where leaders of the ruling BJP government and the Opposition will brainstorm over the Union Budget 2018-19.
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