The issue of job crisis has the potential to harm the electoral prospects of the Bharatiya Janata Party (BJP) in the crucial upcoming elections.
One of the key moves expected from this budget would be to reduce deterrents and incentivise enablers for expansion of the digital payment/lending ecosystem.
The defence expert opines that a decent defence allocation is as crucial as proper utilisation of funds allocated, among other factors.
Economic Survey for 2017-18 claimed that India could reclaim the tag of world's fastest-growing major economy in the coming year.
Union Finance Minister Arun Jaitley will present the Budget 2018 on February 1, enlisting government’s income and expenditure presenting an elaborate account before the Parliament.
Even as the stage is set for the last full-fledged budget of the Modi Government, the people have their hopes pinned on the Government for a budget that could match their expectations.
The Budget, to be the last for the BJP in view of the general elections due in the first half of 2019, usually has two main components.
Safety and passenger amenities are likely to get top billing in the rail budget -- merged with the general budget since the last fiscal.
The Centre may dole out incentives to promote electric vehicles in the country by considering lower GST and extending tax benefit for buyers in this week's Budget for 2018-19, say sources.
The budget this time around will be the biggest economic event of the year, which is going to be Narendra Modi government’s fifth and final full fledged budget of its present term in office.
Parliament's budget session will kick off with the presentation of the Economic Survey 2017-18 on Monday, January 29, followed by the Union Budget 2018-19 on February 1.
The sector expects government to introduce sops relating to mutual fund pension products this budget.
Agriculture sector is expected to grow at 2.12% in the current fiscal against 4.1% in the preceding year, according to Central Statistics Office.
In an exclusive interview to India TV, Deepak Mendiratta, Managing Editor of HII Insurance Broking Services Private Limited, says as far as consumers are concerned, industry expectations from this year's budget is really high.
Safety, speed and comfort – the three key priorities of Indian Railways encapsulate the three expectations from the Railway Budget in the financial year 2018-19.
While what comes out of Arun Jaitley’s briefcase remains suspense till February 1, here is what the common man expects from the upcoming budget.
Public sector investment on healthcare accounts for less than 1.5 per cent of GDP, which is one of the lowest globally, and the government intends to increase the expenditure to 2.5 per cent of GDP by 2025.
In May 2012, government removed import duty on pulp. The customs duty foregone on account of these imports is estimated to be about Rs 245 crore per annum, according to ASSOCHAM.
This will be the last regular budget ahead of the 2019 General Elections. However, there are few wishes that every tax payer would hope for from the Union Budget.
Former CBEC member said the sector can be brought under the GST as a deemed service.
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