Presenting the Budget, FM Jaitley said that the fiscal deficit will overshoot to 3.5 per cent from the earlier estimate of 3.2 per cent in the current fiscal, ending March 31.
Here is the full text of Finance Minister Arun Jaitley's Budget speech in Parliament, part 2:
Here is the full text of Finance Minister Arun Jaitley's Budget speech in Parliament, part 1:
Congratulating Finance Minister Arun Jaitley and his team, Modi said farmers, Dalits and tribal communities will gain from the budget.
The announcement of a higher target, in place of the 3.2 per cent for the current fiscal announced earlier, was made by Finance Minister Arun Jaitley while presenting the Budget 2018-19 in the Lok Sabha.
The crucial meet also comes few days before the BJP-led NDA government presents its last full-fledged Union Budget before the 2019 General Elections on February 1.
The emphasis of the meeting was on sharing the expert views on the road ahead for the economic policy to steer the nation towards a New India envisioned by the prime minister.
The minister said the first phase of the Budget session will be from January 29 to February 9. After a recess, Parliament will meet again from March 5 to April 6, Kumar added.
To make the business more competitive in the electronics sector, Assocham has recommended the government to link the India BPO Promotion Scheme with direct tax benefit.
The government, Roy said, will come with yet another good budget, which is likely to be presented on February 1.
The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today informed that the total allocation for infrastructure development in 2017-18 stands at Rs. 3,96,135 crores.
Union Finance Minister Arun Jaitley today announced the creation of a Railway Surksha Kosh (Rail Safety Fund) of Rs 1 lakh crore in a period of over five years.
Stressing the need for greater transparency in political funding, Finance Minister Arun Jaitley today said the maximum amount of cash donation by an individual to a political party will be Rs 2,000 -- a sharp drop from the Rs 20,000 amount in cash ea
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