Union Budget 2017 News

In a bid to check generation of black money, a steep penalty awaits those accepting cash in excess of Rs 3 lakh, beginning April 1, to settle any transaction.A ban on cash transaction of more than Rs 3 lakh has been ...

Here is a quick look at the Income Tax changes in Union Budget 2017-18 for individuals: 1) The existing rate of taxation for individual assesses between income of Rs. 2.5 lakh to Rs. 5 lakh will be reduced to 5% ...

Expressing concern over funds being received by political parties through anonymous donations shown in cash, the Finance Minister said that the measures taken in the past to check such donations has only marginally improved the situation. A transparent method of ...

Today's Union Budget 2017-18 clearly focused on the farmers, the middle class, railways, affordable housing, and digital. Here are a few ways the Union Budget 2017-18, will affect the common man. {photo-feature}...

Finance Minister, Arun Jaitley has kept the expenditure in Budget for 2017-18 at Rs. 21.47 lakh crores. With the abolition of Plan-Non Plan classification of expenditure, the focus is now on Revenue and Capital expenditure. Taking note of the fiscal deficit ...

Continuing with government steps to clamp down on black money, Finance Minister Arun Jaitley today proposed to ban all cash transactions above Rs 3 lakh beginning April 1, 2017. Budget 2017: Development Schemes Focused On The decision to ban cash transactions ...

The focus of Union Budget for 2017-18 is on 10 important sectors, including farmers, infrastructure, digital economy and tax administration to transform, energize and clean India. The other areas of focus include rural India, the youth, poor and under-privileged, the financial ...