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Union Budget 2018 News

What Is The Difference Between Tax And Cess?
Often the terms tax and cess come across and as a lay-men there can be a case to understand the similarity and the difference between the two, so here is made a simple attempt to make you understand the two 'tax' ...

UIDAI Allocation Increased to 1,375 Cr in Budget 2018
There has been an increase in the allocation of funds for 2018-19 by the government for Unique Identification Authority of India (UIDAI). In 2017-18, UIDAI was given Rs 900 crore which was later revised to Rs 1,200 crore. The Union Budget ...
CBDT Chairman Explains The Reason Behind LTCG Tax
The Chairman of Central Board of Direct Taxes Sushil Chandra explained the idea behind imposing a tax on LTCG (Long Term Capital Gains). He was the key person in making changes in the direct tax proposals of the Union Budget 2018-19. ...
7 New Schemes in Union Budget 2018-19
The Union Budget 2018-19 was largely focused on the development of agricultural, rural, healthcare and educational sectors. The budget aimed at improving the current status of these sectors as well as the setting a base for the future with schemes aimed ...
Union Budget 2018 Gives a Boost to “Make in India”
In his Union Budget Speech, Finance Minister Arun Jaitley said "I am making a calibrated departure from the underlying policy in the last two decades, wherein the trend largely was to reduce the customs duty" as the government feels that there ...
Bitcoin Sinks by 11% After Budget and FB Ad Ban
In the last 24 hours, the world's largest cryptocurrency Bitcoin experienced a fall in its prices. The lowest since November. The ban on cryptocurrency advertisement by Facebook and regulatory fears around the world has been affecting its price. Also Read: Facebook to ...
Government Fails To Meet Fiscal Deficit Target For 2018
Finance Minister Arun Jaitley said that "the fiscal deficit would rise to 3.5 percent from the previous estimate of 3.2 percent for the year ending March 31, 2018". The target is fixed at 3.3 percent for 2018-2019 as against the ...
Union Budget 2018: No Joy For The Middle-Class
The Middle Class was expecting more from the Union Budget 2018, largely as it was the last full budget of the present ruling dispensation. However, there is disappointment among the Aam Aadmi as expectations have been belied. ...
Railway Budget 2018: Bullet Train Coming Soon
As per today's Union Budget presentation, Rs 1,48,528 crore will be the capital expenditure for Indian Railways for period 2018-19. Finance minister Arun Jaitley also said that there were significant achievements of physical targets by the Railway Ministry. ...
Reactions From Corporates On Union Budget 2018
The Corporates in India expressed mixed reactions on corporate taxation and encouraged the agricultural and healthcare benefit schemes introduced in the Union Budget 2018 by Finance Minister Arun Jaitley today. Here are the few excerpts from industry leaders, Anand Mahindra, ...
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