budget 2016

budget 2016 News

Debt management: Centre plans to expand strategy

Move to ensure that heavy borrowings of states do not impact the govt’s bond issuance plan.

Healthcare & Education: Special focus calls for special tax breathers

Healthcare services are defined in a restrictive manner to cover services by way of diagnosis, treatment and care and no exemption is available for services offered for aesthetic / beauty enhancement purposes.


Common man’s budget but has few issues, says Jitender Singh Tomar

The budget is a common man’s budget. Zero tax has been levied. But there are few issues. People from the footwear industry came to me this morning, saying they have to pay tax now on every product they sell.

Panel widens scope for taxing B2B digital services

The committee on taxation of e-commerce has said that levy should be chargeable on any sum that is received by a non-resident from a resident in India or a permanent establishment in India as a consideration for specified digital services.

An anaemic prescription

Budget 2016 is disappointing for India’s health. It will not cut the burden of catastrophic out-of-pocket expenditure.

Govt borrowings: FinMin to meet with RBI on March 18

The net borrowing has been targeted at Rs 4.25 lakh crore for the next financial year.


Domestic car sales dip 2nd month in row, down 4.21% in February

According to the data released by the Society of Indian Automobile Manufacturers (Siam), domestic passenger car sales stood at 1,64,469 units in February as against 1,71,703 units in the same month last year.

Budget 2016: In the right direction

Budget 2016 has a greater focus on the rural and social sectors. But the challenge will lie in improving delivery systems.

Project-based rating: A new tool to fix credit crunch

The proposed rating system will shift the focus to infrastructure projects and various credit enhancement structures from the companies which were executing them.

Lower tax penalty: Litigation may reduce, but grey areas remain

The Centre has decided to lower the maximum penalty rates to reduce the high rate of tax litigation, but experts feel that discretion of assessing officer is one of the important areas that go unattended.

budget 2016 Photos

February Top Pictures: JNU protest, Jaitley's budget, Thane mass murder

JNU protest, Arun Jaitley's budget, Thane mass murder - Take a look at the top happenings in the month of February.

Budget 2016: Infrastructure and Investment sector

Finance Minister Arun Jaitley unveiled a slew of initiatives for the Infrastructure and Investments sector.


#VikasKaBudget: Modi explains what budget means to you

Soon after the budget was announced, PM Modi re-tweeted Jayant Sinha's (MoS Finance) graphic cards explaining how the budget will impact people in different strata of the society.