Budget 2017: Key policy proposals

The Indian government has unveiled its most ambitious target for public share sales so far, looking to capitalise on the robust domestic capital markets to cut its annual deficit. In last week's federal Budget, Finance Minister Arun Jaitley set a 725 billion rupees (USD 10.76 billion) target for divestment in the 12 months from April … Continue reading Budget 2017: Key policy proposals

Budget 2017: Key points Explained

10 key focus areas: Farmers, Rural economy, Energising youth, Poor and underprivileged, Infrastructure, Financial sector, Digital economy, Public service, Prudent Fiscal management, Tax administration. 1. Personal income tax: Tax rate halved to 5 per cent from 10 per cent for those earning between Rs 2.5-5 lakh; All other income brackets to get uniform benefit of … Continue reading Budget 2017: Key points Explained

List of Major Schemes & Initiatives Announced in Budget 2017-18

Finance Minister Arun Jaitly has announced a host of schemes and initiatives in Union Budget 2017-18. Below is the complete list of schemes and initiatives announced by Narendra Modi Government in its third Union Budget for the financial year 2017-18. List of Schemes Announced in Union Budget 2017-18 Special schemes for job creation for youth … Continue reading List of Major Schemes & Initiatives Announced in Budget 2017-18

Budget 2017: Impacts on Indian Economy

The impacts of the budget 2017 on Indian economy were being speculated by experts and common people because of three major reasons. First, it was the first time since 1924 that the Railway Budget was presented together with the Union Budget.  Second, the impacts of demonetization had caused a lot of curiosity and questions among … Continue reading Budget 2017: Impacts on Indian Economy

UPSC Prelims 2017 Budget Special MCQ

♻️ UPSC Special MCQ- Union Budget 2017 1. The Union Finance Minister presented Union Budget 2017 in the Lok Sabha. In this regard, consider the following statements.  Union Government will launch two new Schemes to promote the usage of BHIM App  These two schemes are Referral Bonus Scheme for individuals and a Cashback Scheme for merchants … Continue reading UPSC Prelims 2017 Budget Special MCQ

BUDGET AT A GLANCE 2017-2018

  Finance Minister Arun Jaitley pledged relief for middle class taxpayers, small and medium firms in the Union Budget 2017 today, saying the government would spend thousands of crores to double farmer incomes. Jaitley pledged to double the income of farmers, who have been hard hit by the currency ban, in the next five years … Continue reading BUDGET AT A GLANCE 2017-2018

Union Budget 2017: Budget Highlights Part-II

Finance Minister Arun Jaitley presented the Union budget 2017-2018 in Lok Sabha today. This is the fourth budget by the Narendra Modi government. Jaitley said the demonetisation move by Prime Minister Narendra Modi on November 8, 2016 will not have a lasting impact on the economy. Jaitley also announced that the budget allocation for welfare … Continue reading Union Budget 2017: Budget Highlights Part-II

Union Budget 2017: Budget Highlights Part- I

The Union Finance Minister Arun Jaitley on 1 February 2017 presented the Union Budget 2017 in the Lok Sabha. In the independent India, this will be the 87th budget and the third of the Modi Sarkar. The Budget 2017 is also unique in the sense that it is the first budget after introduction of three … Continue reading Union Budget 2017: Budget Highlights Part- I