Key Features of Budget 2016-2017 INTRODUCTION : Growth of Economy accelerated to 7.6% in 2015-16 CHALLENGES IN 2016-17 : Risks of further global slowdown and turbulence. ROADMAP & PRIORITIES : ‘Transform India’ to have a significant impact on economy and lives of people AGRICULTURE AND FARMERS’ WELFARE : Allocation for Agriculture and Farmers’ welfare is Rs. … [Read more...] about Key Features of Budget 2016-2017 : Official pdf Download
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Budget 2016: Jaitley Cuts Down 54% Ministers Travel Expenses
Budget 2016: Jaitley Cuts Down 54% Ministers Travel Expenses The travel and other expenses of Union Ministers have been slashed by a whopping 54 per cent in the 2016-17, according to the Budget proposals presented by Finance Minister Arun Jaitley today in Parliament. The budget estimates, the amount allocated under the head of ‘Tour Expenses’ has been fixed at … [Read more...] about Budget 2016: Jaitley Cuts Down 54% Ministers Travel Expenses
Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000
Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000 100% Deduction of Profits for 3 out of 5 Years for Start-Ups Withdrawal upto 40% of the Corpus to be Tax-Free at the time of Retirement Deduction of Additional Interest of Rs.50,000 Per Annum for First-Time Home buyers New Dispute Resolution Scheme to be Introduced Thirteen Cesses Levied by Various … [Read more...] about Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000
Highlights of General Budget 2016
Highlights of General Budget 2016 Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17 1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2. Total allocation for Agriculture, Farmers’ welfare and Irrigation set … [Read more...] about Highlights of General Budget 2016
Union Budget 2016-17: I-T slabs remain unchanged
Union Budget 2016-17: I-T slabs remain unchanged HRA deduction increased to Rs. 60,000 per annum; 40% of withdrawal under NPS to be tax exempt; additional exemption for housing loans. Finance Minister Arun Jaitley presents his third Union Budget. With an eye on supporting the small tax-payer and the small investor, the Minister announced a slew of schemes, and income tax … [Read more...] about Union Budget 2016-17: I-T slabs remain unchanged
Performance of Central Public Sector Enterprises (CPSES) during 2014-15.
Performance of Central Public Sector Enterprises (CPSES) during 2014-15. Ministry of Heavy Industries & Public Enterprises Press Information Bureau, Government of India 26-February, 2016 The Public Enterprises Survey (2014-15), brought out by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises, Government of India on the … [Read more...] about Performance of Central Public Sector Enterprises (CPSES) during 2014-15.
Budget 2016 expectations: From OROP, 7th Pay Commission overhang to sectoral impact, here are 10 points to note
Budget 2016 expectations: From OROP, 7th Pay Commission overhang to sectoral impact, here are 10 points to note 1. The FM's priority in the 2016-17 budget will be higher growth, with fiscal rectitude, we believe. With the private sector capex yet to pick up, he will budget for higher plan capital expenditure (investments), in addition to the higher spends on OROP and 7th Pay … [Read more...] about Budget 2016 expectations: From OROP, 7th Pay Commission overhang to sectoral impact, here are 10 points to note
Advances to Government servants – Rate of interest for purchase of conveyances during 2015-2016.
Advances to Government servants - Rate of interest for purchase of conveyances during 2015-2016. F.No. 5(2)-B(PD)/2015 Government of India Ministry of Finance Department of Economic Affairs New Delhi, the 3rd February, 2016 OFFICE MEMORANDUM Subject : Advances to Government servants — Rate of interest for purchase of conveyances during 2015-2016. The undersigned is … [Read more...] about Advances to Government servants – Rate of interest for purchase of conveyances during 2015-2016.
Freedom 251 Smartphone Officially Launched : First Look
The Ringing Bells Freedom 251 runs on Android 5.1, with a 4-inch display, a quad-core 1.3GHz processor, 1GB of RAM, and 8GB of storage (expandable to 32GB). Freedom 251 Smartphone Officially Launched : First Look At an event presided by BJP MP Dr. Murli Manohar Joshi in New Delhi on Wednesday evening, India’s Rs. 251 smartphone the Ringing Bell Freedom 251 was … [Read more...] about Freedom 251 Smartphone Officially Launched : First Look
Amendment in SC/ST Act is need of hour –Gehlot
Amendment in SC/ST Act is need of hour –Gehlot Union Minister of Social Justice & Empowerment Shri Thaawarchand Gehlot today said that amendment in SC/ST act is the need of the hour. Expressing concern in a meeting held here to review and amend the provisions in the Protection of Civil Rights {PCR} Act, 1955 and the Scheduled Castes and the Scheduled Tribes (Prevention … [Read more...] about Amendment in SC/ST Act is need of hour –Gehlot
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