Budget 2018: Prudence or populism?
The fifth budget to be presented by finance minister Arun Jaitley will be the last budget of the Modi government.
The survey also highlighted the challenges faced by India's huge rural population and said farmlands that are not irrigated are experiencing the adverse impact of climate change - extreme temperatures and rainfall deficiencies.
Jaitley will primarily be concerned with the announcement of schemes and proposed outlays for each of them. "There will be a tax saving of Rs 2,500 for every individual".
Jaitley will, however, be using too many technical words and phrases that one needs to understand in order decode Budget 2018.
A separate Budget for Railways has been presented to Parliament since 1924 even though neither the Constitution nor legal requirements call for a separate Budget. It comprises loans raised and recoveries of loans. The decision to privatise IDBI Bank and allow 49 per cent foreign shareholding in Air India are bold moves that give a loud message: Modinomics means business. It also includes inland bills and foreign bills purchased and discounted. The government is likely to allocate money for the hike in the budget.
The dictionary meaning of budget is a systematic plan for the expenditure of a usually fixed resource during a given period.
In the latest economic survey released this week, Indian policymakers said they need to manage the risks to the country's macroeconomic stability and push for more growth.
Laughter fills gym even as community mourns Ky. school shooting victim, 15
Three students died when Michael Carneal opened fire on a prayer group in December of that year. "Just senseless. The line is reminiscent of support Marshall County students showed Heath in 1997 after a deadly shooting there.
EPS for Ares Capital Corporation (ARCC) Expected At $0.37
It increased, as 50 investors sold CFG shares while 178 reduced holdings. 142 funds opened positions while 524 raised stakes. David Kowitz increased its stake in Icici Bk Ltd (IBN) by 34.82% based on its latest 2017Q3 regulatory filing with the SEC.
Iran frees girl who took off headband - lawyer
The lawyer also said she was initially released after being detained on the spot but was subsequently rearrested. Morality police launch regular crackdowns on those who are not fully respecting rules relating to the hijab.
After a narrow victory in the Gujarat elections, which was partially attributed to a loss in the rural vote share, the government will want to raise it's rural spending amongst other things, but it has a fiscal deficit target to consider as well.
If receipts are more than the expenditure on current account in balance of payments during the fiscal year under consideration, the situation is called Current Account Surplus. To compensate for the consequent revenue loss, the government is widely anticipated to either re-introduce long term capital gains tax on listed securities or tweak the holding period that qualifies as long-term. In an interview to Times Now before his visit to the World Economic Forum in Davos last week, Modi had said his timetable depended on working for the common man, and not on the schedule for elections, when asked if he was under political pressure to announce a populist budget in anticipation of the 2019 elections.
Income tax is the tax levied on individual income from various sources like salaries, investments, interest etc.
DBS Bank's Rao, however, said she was skeptical about any forthcoming income tax concessions on the back of a major indirect tax overhaul.
It is the amount of annual income that is exempt from income tax. Post-demonetisation, 56 lakh new tax payers were added past year, with the total number of assesses in July at 6.26 crore and counting.
Urging the finance minister to announce a price regulatory commission, Upkar Singh Ahuja of Chamber of Industrial & Commercial Undertakings (CICU) said steel export is increasing but the export of steel-made product is not increasing due to uneven rise of prices in the last couple of months. Income tax, corporate tax, inheritance tax are some examples of direct taxation.
Recommended News
-
30 January 2018Shahid Kapoor 'Like A Teacher,' Says Brother Ishaan Khatter
However, he didn't have to wait for his next film, that too with one of Bollywood's deep pocketed producers, Karan Johar. However, Farah seems to have returned back for her dear friend Karan and a special song that will be filmed for Dhadak .
30 January 2018Industrial X-ray Inspection Equipment Market Overview and Outlook 2018
The vast market research data included in the study is the result of extensive primary and secondary research activities. A value chain analysis providing an all-inclusive point of the global Silk Fabrics market is implemented while research.
30 January 2018College Basketball: North Carolina Tar Heels at Clemson Tigers
In conference play, the Tar Heels are 5-4, which is tied for fifth with Florida State and North Carolina State. They are also 6-3 in the ACC, which is a game better than the Tar Heels heading into Tuesday night's matchup. -
30 January 2018US Releases List of Russian Tycoons, Officials for Potential Sanctions
The State Department says it's confident that new legislation enacted a year ago is significantly deterring Russian defense sales. It's been informally referred to as the "Putin list".Alliance Resource Partners, LP (ARLP) Analysts See $0.60 EPS
Alliance Resource Partners , L.P.is a producer and marketer of coal primarily to the United States utilities and industrial users. Korea Investment has invested 1.61% of its portfolio in Facebook, Inc. (NASDAQ:ICAD) to report earnings on March, 14.
30 January 2018TV star charged with sexual assault in Old Lyme
Dionne turned himself in to police in CT on Monday on charges of fourth-degree sexual assault and risk of injury to a minor. He rebuffed her saying the touch was "inappropriate" and simply rubbed her back when the girl began to cry, Dionne claimed. -
Analysts See $-0.58 EPS for ACADIA Pharmaceuticals Inc. (ACAD)
Sectoral Asset Management Inc sold 276,417 shares as the company's stock declined 29.10% while stock markets rallied. In related news, Director Laura Brege sold 25,000 shares of the stock in a transaction dated Tuesday, January 2nd.
30 January 2018Waymo, FCA expand partnership to 'thousands' of Chrysler Pacifica minivans
FCA US is building upon the historic foundations of Chrysler, the innovative American automaker first established by Walter P. Waymo ordered 100 Pacifica Hybrids Minivans in 2016 as part of the company's plan to test and develop self-driving vehicles.
30 January 2018Cristiano Ronaldo to Chelsea: Man Utd influence Real Madrid deal
The report also claims that Ronaldo could probably be a part of a pact where Eden Hazard is supposed to join Real Madrid. Ronaldo made 196 appearances in the Premier League for United, scoring 84 goals and assisting 45 further strikes. -
30 January 2018Chelsea monitoring Olivier Giroud's situation at Arsenal
Dortmund have been keen to stress that they will only sanction Aubameyang's departure once his replacement has been signed. That would leave Giroud third in Arsene Wenger's pecking order behind the Gabon star and Alexandre Lacazette .
30 January 2018FSU president partially reinstates fraternities, sororities after student's death
Nine members of the fraternity face felony hazing charges in connection with Coffey's alcohol-related death. If students carry out the necessary changes, social events will be added later in the semester.
30 January 2018Grammy Awards take a big ratings hit
After that, your application review also hinges on "career substantiation", such as tours, fan base, music videos and more. I've never paid for a Bruno Mars album, but I have listened to " 24k Magic " on loop for almost 45 minutes a few times .
