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Economy and Politics
AAI to raise funds to meet capital expenditure requirements

For the first time, Airports Authority of India (AAI) plans to raise funds through various means, including loans, to meet its capital expenditure needs in the next fiscal, a senior official said.

 
 
Finance Minister Arun Jaitley today performed the symbolic 'Halwa Ceremony' to mark the launch of formal printing of documents relating to the Union Budget 2018-19.
The amount of Rs 15,000 was set in effect from April, 1999 that is almost 20 years ago. 
He also joins the ranks of those finance ministers who have presented the most number of budgets. However, he does not top that list!
A proposal was recently made to the finance ministry calling for a revision of the tax slab and raising the limit from Rs 2.5 lakh per annum to Rs 3 lakh.
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