Expectations

Updated : Dec 12, 2016

Union Budget 2016: Government to encourage investments in public sector enterprises

The government would encourage the central public sector enterprises (CPSEs) to divest individual assets like land and manufacturing units to release their asset value for investing in new projects, said Finance Minister Arun Jaitley here on Monday.

Union Finance Minister Arun Jaitley with his team gives the final touch to the Union Budget at North Block in New Delhi on Sunday

Updated : Feb 29, 2016

Union Budget 2016-17: What youth can expect from it

Finance Minister Arun Jaitley is expected to announce a package to fire up Young India with a tax-holiday for startups and the setting up of a Rs 10,000 crore fund to finance these new-age entrepreneurs.

Prime Minister Narendra Modi (R) listens to Finance Minister Arun Jaitley

Updated : Feb 29, 2016

PM Modi's budget, in policy shift, to focus on rural India: Officials

Prime Minister Narendra Modi wants the budget unveiled on Monday to appeal to India's rural poor, officials familiar with his thinking said, in a strategy shift that could boost his ruling party in coming state elections but disappoint investors.

Updated : Feb 29, 2016

Union Budget 2016: Top five fundamentals that market will look at

Among spate of announcements coming out of Jaitley's budget briefcase later today, marketmen will broadly look at following five key economic figures that would make or mar the market movement.

Will the NDA government, whose economic programme hinges on boosting the manufacturing sector, be able to bring about the required change? The coming Union Budget may provide some of the answers. (Photo: Raj Verma)

Updated : Feb 27, 2016

India's plan to become a manufacturing hub is beset by problems

Will the NDA government, whose economic programme hinges on boosting the manufacturing sector, be able to bring about the required change? The coming Union Budget may provide some of the answers.

Updated : Feb 25, 2016

Expectations of IT sector from Budget 2016-17

On January 12 this year, the United States Citizenship and Immigration Services (USCIS) said that a new law, The Consolidated Appropriations Act, 2016, will increase H-1B and L-1 petition fees. H-1B and L-1 visas are widely used by the Indian IT services exporters to service customers in the United States.

(Picture for representation purpose only. Source: Reuters)

Updated : Feb 24, 2016

Small and medium businesses more confident about economy: Pre-budget survey

IMRB's Business and Industrial Research Division carried out a survey of SMBs, in which 67 per cent of respondents expressed greater overall confidence in the economy.

So far, year 2016 has not been very lucky for the Indian equity markets and BSE Sensex is already down nearly 9 per cent. (Photo: Reuters)

Updated : Feb 23, 2016

Can Union Budget trigger the equity market?

So far, year 2016 has not been very lucky for the Indian equity markets and BSE Sensex is already down nearly 9 per cent.

Shrey Jain, Founder and MD, SAS online.com. Photo: Business Today

Updated : Feb 22, 2016

India a beacon of hope; avoid fiscal adventurism in Budget 2016, says Shrey Jain, SAS online.com

Shrey Jain, Founder and MD, SAS online.com also said govt must offer sops for the capital markets to encourage the trend of savings moving away from hard assets like real estate and gold and into financial assets.

Updated : Feb 19, 2016

Budget 2016 wishlist: MCX wants govt to scrap commodity transaction tax

Commodity transaction tax, which is in place since July 1, 2013, is a tax levied on exchange-traded commodity derivatives in India on the lines of the Securities Transaction Tax.

Inclusive growth is high on the agenda of the government and expectations are high that the Union Budget will focus on social security measures for women, senior citizens and children. (Photo: Reuters)

Updated : Feb 19, 2016

What Budget 2016 may hold for these sectors

The Budget comes in the midst of China's yuan devaluation and a global slowdown. Let us have a look at what are the top expectations from Narendra Modi government's full-fledged second Union Budget.

Updated : Feb 19, 2016

Government to present 'run-of-the-mill' Budget: Nomura

According to the Nomura report, the government is likely to meet its fiscal deficit target of 3.9 per cent of GDP in the current financial year, but in 2016-17 it might slip to 3.7 per cent as against an earlier target of 3.5 per cent.

Updated : Feb 17, 2016

Budget 2016-17: Phasing out of tax exemptions on anvil

It is necessary to phase out tax exemptions to provide a level playing field to domestic manufacturing companies so that Make in India can become a success, finance ministry said.

Updated : Feb 16, 2016

Union Budget 2016-17: Solar industry seeks tax sops, financial support

The government has ambitious plans for deployment of 175 GW renewable power capacities by 2022, including 100 GW of solar.

While India is seen to be in a sweet spot, given the falling commodity prices, earnings revival is yet to kick off in this part of the world. Photo: Reuters

Updated : Feb 16, 2016

Budget 2016 wishlist: What market pundits expect from FM Arun Jaitley's Budget box

While industry will be looking for tax sops, economists would keep an eye on fiscal math. Investors, meanwhile, will watch out how effectively Jaitley trade between pro-poor and pro-market choices.

On January 28, a five-member team of the Swadeshi Jagran Manch, the economic wing of the RSS, met Minister of State of Finance, Jayant Sinha. (Photo: Ajay Thakuri)

Updated : Feb 15, 2016

Saffronomics: What RSS expects from the coming Budget

On January 28, a five-member team of the Swadeshi Jagran Manch, the economic wing of the RSS, met Minister of State of Finance, Jayant Sinha.

Finance Minister Arun Jaitley (Photo: Ajay Thakuri)

Updated : Feb 15, 2016

The many worries of Mr Arun Jaitley

For any finance minister, preparing a Budget is all about trade-offs. It has to meet many different objectives simultaneously, and some of them might be in conflict with one another.

Updated : Feb 13, 2016

Agriculture, Infrastructure and Taxes to be the Focus

A slowing world economy, two consecutive bad monsoons and a political logjam in Parliament, apart from a host of other domestic challenges, have created a challenge of greater proportions for Finance Minister Arun Jaitley.

Updated : Feb 10, 2016

Gold discounts hit record highs as demand falters, consumers wait for Budget 2016 for duty cut

The bullion industry expects the government to cut the record 10 per cent import duty on gold in the annual budget for 2016/17 that will be presented on February 29.

Updated : Feb 8, 2016

Union Budget 2016-17: Commerce Ministry wants sunset clause for SEZs to go

The government is considering gradually doing away with tax exemptions to various sectors, including special economic zones (SEZs), and reducing the corporate tax to 25 per cent from 30 per cent over four years.

Updated : Feb 6, 2016

FM Arun Jaitley asks states to step up infra, social sector spending

Several states, in their pre-budget meeting with FM Arun Jaitley, sought higher allocation in the upcoming budget for implementing Pay Commission recommendations as well as under centrally sponsored schemes.