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key announcements

Key announcements

Updated : Feb 1, 2018

Budget 2018: 7 announcements related to creation of jobs in Arun Jaitley's speech

In his Budget speech this morning, Finance Minister mentioned the word employment 17 times.

Updated : Feb 1, 2018

Budget 2018: Imported smartphones to be more expensive after hike in custom duty to 20%

The Union Budget 2018 was presented today where the government showed its commitment towards Digital India by doubling the respective capital allotment.

Updated : Feb 1, 2018

Budget 2018: Arun Jaitley announces railway university in Vadodara; allocates highest capital expenditure ever

The primary focus of this allocation will be capacity expansion, maintenance of tracks, redevelopment of railway stations, producing upend coaches, the bullet train project etc.

Updated : Jan 31, 2018

Govt may announce India's first National Employment Policy in budget 2018

The government is reportedly assessing the current employment situation in the country, including the macroeconomic environment, demographic context and sectoral challenges in employment generation, following which it will set targets and monitor them.

Updated : Jan 31, 2018

Budget 2018: Will govt bite the bullet on fiscal deficit

Despite the likely fiscal slippage this year, next year may be better for government finances due to higher tax collections.

Updated : Jan 31, 2018

Arun Jaitley may cut excise duty on petrol, diesel in Budget 2018

The Petroleum Ministry has moved a proposal to reduce excise duty on the two fuels as part of the pre-Budget memorandum submitted to the Finance Ministry.