Union Budget 2016-17, FM Arun Jaitley, income tax, corporates, Jayant Sinha
Business Today
Decoding the Budget
FM Arun Jaitley

This move will not only incentivise global biggies to make and sell in India, but will also see the emergence of more regional food brands.

FM Arun Jaitley has opened the door for ARCs to strengthen their capital by hiking the sponsor's stake in ARCs from a maximum of 50 per cent to 100 per cent.
The long pending tax issue has been decided with 9 per cent minimum alternate tax (MAT), which is a big reduction from the existing 18.5 per cent.
Not a health friendly budget as it misses industry expectations and may result in Prime Minister Narendra Modi failing in his pharma & health exam paper.