Union Budget 2017-18 LIVE: Income Tax rates reduced for those earning between Rs 2.5 to Rs 5 lakh

Defence was a big sector where spending was increased: Arun Jaitley
Many steps in the budget are towards boosting employment: FM
PM: We have taken strict actions against black money hoarders: FM
The commitment to eliminate corruption and black money is reflected in the Budget: PM Modi
This Budget will help small businesses to become competitive in the global market: PM Modi
Merger of the Railway Budget with the General Budget will give an impetus to the transport sector's growth: PM
Govt aims to double farmers' income by 2022: PM Modi
Budget has taken steps for the interst of all sectors: PM Modi
This is a disappointing Budget. This government will not complete its term, says Lalu Prasad
Budget had nothing substantive for farmers. We were expecting some fireworks, it was a damb squib, says Rahul Gandhi
Sensex up 130 points amid Budget announcements
Finance Minister Arun Jaitley concludes his Budget speech
Surcharge of 15% for those whose annual income is above Rs 1 crore
A single one-page form for filing IT returns for taxable income up to Rs 5 lakh
Surcharge on 10% on people whose income between Rs 50 lakh to Rs 1 crore
Propose to reduce existing rate of taxation of those with income between Rs 2.5 lakh to Rs 5 lakh from 10% to 5%: Arun Jaitley
Political parties will be entitled to receive donation by cheque or digital mode by donors
Electoral Bonds to be introduced for donors
Maximum donation any party can receive from one source is Rs 2000
Effort required to cleanse the political funding system in India: Arun Jaitley
250px; width:300px;margin:0 auto;'>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1559567251990-0'); });Highlight87:5% reduction in Income Tax for companies with annual turnover of less than Rs 50 crore
The net tax revenue grew by 17% in 2015-16: Jaitley
Capital Gains Tax holding period reduced from 3 years to 2 years for real estate
We are committed to make taxation rates reasonable and expand tax base of the country: Arun Jaitley
3.7cr individuals who file tax returns, 99 lakh showed income below Rs 2.5 lakh
We are largely a tax non-compliance society: Arun Jaitley
Direct tax collection very low in India
Arun Jaitley announcing tax proposals for 2017-18
Fiscal deficit pegged at 3.2 % of the GDP
Defence expenditure, excluding pension, Rs 2 lakh 74 thousand crore
Total Budget expenditure - Rs 21 lakh 47 thousand crore
New law soon to confiscate assets of economic offenders who have fled the country
Proposal to rationalise number of tribunals wherever appropriate
Head post offices to be used as head office for passport procurement in far flunged areas
Two new schemes to be launched soon to promote BHIM app
1.25 lakh people have adopted BHIM app
Promotion of digital economy integral part of government's plans
FIPB to be abolished in 2017. Roadmap to be announced soon
Govt will continue with its reform agenda, says Arun Jaitley
Highway allocation raised to Rs 68,000 crore
Proposal for an integrated public sector oil major
Airport assets to be monetised
High speed broadband connectivity for more than 1 lakh gram panchayats
Rs 10,000 crore for BHARATNET project in 2017-18
Selected airports in tier-2 cities to be operated under PPP model
2,000km coastal roads have identified for construction
New Metro Rail policy to be announced
Service Tax for E-tickets booked through IRCTC to be scrapped
Railway to offer end-to-end transportation services
Special corpus fund of Rs 1 lakh crore for Railway Safety Fund
Rs 1.31 lakh crore including Rs 55,000 crore provided for Railways. Railway line of 3,500 km will be commissioned in 2017-18
Unmanned level crossing to eliminated by 2020
Railways to focus on passenger safety, cleanliness and accounting and financing
Jharkhand, Gujarat to get two new AIIMS
Proposal to create 1 crore houses for the houseless by 2019
Five special tourism zones will be set up
Mahila Shakti Kendra given Rs500cr to provide one stop convergance system to empower rural women
SANKALP programme for skill development for training of 1 crore youth
Outcome based ranking system for higher education institutions
Reforms in UGC for higher education
Innovation Fund for secondary education
Sanitation coverage in rural areas increased from 49 to 67 % under Swachh Bharat Mission
100% rural electrification by 2018: Jaitley
We propose to complete 1 crore houses by 2019: Arun Jaitley
Government has taken conscious effort to reinvent MNREGA, Rs 48,000cr earmarked for it: Arun Jaitley
Fasal Bima Yojana - coverage to be raised from 30% in FY17 to 40% in FY18 and 50% in FY19: Arun Jaitley
With better monsoon, agriculture is expected to grow at 4.1 per cent in current year: Arun Jaitley
We are committed to double farmers' income in the next five years: Arun Jaitley
We are aware we need to do more for our people. Our prime agendas are transform, energise and clean India: Jaitley
Merger of Railway Budget with General Budget is a historic step. However, functional autonomy of the railways to continue: Jaitley
250px; width:300px;margin:0 auto;'>googletag.cmd.push(function(){googletag.display('div-gpt-ad-1559567251990-1'); });Highlight38:Budget 2017-18 contains three major reforms, says Arun Jaitley
We are moving from informal to formal economy: Jaitley
The pace of remonetisation has picked up and soon will reach comfortable levels: Arun Jaitley
A right cause never fails, Jaitley evokes Mahatma Gandhi
Like all reforms, demonetisation is also seen to be destructive, says Arun Jaitley
International Monetary Fund estimates that the world GDP will grow by 3.1% in 2016 and 3.4% in 2017: Jaitley
India has become sixth largest manufacturing country: Arun Jaitley
FDI increased by 36 per cent, account deficit came down to 0.3 per cent: Arun Jaitley
Foreign Exchange Reserve has reached 360 billion dollar: Jaitley
Presenting this Budget in view of economic uncertainity worldwide: Jaitley
Massive war against black money has been launched: Jaitley
We have moved from favouratism to transparency in decision making: Arun Jaitley
Our govt was elected amid huge expectation: Arun Jaitley
Finance Minister Arun Jaitley begins his Budget speech
Cabinet approves Budget
Budget has a sanctity. There should be no controversy over it. It is a Constitutional liability: Venkaiah Naidu
Budget a Constitutional obligation, will go ahead as planned: Lok Sabha Speaker Sumitra Mahajan
Finance Minister Arun Jaitley says he will be presenting Budget at 11am
Prime Minister Narendra Modi arrives at E Ahamed's house
President Pranab Mukherjee gives his assent allowing Arun Jaitley to present Union Budget 2017
All opposition parties are of the opinion that Budget be postponed by a day: Mallikarjun Kharge
Congress calls for postponing Union Budget
Finance Minister Arun Jaitley reaches Parliament
Jaitley may surprise the common man by lowering excise tax on petroleum products
The expectation is that the basic exempted income limit for an individual below 60 years will go up to Rs 3 lakh
It is widely anticipated that the government will increase the tax slab
Experts believe there are likely to be more of good surprises in this year's Budget due to the upcoming elections
Rupee extends gains, up 24 paise against dollar
Budget will be presented and Kerala MP E Ahamed's obituary may happen before or after it: Govt sources
Finance Minister Arun Jaitley is meeting President Pranab Mukherjee
Budget copies reach Parliament
Market has opened on a positive note. Sensex 15 points up, Nifty 11 points up
Note ban a risk to growth target for financial year 2017-18: Economic Survey
Economic Survey hints at growth slowdown in the next fiscal
It will be a challenging task for Arun Jaitley as he will be presenting the Budget less three months after PM Modi's demonetisation move
Allocation of Rs 20,000cr for safety upgrade and customised trains for agri products are likely to be in focus of Jaitley's first Rail Budget
For the first time in history, Rail Budget has been merged with Union Budget.
Finance Minister Arun Jaitley will be presenting his fourth budget
Hello and welcome to LIVE coverage of Budget 2017

Union Budget 2017-18 LIVE: Income Tax rates reduced for those earning between Rs 2.5 to Rs 5 lakh

Finance Minister Arun Jaitley presented BJP government's fourth Budget on February 1, 2017.

EC bars announcement of schemes related to poll-bound states in budget speech

Budget'17: Pharma industry wants govt to offer tax clarity

LATEST

Must Read

TECH NEWS