Although Budget 2017 fell short in steps to revive the economic growth, it did well on macroeconomic stability.
Budget 2017 – New Benefits announced for NPS Subscribers
Budget 2017 – Central Government Employees disappointed – Confederation of Central Government Employees and Workers, Karnataka State reports
The amount utilised for purchase of annuity will also get tax exemption as per budget 2017. In fact, at the time of a normal exit, 40% of the total corpus is mandatorily required to be purchased for annuity.
“Income between Rs. 2.5 lakh – Rs. 5 lakh to be taxed at 5 per cent. “If nominal rate of taxation is kept at a lower slab, more people will come into the tax net.”
Highlights of Budget 2017 in Personal Income Tax Front – Except 5% reduction in Income Tax in respect of Income coming under Income Slab between Rs. 2.5 lakh to Rs. 5.0 lakh no major changes have been effected in Budget presented on 1st February 2017
संसद में बजट (Budget 2017 )पेश करने के बाद वित्त मंत्री अरुण जेटली उसके प्रस्तावों के बारे में ट्विटर पर लोगों द्वारा पूछे गए के सवालों का जवाब देंगे.
Brushing aside doubt in the wake of death of a sitting member, Finance Minister Arun Jaitley announced that he will present the Union Budget for 2017-18 as scheduled at 11 a.m.
Budget 2017 – On Wednesday, individual taxpayers would be hoping for an encore of the July 2014 Budget, and an enhanced one at that.
A volatile stock market and falling interest rates conspired to make 2016 a bumpy year for investors. The investment industry is thus expecting a bunch of sops from Budget 2017.
Budget 2017 will be keenly watched by millions of CG employees, after waiting patiently for months over hike in allowances as recommended by the 7th Pay Commission.
Budget 2017 is expected to be tax-payer friendly given the fact that it comes within months of demonetisation.
Experts are also of the view that the upcoming Budget 2017 should provide some tax gain for the common people to soothe at least the cash ban pain.