The fact that this will be the last full budget before the 2019 elections and that the government has already spent all of its budgeted expenditure for this financial year.
About 73 per cent of the capital spend for highways has been used till November 2017, but only 33 per cent of planned highways are complete.
Trade Unions want the government to allocate more funds in the Union Budget for employment generation and claimed that opening up the retail market to foreign players would lead to further loss of jobs.
The proposals before the ministry is to hike the tax exemption limit from the existing Rs 2,50,000 per annum to at least Rs 3,00,000.
Implementation of the Real Estate (Regulation and Development) Act (RERA) and on-going slump has raised industry’s expectation from Union Budget 2018 -19.
Budget 2018: How GST has taken away the wind out of the Union Budget presentation Budget 2018: Every year when the Union Budget was presented in the Parliament by the Finance Minister, the people of the country glued their eyes to…