budget speech
The finance minister Arun Jaitley will present Indian Union Budget 2017-18 on February 1, 2017.
Departing from the age-old tradition of presenting the Union Budget on the last working day of February, the Narendra Modi government announced that it will now be presented on February 1. It has also decided to merge the Railway Budget with the Union Budget. Now the Union Budget and Railway Budget will be announced on same day.
In this budget, the government may hike service tax rate to 16-18 per cent from the current 15 per cent as a precursor to the GST rollout. The move, that will make flying, eating out, phone bills and a host of other services expensive, would be an attempt to take the rates closer to the proposed tax slabs for GST.
The impact of note ban on economic growth, fiscal deficit, and jobs and taxes are set to feature prominently in Arun Jaitley's budget speech of 2017.
Get the live updates from Arun Jaitley's budget speech 2017 in Parliament
Departing from the age-old tradition of presenting the Union Budget on the last working day of February, the Narendra Modi government announced that it will now be presented on February 1. It has also decided to merge the Railway Budget with the Union Budget. Now the Union Budget and Railway Budget will be announced on same day.
In this budget, the government may hike service tax rate to 16-18 per cent from the current 15 per cent as a precursor to the GST rollout. The move, that will make flying, eating out, phone bills and a host of other services expensive, would be an attempt to take the rates closer to the proposed tax slabs for GST.
The impact of note ban on economic growth, fiscal deficit, and jobs and taxes are set to feature prominently in Arun Jaitley's budget speech of 2017.
Get the live updates from Arun Jaitley's budget speech 2017 in Parliament
budget speech News
budget speech Photos
budget speech Videos
Top Trends
India vs EnglandRachin RavindraPakistan Cricket Gaddafi StadiumCBSE Class 10 English ExamCanada Work Permit RuleVirat KohliElection ResultsHailee SteinfeldsAnthony EdwardsDelhi Assembly Election ResultsGolden State Warriors vs Chicago BullsBypoll Election ResultsLinkedin Lessons from Brand BJPs WinCM N Biren Singh ResignsParvesh Verma BJPWhy AAP LostDelhi CMLive Cricket Score
Trending Topics
Virat Kohli Post RetirementMumbai IndiansSanjana GanesanDavid WarnerDwyane WadeIPL 2025 Captains ListVirat KohliNRI Tax StatusNYT Connections HintsAmritsar Temple BlastAIBE 19 Result 2024JEE Mains 2025 Session 2SSC CGL Final ResultUS Higher EducationSaeed AjmalHarmanpreet KaurTSPSC Group 3 ResultManish SisodiaSundar PichaiMason Rudolph
Copyright © 2024 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service