The expenditure estimate for the telecom PSU in the revised estimates for 2016-17 has been lowered to Rs 4,800 crore.

For the aam aadmi, the Budget document's economic jargon can be intimidating. We break it down here to help you understand where exactly yo...

There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.

Here some of the key features of Union Budget 2016-2017 that you shouldn't miss.

Agricultural marketing is a state subject and the central government had first circulated the model APMC Act in 2003 for the states to adop...

The land holder in any real estate project has to pay tax on the gains only once the project is complete.

Emphasis will be given on science education and flexibility in curriculum to promote creativity through local innovative content.

Arun Jaitley listed 10 themes for Budget 2017 to convey the overall thrust of his proposals. Most of these suggest a cautious approach to e...

With a good monsoon this year, rural economy was expected to do well. But, with additional spending by the government in the rural areas ru...

The President's address to Parliament on Tuesday noted that the government had been working to create new avenues and make technical educat...

The incentives, which would include price insurance for some crops and higher interest subventions among others, will also pave the way for...

It is expected that Jaitley on February 1, 2017 may announce some upward revision in the income tax slabs to benefit the common tax payers ...

The tax rates/slabs were last changed in the financial year 2014-15. The Finance Minister may enhance the same this year.

GAAR will also override the provisions of tax treaties entered into by India with other countries. In fact, the recently signed protocol wi...

The poetry recited so far in budget speeches has been quite diverse—from Urdu poet Allama Iqbal to Tamil poet and philosopher Thiruvalluvar.

MAT provisions, as they largely stand now, draw their genesis from the Finance Act, 2000, which introduced tax at 7.5% of book profits.

People who pay income tax are likely to be the big gainers, having faced hardship due to demonetisation while also likely getting lower sal...