Union budget: 2016-17
BUDGET DOCUMENTS
- Key to Budget Documents
- Budget Highlights (Key Features)
- Budget Speech
- Budget at a Glance
- Annual Financial Statement
- Finance Bill
- Memorandum
- Receipt Budget
- Expenditure Budget
- Customs & Central Excise
- The Macro Economic Framework Statement
- The Medium Term Fiscal Policy Statement
- The Fiscal Policy Strategy Statement
- Statement of Revenue Foregone
- Implementation of Budget Announcements
DETAILED BUDGET HIGHLIGHTS
- Budget allocation of Rs2,46,727 cr for defence fails to impress
- GDP accelerates to 7.6%; Budget 2016-17 built on agenda of 'Transform India'
- Tax proposals aimed at boosting economic growth and employment generation: FM
- Key reform measures announced by finance minister Arun Jaitley
- Union Budget 2016-17: Expenditure up 15.3% at Rs19,78,000 crore; no plan-non-plan classification from FY18
- Cars, jewellery and cigerattes to cost more
- Union Budget 2016-17: PF amount to be 60% taxable from 1 April
- Union Budget 2016-17: Customs, excise duty rates rationalised
- Budget blues: Sensex, Nifty end lower as GAAR looms
- Union Budget 2016-17: FM proposes tax relief for housing loan upto Rs35 lakh
- Union Budget 2016-17: Rs2,000 crore for LPG connection for BPL households to help 1.5 crore families
- Union Budget 2016-17: Spreading benefits, casting tax net wider
- Deduction limit raised for income up to Rs5 lakh
- Jaitley presents Union Budget 2016-17
SECTORS
- 100% deduction of profits for startups for 3 out of 5 years
- Total proposed outlay on roads, rail at Rs 2,18,000 crore
- Government will provide calibrated marketing freedom to incentivise oil, gas production
- New Health Protection Scheme to provide health cover up to Rs 1 lakh per family announced.
- Union Budget 2016-17: FM announces slew of farmer-friendly schemes
- Union Budget 2016-17: Jaitley announces tax sops for affordable housing
- Union Budget 2016-17: FM allocates Rs35,984 crore for agriculture and farmer welfare
REACTIONS
- Focuses on reviving investment cycle
- Union Budget 2016-17: Manmohan, Chidambaram dub budget as "wasted opportunity"
- Applaud focus on farmers, rural infrastructure, irrigation
- A fiscally responsible budget
- Promising infrastructure and investment push
- From reforms to uplifting agriculture
- Welcome focus on regional air connectivity
- Fiscal prudence signals commitment to macro-economic stability
- Budget will provide comfort to investors over macro-economic stability
- Provides a clear road map on housing
- Raising farmer's income will boost rural economy
- Accepts proposition to reduce taxes for small entrepreneurs.
- The devil or the angel is going to be in the fine print
COMMENT
- Investment in rail, roads to reduce per-km transport costs
- 100 per cent FDI in food processing to benefit palm oil sector
- Union Budget 2016-17: Ficci, Assocham hail balanced budget
- India's budget posts a pleasant surprise: HSBC Global Research
SPECIAL REPORTS
- Budget silent on defence spending, harps on fiscal discipline
- Allowing 100% FDI in marketing food produced in India a welcome move: Harsimrat Kaur
- Budget silent on defence spending, harps on fiscal discipline
- PPF is tax-free, only EPF 'interest' to attract tax: Finmin
- Agriculture cess adds to service tax burden; spectrum transfer added to service
- Union Budget 2016-17: Reducing black money, clearing bad debt
- Tax proposals aimed at boosting growth and employment: FM
- Small taxpayers get relief; focus on value addition and job creation
- Union Budget 2016-17: Rs100 crore each for birthday celebrations of Pt Deen Dayal Upadhyay and Guru Gobind Singh
- Union Budget 2016-2017 : Budget will bring positive change for aam admi: PM
- Union Budget 2016-17: Paswan hails increase in price stabilisation fund to Rs900 crore
- Reforms in FDI Policy in insurance, pensions, asset reconstruction companies, stock exchanges
- Promoting a tax-friendly regime through a new 'Dispute Resolution Scheme'.
- Union Budget 2016-17: Ek Bharat Shreshtha Bharat Programme to be launched soon.
- Simplification and rationalisation of taxes
- Comprehensive Code on resolution of financial firms to be enacted.
- Union Budget 2016-17: FM set aside Rs1700 crore for multi skill training institutes.
- Union Budget 2016-17: Modi focuses on UPA's job scheme MGNREGA
- Union Budget 2016-2017 : FM opens compliance window to declare undisclosed income
PRE-BUDGET REPORTS
- Budget 2016: Pharma & healthcare companies look to tax sops, infra status
- Steel manufacturers seek more cover against imports
- Commerce minister keeps budget hopes of exporters alive
- Health ministry bats for 40% hike in taxes on tobacco products
- Budget 2016 likely to revive `strategic sale' policy
- Budget may offer capital gains tax relief to home buyers, venture funds
- Budget to provide Rs1,10,000-crore for pay panel recommendations