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union budget 2018 Page-3

Budget 2018: Boost to economy, Rs 5.97 lakh cr allocated for infrastructure

In his Budget address, Finance Minister Jaitley termed infrastructure as 'growth driver' of the economy.

01 Feb 2018 3:06 PM

UDAN to connect 56 unserved airports, says Jaitley

Govt has proposed expansion of airport capacity by more than five times to handle a billion trips a year under a new initiative.

01 Feb 2018 2:55 PM

Budget 2018: Salary raise for Prez, VP, guvs; know how much they'll get

The budget proposes salary hike of the President to Rs 5 lakh, vice-president to Rs 4 lakh and governors of states to Rs 3.5 lakh.

01 Feb 2018 2:42 PM

Budget 2018: Education cess raised to 4 pc, no division in schools

Jaitley proposed to launch a scheme to revitalise research-based education with Rs 1 lakh crore in the next four years.

01 Feb 2018 2:40 PM

Budget for Railways: Bengaluru, Mumbai big gainers

Bengaluru will get a corpus of Rs 17,000 crore for the local rail network. Karnataka goes to polls this year.

01 Feb 2018 2:24 PM


Budget 2018: Railways gets Rs 1.48 L Cr for world-class trains

New world-class train sets, dedicated freight corridors are coming up and electrification is being taken up as a priority task.

01 Feb 2018 2:13 PM

Union Budget 2018 unveils healthcare for 500 million of India's poorest

The government currently provides 30,000 rupees towards healthcare for poor families.

01 Feb 2018 2:11 PM

Govt to soon announce steps to tackle NPAs of MSMEs: Jaitley

MUDRA Yojana launched in April 2015 has led to a sanction of Rs 4.6 lakh crore in credit to some 10.38 lakh MUDRA loans.

01 Feb 2018 1:48 PM

Union Budget 2018: Increased import taxes to make mobile phones deerer

The union budget for 2018 increases the customs duty levied on mobile phones from 15 per cent to 20 per cent.

01 Feb 2018 1:25 PM

Budget 2018: Govt misses fiscal deficit target; higher at 3.5 pc in FY'18

Fiscal deficit has a bearing on sovereign rating of the country as well as the debt market.

01 Feb 2018 1:21 PM


Cryptocurrencies not legal, will eliminate their use: Jaitley

RBI has not given any licence to any entity/company to operate such currencies.

01 Feb 2018 12:45 PM

Budget 2018: Govt to pay full MSP even if farmers sell below price

The finance minister said the agricultural output of the country is at a record high and wage of farmers will be doubled by 2022.

01 Feb 2018 12:37 PM

Govt to take steps to promote agri commodity exports: Jaitley

India's agri exports potential is as high as USD 100 billion against a current export of USD 30 billion.

01 Feb 2018 12:31 PM

Union Budget 2018 predicts exports to expand by 15 per cent this year

The country's merchandise shipments rose 12.36 per cent to USD 27.03 billion in December 2017.

01 Feb 2018 11:59 AM

India USD 2.5 trillion economy, set to be 5th largest in world: Jaitley

Finance Minister said in Budget speech that India will grow 7.2-7.5 per cent in second half of current fiscal.

01 Feb 2018 11:53 AM


Budget 2018: Relief for the salaried, standard deduction back of Rs 40k

There were hopes ahead of Budget that Finance Minister Arun Jaitley would make the middle class happy.

01 Feb 2018 10:54 AM

Arun Jaitley to break tradition, will deliver Budget in Hindi

Sources in the know said that the main idea is to establish a direct connect with the rural populace.

01 Feb 2018 10:54 AM

Despite long-term capital gain tax, markets steady but what does 'grandfathered' mean?

The 30-share BSE index, which had lost 318.23 points in the previous two sessions, recovered 171.38 points to 36,136.40.

01 Feb 2018 10:28 AM

Budget 2018: GST revision concerns retailers

Gold jewellery retailers said they prefer old tax of one per cent on ornaments instead of three per cent.

01 Feb 2018 10:23 AM

Union Budget 2018: Key highlights

Finance Minister Arun Jaitley says, 'This year’s budget will focus on strengthening rural and agricultural economy.'

01 Feb 2018 10:05 AM