union budget 2018

 

Import duty on TV panel part halved to 5 pc, to encourage LCD/LED mfg

Mar 24 2018

The govt has halved customs duty on 'open cell' used in the manufacturing of LCD and LED television panels to 5 percent, a move intended to boost domestic manufacturing.

Budget passed without discussion in LS as protests continue

Mar 14 2018

The govt got the Budget for fiscal year beginning Apr 1 passed in Lok Sabha without discussion by applying the guillotine process.

Skoda to hike prices by up to Rs 35,000 from March

Feb 21 2018

Skoda said it will increase prices across its entire model range by up to Rs 35,000 from March 1 to pass on the impact of custom duties announced in the Union budget.

NHPS to initially cost under Rs 12,000 cr per annum: Report

Feb 20 2018

With the debate on the fiscal burden of the NHPS continuing, a report has pegged the cost of the new healthcare plan under Rs 12,000 crore per annum.

Budget positive for gold industry: World Gold Council

Feb 16 2018

"For example, the Bureau of Indian Standards is working on regulatory guidelines to make hallmarking mandatory," the report said.

India's fiscal deficit target of 3.3% of GDP welcomed by IMF

Feb 16 2018

The IMF has welcomed the fiscal deficit target set by India in its annual budget and noted that the country is returning to the path of gradual fiscal consolidation.

Government sets target of Dec 2018 to develop iconic sites

Feb 15 2018

The Government has set a target of Dec 2018 to develop 10 iconic sites in the country and 100 monuments to international standards, Culture Minister Mahesh Sharma said.

Chorus of dissent against budget grows: Chidambaram

Feb 13 2018

Chidambaram said that the chorus of dissent against the 2018-19 budget has grown and even economists of the govt and the RBI Governor have spoken against its provisions.

No reduction in inflows for mutual funds after LTCG, says AMFI

Feb 13 2018

The mutual funds industry does not see any reduction in the inflows of funds after the proposal of LTCG and dividend distribution tax (DDT), an official said.

'Ayushman Bharat' insurance scheme ambitious, not impossible: Goyal

Feb 12 2018

Piyush Goyal said providing Rs 5 lakh cover for 10 crore people under the govt's 'Ayushman Bharat' insurance scheme is an "ambitious" project but not an "impossible" one.

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