Live: Budget 2017: Union Budget 2017 Updates, Analysis

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10:58 AMShare
Corporate India's quick guide to Budget
Concessional tax rate of 10% will now apply retrospective from FY 2012-13.
10:45 AMShare
Budget 2017: Minister Jaitley vs Mr Jaitley
10:40 AM
Universal Basic Income is a wonderful idea if implemented, but Indian politics need to reach a mature level to do that
09:49 AM
FM Jaitley interacts with industry leaders
07:57 AMShare
On eve of state polls, Narendra Modi looks to clean up campaign funding

Budget FAQs

What are Public Sector Enterprises

A large part of the Plan expenditure incurred by the Central Government is through public sector enterprises.

What are Fringe benefit tax (FBT) & STT?

Fringe Benefit Tax (FBT) is the taxation of perquisites provided by the employer to his employees, in addition to the cash salary or wages paid, is fringe benefit tax.

What is Medium-term Fiscal Policy Statement?

The Medium-term Fiscal Policy Statement is presented to Parliament under Section 3(2) of the Fiscal Responsibility and Budget Management Act, 2003.

What is Fiscal Policy Strategy Statement?

The Fiscal Policy Strategy Statement is presented to Parliament under Section 3(4) of the Fiscal Responsibility and Budget Management Act, 2003.

What are Capital Receipts & Capital Payments?

The Capital Budget consists of capital receipts and capital payments. The capital receipts are loans raised by the Government from the general public.