The finance minister presented union budget 2017 in the parliament on 1 February 2017.Here we have analyzed the impacts of all provisions of the budget which are made for infrastructure and real estate sectors.
The finance minister said that the major source of income for the State in Value Added Tax. Since the GST will replace VAT, there will be a loss in the revenue, which will be compensated by the Centre.
Out of the total Budget of Rs 48,000 crore, the AAP government has allocated Rs 11300 crore for education, Rs 5,736 crore for health, Rs 5,506 crore for Transport and Rs 3,467 for Social Security and Welfare.
FRBM act is set to be reviewed as mentioned in the finance minister’s budget speech. Questions like how it should be done and what are the problems and solutions of it are discussed in this piece of writing.
The Finance minister presented the union budget 2017 in the Parliament. There is an important provision included in the budget i.e. reduction in the undeclared donations to political parties. Here we have analyzed this concept in detail.
So far, the year 2017 has been abuzz with the presentation of various budgets at the Union and State level. With this in view, jagranjosh.com has developed this page to provide various articles related to Budget at one place so that readers and competitive exam aspirants get all the information in one go.
Answering the expectations of the 1.2 billion Indians, Finance Minister Arun Jaitley presented the Union Budget 2017 in the Parliament today. While expert analysis and opinions are already underway with even PM lending his support by terming the budget as ‘Utam’; for the common man, it all boils down to how the union budget 2017 will affect his pocket.