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Budget Flashes

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  • 01:32 | FLASHES: Deemed rental taxation relaxed for 1 yr for builders holding stock in trade, says KPMG
  • 01:27 | FLASHES: Deemed rental taxation relaxed for 1 yr for builders holding stock in trade, says KPMG
  • 01:24 | FLASHES: FIPB may be phased out by 2017-18. New FDI policy under consideration, says KPMG
  • 01:22 | FLASHES: Relaxation in tax incentive conditions could make housing more affordable, says KPMG

Budget Highlights

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  • 12:51 | FLASHES: Reduce existing tax rate for income of Rs 2.5-5 lakhs to 5% from 10%, says FM
  • 12:24 | FLASHES: Peg fiscal deficit for 2017-18 at 3.2%, in-line with market expectations, says FM
  • 12:22 | FLASHES: Net borrowing limited to Rs 3.48 lk cr, says FM
  • 12:33 | FLASHES: Propose to make changes in capital gains tax for housing, says FM

MARKET ACTION » Market Live: Sensex, Nifty continue uptrend; Europe could open higher

  • Sensex

    30486.98

    185.34 (0.61%)

  • NIFTY 50

    9420.10

    59.55 (0.64%)

  • Nifty MID100 Free

    17227.90

    107.35 (0.63%)

  • S&P BSE Smallcap

    14696.34

    139.77 (0.96%)

  • Dollar-Rupee

    64.52

    -0.22 (-0.33%)

  • GOLD 05 Jun

    28719.00

    6.00 (0.02%)

sector impact

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Infrastructure - General
  • Govt trying to expand airport capacity over next 10-15 years, with participation of private sector
Power - Generation/Distribution
  • Countervailing duty on machinery for renewable energy cut to 6%
Cigarettes
  • Govt hikes excise duty on various lengths of cigarettes by 2.5% & 6%
  • ITC

    299.30

    Vol: 6,231k

    -0.6

    -0.2%

  • Godfrey Phillip

    1176.50

    Vol: 50k

    6.5

    0.56%

  • VST

    3064.00

    Vol: 0k

    20.2

    0.66%

Cement - Major
  • Govt allocated Rs 3.96 lakh cr for infrastructure
Construction and Contracting - Real Estate
  • Govt proposes to make changes in capital gains tax for housing

tax corner

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Arun Jaitley Budget
It is that time of the year when everybody is hoping that the Finance Minister has some good news for them in the Budget. Read moneycontrol user's letters to the FM
  • Posted by : test_ac123

    Congratulations Modi on a great budget

Abhishek Goenka

25 May 2017, 13:00

Abhishek Goenka

Founder & CEO , IFA Global

Budget POLL

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