Budget 2017

Consumer

07 February, 2017

Govt raises just under $1 bn via ITC stake sale

The government on Tuesday sold a 2% stake in cigarette maker ITC Ltd for Rs 6,690 crore ($993 million) as ......

General

04 February, 2017

Broad-based investment pick-up in India another two quarters away: Bibek Debroy

Bibek Debroy, a member of the government think tank National Institution for Transforming India (Niti) Aayog, feels that finance minister ......

Others

02 February, 2017

How it will impact the PE/VC industry and M&A deals

The government last year had made efforts on both tax and regulatory fronts to boost the PE/VC industry. It provided ......

General

01 February, 2017

Budget 2017: Several positives for the PE/VC industry

This is a very difficult or rather a unique Budget for the finance minister with the Election Commission's restrictions on ......

General

01 February, 2017

Financial services sector to benefit from enhanced expenditure

The Union Budget has unveiled several measures that would positively impact the overall economy. However, the financial services sector would ......

General

01 February, 2017

Misses roadmap to cut corporate tax, phase out exemptions

The much-anticipated Union Budget 2017 expectedly showcased the government’s intention to promote digital economy and curb black money. In the ......

General

01 February, 2017

Jaitley removes uncertainty over tax for limited partners, PE funds

Offering foreign portfolio investors (FPIs) a respite, Finance Minister Arun Jaitley exempted them from the purview of indirect transfer provisions.“In ......

General

01 February, 2017

Govt sets record disinvestment target for FY18

The government on Wednesday laid out a record disinvestment target for the forthcoming financial year as part of measures to ......

Infrastructure

01 February, 2017

Affordable housing gets infra status, more tax relief for real estate

Finance minister Arun Jaitley showered largesse on the realty industry after the prime minister spooked the sector with demonetisation three ......

General

01 February, 2017

Feel good for janta, disappointing for corporate India

Finance minister Arun Jaitley almost replayed his last year’s Union Budget speech on Wednesday, if not in words then in ......