Live: Budget 2017: Union Budget 2017 Updates, Analysis

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Missed the Budget Buzz? Click here to read all about the happenings of the event
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Here are the highlights of Union Budget 2017
11:36 AM
Changes made in the tax slab
11:33 AM
Sectors generating service tax for the government
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Service tax has been the priority of the government

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.