Articles tagged under: Budget 2017

Major highlights of Gujarat Budget 2017-18

February 21, 2017
Major highlights of Gujarat Budget 2017-18

Gandhinagar: Following are some of the announcements made today by Finance Minister Nitin Patel while presenting budget for financial year 2017-18 in the assembly. For more on Gujarat budget visit deshgujarat.com/tag/gujarat-budget - Stipend to those passing UPSC now to be given not just to SPIPA students but to all eligible. - Four new family courts at Gir Somnath, Arvalli, Morbi and Devbhumi Dwarka districts. -Special courts at Arvalli and Gir Somnath for atrocity cases. - Appoin...Read More

Budget 2017: Gujarat govt proposes to change the name of Agriculture department

February 21, 2017
Budget 2017: Gujarat govt proposes to change the name of Agriculture department

Gandhinagar; Gujarat government has taken a decision to change the name of Agriculture and Cooperatives department to Agriculture, Cooperative and Farmers Welfare department. This announcement was made by Finance minister Nitin Patel in his budget speech in the Gujarat assembly today. Finance Minister presenting the budget announced increase in farmers subsidy from existing 50% to 70% for drip irrigation. Subsidy for Schedule Tribe will be 85% instead of earlier 75%. He proposed Rs 313 cro...Read More

Gujarat Budget: New engineering college at Dholka, Sainik schools at Veraval and Surat

February 21, 2017
Gujarat Budget: New engineering college at Dholka, Sainik schools at Veraval and Surat

Gandhinagar: Gujarat government today in its budget made announcement of two new Sainik Schools at Veraval and Surat. Finance Minister Nitin Patel in his budget speech also announced 30 new government schools. Announcement was also made to set up a new engineering college on public private partnership model at Dholka in Ahmedabad district which is the constituency of education minister Bhupendrasinh Chudasama. The finance minister also announced that female students in standard 9-12 in 5,347 g...Read More

Medical education for female students to be made completely free: Gujarat Budget

February 21, 2017
Medical education for female students to be made completely free: Gujarat Budget

Gandhinagar: Gujarat government will offer free medical education to female students. Finance Minister Nitin Patel while presenting budget today in the assembly said female students at present get assistance matching to 50% of total fees under Mukhyamantri Yuva Swavlamban Yojana(MYSY). The government now also bear balance 50% fee from Kanya Kelavani Nidhi in self finance colleges. This would make medical education for girls free. The government has allocated Rs 1100 crore for Mukhyamantri Yuva...Read More

VAT revenue up by 21.83% due to demonetization move: Nitin Patel in budget speech

February 21, 2017
VAT revenue up by 21.83% due to demonetization move: Nitin Patel in budget speech

Gandhinagar: Finance Minister Nitin Patel while presenting his budget for financial year 2017-18 today in the assembly said Value Added Tax(VAT) revenue for Gujarat government saw increase due to Central government's demonetization move. Sharing the figures, Nitin patels aid VAT revenue has been up by 21.83% in November - January period of demonetization move. He said, while VAT revenue in year 2015-16 during November to January period was Rs 10,198 crore, the revenue in same period in 2...Read More

Gujarat govt welcomes union budget

February 01, 2017

Welcoming the announcements in union budget presented today by Finance minister Arun Jaitley, Gujarat deputy chief minister Nitin Patel said the decision to offer low interest loan of upto Rs 10 lakh to farmers will benefit lakhs and crores farmers of Gujarat. He said Gujarat will get central grant for SAUNI and Narmada projects under irrigation related allocation by centre. Patel said LNG supply for industrial houses in Gujarat attracts 5% custom duty which has been reduced to 2.5% in the budge...Read More

Salient Features of Direct Tax Proposals in Union Budget 2017

February 01, 2017
Salient Features of Direct Tax Proposals in Union Budget 2017

  New Delhi: The Union Budget 2017 was laid before the Parliament today by the Hon’ble Finance Minister of India. The salient features of Direct Tax proposals are summarised below:            Affordable Housing:           Three concessions in the scheme of Income Tax exemption for affordable housing: (a)          Area of 30 and 60 Sq.mtr. to be counted as carpet area and not built-up area; (b)          30 Sq.mtr. only in 4 ...Read More

PM Narendra Modi on union budget 2017-18

February 01, 2017

New Delhi: Prime Minister Shri Narendra Modi today reacted to union budget 2017-18 presented by finance minister Arun Jaitley. Full text: I congratulate the Finance Minister Arun Jaitley Jee for presenting an excellent Budget. It will empower the poor and live up to the expectations of all. It will provide an impetus to infrastructure, strength to the financial system and a big boost to the development. The budget has provisions to fulfill the expectations of everyone- from const...Read More

Some reactions on Budget from Gujarat based Industrialists

February 01, 2017
Some reactions on Budget from Gujarat based Industrialists

Ahmedabad: Gautam Adani, Chairman, Adani Group I see this year’s budget in the backdrop of fragile global economic condition and continuing uncertainty. Amidst this backdrop, India is considered to be a bright spot by international agencies including IMF, UNCTAD, etc. The Government has clearly shown it’s resolve in continuing to provide resources to rural India on three dimensions viz. agricultural front - by enhancing the crop insurance allocation and Model contract farming law pl...Read More

Full text of Finance Minister Arun Jaitley’s Union Budget 2017-18 speech

February 01, 2017
Full text of Finance Minister Arun Jaitley’s Union Budget 2017-18 speech

New Delhi: Presented here is full text of annual budget of government of India for financial year 2017 - 18 presented by Finance Minister Arun Jaitley in the Lok Sabha today: Key to Budget Documents Budget Highlights (Key Features) Budget Speech Budget at a Glance Annual Financial Statement Finance Bill Memorandum Receipt Budget Expenditure Budget Customs & Central Excise The Macro Economic Framework Statement The Medium Term Fiscal Policy Statement The Fiscal...Read More

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