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Budget proposes No Cash Transaction above Rs 3 lakh
01 February 2017 at 14:36Budget gives a major push to Digital Economy; proposes No Cash Transaction above Rs 3 lakh Government to launch schemes to promote BHIM app, Aadhar Enabled Payment System Mission to be set-up to achieve a target of 2500 Cr digital transactions in 201
Budget 2017 Speech of FM
01 February 2017 at 14:15Budget 2017-2018Speech ofArun JaitleyMinister of FinanceFebruary 1, 2017Madam Speaker,On this auspicious day of Vasant Panchami, I rise to present the Budget for 2017-18. Spring is a season of optimism. I extend my warm greetings to everyone on this
ICAI President's Message - February 2017
01 February 2017 at 09:56My dear professional colleagues, With the impending dawn of February, it is time to take stock of the activities, creativities and outcomes, during the Council Year 2016-17 for the furtherance of profession and national economy.
18 lakh persons identified by IT dept for online verification of cash deposits
31 January 2017 at 17:43Income Tax Department (ITD) launches Operation Clean Money Income Tax Department (ITD) has initiated Operation Clean Money, today. Initial phase of the operation involves e-verification of large cash deposits made during 9th November to 30th December
Property Tax can be tapped to generate Additional Revenue at City Level
31 January 2017 at 16:10The Economic Survey 2016-17, presented today in the Parliament by the Union Finance Minister Shri Arun Jaitley, stated that Urban Local Bodies (ULBs), having primary responsibility for the development and service provisioning of cities
Fiscal activism embraced by advanced economies not relevant for India: Economic Survey
31 January 2017 at 16:09Fiscal activism embraced by advanced economies not relevant for India: Economic Survey 2016-17 India’s economic experience underscores fundamental validity of fiscal policy principles in FRBM Act 2003: Economic Survey 2016-17 India’s eco
GDP growth in 2017-18 is projected at 6.75 to 7.5 percent Post-demonetisation
31 January 2017 at 16:09GDP growth in 2017-18 is projected at 6 ¾ to 7 ½ percent Post-demonetisation Middle class to get affordable housing due to fall in Real Estate prices Remonetisation to eliminate cash squeeze by April 2017. The Government says that the a
Economic Survey advocates reforms to unleash economic dynamism and social justice
31 January 2017 at 13:44India needs an evolution in the underlying economic vision across the political spectrum and further reforms are not just a matter of overcoming vested interests that obstruct them. This was stated in the Economic Survey 2016-17 presented in the Parl
The Constitutional Amendment on GST will create a common Indian market says economic survey
31 January 2017 at 13:44Economic Survey: The Constitutional Amendment on GST will create a common Indian market, improve tax compliance and governance and boost investment and growth. The Economic Survey states that the world GDP is expected to grow because of a fiscal stim
FM Arun Jaitley presents the Economic Survey 2016-17
31 January 2017 at 13:23Finance Minister Shri Arun Jaitley Presented Economic Survey 2016-17 in the Parliament today Economic Survey says economic growth to return to normal as new currency notes in required quantities come back into circulation and follow-up action on demo
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