Corporate Tax rate slashed to 25% ; small cap index flat to positive Corporate Tax rate slashed to 25% ; small cap index flat to positive Neerja Agarwal / Thursday, February 1, 2018 0 2062 Article rating: No rating Market was expecting the corporate tax rate to go down in the pre-election budget and benefit the companies. With focus on the budget for the MSME companies, finance minister gave big tax relief by slashing corporate tax rate to 25% from 30% earlier for FY18-19 for companies with revenue upto Rs.250cr. Read more
Government allocates Rs. 1.48 lakh crores for Railways Government allocates Rs. 1.48 lakh crores for Railways Nidhi Jani / Thursday, February 1, 2018 0 1857 Article rating: 5.0 Finance Minister, Arun Jaitley announced a Capex of Rs. 1.48 lakh crores for FY19. Bangalore Metro, Mumbai locals and unmanned rail crossing get government attention. Read more
Govt outlays Rs. 1 Lakh crore for educational infra Govt outlays Rs. 1 Lakh crore for educational infra Shashikant Singh / Thursday, February 1, 2018 0 2046 Article rating: No rating In a bid to give further impetus to Digital India, in the Union Budget 2018 government has increased its focus towards digitisation of education system and increase Digital intensity in the country. Read more
Govt to spend Rs. 5.35 lakh crore under Bharatmala Govt to spend Rs. 5.35 lakh crore under Bharatmala Amir Shaikh / Thursday, February 1, 2018 0 2751 Article rating: 5.0 Government will be focusing on the improvement of road infrastructure for seamless connectivity to various part of India. Government is expected to spend around Rs. 5.35 lakh crore for building around 35,000 Km roads in first phase. Read more
World's largest health care protection scheme initiated World's largest health care protection scheme initiated Apurva Joshi / Thursday, February 1, 2018 0 2932 Article rating: 4.5 For the healthcare sector, National Health Protection Scheme is launched to cover 10 crore poor and vulnerable families. This will benefit 50 crore beneficiaries. Read more