Post Budget 2016 -17 Statement : Mr. Sumit Sawhney, Country CEO & Managing Director, Renault India Operations

Post Budget 2016 -17  Statement : Mr. Sumit Sawhney, Country CEO & Managing Director, Renault India Operations A constructive budget which will be instrumental in laying the foundations for sustainable long-term growth Overview The Government has succeeded in ensuring that…

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Budget 2016 - Quote from Future Generali India Insurance Co.

Budget 2016 - Quote from Future Generali India Insurance Co. Basis the announcement made by our Finance Minister Mr. Arun Jaitley,  Mr. Krishnamoorthy Rao, MD & CEO, Future Generali India Insurance has shared his views on the announcement.  “This year’s budget announceme…

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Grand focus on rural economy, infrastructure development in the Budget 2016-17 : ASSOCHAM president, Mr. Sunil Kanoria

Grand focus on rural economy, infrastructure development in the Budget 2016-17 : ASSOCHAM president, Mr. Sunil Kanoria Huge focus on rural economy with a commitment to double the farmers’ income by 2022 Betting quite high on rail and road infrastructure and yet sticking to th…

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Real Estate Developers React To Union Budget 2016-17

Developers React To Union Budget 2016-17 Mr. Kishor Pate, CMD - Amit Enterprises Housing Ltd. This Budget could have done a lot more for the real estate sector. However, there were some positives. The fact that the annual housing rent reduction limit has been increased from R…

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Budget 2016- 17 Reaction Quote-Microfinance Institution's Network (MFIN)

Budget 2016- 17 Reaction Quote-Microfinance Institution's Network (MFIN) Quote from Microfinance Institution’s Network (MFIN) as a reaction to the Union Budget announcement  on Feb 29. 2106. The below quote to Manoj Kumar Nambiar, President, MFIN, the Self-Regulatory Org…

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World corporate tax rates

World corporate tax rates  In the Union Budget 2016-17, the central government has allowed new companies formed after first March 2016 to be taxed at 25% provided they do not claim any tax benefits. Additionally, small companies with turnover of less than Rs 5 crore would be …

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Budget 2016-17: For first-time home buyers, additional deduction of Rs. 50,000 on interest, How helpful is it?

Budget 2016-17:  Fnance Minister Mr. Arun Jaitley brought cheer to first-time home buyers by offering an additional deduction of Rs. 50,000 on interest repayment under Section 80EE. Homebuyers already enjoy a deduction of Rs. 2 lakh on interest repayment under Section 24 fo…

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Black from white The Income Declaration Scheme, 2016

Budget 2016-2017 Speech of Arun Jaitley Minister of Finance February 29, 2016 A limited period Compliance Window for domestic taxpayers to declare undisclosed income or income represented in the form  of any asset and clear up their past tax transgressions by paying tax at 30%,  a…

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Quotes by PwC India on Union Budget 2016 -17

Quotes by PwC India on Union Budget 2016 -17 Road Sector – Enhanced allocation in road & highways sector by around 22% is definitely a positive for this sector. However, role of private sector investment would be key to achieve the target of 10,000 km of National Highways …

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Budget 2016-17: Below Expectations, But With Some Major Positives

Budget 2016-17: Below Expectations, But With Some Major Positives By Mr. Anuj Puri, Chairman & Country Head, JLL India To give him due credit, the Finance Minister Mr. Arun Jaitly has definitely made a concerted attempt to manage expectations with a balanced budget. While …

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Budget 2016-17 Is Comprehensive, Meets Expectations of Industry: CII

Budget Is Comprehensive, Meets Expectations of Industry: CII Rural Demand, Domestic Demand, Economic Reforms Will Boost Growth: CII President Budget has Something for Everybody: CII “THE BUDGET WILL ENHANCE EASE OF DOING BUSINESS AND ALSO BALANCE THE RURAL-URBAN ECONOMY”, RAME…

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Budget 2016-17 Reaction - Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor

Post Budget Reaction - Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor Mr. Vikram  Kirloskar,  Vice Chairman, Toyota Kirloskar Motor Pvt. Ltd “Part 1 of the budget gave an excellent midterm and long term direction to the economy. The vision of doubling farmers income …

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