Published on 3/02/2017 1:26:46 PM | Source: Angel Broking Pvt Ltd

Budget 2017: Key Highlights and Sector Impact - Angel Broking

Posted in | #Union Budget #Angel Broking Pvt Ltd


Key Highlights of Union Budget 2017-18  

* Fiscal discipline to be maintained  

* Widening tax base and higher tax compliance to boost direct tax collection  

* FY2018E indirect tax collection to grow slower on higher FY2017 base  

* Telecom revenues rationalized  

* Disinvestment target appears higher  

* Emphasize on incremental capital expenditure and lower revenue expenditure  

* Affordable Housing and rural sector gets more attention  

* Subsidy burden higher than estimates  

* Abolishment of FIPB indicates more liberalization  

* Relaxation of Tax rates – positive for consumption

 

Sectoral Impact

 

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