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 Budget Reports| #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


For More Angel Broking Pvt Ltd Disclaimer  


Click here to open demat account


Above views are of the author and not of the website kindly read disclaimer