Thursday, February 1, 2018

Watch: Team TOI discusses main points of Budget 2018

35 mins ago

People wearing 'Hawai Chappal' will also be able to use Hawai Jahaj: FM

36 mins ago

In the 1 hour 45 minute speech, 1 hour was for the poor. This is indeed historic. The opposition has become too pessimistic: Union minister MJ Akbar

38 mins ago
Its a balanced budget which is for every section of society, especially the focus on farmers and health services of the poor. Economy will also get a boost. I congratulate PM Modi and FM Jaitley
Piyush Goyal, railway minister
38 mins ago


I want congratulate Prime Minister Narendra Modi on announcing the world's biggest national health protection scheme. This budget is for the development of the poor, for farmers and increasing their income, senior citizens and women: Union Minister Smriti Irani
02:16 PM (IST)

Govt makes PAN mandatory for any entity entering into a financial transaction of Rs 2.5 lakh or more.

02:16 PM (IST)

PAN to be used as Unique Entity Number for non- individuals from Apri 1.

01:55 PM (IST)

Positive that the country will reach new heights of development after this budget, says PM as he concludes his address

01:54 PM (IST)

Centre's decision to contribute 12 per cent of wages of new workers in EPF for the next 3 years will give social security to employees: PM

01:50 PM (IST)

We have taken a courageous step by slashing the tax rate of all MSMEs by 5 per cent: PM

01:50 PM (IST)
This Budget is cosmetic, we are still waiting for 'achche din'
Veerappa Moily, Congress
01:48 PM (IST)

Several decisions have been taken keeping in mind the concerns of senior citizens: PM

01:46 PM (IST)

Setting up 24 new medical colleges across the country will provide healthcare to people and education opportunities to students

01:45 PM (IST)

PM Modi lauds "world's largest healthcare scheme" announced by Arun Jaitley during his budget speech

01:39 PM (IST)

Kisan credit card will help secure easy loans for farmers

01:37 PM (IST)

The farmers, dalits, tribal communities will gain from this Budget. The Budget will bring new opportunities for rural India: PM

01:36 PM (IST)

Centre will consult with states on MSP, says PM Modi

01:35 PM (IST)
Our focus is on consolidating farmers' income
PM Modi
01:35 PM (IST)

2018 budget is farmer friendly, common man friendly, business friendly and development friendly: PM

01:32 PM (IST)

The budget focuses on ease of living and not just ease of business, says PM

01:32 PM (IST)

PM Modi says the budget will strengthen the hopes of 1.2 billion Indians

01:22 PM (IST)


Announcements regarding education, health and agriculture made.
A national health protection scheme to benefit 10 crore poor families announced, it is a huge initiative. I would like to congratulate the government: Bihar Chief Minister Nitish Kumar
01:14 PM (IST)

Food processing minister Harsimrat Kaur Badal says government's decision to double ministry's budget allocation will boost farmers income and generate million of new jobs.

01:14 PM (IST)
Jaitley has failed fiscal consolidation test, this failure will have serious consequences
P Chidambaram, Congress
01:11 PM (IST)

Congress leader Manish Tewari on Budget: The govt has attempted to pay lip service to farmers and other marginalised sections of society but it is a classical case of too less and completely at the inappropriate time

01:05 PM (IST)

Lok Sabha adjourned for the day, to meet on Monday. House not to sit tomorrow in honour of departed member Chintaman Vanga

12:58 PM (IST)

Customs duty on raw cashew cut from 5% to 2.5%

12:57 PM (IST)

Central Board of Excise and Customs renamed as Central Board of Indirect Taxes and Customs

12:53 PM (IST)

No more education cess on imported goods. Will be replaced by social welfare surcharge of 10%

12:52 PM (IST)

Sensex down over 300 points as Jaitley proposes bringing listed entities under long term capital gains tax

12:49 PM (IST)

Electronic IT assessment will be rolled out across the country, leading to greater efficiency and transparency: FM

12:46 PM (IST)

Custom duty on mobile phones increased to 20% from 15%

12:44 PM (IST)

Long-term capital gains exceeding Rs 1 lakh to be taxed at the rate of 10%

12:43 PM (IST)

Standard deduction of Rs 40,000 introduced in lieu of transport and medical reimbursements for salaried employees

12:43 PM (IST)

Incentives for senior citizens: Exemption on interest income to be increased from Rs 10000 to Rs 50,000. Applies to all fixed deposit scheme

12:43 PM (IST)

Jaitley proposes 100% tax rebate for farmer producer companies having a turnover of Rs 100 crore

12:43 PM (IST)

No change in personal income tax slabs

12:42 PM (IST)

Corporate tax reduced to 25% from 30% for companies with annual turnover of up to Rs 250 crore

12:30 PM (IST)

Number of taxpayers have increase from 6.4 crore to 8.27 crore: FM

12:24 PM (IST)

Jaitley projects fiscal deficit of 3.3% of GDP

12:22 PM (IST)

Emoluments of President, Vice-President and governors will be revised to Rs 5 lakh, Rs 4 lakh and Rs 3.5 lakh respectively

12:21 PM (IST)

Automatic revision of MPs' emoluments every five years, indexed to inflation, announces FM

12:18 PM (IST)

Govt will monetise select central public sector enterprises using Infrastructure Investment Trusts

12:17 PM (IST)

Mission on cyberspace will be launched in support of establishment of centres of excellence

12:17 PM (IST)

Individual enterprises to have unique IDs: FM

12:16 PM (IST)

System of toll payments by cash being digitized