-The Hindu New unit maps volume of chatter, its nature, user location As Union Finance Minister Arun Jaitley stood up on Thursday to deliver the Budget speech this year, a real-time monitoring of public online conversations around the word “Budget” was being carried out by a small unit set up by Minister Smriti Irani in the Information and Broadcasting Ministry. The longer than usual budget speech spawned many talking points and reactions, much...
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Budget 2018 has incentivised unsustainable groundwater use: SANDRP -Jayashree Bhosale
-The Economic Times PUNE: The budget allocated Rs 2600 crore for ground water irrigation scheme in 96 deprived irrigation districts. However, water sector activists claim this scheme will blindly incentivise use of groundwater in unsustainable matter. The Finance Minister announced in his speech: Ground water irrigation scheme under Prime Minister Krishi Sinchai Yojna- Har Khet ko Pani will be taken up in 96 deprived irrigation districts where less than 30% of the...
More »Richest companies have the lowest tax liability -Tina Edwin
-The Hindu Business Line They milk tax breaks in ways that smaller firms can’t, paying only 23.9% tax on average New Delhi: India’s most profitable companies paid 23.9 per cent tax on an average on their profits for financial year 2016-17, about 10.7 percentage points lower than the statutory rate of 34.6 per cent, helped by a wide range of concessions and incentives, the latest Budget documents show. These companies, 335 in all,...
More »Top analysts shoot five big holes in Jaitley's Budget -Amit Mudgill
-The Economic Times NEW DELHI: Investors may be losing sleep over the re-entry of long-term capital gains tax on equities, but analysts feel that the worrylines are actually running deeper than you realise. The mega ambitious healthcare scheme announced in the Union Budget on Thursday is one such point of concern -- which aims to benefit 10 crore poor families for secondary and tertiary care hospitalisation. Sceptics are having a field day,...
More »Finances will never be a problem for the National Health Protection Scheme: Health minister JP Nadda
-PTI NEW DELHI: Seeking to allay concerns about the funding of the National Health Protection Scheme (NHPS) announced in the Budget, Union health minister JP Nadda on Friday assured that finances will never be a problem for the scheme. The Union minister said the Centre was working out the minute details of the programme. Touted to be the world's largest government-funded healthcare programme, the scheme is aimed at benefiting 10 crore poor...
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