Union Budget 2017-18: Key Expectations
The Finance Minister, Arun Jaitley will table the Union Budget 2017-18 in the Parliament today. While there are many expectations from the Union Budget, here are a few things one should expect from it.
# Reduction in taxes: These would be in almost every tax payers mind, and reduction in taxes will boost the consumption demand.
# Boost in governmental schemes: Expect more fund allocation towards the government schemes with focus on rural and agricultural schemes.
# Capital gains tax: Indian markets will be keenly watching any commentary of the Finance Minister, Arun Jaitley towards the capital gains tax.
# GST: Arun Jaitley may announce new estimates for the GST rollout. Economic survey however estimates that the GST will be rolled out in this fiscal.