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budget speech

The finance minister Arun Jaitley will present Indian Union Budget 2017-18 on February 1, 2017.

Departing from the age-old tradition of presenting the Union Budget on the last working day of February, the Narendra Modi government announced that it will now be presented on February 1. It has also decided to merge the Railway Budget with the Union Budget. Now the Union Budget and Railway Budget will be announced on same day.

In this budget, the government may hike service tax rate to 16-18 per cent from the current 15 per cent as a precursor to the GST rollout. The move, that will make flying, eating out, phone bills and a host of other services expensive, would be an attempt to take the rates closer to the proposed tax slabs for GST.

The impact of note ban on economic growth, fiscal deficit, and jobs and taxes are set to feature prominently in Arun Jaitley's budget speech of 2017.

Get the live updates from Arun Jaitley's budget speech 2017 in Parliament

budget speech News

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Karnataka's government and Raj Bhavan are set for a showdown over a bill granting 4% reservation for Muslims in government contracts. While the bill awaits legislative approval, BJP and JD(S) have petitioned the governor to reject it, citing constitutional concerns.

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TOI exclusive: Infrastructure is key, you have to build for progress, says Delhi CM Rekha Gupta
TNN / Apr 02, 2025, 23:20 (IST)

Delhi CM Rekha Gupta's maiden budget for 2025-26 stands at Rs 1 lakh crore, a 32% increase from the previous year. The budget focuses on infrastructure, employment, healthcare, and tackling water and sewage issues, with central government support and collaboration with the LG and bureaucracy.

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Delhi budget: In 138-minute speech, CM Rekha Gupta flags 10 priority areas; key details
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Delhi budget: Yamuna finds 17 mentions, Rs 500cr allocated to curb sewage flow
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In Delhi budget, CM Rekha Gupta proposes to relocate Tihar Jail, set up society for rehabilitating inmates
TNN / Mar 25, 2025, 23:23 (IST)

Delhi's BJP government proposes relocating Tihar Jail to the city's outskirts to ease congestion. A Rs 10 crore consultation and survey plan has been announced, with additional funds for renovating other detention centers. The scheme also includes prisoner rehabilitation programs and prioritizing products made in jails for government procurement. Challenges include finding suitable land and managing the relocation process.

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Delhi budget a commitment to better roads, drains, and sewerage, says CM Rekha Gupta
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Chief minister Rekha Gupta criticized the previous AAP government for mismanagement of public funds and infrastructure neglect, while announcing a significant budget increase. The new budget focuses on improving roads, education, healthcare, and public safety to fulfill BJP's election promises and revive the city.

budget speech Photos