Tapping into the burgeoning BFSI market
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The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
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Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
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At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
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M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
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Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
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At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
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Union Budget 2017-18
Union Budget 2017-18 presented today reinforces government’s intent to bring about key reforms such as incentivising small tax payers, awarding infrastructure status to affordable housing segment, redeploying capital gains tax into a bigger basket, phasing out FIPB and focus on rural development. Various provisions of the Finance Bill aims to strengthen the financial sector and bring in structured monetary reforms.
Key highlights of the Union Budget include:
- Use of technology in India for a robust “digital economy” which would enable speed, accountability and transparency including expansion of digital “cash less” economy with the launch of Aadhar linked pay and BHIM app.
- Boost to the rural economy by way of enabling small farmers to increase their productivity through the use of micro-irrigation and technology.
- Keeping in view the target to provide housing for all by 2022, awarding Infrastructure status to low income group housing.
- Increased budget allocation to Agriculture and Infrastructure.
Please click to read key highlights of the Union Budget and read the views of our experts.