Budget 2017 Wishes unfulfilled: What you wanted and what you got in Budget 2017 - News Summed Up

Budget 2017 Wishes unfulfilled: What you wanted and what you got in Budget 2017


Below are the details of what different sections wanted and what they got in Budget 2017. However, Budget 2017 has failed to meet most of the raised expectations.What you wanted: Minimum slab for personal income tax was expected to be raised by at least Rs 1 lakh. Minimum Alternate Tax (MAT) on special economic zones was expected to be reduced to 10 per cent in the upcoming Budget to boost investments. No additional capital infusion except Rs 10,000 crore under the ongoing Indradhanush scheme.What you wanted: Higher income tax incentives for first-time home buyers. More income tax exemptions on home loan.


Source: Economic Times February 01, 2017 11:37 UTC



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