Budget Impact on Construction Sector

By Akshay Chaudhury Challenges faced by the Industry: Low-cost finance via FDI, ECB, and domestic banking assistance: Both the Centre and state must work together to remove bottlenecks for faster implementation of the reform measures in order to promote FDI in real estate. The ECB route should be opened for developers and FDI must be permitted in […]

IMPACT OF BUDGET 2017 ON INDIAN IT SECTOR

by Divya Ramesh INDIAN IT SECTOR OVERVIEW IT sector in India can be categorized into the following segments- Software products and engineering services (own software products) IT services (application, website development) IT enabled services (medical – transcription, BPOs, ERP) IT hardware (PCs, laptops, mobile phones) The IT industry has had a 5-year CAGR of 10.1% from […]

BUDGET IMPACT ON TEXTILE SECTOR

By Abhishek Kwatra Expectations: Increased allocation from the budget spending towards the textile sector. Budgetary allocation towards Amended Technology Upgradation Fund Scheme (ATUFS) was expected to increase.Under ATUFS, the garment manufacturing units get a subsidy of 25% for capital expenditures which was increased from 15% in Jan ’17 recently. Its budget allocation was reduced to Rs. […]

IMPACT OF BUDGET 2017 – 18 on PHARMA SECTOR

by Twinkle Garg Expectation from Budget – Phasing out of weighted deductions Incentives for patents Exemptions of certain duties and taxes Boost to SME What the Budget has to offer? Action plan prepared to eradicate following non-communicable disease (NCD) – Kala Azar by 2017 Filariasis by 2017 Leprosy by 2018 Measles by 2020 Tuberculosis (TB) by […]