Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors. Following are the highlights of Union Budget 2017-18, presented by Finance Minister Arun Jaitley in Parliament on February 1: Tax rates halved ... Rediff.com, 3 weeks ago
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Posted by Equitymaster Barring China (down 0.3%), major global indices closed on a positive note. The US equity markets closed at a record high on Friday as the broad indices witnessed its best winning streak since June 2014. The European shares had their ...Equitymaster.com, 2 months ago
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