Transcription of February 01, 2018 Budget Review 2018-19 - ICICI …
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February 01, 2018 Budget Review201819-Rejuvenating Bharat for inclusive growth while balancing fiscal deficit2 Inthebackdropofgrowingexpectationsofapop ulistBudgetcoupledwithapprehensionsonimp ositionoflongtermcapitalgainstaxonequiti es, EaseofLiving ,amidpressureonexistingresources,theFina nceMinisteremphasisedonincreasingexpendi tureoninfrastructuredevelopmentincluding roads,airports,railways, , , ,withhostofincentives,includingloweringt hecorporatetaxrateto25%forentitieswithtu rnoverlessthan| ,ataxrateof10%wasimposedonincrementalgai nswitheffectfromJanuary31,2018foranequit yholdingperiodofgreaterthanayearoncapita lgainsexceeding| ,theapprehensionoverLTCG washandledinapragmaticwayasitwasintroduc edwith grandfatheringclause ,therebydispellingtheinvestors ,indeed,seemstobeaprudentmixofthrustonup liftingruralmasses, : ~|35000crore(revenueaccountedforonly11mo nthsduetospilloverimpact).
February 01, 2018 Budget Review 2018-19 Rejuvenating Bharat for inclusive growth while balancing fiscal deficit
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