Budget 2017-18 may look to soften note ban woes by tax relief

Budget 2017-18 may look to soften note ban woes by tax relief

Finance Minister Arun Jaitley. (Photo: PTI) New Delhi: Finance Minister Arun Jaitley will on Wednesday present his fourth and perhaps the most challenging Budget that may look to soften blow of currency ban with tax and other sops as he seeks to revive growth.

While largely sticking to fiscal consolidation roadmap, Jaitley will present the Budget for 2017-18 amid strong headwinds caused by government decision to invalidate 86 per cent of the currency and the newly elected US President making protectionist noises.

Topping the list of sweeteners could be the hike in Income Tax exemption limit to Rs 3 lakh from […]

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