News

Updated : Jun 2, 2019

SIAM's budget wish: GST cut on auto, vehicle scrappage scheme

Bringing down the tax rate will reduce vehicle prices, which will help in spurring demand that has been sluggish for the last 11 months, said an industry executive

Updated : Feb 7, 2019

Rs 7.8 lakh crore tax revenues stuck in disputes

Some of these disputes date back to over 10 years, but a bulk of the amount stuck is from recent years. Of the Rs 7.8 lakh crore, disputes involving Rs 7 lakh crore are less than five years old.

Updated : Feb 5, 2019

Education and skilling opportunities in the interim budget

The interim budget announces various measures like interest subvention on loans to small businesses and village industries; The proposal to transform one lakh villages into digital villages over the next 5 years is expected to generate jobs.

Updated : Feb 4, 2019

Fiscal deficit touches 112% of FY19 budget target at Rs 6.24 lakh crore during April-December

At the end of December 2017, the deficit was 113.6 per cent of the Budget Estimate (BE).

Updated : Feb 4, 2019

Budget 2019: Key hits and misses in taxation

The salaried class has an additional reason to cheer as the limit of standard deduction, which was re-introduced last year, has been enhanced from Rs 40,000 to Rs 50,000.

UIDAI CEO Ajay Bhushan Pandey said this allocation is based on their requirement and the money allocated will meet the requirements.

Updated : Feb 3, 2019

Budget 2019: Govt cuts allocation to UIDAI for 2019-20 to Rs 1,227 crore

UIDAI CEO Ajay Bhushan Pandey said that the allocated money is based on the authority's requirements and is enough to fund its operations in the next fiscal.

Updated : Feb 3, 2019

Salaried people take note! Here's how you can pay zero tax on income up to Rs 10 lakh

If you make right investments utilising several tax saving clauses under the Income Tax Act, you can save yourself from paying tax on up to Rs 10 lakh annual income.

Updated : Feb 3, 2019

Budget 2019: Govt may increase Rs 500 per month cash support scheme to farmers in future, says Arun Jaitley

Arun Jaitley slams Congress President Rahul Gandhi for ridiculing the scheme announced in the Interim Budget for 2019-20 by equating it to Rs 17 a day dole.

Updated : Feb 3, 2019

Budget 2019: Govt to start disbursing funds under PM-KISAN scheme in February itself

Finance Minister Piyush Goyal has already earmarked Rs 20,000 crore for disbursal among 12 crore farmers under the scheme in the current financial year.

Updated : Feb 3, 2019

People earning Rs 8-9 lakh annually don't need to pay income tax if they make proper investments: Revenue Secretary

The government has proposed to give full tax rebate to individuals having taxable annual income up to Rs 5 lakh with a view to benefitting around 3 crore middle class taxpayers at an estimated revenue sacrifice of Rs 18,500 crore.

Updated : Feb 2, 2019

Budget 2019: BJP thought about women, farmers, banking system; Congress took country for a ride, says Piyush Goyal

Though many people are calling an election Budget, the Finance Minister believes it takes care of every sector of the economy.

Updated : Feb 2, 2019

Budget will support consumer spending, boost economic growth, says top US business advocacy group

"With this budget, growth is likely to improve further and meeting 7.5 per cent real GDP target," says Karun Rishi, president of USA-India Chamber of Commerce.

Updated : Feb 1, 2019

Budget 2019: Know the big tax announcements

Interest from bank and post office deposits earned up to Rs 10,000 during a financial year was tax exempt. This limit has been increased from Rs 10,000 to Rs 40,000

Updated : Feb 1, 2019

Budget 2019: GST exemption limit extension may not help regional traders, manufacturers

Will the expansion of GST exemption limit really help really small traders and manufacturers?

Updated : Feb 1, 2019

Budget 2019: Who gave India a higher GDP - Modi or Manmohan?

It was under the Modi government that India became the fastest growing economy in the world, and even moved up a spot, for some time, in the GDP rankings. But GDP growth rate never reached double digit figures, a feat that was achieved under the Manmohan Singh government.

Updated : Feb 1, 2019

News

SIAM's budget wish: GST cut on auto, vehicle scrappage scheme

Rs 7.8 lakh crore tax revenues stuck in disputes

Education and skilling opportunities in the interim budget

Fiscal deficit touches 112% of FY19 budget target at Rs 6.24 lakh crore during April-December

Budget 2019: Key hits and misses in taxation

Budget 2019: Govt cuts allocation to UIDAI for 2019-20 to Rs 1,227 crore

Salaried people take note! Here's how you can pay zero tax on income up to Rs 10 lakh

Budget 2019: Govt may increase Rs 500 per month cash support scheme to farmers in future, says Arun Jaitley

Budget 2019: Govt to start disbursing funds under PM-KISAN scheme in February itself

People earning Rs 8-9 lakh annually don't need to pay income tax if they make proper investments: Revenue Secretary

Budget 2019: BJP thought about women, farmers, banking system; Congress took country for a ride, says Piyush Goyal

Budget will support consumer spending, boost economic growth, says top US business advocacy group

Budget 2019: Know the big tax announcements

Budget 2019: GST exemption limit extension may not help regional traders, manufacturers

Budget 2019: Who gave India a higher GDP - Modi or Manmohan?

Budget 2019: Who managed Indian economy better - Modi or Manmohan?

Earn between Rs 10-20 lakh? Budget 2019 may have a surprise for you

Govt may have little manoeuvring room in Budget 2019 - thanks to GST

Budget 2019: PHD Chamber seeks cut in corp tax, increase in I-T exemption limit

Income tax rebate: Modi govt may set new tax slabs to benefit middle class

Interim Budget 2019: How is it different from vote-on-account?

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