Pawan Bali

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All cigarette factories to shut in protest, lose Rs 350 crore a day

Upping the ante, all major Indian cigarette manufacturers, including ITC, Godfrey Philips and VST, in a drastic step, decided to shut down their factories from Friday over the controversial issue of p

Warnings will direly affect livelihood: TII

The Tobacco Institute of India claimed that the “extreme” 85 per cent warnings on cigarette packets will “promote illegal cigarette trade and  adversely affect the livelihood of 45.7 million people wh

Nod to 100 per cent FDI in e-commerce

In a big boost to Flipkart, Snapdeal, Amazon and Paytm, the Modi government on Tuesday allowed 100 per cent FDI through automatic route in the marketplace format of e-commerce retailing.

6 telecom companies lied about income, says CAG

Comptroller and Auditor General of India (CAG) on Friday said that six private telecom companies — Bharti Airtel, Vodafone, Idea, Reliance Communications, Tata Teleservices, and Aircel — have underst

Arun Jaitley rolls back move to tax EPF

Finance minister Arun Jaitley during the Budget Session at Parliament in New Delhi Tuesday. (Photo: PTI)

Under pressure and facing severe criticism, finance minister Arun Jaitley on Tuesday announced a rollback of the proposal in the Union Budget to tax Employees’ Provident Fund (EPF) withdrawals.

Union Budget 2016: Rich to pay more taxes

The government on Monday proposed higher taxes on the super-rich in the country in the Union Budget.

Union Budget 2016: Amnesty for tax dodgers

Finance minister Arun Jaitley on Monday announced amnesty scheme for those holding black money in the country.

Union Budget 2016: Disinvestment department to be renamed

Finance minister Arun Jaitley said on Monday that general insurance companies will be listed on the stock exchanges and government will revive strategic sale of PSUs as well as monetise idle assets.

Union Budget 2016: Big boost for India's growth

Finance Minister Arun Jaitley arrives at Parliament House to present the Budget. (Photo: Pritam Bandyopadhyay)

Arun Jaitley’s Budget 2016 goes on rural overdrive

Tax on small savings mooted

Subsidy and tax concessions in railways, power, aviation turbine fuel, gold and kerosene and small saving schemes provide a bounty of about Rs 1 lakh crore to the well off, said Economic Survey 2015-1

Nothing illustrates the cost of wantonly discarding democracy and handing over the government to unelected officials than the case of Uttarakhand.

An aspect of the ongoing AgustaWestland scandal that has drawn the loudest blood-lust at the gladiators’ circus called Twitter is the `50 crore that middlemen are reported to have earmarked for “manag