Global and non-resident investors make investments in India via so-called association of persons (AOP) and non-corporate trusts.
12 Jul 2019 3:40 PM
FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association of persons.
10 Jul 2019 6:10 PM
Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.
08 Jul 2019 8:32 PM
Railways will need Rs 50 lakh crore between 2018 to 2030 to complete the sanctioned projects, Sitharaman said.
07 Jul 2019 6:08 PM
In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.
07 Jul 2019 6:00 PM
Announcement of streamlining multiple labour laws into 'four labour codes' is a progressive step, said TV Narendran.
07 Jul 2019 4:51 PM
Following increase in surcharge, effective income tax rate for individuals with income of Rs 2-5 crore will go up to 39 pc.
07 Jul 2019 4:00 PM
Analysts said that now that the much-awaited Budget is over, focus will shift to first quarter earnings starting mid-July.
07 Jul 2019 3:05 PM
Government will tap additional sources of revenue like opening up sectors for private and foreign investments
06 Jul 2019 8:17 PM
Narendra Modi government had exempted people with earnings of up to Rs 5 lakh from payment of income tax.
06 Jul 2019 4:30 PM
India's economic growth slowed to a five-year low of 5.8 per cent in the January-March quarter.
06 Jul 2019 12:29 PM
In the fourth quarter of the fiscal year to last March 31, economic growth slumped to 5.8 per cent, the slowest pace in 20 quarters.
06 Jul 2019 12:24 PM
India wants electric vehicles to account for 30 per cent of all passenger vehicle sales in India by 2030.
06 Jul 2019 10:31 AM
Finance Minister Niramala Sitharaman's maiden budget received mixed response from critics and industry experts.
05 Jul 2019 8:46 PM
FICCI felt there was little done to address the economic slowdown while health and education did not get the required filip.
05 Jul 2019 8:01 PM
FM Sitharaman said an additional excise duty and road and infrastructure cess of one rupee will be imposed on petrol and diesel.
05 Jul 2019 7:44 PM
Finance Minister Nirmala Sitharaman in the Budget for 2019-20 proposed easing KYC norms for foreign portfolio investors.
05 Jul 2019 7:32 PM
Many, however, rued that real estate sector was not given 'industry' status and no stress fund got created for stalled projects.
05 Jul 2019 7:17 PM
He said that Rs 1 lakh crore is to be invested in infrastructure sector, but there was no mention about any master plan to be implemented.
05 Jul 2019 6:43 PM
Sitharaman said it was the right time to consider increasing minimum public shareholding from 25 pc to 35 pc.
05 Jul 2019 6:16 PM