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The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Direct tax collection up at Rs 5.82 lakh crore till Jan

According to Finance Ministry, personal income tax collection showed a 21 per cent growth in Apr-Jan period.

10 Feb 2017 4:20 PM IST

Government is working on new rules for digital wallets and the draft will be soon placed in public domain for comments.

Govt to make all ration shops Aadhaar-enabled by June

Already all ration shops in Gujarat, Andhra Pradesh and Rajasthan have been made Aadhar-enabled.

10 Feb 2017 3:42 PM IST

Former chief economic advisor Kaushik Basu.

UBI scheme should have a cut off income: Basu

Survey had estimated that a UBI that reduces poverty to 0.5 per cent would cost 4-5 per cent of GDP.

10 Feb 2017 3:12 PM IST

Finance minister ArunJaitley

No room to delay GST beyond Sept 15: Jaitley

Finance Minister say govt intends to table GST law in second half of ongoing Budget session of Parliament.

10 Feb 2017 2:46 PM IST

Revenue Secretary Hasmukh Adhia

Central excise collection rises 26.3 pc in Jan: Adhia

Net collection for customs and service tax up by 10.1 per cent and 9.4 per cent respectively in January 2017.

10 Feb 2017 1:08 PM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm confident of topping total card transactions

In January or February till yesterday Paytm are doing 8.5 million transactions.

10 Feb 2017 1:01 PM IST

It might seem logical that a single woman should have more gold to fall back on as she has to fend for herself. (Representational image)

Gold futures fall 0.48 per cent on profit-booking

Gold is trading at Rs 28,997 per 10 grams.

10 Feb 2017 12:20 PM IST

The gains in the dollar against other global currencies and a lower opening in the domestic equity markets weighed on the rupee.

Rupee sheds initial gains, down 3 paise at 66.88

Domestic currency resumed higher at 66.81 per dollar as against yesterday's closing level of 66.85.

10 Feb 2017 10:56 AM IST

The BSE banking index was down 1.91 per cent to 26,672.93, while the realty index was quoting lower by 1.34 per cent to 1,262.29.

Sensex up over 111 points at 28,441 in early trade

Broader Nifty also opened in green with a 40.75 points or 0.46 per cent surge at 8,819.15.

10 Feb 2017 10:46 AM IST

Infosys CEO Vishal Sikka

Infosys refutes rift between founders and executives

Company says its team is committed to fulfilling its fiduciary responsibility to act in overall interest of...

10 Feb 2017 10:30 AM IST

The profitability of the airlines has been further impacted by the increasing cost of fuel prices and this has been reflected in the decline in profitability of the listed airlines in Q3 FY17.

Domestic air travel rises 24 per cent

Domestic passenger traffic growth was 22.9 per cent during FY17.

10 Feb 2017 6:35 AM IST

Economic Affairs Secretary Shaktikanta Das

Shaktikanta Das: No decision on banking tax yet

On the H1B visa issue, he said that so far India is not impacted by it despite apprehensions expressed in some quarters.

10 Feb 2017 6:29 AM IST