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The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such stations operate without licence and encourage the use of e-vehicles.

Budget 2019: Boost for e-mobility; auto industry left high and dry

The FM announced the reduction of GST on electric vehicles from 12% to 5%.

6 July 2019 6:59 AM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Budget 2019: Gold and silver all set to become costlier by 2.5 per...

Apart from the duty hike, rupee appreciation too lifted gold prices by Rs 900.

6 July 2019 6:53 AM IST

Union Budget 2019: Big incentives for rural business and women...

WCD minister Smriti Irani took to Twitter to praise the Budget, saying it will give further impetus to the mission of...

6 July 2019 6:38 AM IST

Finance Minister Nirmala Sitharaman

Blueprint for a $5 trillion economy

The Budget advocates policies via four pillars of thrust that can push the India economy to a level of $5 trillion in...

6 July 2019 2:28 AM IST

Mutual funds industry has added 32 lakh new investors over the last one year mainly due to a spirited promotion campaign by the industry, a senior Amfi official said on Wednesday.

Union Budget 2019: More doors opened for FPI, NRI investments

FPIs allowed to invest in listed REITs and InvITs.

6 July 2019 2:25 AM IST

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Union Budget 2019: Easier sourcing norms for single brand retail

The budget proposed opening up of aviation, media and insurance while easing FDI norms in single brand retail.

6 July 2019 2:23 AM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Union Budget 2019: Faster loans, lower interest for MSMEs

Further loans up to Rs one crore will be provided to MSMEs within 59 minutes through a dedicated online portal.

6 July 2019 2:21 AM IST

Startups find that current norms for GST and TDS are blocking significant money.

Union Budget 2019: Start-ups get own channel, easy terms

The Budget proposed to start a television channel within the DD bouquet of channels exclusively for start-ups.

6 July 2019 2:19 AM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

Budget may trigger virtuous economic cycle'

Budget has proposed reforms, which are in line with its plan to kick-start domestic and foreign investments boost the...

6 July 2019 2:16 AM IST

The Centre has also decided to modify the present policy of retaining 51 per cent government stake to retaining 51 per cent stake inclusive of the stake of government-controlled institutions.

Union Budget 2019: Disinvestment target hiked to Rs 1.05L cr, PSU...

Centre has been following the policy of disinvestment in non-financial public sector.

6 July 2019 2:13 AM IST

Finance Minister Nirmala Sitharaman

Union Budget 2019: Big tax sops for Gift City to put bourse on growth...

The setting up of Unified regulator will further put GIFT IFSC in a fast track mode.

6 July 2019 2:10 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Union Budget 2019: Option traders get tax relief

Securities transaction tax will now be levied only to the difference between settlement and strike price in case of...

6 July 2019 2:08 AM IST