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The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

Budget 2019: Coal Ministry sees 48 pc jump in allocation to Rs 1,160...

The bulk of increase in the Budget allocation for 2019-20 is towards central sector schemes.

5 July 2019 4:46 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Budget 2019: Sensex sheds 395 points; metal, power stocks sink

After a highly volatile session, Sensex ended 394.67 points, or 0.99 per cent, lower at 39,513.39.

5 July 2019 4:15 PM IST

Representational image of gold bars.

Gold prices zoom Rs 590 on custom duty hike

The government in Budget 2019 proposed to increase custom duty on gold and other precious metals to 12.5 per cent.

5 July 2019 4:07 PM IST

Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Govt to start raising part of its gross borrowings from external...

The government would start raising a part of its gross borrowing programme in external markets, said Nirmala Sitharaman.

5 July 2019 3:49 PM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Budget 2019: Govt enhances revenue collection from telecom sector to...

Receipts from the telecom sector mainly relate to the licence fees from operators and spectrum usage charges.

5 July 2019 3:43 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Budget 2019: Amnesty scheme for excise, service tax cases to unlock Rs...

The relief proposed under scheme varies from 40 pc to 70 pc of the tax dues for cases other than voluntary disclosure...

5 July 2019 3:26 PM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC...

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

5 July 2019 3:06 PM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

Budget 2019: High-end income group people need to pay 3 pc to 7 pc...

Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current...

5 July 2019 2:57 PM IST

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

Budget 2019: For every rupee in govt kitty, 68 paise come from taxes

Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.

5 July 2019 2:57 PM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

Budget 2019: FM proposes starting exclusive channel for startups

Standup India will be continued for the entire period coinciding with the 15th Finance Commission, i.e., 2020-2025.

5 July 2019 2:48 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Budget 2019: Rupee does U-turn, up 10 paise at 68.40 a US dollar

Domestic bourses was trading in the negative territory on Friday with benchmark indices Sensex trading 362.28 points...

5 July 2019 2:29 PM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Budget 2019: Cess on petrol, diesel hiked by Re 1 per litre

Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.

5 July 2019 2:26 PM IST