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Goods and Service Tax

NDA bets big on tax revision despite Rs 1 lakh crore shortfall in...

During the interim budget, the gross tax revenue after the budget estimation stood still at Rs 25.5 lakh crore.

2 Feb 2019 1:34 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

India's sovereign rating profile to be evaluated based on...

The government's projections suggest a stabilisation of the central government deficit at 3.4 per cent of GDP next year.

2 Feb 2019 1:29 PM IST

In 2015, 3,266 farmers committed suicide in the state.

Interim Budget focused on rural and agriculture sector: DBS bank

Govt revised up the FY19 fiscal deficit at -3.4 per cent of the GDP vs -3.3 per cent in the budgeted estimate.

2 Feb 2019 12:17 PM IST

Nisha Desai Biswal, former Indian-American assistant secretary of state for South and Central Asia (Photo: Facebook)

Top US advocacy group praises Piyush Goyal for the positive elements

The interim Budget comes after the disappointing moves made by the Union government to control a quick execution in its...

2 Feb 2019 11:35 AM IST

Railways will eventually extend the scheme to all trains in which meals are served, officials said. (Photo: Pixabay)

Budget allocates enough funds for MUTP: railway officials

The interim budget presented by finance minister Piyush Goyal has allotted Rs 7,672 crore for the Central Railway.

2 Feb 2019 11:19 AM IST

...former French President, Hollande, is countering statement made against him with regard to a conflict of interest in his dealing with the Reliance Defence, Finance Minister Arun Jaitley wrote. (Photo: Twitter | @ANI)

Income tax rebate a logical extension of steps taken by govt: Jaitley

Piyush Goyal on Friday announced an income tax rebate on earnings of up to Rs 5 lakh.

2 Feb 2019 11:09 AM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Other banks to be out of PCA framework soon: Piyush Goyal

The RBI on Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).

2 Feb 2019 10:28 AM IST

Union minister of railways Piyush Goyal at the India Economic Summit 2017 in New Delhi on Thursday. (Photo: PTI)

Budget 2019: Goyal lambasts opposition, highlights NDA's achievements...

Government successfully reduced inflation rate to 4.5 per cent from 10 per cent.

1 Feb 2019 6:27 PM IST

For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

Budget 2019: MEA gets an allocation of Rs 16,061 crores

The total aid to countries stands at Rs 6,447 crores - up from last year's budget of Rs 5,545 crores.

1 Feb 2019 4:44 PM IST

A professional tax is proposed to be levied on individuals, who have an annual income of Rs 5 lakh. This would generate Rs 5 crore, the budget document read.

Farmers, middle class-friendly Budget to boost economic growth: India...

Farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc.

1 Feb 2019 4:39 PM IST

Many current techniques in artificial intelligence require robots to interact with their environment for extended periods of time to learn how to optimally perform a task.

India emerging new target for patent filing in AI: WIPO

India is emerging as a new target for patent filings in Artificial Intelligence and is among the top countries for...

1 Feb 2019 4:35 PM IST

Subhash Chandra Garg

Govt expects Rs 28,000 cr interim dividend from RBI: DEA Secy Garg

The decision with regard to interim dividend will be taken in the next board meeting.

1 Feb 2019 4:16 PM IST