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  Business   Economy  02 Feb 2019

Business, Economy, 02 Feb 2019

Tax rebates for middle class to benefit travel, tourism sector: Industry

The focus on tax rebates for the middle class has brought a sigh of relief for them and now they will be able to spend more on vacations.

02 Feb 2019 6:38 PM

Fiscal deficit to be 3.3 percent for FY 2018-19: DEA Secretary

Economic Affairs Secretary Subhash Chandra Garg stated that FY2018-19 will end with a fiscal deficit of 3.3 per cent of GDP.

02 Feb 2019 6:03 PM

Govt to held new survey to show enough job creation: Bibek Oberoy

Unemployment rate in India stood at 6.1 per cent in the period of 2017-18.

02 Feb 2019 4:37 PM

States asked to quickly identify small farmers for income support scheme: Niti Aayog

Govt has already earmarked Rs 20,000 cr for disbursement in the current fiscal to an estimated 12 cr farmers.

02 Feb 2019 3:06 PM

GST mop-up rises to Rs 1.02 lakh cr in January

The total number of sales return or GSTR-3B filed for the month of December up to January 31, 2019 is 73.3 lakh.

02 Feb 2019 2:55 PM


NDA bets big on tax revision despite Rs 1 lakh crore shortfall in mop-up

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

02 Feb 2019 1:34 PM

India's sovereign rating profile to be evaluated based on post-election Budget: Fitch

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

02 Feb 2019 1:29 PM

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.

02 Feb 2019 12:17 PM

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 eCommerce policy.

02 Feb 2019 11:35 AM

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.

02 Feb 2019 11:19 AM


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.

02 Feb 2019 11:09 AM