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Small taxpayer got relief in past budgets, says Jaitley

Government made taxation simple for those having income up to Rs 50 lakh.

2 Feb 2018 2:03 PM IST

Arun Jaitley pointed out that SC had in 2012 quashed all spectrum allocations, calling the 2G policy of the UPA govt corrupt and dishonest. (Photo: ANI)

Govt to roll out health cover scheme from next fiscal: Jaitley

ModiCare envisaged to provide medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable families.

2 Feb 2018 1:01 PM IST

The Economic Survey 2017-18 was tabled in the Lok Sabha by Finance Minister Arun Jaitley on Monday. (Photo: File | PTI)

Union Budget 2018 spurs inflation worries ahead of RBI policy

Govt's decision to increase MSP guarantee to farmers, in particular, is likely to have a direct inflationary impact.

2 Feb 2018 10:53 AM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

High govt debt burden constrains India's rating: Fitch

Government has kicked out its steady 3 per cent fiscal deficit target further to 2020-21, well beyond its term.

2 Feb 2018 10:41 AM IST

The new office in London will make way for 3,000 jobs in the first wholly owned office building outside the US. (Photo: Pixabay)

Digital focus can help create jobs, better rural lives: Industry

Budget proposal to double allocation to Digital India initiative to Rs 3,073 cr is a fine booster to transform digital...

1 Feb 2018 5:18 PM IST

A day after Union Finance Minister Arun Jaitley claimed that demonetisation has left Maoists and separatists in Jammu and Kashmir fund-starved, the Congress party on Monday said the he should validate his claims. (Photo: PTI)

Jaitley raises MUDRA lending target to Rs 4 lakh crore for FY'19

Of the total loan accounts, 76 per cent are of women and more than 50 per cent belong to SCs, STs and OBCs.

1 Feb 2018 4:46 PM IST

The amount for defence pension is an increase of 26.60 per cent over the allocation of Rs 85,740 crore last year. (Photo: Twitter/ANI)

Rs 2.95 lakh crore allocated for defence budget for 2018-19

Outlay for defence budget amounted to 12.10 per cent of the total budget of Rs 24,42,213 crore for 2018-19.

1 Feb 2018 4:18 PM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

Govt expects Rs 48,661.42 crore from telecom sector in FY19

Govt earns revenue in the form of mainly licence fees and spectrum usage charges from telecom operators.

1 Feb 2018 3:36 PM IST

The railways has started the exercise of an internal audit through which 50 mail and express trains will be upgraded to super-fast services. (Photo: File/Representational)

Budget for Railways: Bengaluru, Mumbai big gainers

Bengaluru will get a corpus of Rs 17,000 crore for the local rail network. Karnataka goes to polls this year.

1 Feb 2018 2:24 PM IST

Health regulation has several pieces, of which self-regulation by the private sector is an important one. Private players in the health sector are indeed quite diverse.

Union Budget 2018 unveils healthcare for 500 million of India's...

The government currently provides 30,000 rupees towards healthcare for poor families.

1 Feb 2018 2:11 PM IST

Finance Minister Arun Jaitley

Govt to soon announce steps to tackle NPAs of MSMEs: Jaitley

MUDRA Yojana launched in April 2015 has led to a sanction of Rs 4.6 lakh crore in credit to some 10.38 lakh MUDRA loans.

1 Feb 2018 1:48 PM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Budget 2018: Govt misses fiscal deficit target; higher at 3.5 pc in...

Fiscal deficit has a bearing on sovereign rating of the country as well as the debt market.

1 Feb 2018 1:21 PM IST