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The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Flat income tax rate undesirable for India: stakeholders

Stakeholders believe a flat income tax rate is not progressive in an unequal society like India.

30 Nov 2017 3:12 PM IST

Railway Minister Suresh Prabhu

India poised to become world's third largest economy: Prabhu

Government wants to take manufacturing to 20 per cent of the GDP, helped by SMEs.

30 Nov 2017 2:38 PM IST

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

India seen posting stronger growth on GST, note ban disruptions fading

The economy had slowed down to a trickle of 5.7 per cent in the June to April quarter, largely on GST and note ban...

30 Nov 2017 9:24 AM IST

Natarajan Chandrasekaran has been credited with a complete overhaul of TCS, largest private sector employer in country.

Chandrasekaran wants Tata companies to cash in on India opportunity

He, however, said different firms of the Tata group need to understand their individual domestic prospects.

30 Nov 2017 9:00 AM IST

Finance Minister Arun Jaitley (Photo: PTI)

FinMin working on recap bonds, expected to receive Jaitley's nod soon

The framework for bank recapitalisation once cleared will go to Parliament for necessary approvals.

29 Nov 2017 6:32 PM IST

Article 246 says every state can levy a GST.

Exporters claim Rs 6,500 crore GST refund from July to October: govt

The CBEC had last month started refunds for exporters of goods who have paid Integrated GST (IGST) and have claimed...

29 Nov 2017 5:46 PM IST

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

Analysts expect GDP to hit 6.4 per cent after disappointing Q1 show

Growth had slid to a three-year low of 5.7 per cent for the three months to June on the spillover effects of the note...

29 Nov 2017 4:35 PM IST

The government expects a helping hand from the RBI in the form of interest rate cut in the next monetary policy review on Wednesday to boost the slowing economy. Photo: PTI

India's inflation likely to rise, interest rates won't: Reuters poll

The RBI's Monetary Policy Committee at its meeting in October expressed concern about rising inflation.

29 Nov 2017 1:52 PM IST

The prevalence of Bitcoins has caused some concerns in government due to its hidden nature.

Bitcoin tops USD 10,000, taking 2017 gains to 940 per cent

Bitcoin crossed USD 10,000 on smaller exchanges like CEX.IO exchange and the crypto-currency index coinmarketcap.com...

29 Nov 2017 11:57 AM IST

President Donald Trumps daughter Ivanka Trump. (Photo: AP)

GES 2017: Ivanka Trump bats for technology empowering women

Ivanka also lauded the efforts made by women and women entrepreneurs to manage both their personal and professional...

29 Nov 2017 11:41 AM IST

Trai Chairman R S Sharma on Tuesday called for Internet, an important platform for India, being kept open and free, and not cannibalised. (Photo: Pixabay/Representational)

Internet should not be cannibalised: R S Sharma on net neutrality

Trai in its net neutrality recommendations has sought to bar telecom service providers from any discriminatory practice.

28 Nov 2017 7:27 PM IST

GDP numbers scheduled to be released on May 31.

India's GDP growth likely to pick up in Q2, break five-quarter slide

The Reuters poll also showed India's gross value-added (GVA) growth estimate likely accelerated to 6.2 per cent, from...

28 Nov 2017 7:06 PM IST