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Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

Trade tensions darken growth outlook for developing Asia: ADB

ADB maintained India's 7.2 per cent growth projection for next year.

25 Sept 2019 9:15 AM IST

Shaktikanta Das

Corp tax cut makes India attractive destination for investment: Das

Base corporate tax for existing companies has been reduced to 22 per cent from the current 30 per cent.

24 Sept 2019 2:40 PM IST

Mills are expecting revenue realisation of over Rs 5,000 crore from sale of ethanol to OMCs during the 2017-18 sugar season.

Closed sugar mills may see revival soon as govt mulls ethanol...

Union Minister Nitin Gadkari said land of the sugar mills can be utilised for ethanol production from sugar.

23 Sept 2019 6:51 PM IST

Minister of Road Transport and Highways Nitin Gadkari. (Photo: PTI)

No need to ban petrol, diesel vehicles; EVs picking up momentum...

If we run vehicles on electricity, it would be like cost of Rs 15 per litre of diesel, said Union Minister Nitin...

23 Sept 2019 6:27 PM IST

The GR also said the Rs 10,000 loan would be given only to those who want to sow crops for the Kharif season.

Govt estimates kharif crop output at 140.57 MT in 2019-20

Foodgrains production stood at 141.71 million tonnes (MT) in the kharif season of the 2018-19 crop year (July-June).

23 Sept 2019 4:48 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

DBS expects modest rate cut at RBI's MPC meeting in October

RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.

23 Sept 2019 3:12 PM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth...

23 Sept 2019 10:58 AM IST

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

Post Saudi attacks, in last 6 days petrol price rises to highest in 2...

Petrol price was on Sunday hiked by 27 paise to Rs 73.62 a litre in the Delhi market.

22 Sept 2019 12:13 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.

Reduction in corporate tax rates, expert says move to arrest slowdown

Govt slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sept 2019 2:01 PM IST

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

Corporate tax cut positive but growth faces headwinds: Moody's

On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.

21 Sept 2019 1:16 PM IST

Revenue collection from the Goods and Services Tax (GST) had slipped below the Rs 1 lakh crore mark for the first time in the current fiscal in June at Rs 99,939 crore. (Photo: File)

In-principle decision to link Aadhaar with GST registration

The GST Council may consider merging the two brackets 12 per cent and 18 per cent to a single bracket.

21 Sept 2019 10:42 AM IST

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

US corporate sector hails India's move to slash income tax rate for...

Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sept 2019 9:49 AM IST