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The steel exports to the US from China, Japan and South Korea have fallen by 4,88,000 tonne in six months since the imposition of the duty barriers by the Trump Administration.

Budget 2019: Govt hikes customs duty on stainless steel items, alloy...

The current customs duty on stainless steel products is 5 per cent.

5 July 2019 5:32 PM IST

Petrol pump employees at a fuel station during a strike called by Delhi Petrol Dealers Association for reduction in VAT in New Delhi. (Photo: Bunny smith)

Budget 2019: Petrol price to rise by Rs 2.5, diesel by Rs 2.3 after FM...

A litre of petrol costs Rs 70.51 in Delhi and Rs 76.15 in Mumbai.

5 July 2019 5:08 PM IST

The govt has given nod to recover Rs 22,000 crore arrears from agriculture pump owners.

Budget 2019: Govt raises budget allocation to agri ministry by 78 pc...

PM-KISAN aims to give Rs 6,000 annually in three equal installments to 12.6 crore small and marginal farmers.

5 July 2019 4:58 PM IST

The NPS is a voluntary, defined contribution retirement savings scheme for government employees as well as for those working in the private sector.

Budget 2019: Govt proposes to separate NPS Trust from PFRDA

The proposal to separate the two job roles was under consideration for last few years.

5 July 2019 4:49 PM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.

Budget 2019: Coal Ministry sees 48 pc jump in allocation to Rs 1,160...

The bulk of increase in the Budget allocation for 2019-20 is towards central sector schemes.

5 July 2019 4:46 PM IST

Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Govt to start raising part of its gross borrowings from external...

The government would start raising a part of its gross borrowing programme in external markets, said Nirmala Sitharaman.

5 July 2019 3:49 PM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Budget 2019: Govt enhances revenue collection from telecom sector to...

Receipts from the telecom sector mainly relate to the licence fees from operators and spectrum usage charges.

5 July 2019 3:43 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Budget 2019: Amnesty scheme for excise, service tax cases to unlock Rs...

The relief proposed under scheme varies from 40 pc to 70 pc of the tax dues for cases other than voluntary disclosure...

5 July 2019 3:26 PM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC...

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

5 July 2019 3:06 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.

Budget 2019: High-end income group people need to pay 3 pc to 7 pc...

Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current...

5 July 2019 2:57 PM IST

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

Budget 2019: For every rupee in govt kitty, 68 paise come from taxes

Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.

5 July 2019 2:57 PM IST

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

Budget 2019: Cess on petrol, diesel hiked by Re 1 per litre

Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.

5 July 2019 2:26 PM IST