The proposal to separate the two job roles was under consideration for last few years.
05 Jul 2019 4:49 PM
The bulk of increase in the Budget allocation for 2019-20 is towards central sector schemes.
05 Jul 2019 4:46 PM
The government would start raising a part of its gross borrowing programme in external markets, said Nirmala Sitharaman.
05 Jul 2019 3:49 PM
Receipts from the telecom sector mainly relate to the licence fees from operators and spectrum usage charges.
05 Jul 2019 3:43 PM
The relief proposed under scheme varies from 40 pc to 70 pc of the tax dues for cases other than voluntary disclosure cases.
05 Jul 2019 3:26 PM
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
05 Jul 2019 3:06 PM
Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current account in a year.
05 Jul 2019 2:57 PM
Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.
05 Jul 2019 2:57 PM
Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.
05 Jul 2019 2:26 PM
These new coins will be made available for public use shortly, said Finance Minister Nirmala Sitharaman.
05 Jul 2019 2:20 PM
The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent.
05 Jul 2019 2:12 PM
On Thursday, the Lok Sabha passed by voice vote the Aadhaar and Other Laws (Amendment) Bill, 2019.
05 Jul 2019 2:02 PM
Government will also provide income tax deduction of Rs 1.5 lakh on interest paid on loans for purchase of electric vehicles.
05 Jul 2019 1:38 PM
Only 0.7 per cent of the companies will now remain outside the 25 per cent corporate tax bracket, says Sitharaman.
05 Jul 2019 1:26 PM
Public sector banks will use technology for enabling the customer of one PSB to access service across all PSBs as well.
05 Jul 2019 1:12 PM
Rs 350 crore allocated for 2 per cent interest subvention for all GST-registered MSMEs on fresh or incremental loans.
05 Jul 2019 1:07 PM
Government-owned and private banks besides non-banking financial companies have been saddled with huge NPAs.
05 Jul 2019 12:59 PM
Sitharaman proposed the setting up of a payments platform for MSMEs for payment of bills.
05 Jul 2019 12:53 PM
Every rural family, except those unwilling to take connection, will have electricity and LPG connection by 2022, said Sitharaman.
05 Jul 2019 12:52 PM
The government aims to connect all 2.5 lakh village panchayats with high speed broadband by March 2020.
05 Jul 2019 12:47 PM