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Finance Minister Arun Jaitley. (Photo: Twitter | ANI)

GST Council defers decision on tax on real estate; extends deadline till Feb 22

The due date for filing summary sales return - GSTR-3B - is February 20.

20 Feb 2019 2:25 PM

The per capita income of the state has increased from Rs 1.03 lakh in 2011-12 to Rs 1.42 lakh in 2017-18 in real terms.

No new taxes in Tamil Nadu budget for 2019-20

The government proposed a revenue deficit estimated at around Rs 14,300 crore.

08 Feb 2019 2:16 PM

Samsung had written to the federal government saying it would not make two of its high-end models in India because of the new tariff.

Expensive phones ahead? India to tax mobile touch panel imports

Wistron, Foxconn also called on the government to reconsider the duties on new components.

07 Feb 2019 10:06 AM

At the end of FY14, merely an amount of Rs 3.8 crore e-returns was filed. (Photo: File)

Income tax returns filings rose over 37 percent in April-January

Between April to January period of the last two financial year, the growth was more subdued at 17 percent and 20 percent, respectively.

06 Feb 2019 11:09 AM

French business magazine L’Express/L’Expansion, which reported the tax payment figure, said the deal was reached in December after several months of negotiations between tax authorities and the company.French business magazine L’Express/L’Expansion, which reported the tax payment figure, said the deal was reached in December after several months of negotiations between tax authorities and the company.

Apple to pay $571 million back-taxes to French authorities

Apple’s French division confirmed the tax payment agreement, but did not disclose how much it had agreed to pay.

06 Feb 2019 9:40 AM

The government has budgeted for total expenditure growth of 13.3 per cent annually in 2019-20 from 14.7 per cent in the current fiscal.

Cash transfer to farmers, middle-class tax relief to boost growth: Moody's

GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.

05 Feb 2019 5:47 PM

The interim budget according to industry experts, the outlook for the two segments is positive considering the enhanced allocation towards various farmer welfare and rural development schemes. (photo: file)

Budget proposals positive for tractor, two-wheeler segments: Experts

The impact of the interim Budget 2019-20 is positive for both tractor and two-wheeler segments: ICRA VP Anupama Arora.

03 Feb 2019 6:42 PM

The government has increased the funds for the tourism ministry to Rs 2,189.22 crore for 2019-20. (Photo: File)

Tax rebates for middle class to benefit travel, tourism sector: Industry

The focus on tax rebates for the middle class has brought a sigh of relief for them and now they will be able to spend more on vacations.

02 Feb 2019 6:38 PM

Inspite of the GST revenue shortfall, the Interim Budget has estimated an 18.2 per cent growth in GST at Rs 7.64 lakh crore for the next fiscal. (Photo: File)

NDA bets big on tax revision despite Rs 1 lakh crore shortfall in mop-up

During the interim budget, the gross tax revenue after the budget estimation stood still at Rs 25.5 lakh crore.

02 Feb 2019 1:34 PM

Piyush Goyal also praised PM Modi's way of doing his work continuously, and to take development to every single person across the field. (Photo: PTI)

Budget 2019: Goyal lambasts opposition, highlights NDA's achievements in last 5 yrs

Government successfully reduced inflation rate to 4.5 per cent from 10 per cent.

01 Feb 2019 6:27 PM

Increase in disposable income in the hands of both middle class and rural India is definitely going to spur demand.

Farmers, middle class-friendly Budget to boost economic growth: India Inc

Farmers and workers in unorganised sector leading to more disposable income in their hands, India Inc.

01 Feb 2019 4:39 PM

Goyal added that GST has resulted in increased tax base, higher collections and ease of trade. (Phtoto: Representational/PTI)

Budget 2019: GST exemption doubled from Rs 20 to 40 lakhs for small traders

GST rate has been continuously reduced, providing relief of about Rs 80,000 crore annually to consumers.

01 Feb 2019 2:59 PM

The budget, which was focused on giving big push to investment in agriculture, small and medium industries, and health sectors, is NDA government’s last budget before the general elections. (Photo: ANI | Twitter)

Budget 2019: Full text of finance minister Piyush Goyal’s speech in Parliament

Union finance minister Piyush Goyal presented the interim Budget for 2019-20 in the Lok Sabha on Friday.

01 Feb 2019 2:47 PM

The budget is interim and is likely to be followed by a full one in July. (Photo: PTI/File)

Poll Budget 2019: Tax relief for middle class, dole to small farmers

‘India is solidly back on track and marching towards growth and prosperity.’

01 Feb 2019 2:24 PM

RBI has cut the retail inflation target to 2.7-3.2 per cent for the second half of the current fiscal ending March 2019.

Inflation hidden, unfair tax on poor; govt broke the back of high prices: FM

The average rate of inflation during 2009-2014 was a back-breaking 10.1 per cent, Goyal said.

01 Feb 2019 2:17 PM

Finance Minister Goyal said: 'On behalf of all the people of India and our Government, thank all our taxpayers for their valuable contribution to nation-building and for providing a better quality of life to poor and marginalised.' (Photo: ANI)

Budget 2019: FM Piyush Goyal says no tax on income up to Rs 5 lakh

Around 3 crore middle-class taxpayers will get tax exemption due to this measure.

01 Feb 2019 1:29 PM

98 per cent rural sanitation coverage achieved, Interim Finance Minister Piyush Goyal said. (Photo File: Ani Twitter)

Union Budget: Here's what's good and bad

Goyal presented Budget in a last ditch bid to woo the electorate with several popular measures.

01 Feb 2019 12:39 PM

The Interim Budget, also known as a vote on account, will seek the Parliament’s nod for meeting the expenditure for the first six months of new fiscal—2019-20. (Photo: ANI)

Union Cabinet approves interim Budget 2019-20

A full-fledged Budget will be presented in Parliament once the new Central government is formed after the General Elections.

01 Feb 2019 11:20 AM

Piyush Goyal, the interim finance minister, will present the 2019-20 budget to parliament, in the absence of Finance Minister Arun Jaitley, who is currently in the United States for medical treatment. (Photo: PTI | File)

Interim Budget 2019: Highlights

Govt is set to step up rural welfare spending by 16 per cent for the fiscal year beginning April to 1.3 trillion rupees.

01 Feb 2019 9:33 AM

Arun Jaitley may double the income tax exemption threshold for the salaried from the present Rs 2.5 lakh to Rs 5 lakh.

Income tax relief on way, threshold may be doubled

Tax exemption to medical and transport allowance may come back.

14 Jan 2019 10:22 AM

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Mohan Guruswamy