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The CJI asked the counsel when income from agricultural produce is exempt from tax, why not this exemption.

Govt to reduce time for revising tax return to 12 months

In order to expand tax net, the Centre plans to have a simple one-page form to be filed as Income Tax Return.

1 Feb 2017 5:31 PM IST

Biocon CMD Kiran Mazumdar-Shaw

'Budget safe and balanced' but could have been bolder

Biocon CMD Kiran Mazumdar-Shaw today rated the budget

1 Feb 2017 5:03 PM IST

Ancestral jewellery and gold as also that purchased from disclosed income not to be taxed.

Jewellers say Budget 2017 will boost sector, drive consumption

IBJA managing director Saurabh Gadgil said Focus on farmers, infrastructure and digital economy will create...

1 Feb 2017 5:00 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Govt proposes Payments Regulatory Board in RBI

Government will undertake a comprehensive review of this Act and bring about appropriate amendments.

1 Feb 2017 4:58 PM IST

Finance Minister Arun Jaitley presenting the annual budget. (Photo: PTI)

Arun Jaitley raises Sports Ministry budget by 350 crore

Finance Minister Arun Jaitley allocated increased funds to the Sports Ministry while presenting the annual budget.

1 Feb 2017 4:55 PM IST

The results revealed that profit-related pay had positive relationships with job satisfaction (Photo: AFP)

Budget to have positive impact on job market: Experts

Union Budget 2017 focuses on digitatisation, transparency, upliftment of women & youth, quality of education and rural...

1 Feb 2017 4:44 PM IST

Union Finance Minister Arun Jaitley. (Photo: PTI)

Budget 2017: Income tax for small firms slashed to 25 per cent

As per the data of assessment year 2015-16, there are 6.94 lakh companies filing returns.

1 Feb 2017 3:31 PM IST

Finance Minister Arun Jaitley. (Photo: PTI)

Union Budget 2017: Top highlights

Earlier, minimum income tax rate in country was 10 per cent for an income of Rs 2.5 lakh to Rs 5 lakh.

1 Feb 2017 3:28 PM IST

Prime Minister Narendra Modi. (Photo: narendramodi.in)

BJP's vision document for Uttarkhand to be released on Feb 4

Union Minister VK Singh is also coming to the state on February 4 to address poll rallies in Didihat, Tharali and...

1 Feb 2017 2:46 PM IST

Finance Minister Arun Jaitley

Budget 2017: Digi-pay to weed out corruption, new schemes on anvil

The FM also said that the BHIM app will unleash the power of mobile phones for making digital payments and financial...

1 Feb 2017 2:34 PM IST

Bombay Stock Exchange

Sensex does a high-five to Budget, soars 400 pts

The Sensex, which kept moving in a tight range after the Budget was presented in Parliament, made a strong rally to...

1 Feb 2017 2:21 PM IST

RBI Governor C Rangarajan

Former RBI governor describes 2017-18 Budget A fairly routine Budget'

C Rangarajan said changing road map to reach fiscal deficit target of 3 per cent over the year will make a mockery of...

1 Feb 2017 2:14 PM IST