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Under the PMGKY after payment of tax, 25 per cent of the unaccounted money will have to be mandatorily parked with the government for 4 years as non-interest bearing deposit.

'Cut in corporate tax to boost MSMEs growth'

On Thursday, Arun Jaitley proposed to lower corporate tax rate to 25 per cent for businesses with turnover up to Rs 250...

2 Feb 2018 3:41 PM IST

Terming the move as unnecessary, party spokesperson Rajeev Gidara said there was already a clear distinction between tractors being used for agricultural purposes and ones used for non-agriculture purposes.

Budget 2018 aims to transform farm sector in a big way: Agri Secretary

The farm credit target has been raised to Rs 11 lakh crore for 2018-19 from Rs 10 lakh crore this year.

2 Feb 2018 2:22 PM IST

Small taxpayer got relief in past budgets, says Jaitley

Government made taxation simple for those having income up to Rs 50 lakh.

2 Feb 2018 2:03 PM IST

Arun Jaitley, Finance Minister of Narendra Modi-led NDA government presented the Union budget 2018-19 on Thursday. (Photo: PTI)

Union Budget's healthcare plan cashless, not reimbursement scheme:...

The NHPS touted as ModiCare envisaged to provide medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable...

2 Feb 2018 1:02 PM IST

Arun Jaitley pointed out that SC had in 2012 quashed all spectrum allocations, calling the 2G policy of the UPA govt corrupt and dishonest. (Photo: ANI)

Govt to roll out health cover scheme from next fiscal: Jaitley

ModiCare envisaged to provide medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable families.

2 Feb 2018 1:01 PM IST

The Economic Survey 2017-18 was tabled in the Lok Sabha by Finance Minister Arun Jaitley on Monday. (Photo: File | PTI)

Union Budget 2018 spurs inflation worries ahead of RBI policy

Govt's decision to increase MSP guarantee to farmers, in particular, is likely to have a direct inflationary impact.

2 Feb 2018 10:53 AM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

High govt debt burden constrains India's rating: Fitch

Government has kicked out its steady 3 per cent fiscal deficit target further to 2020-21, well beyond its term.

2 Feb 2018 10:41 AM IST

According to sources, China has been gradually increasing its troops in the Doklam Plateau which could further escalate the current situation as India has reasons to be concerned about it. (Photo: PTI/Representational)

Budget 2018: To counter China, Govt to build tunnel at 13,700 ft in...

The proposal to build the Sela Pass comes amid concerns over Beijing's growing assertiveness along nearly 4,000 km-long...

2 Feb 2018 10:04 AM IST

Yashwant Sinha terms Union Budget jugglery of numbers'

Sinha, who was in Narsingpur to participate in a farmers' agitation, told reporters the budget had no schemes for the...

2 Feb 2018 9:33 AM IST

Arun Jaitley, Finance Minister of Narendra Modi-led NDA government presented the Union budget 2018-19 on Thursday. (Photo: PTI)

Budget 2018: Farm, education, health in focus, little for middle class

Long-term capital gains tax on stock trading introduced.

2 Feb 2018 8:43 AM IST

Former Prime Minister Manmohan Singh. (Photo: PTI)

Fiscal arithmetic faulty', reform budget' much misused word: Manmohan

The main focus of the budget was agriculture and rural sector with little for the middle class.

2 Feb 2018 8:31 AM IST

Finance Minister Arun Jaitley (Photo: PTI)

Budget 2018: NDA woos rural India with free LPG, houses

LPG quota to be increased, Rs 16,000 cr for electricity to villages and health insurance.

2 Feb 2018 7:03 AM IST