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BHEL has already supplied 225 such IGBT-based traction converters, which are in operation with Indian Railways.

Govt may sell stake in Bhel and other PSUs

Hindustan Copper had recorded a net profit of Rs 145.74 crores in 2018-19, which was a humungous 83 per cent more than...

30 Sept 2019 6:16 AM IST

Finance Minister Nirmala Sitharaman (Photo: File)

Spending to start, dues to be met: Nirmala Sitharaman

However, the government aims to ensure there are no dues left, and funds should be cleared swiftly.

28 Sept 2019 4:20 AM IST

So every now and then, we get these fantastic cases which have fantastic amounts and claims. They have dimensions to the competition law which many countries -- which are so-called free economies -- are struggling to understand and disaggregate so that they can handle each aspect for itself, Sitharaman said. (Photo: ANI)

Govt looks to push infra spending, has cleared MSME dues: FM...

Government should not sit on over due payments, Sitharaman said, adding the money should go to people who have been...

27 Sept 2019 6:48 PM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

FM to meet secretaries, financial advisors of key ministries today

The main agenda of this meeting is to discuss measures to revive the economy and push up investments.

27 Sept 2019 11:00 AM IST

Finance Minister Nirmala Sitharaman (Photo: File)

Economic growth to improve in second half of fiscal 2020: Sitharaman

India's economic growth in April-June fell to a six year low of 5 per cent.

27 Sept 2019 10:08 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Economy looking up; no liquidity crisis: FM Sitharaman after bankers...

I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'

26 Sept 2019 10:31 PM IST

Sitharaman said there was no disagreement at the meeting, which she described as tonic-like . (Photo: ANI)

'There is no liquidity crisis,' says Sitharaman after meeting private...

She also said that micro-finance units have vouched for growth and are extending loans and that there is demand.

26 Sept 2019 9:16 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.

Income-tax rate for individuals may be cut soon

This has been suggested by a committee set up to recommend changes in the direct tax code.

25 Sept 2019 2:20 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth...

23 Sept 2019 10:58 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

Tax reform in driblets keeps the party going

Readers will recall the short history of corporate tax reductions under Modi 1.0.

23 Sept 2019 1:09 AM IST

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

Corporate tax cut positive but growth faces headwinds: Moody's

On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.

21 Sept 2019 1:16 PM IST

Congress MP Kapil Sibal

Rich will benefit, poor left to fend for themselves: Sibal on tax cut

The Congress on Friday had termed the corporate tax cut a 'panic reaction' by the government.

21 Sept 2019 12:54 PM IST