Business
Budget 2019: Lower Income Tax, Interest Rate, Healthcare: 10 Things India Wants Its New Fin Min to Address
People, who commented on the online forum seeking suggestions for the budget, have wished that minimum exemption for income tax purposes be raised to Rs 5 lakh from Rs 3 lakh at present.
Budget 2019: What is Direct Tax? Direct Tax Meaning | Direct Tax Definition
A taxpayer, for example, pays direct taxes to the government for different purposes, including real property tax, personal property tax, income tax or taxes on assets.
Budget 2019: Disinvestment Meaning and Definition | What is Disinvestment and How it Affects Economy
Disinvestment is the process by which the Union government either sells its stakes in a PSU–fully or partially–or lists it on the stock market.
Ministry of Corporate Affairs Orders Probe into Jet Airways' 'Mismanagement of Funds'
The ministry ordered India's Serious Fraud Investigation Office (SFIO) to carry out the probe, according to a government order seen by Reuters.
Rupee Gains 6 Paise to 68.83 Against Dollar; Poised for Cues Before Economic Survey Release
Ahead of the Union Budget, an economic survey projecting the state of health of the country's economy will be tabled in Parliament. Easing crude oil prices, positive opening in domestic equities supported the rupee.
Sensex, Nifty Swing on Global Economic Worries, Focus on Budget
In the previous session, the BSE gauge settled 129.98 points, or 0.33 per cent, higher at 39,816.48, and the Nifty rose 44.70 points, or 0.38 per cent, to finish at 11,910.30.
Yes Bank Tumbles Over 7% On Reports of a Borrower Defaulting on Interest Payment
The stock has been under tremendous pressure due to fears of further slippage in asset quality.
Digital Villages, Green Earth, Deep Space: Union Budget 2019 May Power India to Vision 2030
In line with the 10 dimensions of Vision 2030, which includes rural industrialisation, the new Budget may push greater investment in strengthening the technological base for a secure social infrastructure system.
On Two Years of GST, Jaitley Says 12, 18 Per Cent Slabs May be Merged as Revenue Increases
In a Facebook post, Jaitley said as many as 20 states are already showing more than a 14 per cent increase in their revenues and do not require the Centre to compensate them for revenue loss arising out of GST implementation.
Paytm to Make Money Transactions Chargeable from July 1: Reports
Paytm was absorbing the MDR charge amounts to 1% on payments through credit cards, 0.9% for debit cards and up to Rs 12-15 for transactions by net banking and the Unified Payments Interface (UPI) until now.
Time to Implement GST 2.0 to Include Real Estate, Alcohol Under its Ambit: India Inc
The Confederation of Indian Industry recommended that electricity, oil and gas, real estate and alcohol should be included under GST, which will lead to seamless input tax credit availability across all sectors.
FPIs Remain Net Buyers for 5th Month in a Row, Pump Rs 10,384 cr in June
FPIs have invested a net cumulative amount of Rs 87,313.22 crore since January, data showed.
India's External Debt Rises 2.63% to US Dollar 543 Billion at March-end
The increase in external debt was partially offset by valuation gain resulting from the appreciation of the US dollar against the Indian rupee and other major currencies.
Larsen & Tourbo Wins Two ONGC Contracts for Work Off Mumbai Shore
The orders that fall under 'large' category have been awarded for the development of Heera Panna block and Mumbai High South field of western offshore basin near Mumbai.
HDFC Bank to Launch Finance Unit's IPO in 2020 Financial Year
If the IPO goes through, HDB Financial will become the fifth HDFC group firm to be listed on stock exchanges. The sale will help HDFC raise funds to expand lending as many NBFCs face liquidity crunch in the country.
Rupee Slips by 12 Paise to 69.48 Against Dollar in Early Trade
The rupee opened weak at 69.40 at the interbank forex market and then fell further to 69.48, down 12 paise over its last close.