Economy
Aadhaar and PAN would be made interchangeable as announced by Finance Minister Nirmala Sitharaman on Friday.
08 Jul 2019 8:30 PM

Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.

Delay in sowing of Kharif crops is a cause of concern. There is still time for farmers to complete sowing operations," Agriculture Minister Narendra Singh Tomar told reporters on the sidelines of State Agriculture Ministers conference. (Photo: Representational Image/PTI)
08 Jul 2019 5:41 PM

The Centre is in touch with the states to jointly tackle the situation if there is any drought like situation.

There were concerns that the increased surcharge on super-rich could also affect foreign funds investing in India. (Photo: PTI)
08 Jul 2019 3:51 PM

Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs 5 cr.

In order to convey the strong protest of the rail workforce. NFIR directs all its affiliates to arrange massive protest demonstrations and rallies wearing protest badges from 10th to 13th July all over Indian Railway, said a letter from NFIR.
07 Jul 2019 6:09 PM

Railways will need Rs 50 lakh crore between 2018 to 2030 to complete the sanctioned projects, Sitharaman said.

Finance Minister Nirmala Sitharaman said as a government minister she is duty bound to follow glide path to achieve fiscal deficit target of 3 per cent as per the law. (Photo: File)
07 Jul 2019 6:01 PM

In Budget presented on Friday, government lowered the fiscal deficit target to 3.3 pc of the GDP for 2019-20.

Revenue Secretary Ajay Bhushan Pandey said before the increase in surcharge the highest tax rate in India was 35.88 per cent. This was against 45 per cent in the UK, 45.9 per cent in Japan, 54 per cent in Canada, and 66 per cent in France. (Representional Image)
07 Jul 2019 3:58 PM

Following increase in surcharge, effective income tax rate for individuals with income of Rs 2-5 crore will go up to 39 pc.

This decision has been carefully taken. The government has assessed that (smuggling) dimension as well, said Finance Secretary Subhash Chandra Garg. (Photo: File)
07 Jul 2019 1:46 PM

Finance Minister Nirmala Sitharaman hiked import duty on gold and other precious metals in Budget to 12.5 pc from 10 pc.

Among cash crops, sugarcane was sown in about 50 lakh hectare so far close to 51.41 lakh hectare covered in the year-ago period. (Representational image)
07 Jul 2019 12:20 PM

Rice, the main kharif crop, was sown in 52.47 lakh hectare till last week, down from 68.60 lakh hectare in the year-ago period.

Former finance minister Arun Jaitley.
06 Jul 2019 12:29 PM

India's economic growth slowed to a five-year low of 5.8 per cent in the January-March quarter.

Jyothi Laboratories' Ullas Kamath opined that the fixing the slowdown could be done by increasing the consumption for which salaries should have gone up. (Photo: Representational)
05 Jul 2019 7:59 PM

FICCI felt there was little done to address the economic slowdown while health and education did not get the required filip.