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For FY 18, the fiscal deficit target was supposed to be 3 per cent but it may choose the upper band of 3.5 percent in the Union Budget.

India's fiscal deficit touches 91.3 per cent of full-year target in...

The government aims to contain fiscal deficit to 3.2 per cent of GDP in the current fiscal as against 3.5 per cent in...

31 Oct 2017 5:36 PM IST

Sugar is distributed on subsidised rate through fair price shops.

Centre may scrap Rs 4,500 crore PDS sugar subsidy in Budget

At present, the scheme has a target of 40 crore beneficiaries of families under below poverty line category.

26 Jan 2017 10:42 AM IST

The use of non inflammatory drugs were shown to help endanger patients with only a certain type of cancer

Pharma industry wants budget to offer tax clarity

Industry players also want the govt to provide a road map towards bringing down corporate income tax down to 25 pc.

24 Jan 2017 12:27 PM IST

GJF has recommended the need for the formation of domestic council for the sector to address various issues pertaining to the industry.

GJF urges import duty reduction, increase PAN card limit

The apex body want govt to reduce import duty by 5 per cent and increase pan limit by Rs 5 lakh.

24 Jan 2017 10:30 AM IST

Finance Minister Arun Jaitley. (Photo: PTI)

EC gives nod to Budget on Feb 1 but with riders

EC decision came after SC observed that there is nothing in law to bar Centre from presenting the Union Budget on...

24 Jan 2017 9:14 AM IST

Prime Minister Narendra Modi speaking at the inauguration of the second Raisina Dialogue in New Delhi. (Photo: PTI)

Budget: Modi appeals to Oppn for productive discussion

Most Opposition parties have expressed unhappiness about the Budget being held before the Assembly polls.

31 Jan 2017 11:01 AM IST

At present, Railways is running a pilot project for senior citizens who are entitled for rail concessions.

Aadhar may be made mandatory for rail concession

The move will help the government in better targeting of benefits and check misuse of the facility.

29 Jan 2017 1:21 PM IST

Service tax may be hiked to 16-18 per cent, make flying, phone bills costlier

Service tax may be hiked to 16-18 per cent, make flying, phone bills...

This will be the third time that finance minister Arun Jaitley will raise service tax rate.

29 Jan 2017 12:48 PM IST

Bombay Stock Exchange

Stock market keeps eye on upcoming 2017 budget

The upcoming budget is seens askey event from an equity market perspective.

29 Jan 2017 12:07 PM IST

Finance Minister Arun Jaitley Arun Jaitley chairing the ninth GST Council Meeting, at Vigyan Bhawan in New Delhi. (Photo: AP)

FM may cut taxes, lack of indirect-tax data may make it tough

Jaitley faces a peculiar situation as precise projections of indirect tax collection in 2017-18 are unavailable due to...

26 Jan 2017 3:58 PM IST

The government last year relaxed FDI norms in over a dozen sectors

Soon FDI relaxation in select sectors, single brand retail

Easing of FDI policy in line with Finance Minister Arun Jaitley's announcement in Budget for 2017-18.

2 March 2017 12:52 PM IST

Commerce and Industry Minister Nirmala Sitharaman

Commerce Ministry on the job for leather scheme

Arun Jaitley announced plans to launch a scheme for the labour-intensive leather and footwear sector.

5 Feb 2017 11:13 AM IST