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The uptick in the growth numbers would be largely driven by the remonetisation process which is expected by April end as this in turn would boost the consumption levels in the country.

HSBC reports India GDP to grow at in 2017-18

The report states that India is expected to clock a GDP growth of 7.1 per cent.

2 Feb 2017 1:07 PM IST

Finance Minister Arun Jaitley

Union Budget 2017 brings cheer to Delhi

The grant for the Delhi Disaster Response Fund remained unchanged with an allocation of Rs 5 crore.

2 Feb 2017 2:41 AM IST

Tax adviser (second from right) Ved Jain and his family members.

Is Union Budget 2017 balancing act after demonetisation effect?

This is a good way of telling small businesses to create a corporate entity with transparency in governance, Mr Ankit...

2 Feb 2017 2:24 AM IST

People watch the Union Budget presentation on a screen outside the Bombay Stock Exchange building in Mumbai. (Photo: AFP)

Union Budget 2017: Small taxpayers are big winners

Government to cushion effects of demonetisation.

2 Feb 2017 2:23 AM IST

The CJI asked the counsel when income from agricultural produce is exempt from tax, why not this exemption.

Govt to reduce time for revising tax return to 12 months

In order to expand tax net, the Centre plans to have a simple one-page form to be filed as Income Tax Return.

1 Feb 2017 5:31 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Govt proposes Payments Regulatory Board in RBI

Government will undertake a comprehensive review of this Act and bring about appropriate amendments.

1 Feb 2017 4:58 PM IST

Shiv Sena MP Arvind Sawant. (Photo: Twitter/@AGSawant)

Govt forgot farmers, senior citizens in Budget: Sena MP

Shiv Sena MP Arvind Sawant said this sector has 'failed miserably' in the present government's tenure.

1 Feb 2017 4:19 PM IST

Finance Minister Arun Jaitley

High net worth NBFCs can access capital markets via IPOs: Arun Jaitley

Sebi and RBI along with the CBDT will jointly put in place the necessary mechanisms and procedures.

1 Feb 2017 4:11 PM IST

Rule 114E of Income-Tax Rules, 1962, for furnishing Statement of Financial Transactions (SFT) came into force with effect from April 1, 2016.

Govt to phase out tax sops on Rajiv Gandhi Equity Scheme

Tax saving scheme, which was announced in the Union Budget 2012-13 and was further expanded the next year.

1 Feb 2017 3:44 PM IST

Union Finance Minister Arun Jaitley. (Photo: PTI)

Budget 2017: Income tax for small firms slashed to 25 per cent

As per the data of assessment year 2015-16, there are 6.94 lakh companies filing returns.

1 Feb 2017 3:31 PM IST

Finance Minister Arun Jaitley

Budget 2017: Digi-pay to weed out corruption, new schemes on anvil

The FM also said that the BHIM app will unleash the power of mobile phones for making digital payments and financial...

1 Feb 2017 2:34 PM IST

Finance minister Arun Jaitley

Budget 2017: Jaitley says jobs, skill training among 10 key focus...

Government proposes to extend Pradhan Mantri Kaushal Kendras to more than 600 districts across the country.

1 Feb 2017 2:08 PM IST