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The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

USD 42 billion erased off Indian share markets as misgivings on tax...

Global and non-resident investors make investments in India via so-called association of persons (AOP) and non-corporate...

12 July 2019 3:40 PM IST

$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

FPIs can opt for corporate route to avail lower tax surcharge: CBDT...

FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association...

10 July 2019 6:10 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Business

5 key changes in annual income tax assessment in Budget 2019

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

8 July 2019 8:32 PM IST

Onboard Housekeeping Services of the Central Railway.

Business

Budget revealed govt's intention to 'aggressively' push privatisation:...

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

7 July 2019 6:08 PM IST

BJP leader and Union minister Nirmala Sitharaman told reporters that elections in six of the nine seats, which have undergone elections on Sunday, were marred by violence. (Photo: ANI twitter)

Business

Govt duty bound to achieve fiscal deficit of 3 pc as per law: FM

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

7 July 2019 6:00 PM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

Business

Budget's infra push to boost demand for steel: Industry

Announcement of streamlining multiple labour laws into 'four labour codes' is a progressive step, said TV Narendran.

7 July 2019 4:51 PM IST

Business

Highest personal I-T rate in India still lower than in China, US,...

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

7 July 2019 4:00 PM IST

Business

Markets to see Budget overhang this week; IIP, inflation data eyed:...

Analysts said that now that the much-awaited Budget is over, focus will shift to first quarter earnings starting...

7 July 2019 3:05 PM IST

India

Government will relax FDI rules to spur economic growth: Finance...

Government will tap additional sources of revenue like opening up sectors for private and foreign investments

6 July 2019 8:17 PM IST

Noted economist Rajiv Kumar interacts with the the media after taking charge as the Vice-Chairman of NITI Aayog, in New Delhi. (Photo: PTI)

Business

Budget clean break from past, sets out agenda for Modi 2.0 govt: Rajiv...

Narendra Modi government had exempted people with earnings of up to Rs 5 lakh from payment of income tax.

6 July 2019 4:30 PM IST

...former French President, Hollande, is countering statement made against him with regard to a conflict of interest in his dealing with the Reliance Defence, Finance Minister Arun Jaitley wrote. (Photo: Twitter | @ANI)

Business

Budget lays down roadmap for India to get back on high growth track:...

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

6 July 2019 12:29 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Business

Budget 2019 puts onus on RBI to spur growth

In the fourth quarter of the fiscal year to last March 31, economic growth slumped to 5.8 per cent, the slowest pace in...

6 July 2019 12:24 PM IST