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Finance Minister Nirmala Sitharaman presented Union Budget for Modi 2.0 government. (Photo: ANI | Twitter)

Budget 2019: LED bulbs distributed under Ujala scheme saving Rs...

She further said that India is going to be free of incandescent bulbs and govt will promote use of solar stoves and...

5 July 2019 4:33 PM IST

The official said Rs 32.54 crore in cash, out of the total seizures of Rs 152.78 crore, has been released after verification. (Representational image)

Budget 2019: GST processes to be simplified, automated GST refund to...

The Budget proposes to move to electronic invoice system wherein invoice details will be captured in central system at...

5 July 2019 4:20 PM IST

Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Govt to start raising part of its gross borrowings from external...

The government would start raising a part of its gross borrowing programme in external markets, said Nirmala Sitharaman.

5 July 2019 3:49 PM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Budget 2019: Govt enhances revenue collection from telecom sector to...

Receipts from the telecom sector mainly relate to the licence fees from operators and spectrum usage charges.

5 July 2019 3:43 PM IST

Nirmala Sitharaman spoke on the on-going efforts of Indian Government to counter tax avoidance & evasion, finance ministry tweeted.

Budget 2019: Highlights from FM Nirmala Sitharaman's maiden speech

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman made her maiden Budget Speech and presented it in...

5 July 2019 3:43 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Budget 2019: Amnesty scheme for excise, service tax cases to unlock Rs...

The relief proposed under scheme varies from 40 pc to 70 pc of the tax dues for cases other than voluntary disclosure...

5 July 2019 3:26 PM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC...

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

5 July 2019 3:06 PM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

Budget 2019: High-end income group people need to pay 3 pc to 7 pc...

Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current...

5 July 2019 2:57 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Budget 2019: For every rupee in govt kitty, 68 paise come from taxes

Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.

5 July 2019 2:57 PM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

Budget 2019: FM proposes starting exclusive channel for startups

Standup India will be continued for the entire period coinciding with the 15th Finance Commission, i.e., 2020-2025.

5 July 2019 2:48 PM IST

(Photo: Pixabay | Representational)

Budget 2019: What is getting more expensive, what's cheaper?

A large number of imported items like books, plastic items and imported auto parts are set to be costlier.

5 July 2019 3:25 PM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Budget 2019: Cess on petrol, diesel hiked by Re 1 per litre

Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.

5 July 2019 2:26 PM IST