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Banks received 3 trillion rupees ($44.4 billion) of 500- and 1,000-rupee notes over the last four days.

Govt expects lower dividend proceeds from PSUs in FY19

As per Budget estimate for 2017-18, the govt expected Rs 67,529.24 crore from central PSUs.

3 Feb 2018 11:12 AM IST

Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Rs 80,000 crore divestment, 3.3 per cent deficit target achievable:...

Imposition of a 25 per cent corporate tax on MSMEs with turnover of less than Rs 250 crore is yet another step in the...

2 Feb 2018 5:38 PM IST

Arun Jaitley said, the reservation formula for the Patel community is legally and constitutionally untenable. (Photo: PTI)

Big corporates cry foul over no tax relief in budget 2018

Jaitley in budget for 2018-19 announced lowering of corporate tax rate to 25 pc for businesses with a turnover of up to...

2 Feb 2018 5:28 PM IST

Under the PMGKY after payment of tax, 25 per cent of the unaccounted money will have to be mandatorily parked with the government for 4 years as non-interest bearing deposit.

'Cut in corporate tax to boost MSMEs growth'

On Thursday, Arun Jaitley proposed to lower corporate tax rate to 25 per cent for businesses with turnover up to Rs 250...

2 Feb 2018 3:41 PM IST

Bombay Stock Exchange

Day after budget, Sensex crashes 800 points; Nifty slips below 10,800

NSE Nifty cracked below the 10,800-mark by tanking 256.30 points, or 2.33 per cent, to 10,760.60 at close.

2 Feb 2018 3:21 PM IST

Terming the move as unnecessary, party spokesperson Rajeev Gidara said there was already a clear distinction between tractors being used for agricultural purposes and ones used for non-agriculture purposes.

Budget 2018 aims to transform farm sector in a big way: Agri Secretary

The farm credit target has been raised to Rs 11 lakh crore for 2018-19 from Rs 10 lakh crore this year.

2 Feb 2018 2:22 PM IST

Small taxpayer got relief in past budgets, says Jaitley

Government made taxation simple for those having income up to Rs 50 lakh.

2 Feb 2018 2:03 PM IST

The very adorable Taimur Ali Khan during his birthday.

Taimur Ali Khan is of more interest to Twitter than the Union Budget,...

Saif Ali Khan and Kareena Kapoor Khan, what has your little munchkin done?

2 Feb 2018 1:46 PM IST

Arun Jaitley, Finance Minister of Narendra Modi-led NDA government presented the Union budget 2018-19 on Thursday. (Photo: PTI)

Union Budget's healthcare plan cashless, not reimbursement scheme:...

The NHPS touted as ModiCare envisaged to provide medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable...

2 Feb 2018 1:02 PM IST

Arun Jaitley pointed out that SC had in 2012 quashed all spectrum allocations, calling the 2G policy of the UPA govt corrupt and dishonest. (Photo: ANI)

Govt to roll out health cover scheme from next fiscal: Jaitley

ModiCare envisaged to provide medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable families.

2 Feb 2018 1:01 PM IST

Bombay Stock Exchange

Hurt by higher fiscal deficit target in Budget 2018, Sensex tumbles...

Nifty falls below 10,900 mark to trade at 10,826.50, down 190.40 points.

2 Feb 2018 11:22 AM IST

The Economic Survey 2017-18 was tabled in the Lok Sabha by Finance Minister Arun Jaitley on Monday. (Photo: File | PTI)

Union Budget 2018 spurs inflation worries ahead of RBI policy

Govt's decision to increase MSP guarantee to farmers, in particular, is likely to have a direct inflationary impact.

2 Feb 2018 10:53 AM IST