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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

Finance Minister Nirmala Sitharaman

Budget 2019: What does this budget hold for homebuyers?

FM said said the Centre would take substantial steps to promote rental housing for which government would make...

5 July 2019 2:48 PM IST

Rs 10 coins (Photo: PTI)

Budget 2019: Govt to soon put in circulation new series coins of up to...

These new coins will be made available for public use shortly, said Finance Minister Nirmala Sitharaman.

5 July 2019 2:20 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Budget 2019: Govt lower fiscal deficit target to 3.3 per cent for FY20

The fiscal deficit this year is 3.3 per cent brought down from 3.4 per cent.

5 July 2019 2:12 PM IST

The government may shortly include Aadhaar card as a valid document for filing income tax returns. (Photo: PTI/File)

Budget 2019-20: Those without PAN can now file returns using Aadhaar

On Thursday, the Lok Sabha passed by voice vote the Aadhaar and Other Laws (Amendment) Bill, 2019.

5 July 2019 2:02 PM IST