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Budget 2018

Budget 2019: Gold to get costlier, import duty hiked

Budget 2019: Gold to get costlier, import duty hiked

Sat, Jul 06, 2019

The government today increased customs duty on gold. Currently, gold attracts an import duty of 10%. According to the Budget proposals, import duty to be hiked on gold and precious metals to 12.5%, from the current level of 10%. India is one of the largest gold importers in the world, and the imports mainly take care of demand from the jewelry sector.

Money Guru: Understanding an interim budget?

Money Guru: Understanding an interim budget?

Sat, Jan 19, 2019

Ahead of the elections which is slated during May 2019, the central government is all geared up to announce its interim budget most likely on February 1, 2019. In this episode of money guru, find out what an interim budget is and the need for it at the moment.

CBDT asks field officers to step up collections to meet Rs 10.05 lakh crore target

CBDT asks field officers to step up collections to meet Rs 10.05 lakh crore target

Sun, Feb 25, 2018

In the April-January period, the government has collected Rs 6.95 lakh crore from direct taxes, which was 69.2 per cent of the revised estimate of Rs 10.05 lakh crore for full 2017-18 fiscal. In the last fiscal (2016-17), the government had collected Rs 8.49 lakh crore as direct taxes.

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Sensex, Nifty at record highs ahead of Economic Survey 2018

Sensex, Nifty at record highs ahead of Economic Survey 2018

Mon, Jan 29, 2018

The Economic Survey is the ministry's view on the annual economic development of the country, and will set the tone for the Budget 2018, to be unveiled on February 1.

Government reaches out to opposition ahead of budget session

Government reaches out to opposition ahead of budget session

Mon, Jan 29, 2018

The budget session of Parliament will commence on Monday with the Presidents address to a joint sitting of both houses as the Narendra Modi government readies to present its last full Budget before the 2019 Lok Sabha elections.

US Inc urges Jaitley to reduce tax uncertainty for MNCs

US Inc urges Jaitley to reduce tax uncertainty for MNCs

Mon, Jan 29, 2018

Ahead of Finance Minister Arun Jaitley`s last full Union Budget, the US-India Business Council (USIBC) has urged him to further reduce tax uncertainty for multinational companies and foreign investors, even as Indian industry has voiced its own areas of concern.

With elections coming up, government will aim to woo rural voters in budget

With elections coming up, government will aim to woo rural voters in budget

Sun, Jan 28, 2018

Modi is facing voter discontent over falling farm incomes and the lack of jobs for hundreds of thousands of youth entering the labour force each month

Complete automation of Railways' signal system on the cards

Complete automation of Railways' signal system on the cards

Sun, Jan 28, 2018

Railways is going ahead full throttle to generate funds from internal resources and from the market to meet the huge requirement for infrastructure development and safety-enhancement measures

Failure to record strong earnings may trigger correction in the market: Deepak Jasani

Failure to record strong earnings may trigger correction in the market: Deepak Jasani

Thu, Jan 25, 2018

Jasani expects Finance Minister Arun Jaitley to allocate higher funds into infra, rural and housing in Budget 2018.

Startups look for booster dose in Union Budget

Startups look for booster dose in Union Budget

Wed, Jan 24, 2018

Startups feel many things left to be done by the government for them as they often hit the regulatory roadblocks under the heavy hand of archaic laws

What taxpayers expect from Budget 2018 on personal taxation

What taxpayers expect from Budget 2018 on personal taxation

Wed, Jan 24, 2018

Since this year's Budget is the last full one for the government ahead of the general elections in 2019, experts believe a favourable revisioning in income tax slabs, relaxation in Section 80C limit and a push in medical insurance for senior citizens and others is required.

Budget Preview 2018-19: Revision in direct taxation, LTCG expected; FY18 fiscal deficit target to overshoot

Budget Preview 2018-19: Revision in direct taxation, LTCG expected; FY18 fiscal deficit target to overshoot

Wed, Jan 24, 2018

By Amar Ambani In the last full budget before the 2019 general elections, capital market investors would be keen to know of the government’s stand on two critical issues: fiscal consolidation, and, tax burden on capital market investments.

Nifty hits 11,000 for first time ever, jumps 1000 points in 75 sessions

Nifty hits 11,000 for first time ever, jumps 1000 points in 75 sessions

Tue, Jan 23, 2018

The Nifty50 had hits its previous milestone of 10,000 on July 25, 2017. As many as 23 stocks rallied over 10 per cent during the same period.

India's oil ministry seeks cut in excise duty on petrol, diesel in budget

India's oil ministry seeks cut in excise duty on petrol, diesel in budget

Mon, Jan 22, 2018

India`s oil ministry is pushing for a cut in excise duty on petrol and diesel in the upcoming 2018/19 budget to cushion the impact of rising oil prices on its vast consumer base, two oil ministry officials told Reuters on Monday.

Jaitley likely to address Sebi, RBI boards on Feb 10

Jaitley likely to address Sebi, RBI boards on Feb 10

Sun, Jan 21, 2018

Soon after the presentation of Union Budget, it is a customary practice for the finance minister to address the boards of Sebi and RBI

Budget 2018: Cryptocurrencies' traders wait for clarity on legality and taxation

Budget 2018: Cryptocurrencies' traders wait for clarity on legality and taxation

Sat, Jan 20, 2018

Not only Bitcoin, other cryptocurrencies like Ripple, Litecoin and Ethereum are also gaining popularity among Indians

What the common people expect from Union Budget 2018

What the common people expect from Union Budget 2018

Sat, Jan 20, 2018

Here’s what people’s expectation from the Budget 2018 entails.

LTCG on equities: Will it make a comeback in Budget 2018?

LTCG on equities: Will it make a comeback in Budget 2018?

Thu, Jan 18, 2018

Extending the tenure of the Long-term Capital Gains (STCG) tax to two-three years from one, in line with non-equity mutual funds could be one possibility, experts said.

Budget 2018: Extension of short-term capital gains tax on stocks to 3 years sought

Budget 2018: Extension of short-term capital gains tax on stocks to 3 years sought

Mon, Jan 15, 2018

Currently a person who sell equity shares listed on stock exchanges within 12 months of their buying, then they enter into short term capital gain

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