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Union 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.

Petrol, diesel prices down in India despite global crude touching 2-week high

Petrol, diesel prices down in India despite global crude touching 2-week high

Fri, Feb 23, 2018

State-owned oil marketing companies (OMCs) like IOCL, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Corp Limited (HPCL) have started to bring petrol and diesel prices from February 8.

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FY19 Union Budget not likely to be populist, says PMEAC member

FY19 Union Budget not likely to be populist, says PMEAC member

Sun, Dec 10, 2017

The prime minister's economic advisory panel member Rathin Roy has expressed hope that the forthcoming budget will not be a 'populist' and will reflect the commitment of the government to improve quality of expenditure.

Industry pushes lower corporate tax in pre-Budget meet with FM Jaitley

Industry pushes lower corporate tax in pre-Budget meet with FM Jaitley

Wed, Dec 06, 2017

Corporate India today sought lower tax and more incentives for investments while exporters called for quicker GST refunds at a meeting with Finance Minister Arun Jaitley in the run-up to the last full-year Budget of the NDA government before 2019 general elections.

Union Budget: Trade unions for Rs 5 lakh tax-free income, Rs 3,000 pension

Union Budget: Trade unions for Rs 5 lakh tax-free income, Rs 3,000 pension

Wed, Dec 06, 2017

Central trade unions today pitched for tax exemption on income of up to Rs 5 lakh, minimum monthly wage of Rs 18,000 and Rs 3,000 minimum pension for workers in a pre-budget consultation with Finance Minister Arun Jaitley.

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