Both the earlier and the current governments missed golden opportunities to make the tax structure simple and harassment-proof.
In previous budget, a number of new projects were piloted with an allocation of Rs 100 crore. The 2015 budget needs to assess the progress of these projects and provide appropriate allocations to take them forward...
The local IT and ITeS industry has sought more clarity on the Rs 10,000 crore startup initiative announced by the Centre in last Budget.
The Reserve Bank today notified the increase in deposit money under Public Provident Fund (PPF) to Rs 1.5 lakh from Rs 1 lakh earlier.
Here are the highlights from the annual report released by the central bank today.
Finance Minister Arun Jaitley today changed the cover photo on his Facebook profile and added a new slogan saying there is no contradiction between being "pro-business and pro-poor".
Diversified conglomerate ITC has raised the prices of select cigarette brands like Classic and Gold Flake Kings by up to Rs 10/pack
From services launched in quick succession like same-day and next-day delivery to in-house products to Flipkart First-a subscription service with benefits for consumers (similar to Amazon Prime), it looks like the Indian e-commerce site has been following Amazon's trail rather too closely.
Finance Minister Arun Jaitley will address the board of the Reserve Bank here on August 9 amid expectations that the central bank will complement government actions by reducing rates to boost growth.
MFs feared the budget proposal will hurt them as majority of assets under management comes under the debt category
India's ultimatum has revived doubts about the future of the WTO as a negotiating body
The finance minister said the government would focus on smoother and investor-friendly tax policy
Sources said that the government is considering tax relief for debt-based mutual funds and redemptions in some schemes may even get tax relief.
Finance Minister Arun Jaitley in Budget 2014-15 had announced developing 100 smart cities as satellite towns of larger cities and by modernising the existing mid-sized cities.<br />
Prime Minister Narendra Modi's government will decide next month on the sale of a $3 billion stake in state oil firm Oil and Natural Gas Corp, in a major test of whether he can follow through on reforms outlined in his first budget.<br />
The Budget session of Parliament gets underway today. Tracking all the live updates and action from both houses of Parliament.
Just how optimistic can one be about govt's plans on women safety? A close look at the budget proposals offer little reason for optimism.
India's top finance ministry official said that plans announced in this week's budget to stick to a fiscal deficit target of 4.1 per cent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.
Modi’s smart pre-poll rhetoric turned into reality in an unprecedented manner, because the region that was so far neglected and alienated, has not only been awarded with two Cabinet berths, but also an outlay of Rs 53,706 crore in the Union Budget 2014-15 announced on July 10.