All medical expenses reimbursed or paid by the employer on behalf of the employee is taxable
With the expenditure trends in the current and next fiscal biased towards revenue expenditure, it seems the government is going back to the old ways.
Arun Jaitley's Union Budget 2018 is high on rhetoric, low on meeting expectations and incremental in nature
Jaitley chose to ignore uncomfortable economic facts which even his government's Economic Survey acknowledged, but, reiterated those facts which support his rhetoric.
Sonia Gandhi convenes Opposition meet, calls for joint strategy on national issues 'inside and outside Parliament'
Sonia Gandhi on Thursday called for Opposition unity on issues of national importance both inside and outside Parliament as she chaired a meeting of leaders of 17 non-NDA parties.
Budget 2018: Arun Jaitley's measures to alleviate farm distress leave Opposition, some agriculture experts unimpressed
Arun Jaitley's effort to address agrarian distress may have earned him party approval, but it has elicited cynical response from the Opposition and some farm sector experts.
Mamata Banerjee calls Budget 2018 'hopeless, negative, super flop', says 'anti-people' BJP unfit for governance
West Bengal chief minister Mamata Banerjee dismissed the Union Budget presented on Thursday as "negative and a super flop show" and said the "anti-people" BJP government is not fit for governance.
Tejashwi Yadav says nothing in Budget 2018 for Bihar, blames Nitish Kumar for Centre's 'stepmotherly treatment'
The RJD on Thursday alleged that there was "nothing" for Bihar in the Union Budget presented by Finance Minister Arun Jaitley and squarely blamed Chief Minister Nitish Kumar for the alleged "stepmotherly treatment" meted out by the Centre.
The country's premier investigation agency CBI has been allocated Rs 698.38 crore in the Budget for 2018-19, a marginal increase of 2.79 percent compared to the ongoing fiscal.
Budget 2018: Narendra Modi has taken middle class for granted, possibly antagonised most loyal vote bank
Prime Minister Narendra Modi has taken huge risk by not only taking the middle class for granted, but possibly antagonising them through a budget that is almost hostile to their sentiments. The logic of the budget is populist and carries no pretension of continuing the fiscal discipline we have come to expect from the Union finance minister. In many ways, the budget was an election manifesto.
Former finance minister P Chidambaram calls Budget 2018 'a big letdown', says Arun Jaitley failed fiscal consolidation test
Terming Budget 2018-19 "defeatist" and a "big letdown", the Congress on Thursday said the government has "thrown in the towel" and conceded that it has failed to address key issues in the economy.
Captains of the industry in the financial capital aren't particularly enthused by the Budget proposals and also raised concerns over the fiscal math.
Budget 2018: Prime Minister Narendra Modi launches political psy-op to rattle his rivals ahead of Lok Sabha polls
Narendra Modi used the occasion of the budget presentation by Arun Jaitley to launch a “political psy-op”, to borrow a phrase used by intelligence agencies, against the Opposition.
Amit Shah said Union Budget gives new wings to aspirations of poor as he cited measures aimed at giving a boost to farmers, infrastructure, rural sector
Budget 2018: Ujjwala scheme amended to include 8 crore women; Arun Jaitley also lowers female EPF contribution
Arun Jaitley raised the target of beneficiaries under Ujjwala scheme to eight crore, besides proposing lowering female EPF contribution to 8% for the first three years.
Keeping in mind the Lok Sabha polls due next year, the Centre has presented an "election budget" and it had to take "desperate measures" following criticism over the GST, note ban and the Gujarat polls results, Shiv Sena leaders said on Thursday.
Budget 2018: Arun Jaitley hikes exemption limit on interest income for senior citizens to Rs 50 k annually
Announcing benefits for senior citizens, Arun Jaitley said exemption limit on income from interest for them has been raised five times to Rs 50,000 per year
Budget 2018: Centre announces National Health Protection Scheme, initiative to benefit 50 crore people
The Centre on Thursday announced the world's largest government funded health care programme, aimed at benefiting 10 crore poor families by providing coverage of up to Rs 5 lakh per family per year.
Budget 2018: Imported items including mobiles, footwear, motorcycles to get costly as govt hikes customs duties
A large number of imported items including mobile handsets, cars will become costlier as Arun Jaitley hiked customs duties on these products in Budget
Stock brokers expressed disappointment over the introduction of long-term capital gains tax in Budget, saying markets may react negatively in the short-term
In a first, Finance Minister Arun Jaitley on Thursday announced the expansion of the Mumbai suburban train network, spread over 465 km, at a cost of Rs 11,000 crore.