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Union Budget 2019
Business  /  Published 01.07.20

Brokers in Calcutta for Gift City carrot

An impending change in the mode of stamp duty collection on transaction of shares from July 1 may prod some of the city-based brokers to consider relocating part of their business to the Gift City in ...
By Sambit Saha in Calcutta

Business  /  Published 19.09.19

Shaktikanta Das moots structural reforms

RBI governor Shaktikanta Das on Thursday called for more structural reforms, and suggested the Centre frontload its budgeted capital expenditure to put growth back on track.The government has limited ...
By Our Special Correspondent in Mumbai

West Bengal  /  Published 09.07.19

Tea tax ripples in Bengal Assembly

Bengal Assembly Speaker Biman Banerjee has suggested a motion in the House to highlight the tea industry’s problems because of the Centre’s proposal to tax at source cash withdrawals exceeding Rs ...
By A Staff Reporter in Calcutta

Business  /  Published 08.07.19

Foreign bond talks soon

Reserve Bank governor Shaktikanta Das on Monday said the apex bank would initiate discussions with the government on the issue of overseas sovereign bonds, an instrument that will help to reduce the g...
By Our Special Correspondent in New Delhi

India  /  Published 07.07.19

Modi explains the $5-trillion economy

Prime Minister Narendra Modi on Saturday said he had set himself the target of achieving a $5-trillion economy for India “because the size of the cake matters”, and slammed his critics as “profe...
By Piyush Srivastava in Lucknow

India  /  Published 05.07.19

Funds ‘inadequate’ for rural job-spinner MGNREGA

The budget has allocated Rs 60,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Act programme, which had generated the highest number of jobs last financial year, causing an expend...
By Basant Kumar Mohanty in New Delhi

Business  /  Published 05.07.19

Cheer for firms, tears for the rich: Union Budget

Tax impact- directIncome taxProposal: Reduced income tax rate of 25 per cent (for 2019-20) now applicable to companies having annual turnover or gross receipts up to Rs 400 crore in financial year 201...
By The Telegraph in

Jharkhand  /  Published 05.07.19

Budget blow for big hopes in Ranchi

There were hope of a big bang Budget, but what finance minister Nirmala Sitharaman delivered left many scratching their heads. The Telegraph reached out to a cross-section of Ranchiites, including a f...
By Vijay Deo Jha in Ranchi

Business  /  Published 31.10.19

Fiscal gap hits 93% of target

The country’s fiscal deficit reached nearly 93 per cent of the budget estimate at Rs 6.52 lakh crore at the end of September in the current financial year, government data showed on Thursday. In abs...
By PTI in New Delhi

Business  /  Published 08.08.19

FPIs may be exempted from levy

The government is considering ways to exempt a certain class of foreign portfolio investors from the surcharge on taxable income announced in the budget, while industry leaders have pitched for an ove...
By Our Special Correspondent in New Delhi


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