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Union Budget 2020
Business  /  Published 01.02.20

Abolition of DDT a big step ahead

The abolition of dividend distribution tax, the lowering of personal income tax and the removal of long-term capital gains tax were the three big expectations from the budget. Sitharaman has granted t...
By Dhirendra Kumar in

Business  /  Published 26.01.20

Import duty hike on agenda

India plans to increase import duties on more than 50 items, including electronics, electrical goods, chemicals and handicrafts, targeting about $56 billion worth of imports from China and elsewhere, ...
By Reuters in New Delhi

Business  /  Published 23.02.20

Look before you leap: Tax deductions are key

In her budget speech, finance minister Nirmala Sitharaman gave taxpayers an interesting choice: they now get to choose between two income tax regimes. One — the old one where you take tax deductions...
By Adhil Shetty in

Opinion  /  Published 08.10.19

The prescription: Fiscal stimulus

The Narendra Modi government has an unerring instinct for bungling in economic matters. It has come out with a “fiscal stimulus” for tackling the current economic slowdown that will actually make ...
By Prabhat Patnaik in

Business  /  Published 07.02.20

Bank bailout bill back on agenda

Union finance minister Nirmala Sitharaman on Friday disclosed that North Block has again started working on the Financial Resolution and Deposit Insurance (FRDI) Bill. The bill had spooked depositors ...
By Our Special Correspondent in Mumbai

Business  /  Published 06.02.20

Repo boost to liquidity

The Reserve Bank of India (RBI) on Thursday took a major step to improve policy transmission, which could lead to banks lowering their lending rates.The central bank said it will inject up to Rs 1 la...
By Our Special Correspondent in Mumbai

Business  /  Published 05.02.20

Budget light on structural reforms: Fitch

Union finance minister Nirmala Sitharaman's Budget for 2020-21 was light on new structural reforms, Fitch Ratings said on Wednesday adding it has not materially altered its forecasts for India's econo...
By PTI in New Delhi

Business  /  Published 03.02.20

Thrust on asset creation

Finance minister Nirmala Sitharaman said on Monday the government would focus on asset creation in infrastructure, which would have a multiplier effect on demand.“We are putting money where assets w...
By Our Special Correspondent in New Delhi

India  /  Published 02.02.20

Pinarayi opposes NRI proposal, govt clarifies

Kerala chief minister Pinarayi Vijayan has written to Prime Minister Narendra Modi seeking withdrawal of the budget proposal to tax NRIs who spend more than 120 days a year in India, saying it would h...
By K.M. Rakesh in

Business  /  Published 02.02.20

Budget hope for telecom

Telecom operators would be looking for some kind of relief from the Supreme Court in their modification plea on adjusted gross revenue (AGR), which would come up for hearing on Monday — with analyst...
By R. Suryamurthy in New Delhi


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