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...

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, ...

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...

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 ...

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 ...

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...

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...

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...

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...

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...