Merger plan, envisaged by late former finance minister Arun Jaitley, has been dropped for now and the Centre now wants to make these companies profitable

GST Council has been debating on revenue augmentation, amid severe revenue constraints before Centre and states, however, the Council is not likely to take any decision on increasing GST rates

Wide gaps in corporate and non-corporate direct tax collections are known for years and a huge number of tax evaders are routinely identified every year by the tax authorities but lack of effective follow-up action ensures that the status quo is maintained

The former bureaucrat said that Indian telecom is headed towards becoming a duopoly (Reliance Jio and Bharti Airtel) with the remaining two players- Vodafone Idea and BSNL-MTNL - hurtling towards eventual shutdown

The decision has been taken in the light of the critical financial position and breach of regulatory solvency requirements of these three public sector general insurance companies

The industry has been in the midst of a protracted slowdown as consumers at large, faced with rising unemployment and an unsure future, have stopped spending

The government expects to raise Rs 90,000 crore through sale of stakes in state-owned life insurance company LIC and IDBI Bank

Sitharaman also said the government was strengthening provisions related to safeguard and anti-dumping duties. These measures permitted under WTO guidelines are imposed in cases when a surge in imports in specific instances is reported from member countries

Kasturirangan feels that with new pedagogy, teachers and infrastructure, India could really become a destination for higher education for international students

Machine learning and AI will be used for delivering the Ayushman Bharat scheme

One of the reasons the government would have given importance to the dairy sector is because of the shortage of milk and drastically low levels of SMP (skimmed milk powder)

FM Sitharaman explained taxpayers' charter in her budget speech: \"An important aspect of both ease of living and ease of doing business is fairness and efficiency of tax administration\"

Though India has an estimated 900-1000 domestic medical devices manufacturers, only 15 companies have a turnover of above Rs 200 crore

The new tax regime, though optional, will require taxpayers to forego various tax exemptions available in the old regime. The net benefit, thus, may not be positive for all taxpayers

The Budget recognised water stress as a serious concern and proposed comprehensive measures for 100 water stressed districts in the country

Growth rates of consumer goods companies in FY20 have been the lowest in the last decade. Walk into a humble kirana store in the outskirts of Nashik, Indore or Ranchi, the trends are similar

Like RBI, the LIC is also the last resort lender for the government. Be it ONGC's offer for sale to public or rescuing public sector banks, the LIC has invested without any protest in the past

Rajan Bandelkar, President, NAREDCO West and Director of Raunak Group commented that that the real estate sector had pinned high hopes

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

A team of 47 NDRF personnel, along with firefighters and Noida Police officials brought the situation under control by 3:00 pm