Why was the Black budget named that? Who read the longest budget and which prime ministers have read out the budget themselves? These and other interesting questions answered about the financial document that everyone waits for

Arun Jaitley is away in New York for treatment and would come back to Delhi before the Budget presentation on February 1.

While the government will stay tethered to prudence, the balance will tilt in favour of populist measures designed to assuage restless voters who are currently sitting on the fence.

The latest Oxfam study claims that getting the world's richest 1% to pay a mere 0.5% extra tax on their wealth could make a massive difference in tackling inequality.

The board says news regarding en masse issue of prosecution notices to small companies for TDS default are completely misleading and full of factual inaccuracies.

Also to overcome the current problem of Chinese products flooding the Indian market, we need to ensure that we start manufacturing locally. And this is exactly what the superpower countries are doing where India is lacking.

So the much talk about tax rates - slab change if comes into effect can flood the market with liquidity and certainly consumption based stocks. Automobiles, and to an extent, the Real estate sector will see direct effect of income tax relief.

Nearly 23% of the 8,300 appeals in high courts and 22.8% of 7,785 appeals at the Income Tax Appellate Tribunal (ITAT) are yet to be withdrawn by tax officials.

While it is very unlikely but if there is any relaxation on securities transaction tax (STT) or long-term capital gain tax (LTCG) tax, it will be a big reason to cheer for the equity investors.

Globally, billionaires' fortunes rose by 12 per cent or USD 2.5 billion a day in 2018, whereas the poorest half of the world's population saw their wealth decline by 11 per cent

In India, the unpaid work done by women looking after their homes and children is worth 3.1 per cent of the country's GDP