The new direct tax code is set to replace the existing Income Tax Act. The aim is to reform the complex income tax laws into simpler tax codes with reduced rates, fewer exemptions, and tax slabs

The Committee on Economic Capital Framework, which met on Wednesday for the final time, has reportedly recommended transferring of funds from both contingency and revaluation reserves to the government

\"We must look at the experience of countries that have taken loans from international markets to meet their government deficit. The experience of these countries has been far from good,\" says Ashwani Mahajan co-convenor of Swadeshi Jagran Manch

Sitharaman says efforts like extensive automation of business processes, application of e-way bill mechanism, and targeted action on compliance verification have improved the GST revenue collection

Under the PMGSY-III Scheme, the Modi government proposed to consolidate 1,25,000 Km road length in the states

Once the Air India Specific Alternative Mechanism (AISAM), which is charged with giving approvals for the divestment process, is reconstituted with FM Nirmala Sitharaman and Civil Aviation Minister Hardeep Singh Puri coming on board, the Centre is expected to issue bid documents for Expression of Interest sometime this month

India's exports have not been able to cope with the rising tide of imports, thus expanding the trade imbalance

The Railways has received the highest ever outlay for capital expenditure amounting to Rs 1.60 lakh crore; last year, the outlay for the railways was Rs 1.48 lakh crore

Budget 2019: The minister said that \"as the world's third largest domestic aviation market, the time is ripe for India to enter into aircraft financing and leasing activities from Indian shores.\"

Arun Jaitley says PM Modi's first tenure witnessed a mixed blend of both \"good economics and good politics\"

India is the second largest consumer of the yellow metal in the world and last year had purchased 760.4 tonnes, lower by one per cent than the 771.2 tonnes consumed in 2017.