The government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent and offered a lower rate to 17.01 per cent for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs.

\"The massive amount of savings in corporate tax due to the measures declared today aggregating to Rs 1.45 lakh crore is a timely stimulus for the revival of our economy,\" said JSW CMD Sajjan Jindal

The benchmark Sensex spiked over 5 per cent, 2,256 points to 38,349, after the FM Sitharaman slashed basic corporate tax rate to 22 per cent from 30 per cent while for new manufacturing companies it has been cut down to 15 per cent from 25 per cent.

While Sensex closed 1,921 points or 5.32% higher at 38,014, Nifty ended 5.32% or 569 points higher at 11,274.

The rally in gold prices could allure investors, but staying diversified to create a well-balanced portfolio is the way to long-term growth

The equity market crashed on Tuesday with Sensex and Nifty declining over 2% each on heavy selling in PSU banks and auto indices.

The Finance Minister has announced a mini-stimulus package to arrest the economic slowdown. But the economy needs much more than piecemeal solutions

The equity market witnessed surge in buying, with Sensex gaining as much as 792.96 points or 2.16 per cent to close Monday's trade at 37,494.12, while Nifty settled 228.5 points, or 2.11 per cent, higher at 11,057.85

From maximising the benefits under Sections 80C and 80 D to correctly calculating benefits on your home loan and HRA, here are 5 ways to minimise your tax outgo

Finance Minister Nirmala Sitharaman on Friday announced a raft of measures in efforts to boost economic growth from a five-year low.

Though Nirmala Sitharaman had earlier declined to comment on the speculations of a stimulus package, she has been meeting industry representatives for the past several days to understand their concerns

Managing your money can be tricky. Send your queries, and personal finance experts will help you resolve any issue

The Chinese yuan will weaken further beyond the current 7 per dollar rate over the coming year as Beijing steps back from managing the currency amid tariff threats from Washington, a Reuters poll of foreign exchange strategists showed.