Finance Minister Nirmala Sitharaman has said the government will soon announce measures to deal with the impact of Coronavirus outbreak on the domestic industry; Yogi Adityanath-led Uttar Pradesh government presented its fourth state Budget for fiscal 2020-21, promising $1-trillion economy for the biggest state of the country. UP's Finance Minister Suresh Khanna allotted Rs 5,12,860 crore budget for 2020-21, which happens to be the biggest-ever state Budget; US President Donald Trump has said he is \"saving the big deal\" with India for later and he \"does not know\" if it will be done before the presidential election in November, clearly indicating that a major bilateral trade deal during his visit to Delhi next week might not be on the cards. This and more news on News Blast.Also Read: Not 'trade deal' but 'trade package' on the cards during Trump's India visit

At 9.1%, India to see decade's lowest salary hike in 2020: reportSlowdown in the economy is reflected in subdued salary increase projections in the country. The 24th annual Salary Increase Survey by professional services firm Aon finds that companies in India will give an average pay hike of 9.1 per cent in 2020, the lowest in the decade. Companies in India gave an average pay increase of 9.3 per cent during 2019.FM Sitharaman reviews coronavirus impact on domestic industry, pro...

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While the PCSI employment confidence in jobs sub-index rose by 0.6 per cent over last month, the PCSI economic expectations sub-index moved up by 4.7 per cent

The Budget 2020 has introduced more tax slabs and offers higher limits provided the taxpayer is ready to forego all the existing exemptions and deductions including home loan interest, other tax savings investments

Taxing agricultural income is a politically sensitive issue; successive governments have shown little interest in taking corrective measures even while official reports have repeatedly expressed serious concerns over non-agriculturists abusing the exemption

The top three profit making PSUs including ONGC, Indian Oil and NTPC contributed 15.3 per cent, 9.68 per cent and 6.73 per cent, respectively, to the total profit earned by all profitable CPSEs

Indirect Tax proposal by FM Sitharaman: In order to curb abuse of the Free Trade Agreements (FTA), suitable provisions are being incorporated in the Customs Act and a review of the Rules of Origin requirements shall be undertaken for import of sensitive items. Here's all the takeaways

Kumar was commenting on the Budget proposal of finance minister Nirmala Sitharaman

Budget 2020 may be remembered for the new personal tax regime, thanks to a host of small initiatives, history may remember it as the Budget that restarted - however slowly - India's consumption and investment engines following the \"deep slowdown\"

The decision to switch to the new income tax rates will depend on the level of deductions that you are able to use in the present regime

A dozen experts interpret Budget 2020 and its impact

The Budget aims at boosting consumption and private investment to pull the economy forward

A day after she presented her second Budget, Business Today caught up with Finance Minister Nirmala Sitharaman in her North Block office to find out the reasoning behind the key initiatives in Budget 2020

Budget 2020 taxes: The individual taxpayers are free to choose between the old tax regime and the new tax regime. However, not every taxpayer will find it easy to make this switch. Here's for more

Rating agency says five-fold increase in deposit insurance to Rs 5 lakh from Rs 1 lakh earlier is \"credit positive\" for banks, as it will raise depositor confidence

The new tax regime, though optional, will need taxpayers to forego various tax exemptions available in the old regime

Budget 2020: The FM gave a clarification about the purpose of new tax regime, which were--'reduce tax incidence' and 'remove all exemptions'

Budget 2020: Employer's contribution to Employees' Provident Fund (EPF), National Pension System (NPS) and superannuation fund above Rs 7.5 lakh to be taxed

Union Budget 2020: Finance minister Nirmala Sitharaman introduced an optional personal income tax regime with the intention to simplify income-tax filing and reduce the tax burden on individual taxpayers