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PTI
New Delhi, July 17, 2019
ED officials said the two were grilled over multiple sessions in the past few days and their statements have been recorded under the Prevention of Money Laundering Act


PTI
July 17, 2019



BusinessToday.In
July 16, 2019
The last time the government tinkered with the interest rate for General Provident Fund (GPF) was in October, when it had announced a 0.4 per cent hike to 8 per cent


Dipak Mondal
New Delhi, July 15, 2019
Mahindra Mutual Fund MD Ashutosh Bishnoi says the recent defaults in the corporate sector could have been averted had fund managers looked at balance sheet numbers and not gotten swayed by the big names


BusinessToday.In
July 10, 2019
The I-T department has found that a lot of global firms operating in India have been underreporting their incomes owing to the withholding tax or equalisation levy being imposed on them.


BusinessToday.In
New Delhi, July 9, 2019
At the Budget Roundtable, Finance Minister Nirmala Sitharaman talked about steps to revive the Indian economy and enusre growth after presenting her first Union Budget which presented the vision of making India a $5 trillion economy.


Archit Gupta
July 8, 2019
Union Budget 2019: With an aim to promote the usage of electric vehicles, a taxpayer will now get an additional tax deduction of Rs 1.5 lakh under section 80EEB on the interest he or she pays on a loan taken to purchase an electric vehicle, provided the loan must be sanctioned between 1st April 2019 to 31st March 2023 and the taxpayer does not own any other electric vehicle on the date of sanction of loan.


BusinessToday.In
New Delhi, July 8, 2019
Budget 2019: Visa, Mastercard, other credit card firms stare at losses as govt pushes for e-paymentsMultinational electronic payments companies like Visa and Mastercard are likely to face losses after the recent Budget announcement regarding low-cost electronic payments. Finance Minister Nirmala Sitharaman in her Budget speech had proposed that a new section would be inserted into the Income Tax Act, under which business enterprises with an annual turnover of over Rs 50 crore would be require...


Divya Baweja
July 8, 2019
While the Budget did not provide much incentive to middle or lower income group, it is hard hitting for the super-rich. True to the intent of the Government, the Budget focusses on increasing tax compliance and at the same time easing the processes.


Anand Adhikari and Rashmi Pratap
New Delhi, July 8, 2019
The Budget will lower to a large extent the liquidity stress in the financial sector


BusinessToday.In
New Delhi, July 8, 2019
The Budget sets the ball rolling on key agenda of the Modi 2.0 government


PTI
July 8, 2019
Budget 2019: The government has lowered the fiscal deficit target to 3.3 per cent of the GDP as it is expecting net additional revenue of Rs 6,000 crore over the interim Budget estimates.


BusinessToday.In
New Delhi, July 7, 2019
Retail credit card companies, which make decent profit on business from large retailers, will now be affected as retailers will be inclined to provide other e-payment options to customers


Goutam Das
New Delhi, July 5, 2019
If proposals made by finance minister Nirmala Sitharaman are implemented in spirit, and investments are made, there could be employment generation in the medium to long-run across sectors such as real estate, core infrastructure and food processing


BusinessToday.In
July 5, 2019
FM Sitharaman specified multiple provisions and structural changes towards the banking sector, starting with provision of about Rs 70,000 crore in terms of additional capital infusion to state-owned banks to support credit improvement.


PTI
July 5, 2019



BusinessToday.In
July 5, 2019
Budget 2019: No charges or MDR shall be imposed on customers as well as on the merchants. The RBI and banks will absorb these costs from the savings that will accrue to them on account of handling less cash


PTI
July 4, 2019



PTI
July 4, 2019



PTI
July 4, 2019



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