Central GST falls short of budget estimate by 40pc in April-November
CGST collection during Apr-Nov stood at Rs 3.28 lakh crore against budgeted estimate of Rs 5.26 crore.
Iran unveils budget to resist US sanctions
The US sanctions imposed last year in a bitter dispute centred on Iran’s nuclear programme include...
Iran unveils budget of 'resistance' against US sanctions
After unilaterally withdrawing from a 2015 nuclear deal between Iran and world power...
2020 travel goals: 5 budget-friendly backpacking trails
It is holiday time of the year again and many would be gearing up for getaways. Among the very new-age types of travelling, backpacking has become a hit. For your 2020 travel goals, follow these backpacking trails across India even as you save money.
Budget-making team of Finance Ministry short of two key officials
The budget for 2020-21 to be presented on February 1 is keenly awaited for the expected second wave of structural reforms for pulling out the economy from its over six-year low growth. In addition to expenditure secretary, the position of joint secretary, one of the key officials in the entire Budget-making process, is also vacant for almost three months.
RBI may wait for Budget announcements before taking rate cut decision
“The forthcoming union budget will also provide better insight into further measures to be undertaken by the government and its impact on growth. Against this backdrop, the MPC judged that there is monetary policy space for further action, but it felt it appropriate to take a pause at this juncture.”
Dharmendra Pradhan hopes coming Budget will signal inclusion of ATF, natural gas in GST
When the Goods and Services Tax (GST) was introduced on July 1, 2017 amalgamating 17 central and state levies, five commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of its purview given the revenue dependence of state governments on this sector.
'Shocking' pause? No, RBI is just awaiting signals from FM’s Budget
Shaktikanta Das said RBI is seeing some green shoots of growth revival in the economy.
Navy budget declined from 18% to 13%: Chief Admiral Karambir Singh
New Delhi, Dec 03 (ANI): Indian Navy Chief Admiral Karambir Singh admitted that their defence budget has declined in recent years. “Navy's s...
The 50/30/20 rule for managing personal finances
How should your income be divided among necessities, luxuries and savings? Luckily, there's a thumb rule.
Growth a national objective: Shaktikanta Das
Das, while speaking at the postpolicy press conference on Thursday, said at a critical juncture where growth was slacking, it was of paramount importance that monetary policy and fiscal policy work in coordination to achieve the best results in the national endeavour to revive growth. The career bureaucrat entered the RBI headquarters last December.
Middle class may gain from lower tax rates in Budget FY21
Sources said that the Budget 2020-21 will take the sops announced in the pre-election interim budget further by changing the personal income tax rates for the salaried in lower and middle income groups. This may be done through changes in the tax slabs.
View: The case for QE in India is getting stronger
The growth rate of India’s broadest measure of money supply has collapsed to single-digit levels.
Modi considers easing foreign control rule to aid Air India sale
The govt may tweak "substantial ownership and effective control” clause that's keeping foreign suitors at bay.
Will consider suggestions for personal I-T cut: Finance minister Nirmala Sitharaman
Her comments on personal income tax rates came in response to a question from TMC member Saugata Roy during a discussion in Lok Sabha where she was piloting the bill to amend corporate tax rates. She said she valued everybody who earned their living, paid their tax and took care of their family and business. “So, personal income tax will be considered for its merit.
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