New Delhi, July 6 (IANS) Affordable housing sector got a shot in the arm in the Union Budget presented on Friday with Central government paving the way for an enhanced interest deduction of up to…
New Delhi, July 4 (IANS) Finance minister Nirmala Sitharaman, who will present her maiden Budget, is likely to fulfil many of the promises made by the Prime Minister during his toiling poll campaign culminating in…
New Delhi, July 4 (IANS) The government may continue to lend its support to banks by infusing around Rs 40,000 crore into pubic sector banks (PSBs) in FY20 as part of the exercise to strengthen…
New Delhi, July 4 (IANS) Privatisation-bound national carrier Air India might not get financial support from the full Budget 2019-20. According to highly-placed sources, the airline, which got a meagre Rs 100,000 as extra budgetary…
New Delhi, July 4 (IANS) Electric vehicle manufacturing is likely to get a boost from the full Budget 2019-20. According to highly-placed sources, tax incentives and other sops might be given to the industry for…
By Sunjay Kapur The shine is coming off; the bright aura around the Indian automotive industry has dulled considerably. The sector is facing one of its worst multi-layered crises in recent years. Automobile sales have…
New Delhi, July 3 (IANS) As Finance Minister Nirmala Sitharaman presents her first Union Budget on Friday, telecom operators want the government to provide tax exemptions and broadband service providers have recommended greater emphasis on…
By S. Ranganathan For the past few years, Union Budgets have become non-events since many of the key policy steps were taken outside the ambit of the annual exercise. However, this years Budget, slated to…
By Anjana Das New Delhi, July 3 (IANS) A tax on properties, jewellery, shares, fixed deposits (FDs), cash in bank inherited is likely in the upcoming Union Budget, official sources here said on Wednesdsay. The…
Mumbai, July 3 (IANS) The government may not be in a position to provide meaningful fiscal stimulus to the economy through the upcoming Union Budget given India’s weak fiscal position, a report said on Wednesday….
New Delhi, July 3 (IANS) India’s mutual fund industry has sought the introduction of “Debt Linked Savings Scheme” (DLSS) to channelise the long-term savings of retail investors into corporate bond market. According to the budget…
New Delhi/Mumbai, July 3 (IANS) Subdued sales along with high costs have not only slowed the growth of the Indian auto sector, but have also applied breaks on new hiring, a trend which industry insiders…
By Sivaramakrishnan V. The Budget is coming up with the proposed New Education Policy (currently at draft stage) in the background and hence allocation towards education will be closely watched. We think this the Budget…
By Rajan Samuel Conventionally speaking, access to ‘roti, kapda and makaan’ (food, clothing and housing) has formed the key metric of assessing human growth and development, especially in a developing nation like India. Though we…
By Tulsi Tanti Pune, July 2 (IANS) The World Bank’s Economic Prospects Report has forecast India’s economy to grow by 7.5 percent during this and the next two fiscals, retaining its top spot as the…
New Delhi, July 2 (IANS) A recent survey has shown that majority of the Indian taxpayers do not expect any major changes in the direct tax policy in the upcoming Union Budget to be presented…
By Sivaramakrishnan V. New Delhi, July 2 (IANS) The Union budget is coming up with the proposed New Education Policy (currently at draft stage) in the background and hence allocation towards education will be closely…
New Delhi, July 1 (IANS) Although the angel tax has been the most pressing issue among Indian start-ups, there are several other taxation issues that start-ups want the government to address in the upcoming full…
By Subhash Narayan New Delhi, July 1 (IANS) The government is looking at various measures to invigorate infrastructure financing, critical for reviving the investment cycle and boosting growth. The budget is likely to announce key…
New Delhi, June 30 (IANS) The Film Exhibition Industry of the country needs tax incentives in the form of a tax holiday period, lower tax rates and subsidies among others to achieve its potential and…