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  • Budget 2019: Boost to single-brand retail on relaxation of local sourcing norms Jul 05, 2019 01:08 PM IST

    Budget 2019: Boost to single-brand retail on relaxation of local sourcing norms

    Currently, the FDI policy allows 100 percent foreign investment in single-brand retail under the automatic route but requires an investor to source 30 percent of the value of goods sold from India

  • Budget Session 2018 – The worst session of Parliament since the year 2000 Apr 10, 2018 03:44 PM IST

    Budget Session 2018 – The worst session of Parliament since the year 2000

    The 2018 Budget Session of Parliament adjourned sine die or with no plan to resume. on April 6,

  • Hiked infra capital outlays in Budget to prop up construction sector order book: ICRA Apr 05, 2018 08:42 PM IST

    Hiked infra capital outlays in Budget to prop up construction sector order book: ICRA

    With funding support from increased budgetary allocation, and higher Internal and Extra Budgetary Resources(IEBR) including debt funding from institutions like LIC, EPFO, most of the infrastructure segments are expected to witness the increased pace of contract awarding and execution in 2018-19, it said in a statement.

  • LTCG tax, other Budget proposals to kick in from April 1 Mar 30, 2018 02:12 PM IST

    LTCG tax, other Budget proposals to kick in from April 1

    The 2018-19 Budget had after a gap of 14 years reintroduced 10 percent tax on LTCG exceeding Rs 1 lakh from sale of shares.

  • COMMENT: Corruption, collusion and legislative filibustering will cripple democracy Mar 19, 2018 03:22 PM IST

    COMMENT: Corruption, collusion and legislative filibustering will cripple democracy

    Passage of the Budget Bill as a money bill (which allows the government to take the combined strength in both houses to push through a bill without debate) is both curious and worrisome

  • Alarmed at Army Vice Chief’s statements: Parliamentary Panel on Defence Mar 13, 2018 04:55 PM IST

    Alarmed at Army Vice Chief’s statements: Parliamentary Panel on Defence

    The Vice Chief of Army Staff Lt Gen Sarath Chandhas had earlier told the Parliamentary Panel on Defence that the 2018-19 Budget ‘had dashed their hopes’.

  • Union Budget 2018 proposal to cut women's EPFO contribution met with opposition Feb 22, 2018 12:38 PM IST

    Union Budget 2018 proposal to cut women's EPFO contribution met with opposition

    The labour and the finance ministry will carry out further deliberations over the issue.

  • Planning to spend Rs 1,700 crore for development of national waterways in 2018-19: IWAI VC Feb 19, 2018 02:10 PM IST

    Planning to spend Rs 1,700 crore for development of national waterways in 2018-19: IWAI VC

    In conversation with Moneycontrol, Pravir Pandey, vice chairman of IWAI, said that the amendment to Central Road Fund Act, 2000, to address the financial need for development of waterways is ‘significant’

  • Budget reforms have created a new work culture: PM Modi Feb 19, 2018 08:16 AM IST

    Budget reforms have created a new work culture: PM Modi

    After inaugurating the 'Magnetic Maharashtra' Investors Summit in suburban Bandra, he said the budget was not limited to outlay, its focus was on the outcome.

  • Arunachal Pradesh website to seek people's input to prepare Budget Feb 17, 2018 07:43 PM IST

    Arunachal Pradesh website to seek people's input to prepare Budget

    The website, www.arunachalbudget.in, presents some economic data about the state to help the people put forward their suggestions for the Budget to be presented in the Assembly next month.

  • Centre, states govt to ensure farmers are able to sell surplus electricity to grid: Subhash Chandra Garg Feb 16, 2018 08:19 PM IST

    Centre, states govt to ensure farmers are able to sell surplus electricity to grid: Subhash Chandra Garg

    Watch the interview of Economic Affairs Secretary Subhash Chandra Garg, where he spoke about why the Budget 2018 hasn't spoken much about solar and biomass sectors.

  • Budget 2018 underlined healthcare reforms all the way Feb 16, 2018 02:17 PM IST

    Budget 2018 underlined healthcare reforms all the way

    The budget also announced the set-up of 24 new Government Medical Colleges and Hospitals along with an upgrade to existing district hospitals in the country.

  • Budget 2018: Attempts to incentivise the digital ecosystem in India Feb 16, 2018 01:54 PM IST

    Budget 2018: Attempts to incentivise the digital ecosystem in India

    Blockchain, Artificial Intelligence, 3D Printing, Robotics found a special mention in the FM’s speech.

  • IMF welcomes India's fiscal deficit target Feb 16, 2018 11:24 AM IST

    IMF welcomes India's fiscal deficit target

    The IMF has welcomed the fiscal deficit target set by India in its annual budget and noted that the country is returning to the path of gradual fiscal consolidation.

  • Tax collection assumptions in India's budget ambitious: IMF Feb 15, 2018 11:24 PM IST

    Tax collection assumptions in India's budget ambitious: IMF

    In the budget, Jaitley had announced a mega healthcare plan to provide 10-crore poor families with insurance cover against hospitalisation that will cost up to Rs 12,000 crore annually.

  • When will the Budget provisions actually liberate this yellow metal? Feb 14, 2018 02:38 PM IST

    When will the Budget provisions actually liberate this yellow metal?

    To understand how significant the provisions of the Budget are, one must go back in the past where gold was largely been treated only as a commodity – albeit a precious one.

  • LTCG Tax: Here’s how much tax you have to pay on your mutual fund gains Feb 14, 2018 09:38 AM IST

    LTCG Tax: Here’s how much tax you have to pay on your mutual fund gains

    LTCG Tax is applicable only on equity-oriented mutual funds which hold more than 65% of assets in equities. There is no change in debt fund taxability.

  • EAC-PM discusses ways to rollout of mega healthcare scheme Feb 12, 2018 06:13 PM IST

    EAC-PM discusses ways to rollout of mega healthcare scheme

    The mega healthcare scheme is likely to be launched either on August 15 or October 2.

  • Arvind Panagariya voices concerns over PM Modi's new regime for trade in India Feb 12, 2018 03:14 PM IST

    Arvind Panagariya voices concerns over PM Modi's new regime for trade in India

    According to Panagariya, the argument that protection would help the MSMEs needs to be carefully scrutinised.

  • Accelerating implementation of infrastructure projects for future in India Feb 12, 2018 10:28 AM IST

    Accelerating implementation of infrastructure projects for future in India

    India’s infrastructure financing requirement has been estimated as approximately Rs 50 lakh crore in the next five years

  • Finance, health ministries to discuss healthcare scheme this month Feb 11, 2018 11:20 AM IST

    Finance, health ministries to discuss healthcare scheme this month

    The scheme, which would be the world's largest government healthcare programme, was announced in 2018-19 Budget for providing medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable families, constituting 40 percent of India's total population.

  • Budget 2018: Fund of Funds for PSU ETFs will be a market maker: DIPAM Secy Feb 10, 2018 12:37 PM IST

    Budget 2018: Fund of Funds for PSU ETFs will be a market maker: DIPAM Secy

    As a result of the tax benefit, as many as six crore active folio holders in mutual funds would now have more incentive to invest in ETF, says Neeraj Kumar Gupta

  • Productivity of Lok Sabha 134.61%, Rajya Sabha 96.31% in Budget session's 1st half Feb 10, 2018 09:34 AM IST

    Productivity of Lok Sabha 134.61%, Rajya Sabha 96.31% in Budget session's 1st half

    The parliamentary affairs ministry said that first phase of the session yielded a total of seven sittings of the Lok Sabha and eight sittings of the Rajya Sabha.

  • Taking welfare schemes to masses will lead to poll win: PM Modi Feb 09, 2018 09:12 PM IST

    Taking welfare schemes to masses will lead to poll win: PM Modi

    The MPs' success is linked to the party's performance, the prime minister told the BJP parliamentary meeting, the leaders said.

  • FM to brief RBI and Sebi board on budget tomorrow Feb 09, 2018 04:16 PM IST

    FM to brief RBI and Sebi board on budget tomorrow

    The customary post-budget meeting is taking place this time against the backdrop of hardening bond yield and apprehensions that interest rates may rise.

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