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  • Budget 2022 expectations: Tax breaks for personal accident insurance, reduction in GST on premiums Dec 06, 2021 10:24 AM IST

    Budget 2022 expectations: Tax breaks for personal accident insurance, reduction in GST on premiums

    Any tax benefits or breaks are likely to increase awareness and consumer willingness to purchase personal accident covers

  • Govt to change tax laws in Budget to tax cryptocurrency gains Nov 19, 2021 02:56 PM IST

    Govt to change tax laws in Budget to tax cryptocurrency gains

    Revenue Secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.

  • Railway Ministry working to roll out new set of private train tenders by February: Sources Nov 08, 2021 11:40 AM IST

    Railway Ministry working to roll out new set of private train tenders by February: Sources

    Last year, when Indian Railways invited bids to operate private trains on its network, only two entities had evinced interest at the financial bidding stage

  • Centre sees no impact on budget math from excise duty cut even as onus on opposition states to follow suit Nov 05, 2021 06:53 PM IST

    Centre sees no impact on budget math from excise duty cut even as onus on opposition states to follow suit

    The centre’s net tax collections (direct plus indirect taxes) for April-September 2021 were Rs 10.81 lakh crore, nearly double of the Rs 5.51 lakh crore that was garnered for the same period last year.

  • Finance Ministry to kick-start budgetary exercise from October 12 Sep 20, 2021 03:25 PM IST

    Finance Ministry to kick-start budgetary exercise from October 12

    The budget for the next year will have to address critical issues of demand generation, job creation and putting the economy on a sustained 8 per cent plus growth path.

  • Cabinet approves Rs 1,600 crore subsidy for Indian-flagged merchant ships Jul 14, 2021 05:35 PM IST

    Cabinet approves Rs 1,600 crore subsidy for Indian-flagged merchant ships

    The scheme is aimed at encouraging ship owners to acquire vessels to participate in global tenders, which will also help increase jobs in the sector.

  • Small, Beautiful & Strong | Payables Jul 02, 2021 05:00 PM IST

    Small, Beautiful & Strong | Payables

    This episode examines how small businesses have managed expenses through technology and other innovations of management with payment processes. Tune in to know more

  • Kerala Budget: State government announces Rs 20,000 crore second COVID-19 package Jun 04, 2021 10:40 AM IST

    Kerala Budget: State government announces Rs 20,000 crore second COVID-19 package

    Kerala's new Budget also includes a revival package for the coastal regions which had suffered widespread destruction recently due to sea incursion and incessant rains.

  • Government must use RBI’s balance sheet to finance COVID-19 vaccines for all May 19, 2021 10:01 AM IST

    Government must use RBI’s balance sheet to finance COVID-19 vaccines for all

    The government needs to form an emergency interdisciplinary committee of experts to act quickly on putting the vaccine policy back on the rails. Let’s stop saying we don’t have the money to fund vaccines

  • Income tax planning: Last-minute tips to save tax using medical bills Mar 23, 2021 10:00 AM IST

    Income tax planning: Last-minute tips to save tax using medical bills

    Income Tax Saving: For the Medical insurance of parents of an individual, a deduction of Rs 25,000 can be claimed.

  • Income tax planning: These last-minute tips will help you save tax Mar 20, 2021 06:49 PM IST

    Income tax planning: These last-minute tips will help you save tax

    Income Tax Saving: Among several kinds of Mutual Funds you'll find in the market, Equity Linked Saving Scheme (ELSS) is the only kind that offers a deduction under section 80C.

  • State Budgets 2021-22 | A close look at Budgets of 12 major states and their key highlights Mar 11, 2021 08:29 PM IST

    State Budgets 2021-22 | A close look at Budgets of 12 major states and their key highlights

    Since the presentation of the Union Budget on February 1, almost all the states have presented their budgets for 2021-22, including the poll bound states of West Bengal, Kerala, Tamil Nadu and others. Moneycontrol brings you a primer of 12 major state budgets and their salient announcements.

  • Women's Day: Maharashtra government announces 1% stamp duty cut for women homebuyers Mar 08, 2021 06:21 PM IST

    Women's Day: Maharashtra government announces 1% stamp duty cut for women homebuyers

    Real estate developers said the move will provide a further boost to housing sales in the state

  • UK budget to tackle coronavirus fallout, aid recovery Mar 03, 2021 06:18 PM IST

    UK budget to tackle coronavirus fallout, aid recovery

    Ahead of the budget statement in parliament, Prime Minister Boris Johnson's Conservative government announced late Tuesday that it would extend its furlough scheme paying the bulk of wages for millions of private-sector workers.

  • Explained | Why LPG prices are rising Mar 03, 2021 11:40 AM IST

    Explained | Why LPG prices are rising

    The government has blamed the rise in international rates for the spike in prices of LPG in India. The surge could push it to resume paying the subsidy on cooking gas, which was stopped after global prices fell when the pandemic began to take hold.

  • Q3 GDP data: Government consumption spending growth in FY21 likely to be slower than FY20, show advance estimates Feb 26, 2021 07:00 PM IST

    Q3 GDP data: Government consumption spending growth in FY21 likely to be slower than FY20, show advance estimates

    During the first quarter of the current financial year, GFCE was 16.4 percent of the GDP, pushed by a rise in government spending.

  • Bihar govt presents Rs 2.18 lakh crore budget for FY22 in Assembly, no new tax imposed Feb 22, 2021 08:35 PM IST

    Bihar govt presents Rs 2.18 lakh crore budget for FY22 in Assembly, no new tax imposed

    Speaking on the budget, Kumar said it was "balanced" and prepared by protecting the interests of all sections of people in the society.

  • Privatisation of CPSEs during recession time a 'horrible idea': Pronab Sen Feb 18, 2021 10:38 AM IST

    Privatisation of CPSEs during recession time a 'horrible idea': Pronab Sen

    The government has budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including two public sector banks (PSBs) and one general insurance company, in the next fiscal year beginning April 1.

  • Budget 2021 has something to cheer for unorganised sector employees Feb 17, 2021 11:28 AM IST

    Budget 2021 has something to cheer for unorganised sector employees

    Gig, platform and home-based workers will now get social security benefits

  • Agreed to 15th Finance Commission's suggestion on non-lapsable Defence Fund: Finance Minister Feb 13, 2021 11:43 AM IST

    Agreed to 15th Finance Commission's suggestion on non-lapsable Defence Fund: Finance Minister

    The 15th Finance Commission had recommended constitution of Modernisation Fund for Defence and Internal Security (MFDIS), a non-lapsable dedicated fund to bridge the gap between projected budgetary requirements and allocation for internal security and defence.

  • Vedanta, Centricus join hands to create $10-billion fund to invest in divestment-bound PSUs Feb 12, 2021 10:11 PM IST

    Vedanta, Centricus join hands to create $10-billion fund to invest in divestment-bound PSUs

    Vedanta and private equity firms Apollo Global and I Squared Capital's arm Think Gas have shown interest in buying the government's 52.98 per cent stake in BPCL.

  • The Budget’s impact on NRIs—what you need to know Feb 12, 2021 03:41 PM IST

    The Budget’s impact on NRIs—what you need to know

    Relaxation in double taxation of retirement funds to setting up of one-person company, the Budget 2021 has something for NRIs as well.

  • Budget 2021 | Why doing away NSSF loans to Food Corp of India is such a big deal Feb 04, 2021 01:53 PM IST

    Budget 2021 | Why doing away NSSF loans to Food Corp of India is such a big deal

    Experts welcomed the move as a step towards enhancing budget transparency

  • Budget’s EPF tax googly: Should you rework your retirement strategy? Feb 04, 2021 09:30 AM IST

    Budget’s EPF tax googly: Should you rework your retirement strategy?

    Interest earned on provident contributions of Rs 2.5 lakh in a year will now be taxed. Is it time to look for alternatives?

  • Agriculture infrastructure cess: States' tax revenue to take a hit as FM cuts duty Feb 02, 2021 12:21 PM IST

    Agriculture infrastructure cess: States' tax revenue to take a hit as FM cuts duty

    Agriculture Infrastructure and Development Cess has been placed on fuel, alcoholic beverages, gold, silver, crude, soybean, and a few other commodities.

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