Business

In representations to PM Modi and FM Nirmala Sitharaman, the CII suggested offences which are of a technical nature or those that do not affect public interest prejudicially should be considered for decriminalisation.

The budget 2020-21 has introduced more tax slabs and offers higher limits provided the taxpayer is ready to forego all the existing exemptions and deductions including home loan interest, other tax savings and investments.

On Thursday, DMart shares were trading at Rs 2,319.90, up 3.2%, at 10:30 am after hitting a high of Rs 2,360 in early trade. The stock has jumped by a massive 30% in the last one month in the run-up to the QIP announcement.

In the previous fortnight ended January 2, credit had grown by 7.57 per cent to Rs 100.44 lakh crore and deposits by 9.77 per cent to Rs 132.10 lakh crore.

Taxpayers now will have the option to pay tax either as per the old system, under which different deduction schemes are available, or under the new one, in which most of the popular deductions are not allowed.

In a marginal hike, the defence budget was increased to Rs 3.37 lakh crore for 2020-21 against last year's Rs 3.18 lakh crore, notwithstanding expectations of a significantly higher allocation to fast-track long-pending military modernisation.

Railway Board Chairman VK Yadav said these vans, with a carrying capacity of 17 tonnes each for transportation of highly-perishable parcel traffic, were developed and procured through the Rail Coach Factory at Kapurthala.

Both the ISTM and the LBSNAA conduct several training programmes for Indian Administrative Service (IAS) officers and all other levels of secretarial functionaries with exposure to rules, regulations and aptitude.

The BSE Sensex plummeted 988 points on Saturday to close below the key 40,000-mark, led by an intense broad-based selloff after the Union Budget for 2020-21 failed to live up to market expectations.

The capital infusion for 4G spectrum will help the debt-ridden PSUs to compete with private sector players who have rolled out pan-India 4G services.

The Budget recommends a five-year tax holiday on Esopss, a 10-year tax exemption for startups with under Rs 100 crore turnover and also talks of a seed fund to push new businesses.

Cellular Operators Association of India Director General Rajan Mathews said that telecom not being included in the definition of infrastructure was a disappointment for the industry.

More than 70,000 students from 190 countries had applied for admissions in these seats in the last academic session.

Finance minister Nirmala Sitharaman said the government is proposing to hand-hold farmers and reiterated the promise to double farmers’ income by 2022.

The finance minister began her speech by speaking about one of the BJP-led government's key economic decisions and thanking former finance minister Arun Jaitley for being the brains behind i

The GST collection is in line with the target set by Revenue Secretary Ajay Bhushan Pandey after a high-level meeting with senior tax officials earlier this month.