Under the revamped new tax regime, no tax would be levied for income up to Rs 3 lakh. Income between Rs 3-6 lakh would be taxed at 5 per cent; Rs 6-9 lakh at 10 per cent, Rs 9-12 lakh at 15 per cent, Rs 12-15 lakh at 20 per...
Speaking at the Raisina Dialogue, the minister said that the country will have government-owned professionally run companies in four broad strategic sectors
The Budget for the fiscal year starting April (2023-24) also provides impetus to green growth, healthcare and keeping the economic engine running with record capital spending, she said.
As per the amendments proposed in the Finance Bill 2023,Lok Sabha on Friday, benches of the GST Appellate Tribunal would be set up in every state while there will be a principal bench in Delhi which will hear appeals related...
An Income-tax calculator is an online tool that helps to evaluate taxes based on a person’s income based on Union Budget 2023-24 announcement
Union Budget 2023-24 has given a boost to the fund-starved sector with higher credit flow and by simplifying compliances
While moving the Finance Bill 2023 in the Lok Sabha for consideration and passage, the minister also said the RBI will look into the issues related to credit cards payments for foreign tours not being captured under...
Finance Minister interpreted Budget 2023 with conversations pertaining to the government’s policies and priorities in this budget, highlighting green energy, infrastructure, the digital economy, and skilling the workforce,...
Lab grown diamonds are eco-friendly diamonds that are absolutely real, but at the same time planet friendly because they are not mined but instead grown above...
The CBDT chief said the board will "divert" manpower from its present cadre to man the 100 posts of joint commissioner for this purpose
This year the budget has given priority to farming sector and adoption of sustainable technologies
Concerns of the seed industry have not been addressed in the Budget but it has many other positive announcements for agriculture in general, Federation of Seed...
According to the Budget papers, Rs 35,581.44 crore has been allocated to Jammu and Kashmir, of which Rs 33,923 crore is central assistance
A Urban Infrastructure Development Fund (UIDF) will be set up to ramp up infrastructure in tier-2 and tier-3 cities with an annual allocation of Rs 10,000...
Also, 20 per cent TCS will be applicable in cases where funds in excess of Rs 7 lakh are sent out of India under the Liberalised Remittance Scheme of the RBI
Presenting the Budget for 2023-24, she said replacing old polluting vehicles is an important part of greening the economy
For energy transition, she told the House that this budget provides for Rs 35,000 crore for priority capital investment towards energy transition and net zero...
The campaign will be coordinated by senior BJP leader Sushil Modi and conclude on February 12, they said.
These suggestions will prepare India adequately to meet the challenging global economic environment, it said
Their capital adequacy ratio is much above the regulatory requirement and varies between 14-20 per cent
The finance ministry said it is several steps to keep up with the changing times in the insurance industry. Read on to know more.
On Wednesday, police said a statue of B R Ambedkar was damaged by unidentified persons at a village in Uttar Pradesh's Prayagraj district.
The meeting was scheduled to be chaired by Finance Minister Nirmala Sitharaman, but she could not attend due to some other pressing engagement
The Finance Ministry said the Centre has already released eight months of GST compensation dues to the states for the fiscal ended March 2022 and Rs 78,704...
A notification allotting portfolios to the eight MLAs of BJP, who took oath on Mach 28 along with Sawant, was issued on Sunday.