Business
India 6th Wealthiest Country With Total Wealth of $8,230 Billion: Report
According to a report by New World Wealth, the United States is the wealthiest country in the world as the total wealth held in 2017 amounted to USD 64,584 billion, followed by China at the second place with USD 24,803 billion and Japan with USD 19,522 bi...
Union Budget 2018 | Salaried Class Expects Higher Tax Deductions
In a country with unequal wealth, things like social security, healthcare and insurance need to be secured with the help of tax laws. Changes are needed in tax deductions on medical insurance and the National Pension Scheme, a move which will encourage in...
Economic Survey Bats for Replacing Subsidies with Direct Income Support in the Farm Sector
“Minimising susceptibility to climate change requires drastically extending irrigation via efficient drip and sprinkler technologies and replacing untargeted subsidies in power and fertilizer by direct income support,” said the report.
Analysis | Economic Survey Paints Rosy Image of Economy, But Also Points to Trouble Lying Ahead
The doomsday predictions by the opposition of huge decline in economic growth, large scale joblessness and scary price rise – none of these seem to have come true, according to the Economic Survey.
India's 69th Republic Day Parade Associates Patriotism With Paying Taxes
The parade which has traditionally been a display of the country's military might and cultural diversity took cognizance of the government's effort in flushing out non-taxed currency.
FMCG Cos Expect Union Budget 2018 to Focus on Food Processing, Rural Area
To be unveiled on February 1, the budget would be the last full Budget of the present NDA government. The companies are pinning hopes on a budget that focuses on the revival of consumer confidence, especially in the rural markets.
What if Baba Ramdev's Patanjali Was Not an NGO And Paid Corporate Tax?
Founded in 2006, Haridwar-based Patanjali Ayurved clocked an annual revenue of Rs 10,561 crore in the financial year end of March 2017. Revenue registered for the financial year 2015-16 was Rs 5,000 crore and Rs 2,007 for the fiscal before that.
India Ranks Below China, Pakistan on Inclusive Development Index
Despite its low overall score, India is among the 10 emerging economies with 'advancing' trend. Only two advanced economies have shown 'advancing' trend.
Trying to Bring Petrol, Diesel Under GST: Union Oil Minister Dharmendra Pradhan
"We are trying that petrol, diesel and kerosene should also come under the ambit of GST. We are hopeful that the GST Council will agree to it shortly," the Petroleum and Natural Gas Minister told reporters in Ujjain.
Commerce Ministry for Removal of Sunset Clause for SEZs
In a letter to the finance ministry, the department of commerce has also asked for removal of minimum alternate tax on SEZs.
SEBI to Accept Only Online Filing of Records from April 1
The regulator also asked those merchant bankers and recognised stock exchanges which are required to file offer documents and draft scheme of arrangement in physical form, to simultaneously submit the same online through SEBI intermediary portal.
How to Save for a World Trip? 5 Smart Saving Ideas for Globetrotters!
Here are five smart saving tips if you wish to quench your wanderlust anytime soon
FY'19 Growth at 7.1%, Budget Unlikely to be Populist: Ind-Ra
The 7.1 per cent gross domestic product (GDP) growth projected for 2018-19 is a tad lower than the forecast of 7.3 per cent and 7.4 per cent by the Asian Development Bank (ADB) and International Monetary Fund (IMF), respectively.
Bitcoin Jolted by Regulation Worries, Tumbles 11 Per cent on Extended Sell-off
The price of the world's biggest and best known cryptocurrency fell to as low as $10,065 on the Luxembourg-based Bitstamp exchange, a six-week low and close to half the peak price of almost $20,000 it reached in December.
Five Easy Tricks to Ensure that you Pay Minimum Tax on Your Hard-Earned Income
With proper Tax planning individuals can ensure that they pay minimum tax on their hard-earned money.
Rupee Spurts 23 Paise Against Dollar in Early Trade
The rupee opened strong at 63.45 at the interbank forex market against previous close of 63.63 per dollar as stocks soared to record levels after strong economic data.