Under the proposed scheme, a taxpayer would be required to pay only the amount of the disputed taxes and will get complete waiver of interest and penalty provided he pays by March 31, 2020.
The consumer price index-based retail inflation spiked to over five-year high of 7.35 per cent in December 2019.
The government proposes to sell a part of its holding in LIC through initial public offer, Finance Minister Nirmala Sitharaman said while unveiling Budget 2020-21
In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1
On the day of 2019 Union Budget presentation, Sitharaman broke away from long-standing traditions of colonial-era when she ditched the briefcase and opted for traditional bahi khata
Survey lessons like exports' importance for growth and jobs, how govt intervention in markets can be harmful, and wealth creation via privatisation should have been imbibed long ago, writes T N Ninan
Here's what to expect in the budget on Saturday or by way of policy pronouncements subsequent to the budget
In this podcast, Business Standard's Infrastructure Editor, Jyoti Mukul talks about the challenges of the infrastructure sector and its expectations from Budget 2020
Business Standard speaks to Tarun Birani, a Sebi-registered Investment Advisor, a Certified Financial Planner and Founder-Director of TBNG Capital Advisors
The roadmap, companies like JSW Energy and Adani Transport say, helps them decidedly lay down their own multi-year investment plans
Govt has modified circular that classified MFs as investment vehicles
The government has been quick to respond to the slowdown
The government's authority should not be totally compromised. For this, a stance of aggression mixed with caution has to be pursued
She also said that GST collection, which crossed Rs 1 lakh crore per month mark during the last two months, will remain "good" in coming days
Bhupender Yadav and Arun Singh, and party's spokesperson on economic affairs, Gopal Krishna Agarwal were among those who attended the meeting
Oil sank to the lowest level in a month after shedding all of its gains from the US-Iran clash
The Centre's mega-infrastructure plan may founder on a poor enabling environment as much as the availability of finance
The new provision is likely to come in Budget next month
Addressing industry representatives, Sitharaman said India's macro-economic indicators were on a solid footing
Industry bodies have demanded that income up to Rs 5 lakh should be exempt from tax for individual taxpayers from the current Rs 2.5 lakh to spur demand for goods and services.