Budget

COVID surge, vaccine shortages spread beyond India’s borders

Telangana budget session from March 6

11:05 pm February 29, 2020

Hyderabad: The budget session of the Telangana Legislative Assembly would begin on March 6, during which the House is expected to pass a resolution against the Citizenship Amendment Act (CAA). Governor Tamilisai Soundararajan issued notification on Saturday summoning the Legislative Assembly and Legislative Council to meet at 11 AM on March 6. Besides the presentation […]

Budget 2020 has both vision and action: PM Modi

8:05 pm February 1, 2020

New Delhi: Asserting that the Union Budget will give push to the economy, Prime Minister Narendra Modi on Saturday listed out various reforms announced in it and said the document has both “vision and action”. Reforms announced in the Budget will push employment in the country and help in doubling farmers’ income, the prime minister […]

All eyes on Sitharaman’s second Budget for tax relief

2:05 pm January 1, 2020

New Delhi: The common man has his eyes set on Finance Minister Nirmala Sitharaman’s second Budget next month for relief in income tax, but an economic slowdown and a sharp reduction in corporate tax rates hint that she has very little flexibility to dole out a big largesse. Facing flak for not doing enough to […]

EDMC launches Property Tax Amnesty Scheme with 100% waiver of interest, penalty

EDMC proposes three new taxes; expects additional revenue of Rs 30 cr

8:49 pm November 19, 2019

New Delhi: The East Delhi Municipal Corporation (EDMC) in its budget presented on Tuesday for the year 2020-2021, proposed three new taxes including professional tax, education cess and betterment tax expecting additional Rs 30 crore from these sources. It proposed professional tax for those earning more than 5 lakhs a year @Rs.100 pm and Rs.200 […]

Rupee settles 14 paise down at 71.02 against dollar

8:56 pm October 7, 2019

Mumbai: The rupee depreciated by 14 paise to close at 71.02 against the US dollar on Monday as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy. Forex traders said market sentiment remained fragile ahead of the US-China trade meeting. Besides, rising crude oil prices also weighed on the domestic unit. […]