Sun, Nov 26, 2023
The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.
The Minister of State for Science and Technology & Atomic Energy and Space (Independent Charge) said that some foreign agencies like the AKD have predicted that this figure could even go up to USD 100 billion by 2040.
Sat, Nov 25, 2023
Germany's economy shrank in recent months and business confidence is still in the dumps, according to figures, while the government is struggling to overcome a budget crisis that threatens to exacerbate problems in what was already the world's worst-performing major developed economy.
Mon, Feb 03, 2020
The government has estimated India's gross domestic product (GDP) to be growing at a slower pace of 5 per cent in the current financial year on the back of various factors, domestic and global, including weakening consumption demand in the country.
"Besides, we have seen certain signs - in the last few months - related to good news like IIP among others. These are certain things that suggest that the trend will change. Therefore, we have projected the growth between 6% and 6.50% not some unrealistic 7.50% or more," Krishnamurthy Subramanian, Chief Economic Advisor of India said in an interview with Zee Business
Small savings scheme interest rate: Department of Economic Affairs Secretary Atanu Chakraborty has hinted at revision in small savings rate next quarter, in line with market rate, a development that could lead to speedier transmission of monetary policy rate. During the current quarter, the gover
Taxpayers having an annual salary pay of over Rs 13 lakh and availing deductions of up to Rs 2 lakh will save on their tax outgo if they opt for the new tax regime proposed in the Budget, government sources said on Sunday
Sun, Feb 02, 2020
This budget gives a good larger picture, which talks about larger sectors like rural development and agriculture. Now, I am not giving a budget, sector-wise. If the economy, its consumption, investment are all driven through the government investment, government's direct benefit transfer (DBT), reduction in income tax, cut in corporate tax, then I expect that the impact to be in every sector of the society
Budget 2020: Finance Minister Nirmala Sitharaman on Saturday presented the first budget of Modi 2.0. Zee Business' Managing Editor Anil Singhvi in a special edition of famous show DNA with Editor-In-Chief of Zee News, Zee Business and WION, Sudhir Chaudhary, explained what he thinks about the Budget 2020.
What will be the government's income and its expenses? Zee Business Online explains in a simple way
The Budget is a budget for the 'New Decade' for 'New India'. It is a budget for the creation of a strong $5 trillion economy by 2025. Rs103 lakh crore will be invested in infrastructure creation, which is not small in itself. Rs3 lakh crore has been allocated for Ministry of Agriculture & Farmers' Welfare and Ministry of Rural Development. Rs1.76 lakh crore will be provided to the transport sector, Anurag Thakur, Minister for State for Finance says
Sat, Feb 01, 2020
Budget 2020: Government has made changes in the income tax slabs. There are certain benefits, but certain conditions apply on how these changes in income tax slabs will impact taxpayers. What choices does the taxpayer have? Our experts give detailed view on Zee Business Money Guru show:
Finance Minister Nirmala Sitharaman presented a balanced budget on Saturday afternoon, announcing cuts in personal income tax, extending tax benefits for affordable housing and giving relief to companies on payment of dividend in the Union Budget for 2020-21 as the government looked to boost consumption
Budget 2020: Finance Minister Nirmala Sitharaman has announced the Railways will run 150 private trains on a public-private-partnership (PPP). The government will be linking various tourist spots by running Tejas Express, the finance minister said
Budget 2020: The government has made changes in the income tax slabs. The change in income tax slabs has been brought with some conditions. The taxpayers have the option to stick to the current scheme or switch to the new one introduced in the budget
Budget 2020: FM Nirmala Sitharaman has tried to reach out to each and every section of society.
Also, consequential amendments are being proposed in section 197 (for lower TDS), in section 204 (to define person responsible for paying any sum) and in section 206AA (to provide for tax deduction at 5 per cent in non-PAN/Aadhaar cases).
Budget 2020: In her Budget speech, FM Nirmala Sitharaman had some good news for homebuyers. She said, "For affordable housing, I had announced an additional deduction of up to Rs 1.5 lakh for interest paid on loans taken for purchasing affordable houses. The deduction was allowed on housing loans sanctioned on or before 31st March 2020."
The ministry launched Government e-Marketplace (GeM), an online platform for public procurement, in August 2016 with the objective of creating an open and transparent procurement platform for government departments.
Balanced use of fertilizers: She said, there is a need to encourage a balanced use of fertilizers and this is a necessary step to change the prevailing incentive regime which promotes chemical fertilisers.
Budget 2020: Aadhaar-based verification "Will help in weeding out dummy or non-existent units. Dynamic QR code proposed for consumer invoices. GST parameters will be captured when payment for purchases is made through QR code," Finance Minister Nirmala Sitharaman said during her budget speech
Income tax slabs Budget 2020: In a big relief for income tax payers, Finance Minister Nirmala Sitharaman on Saturday introduced new slabs and reduced the tax rate! This applies to different slabs for an income of up to Rs 15 lakh per annum.
India should be a preferred destination for education - Study in India, the Finance Minister said while presenting the Budget 2020. National Police University, National Forensic Science University to be established.
Caption: Budget 2020: Finance Minister Nirmala Sitharaman presentation the Union Budget on Saturday
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