Diabytes
Budget 2016 News
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Finance Ministry is gearing up to present the Budget for next fiscal around February 1, advancing the scheduled date by a month so as to complete the entire process by March 31, and preparations for it are "very much under control", says a top official.
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The GDP might be ‘climbing,’ but so are the grain prices; even fuel rates are going through the roof and it’s now time for car buyers to bear the brunt of the Modi government’s policies, again.
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Know the list of items that will turn costlier from June 1.
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Disclosures made in the 4-month compliance window beginning June 1 for domestic black money holders to come clean will be kept secret, according to an amendment to the Finance Bill 2016 approved by the Lok Sabha.
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Already the fastest growing major economy in the world, India can grow at an even faster pace this year if predictions of good monsoon hold up, Finance Minister Arun Jaitley said Thursday.
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The Lok Sabha on Thursday passed the Finance Bill, 2016 by a voice vote.
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Cost optimisation efforts of the Indian Railways will be under pressure this financial year due to implementation of the Seventh Pay Commission recommendations
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Jewellers in the national capital on Wednesday temporarily called off their 42-day strike, demanding rollback of proposed excise duty on non-silver jewellery, for 12 days after the government's assurance that there will be no harassment by excise officials.
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The festival of Gudi Padwa lost some sheen as jewellers' strike stretched for another day demanding rollback of one percent excise duty on non-silver jewellery.
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Jewellers, bullion traders and artisans in several parts of the country continued their indefinite strike today demanding rollback of 1 percent excise duty on non-silver jewellery.
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The strike against one percent excise duty on non-silver jewellery continued for another day despite huge losses to the industry traders.
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The new income tax return form requiring assessees earning more than Rs 50 lakh per annum to disclose assets will only impact 1.5 lakh ultra-rich individuals, the Revenue Department said on Friday.
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Jewellers and bullion traders showed no signs of backing down in their protest against imposition of excise levy as the strike entered the 31st day Friday, with many keeping their shops shut demanding withdrawal of the budgetary proposal.
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The move is part of a new and simplified measure announced by Finance Minister Arun Jaitley while presenting the Budget for 2016-17.
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A large number of gold and jewellery establishments remained shuttered today as traders continued their strike to protest the Budget proposal to levy one percent excise duty on non-silver jewellery.
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Deputy Chief Minister Manish Sisodia will table the Delhi Budget tomorrow where education along with health and transport is likely to get major allocation.
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Come April and you will see some changes in personal finances as you will be entering a new fiscal year (2016-17) and hence new budgetary provisions will govern you
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Many jewellery houses in the country including in Delhi are closed since March 2 after Finance Minister Arun Jaitley announced one percent excise duty on non-silver jewellery in the Budget.
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From July, government employees will get increased salary recommended by 7th Pay Commission along with six months'arrear.
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