New Delhi: The Department of Atomic Energy has seen a dip of Rs 40 crore in its monetary allocation in the annual Budget presented on Friday. Finance Minister Nirmala Sitharaman on Friday also announced waving the custom duty for nuclear power and parts required for building eight indigenous atomic power plants. In 2018-19, the DAE […]
With an objective of ‘Housing for All,’ this years’ budget has come as a blessing for middle class homebuyers, who will get enhanced interest deduction up to Rs 3.5 lakh. Union Finance Minister Nirmala Sitharaman presenting the Budget in the Parliament proposed to allow for an additional deduction of up to Rs 1.5 lakh for […]
New Delhi: The Union Budget has “unnecessarily defensive strokes, drop catches and quite a few no balls”, Congress leader Shashi Tharoor said in Lok Sabha on Monday, slamming the government for allegedly not addressing key issues facing the economy, including farm distress, and raising fuel prices. Tharoor, who was initiating discussion on the Union Budget […]
New Delhi: The expensive gift that you kept for your overseas cousin or friend may attract tax from this year with the Budget 2019-20 proposing to impose withholding tax all such transfers, plugging an earlier loophole that allowed its tax- free treatment. The Finance Bill 2019 has imposed tax on any sum of money paid […]
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