Arup Roychoudhury And Abhishek Waghmare

Stories by Arup Roychoudhury And Abhishek Waghmare

Interim Budget: Cheers for taxpayers likely

Interim Budget: Cheers for taxpayers likely

Rediff.com   28 Jan 2019

The finance minister is likely to announce the government's vision for a tax-friendly regime by raising the I-T exemption limit from the current Rs 250,000 per annum.

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Rediff.com   25 Jan 2019

Goyal is expected to discuss the targets for the banks for 2019-20, as well as priority sector lending, recovery on non-performing assets, and the bankruptcy proceedings of various companies, which owe money to the banks.

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Rediff.com   19 Jan 2019

'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'

Budget content would be decided by economic realities: Jaitley

Budget content would be decided by economic realities: Jaitley

Rediff.com   18 Jan 2019

Jaitley also hinted that these very economic realities could decide whether the government sticks to a fiscal consolidation roadmap or not.

I-T returns can now be processed in just 1 day

I-T returns can now be processed in just 1 day

Rediff.com   17 Jan 2019

Under the new system, Infosys will handle end-to-end solution - from e-filing to return assessment to refund processing. The new portal is also expected to process the refunds within one day of filing of tax returns, in huge relief for taxpayers.

Jaitley may return on Jan 25, Budget on schedule

Jaitley may return on Jan 25, Budget on schedule

Rediff.com   17 Jan 2019

The 66-year-old finance minister underwent a successful kidney transplant surgery in mid-May and was on leave since April due to kidney-related problems and chest infection.

Govt seeks Rs 23,100 cr interim dividend from RBI by March 31

Govt seeks Rs 23,100 cr interim dividend from RBI by March 31

Rediff.com   8 Jan 2019

This amount will include Rs 13,100 crore that Economic Affairs Secretary Subhash Garg has been publicly seeking from the central bank's contingency reserve fund since 2017-18 (FY18).

What to expect from Budget 2019

What to expect from Budget 2019

Rediff.com   7 Jan 2019

The losses in state elections in Rajasthan, Madhya Pradesh, and Chhattisgarh have put the ruling party under pressure to announce swift measures aimed at addressing rural distress and lack of employment.

Does pan-India launch of Rythu Bandhu scheme make sense?

Does pan-India launch of Rythu Bandhu scheme make sense?

Rediff.com   4 Jan 2019

Telangana govt currently provides the state's 5.83 million farmers an income support of Rs 4,000 per acre per season, irrespective of the size of their land holding

From BJP's 3-0 loss to oil at $86.29, 12 numbers that defined 2018

From BJP's 3-0 loss to oil at $86.29, 12 numbers that defined 2018

Rediff.com   28 Dec 2018

If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.

What is compensation cess and how will it help govt cuts fiscal deficit?

What is compensation cess and how will it help govt cuts fiscal deficit?

Rediff.com   27 Dec 2018

The Centre has projected reining in its fiscal deficit at 3.3 per cent of GDP in FY19.

Will the Modi govt get its divestment maths correct?

Will the Modi govt get its divestment maths correct?

Rediff.com   26 Dec 2018

A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.

The poison that's 'KILLING' Delhi's citizens

The poison that's 'KILLING' Delhi's citizens

Rediff.com   18 Dec 2018

In terms of disability adjusted life years, an average person in Delhi lost a healthy week of their life in 2017, and almost all of it due to outdoor air pollution.

13 economists laud Telangana's cash support for farmers, red-flag loan waivers

13 economists laud Telangana's cash support for farmers, red-flag loan waivers

Rediff.com   15 Dec 2018

13 eminent economists, including former RBI governor Raghuram Rajan and current International Monetary Fund Chief Economist Gita Gopinath, in a report have asked the political establishment not to resort to populist tricks.

'India is still fastest growing large economy'

'India is still fastest growing large economy'

Rediff.com   14 Dec 2018

'A growth of above 7 per cent when the fundamentals of the economy are becoming stronger still makes India the fastest growing large economy.'

The price of victory for the Congress

The price of victory for the Congress

Rediff.com   12 Dec 2018

The new governments will have to spend much more than Rs 220 billion in Rajasthan, more than Rs 160 billion in MP, and nearly Rs 30 billion in Chhattisgarh.

Did Jaitley have prior knowledge of Urjit Patel's decision?

Did Jaitley have prior knowledge of Urjit Patel's decision?

Rediff.com   11 Dec 2018

Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation

EXPLAINED! 'Back series' of GDP and more

EXPLAINED! 'Back series' of GDP and more

Rediff.com   7 Dec 2018

The GDP always has a base year, which defines the composition of the economy in that year. As the composition changes, the base year needs to be revised regularly. Abhishek Waghmare explains how that is done.

Soon, filing income tax returns may get easier

Soon, filing income tax returns may get easier

Rediff.com   5 Dec 2018

The forms might soon come "pre-filled" and taxpayers won't have to fill details such as income, income sources, and personal details

Modi's favourite babu returns to Gujarat

Modi's favourite babu returns to Gujarat

Rediff.com   3 Dec 2018

Finance Minister Arun Jaitley revealed that the government wanted to give Hasmukh Adhia a post-retirement role, but Dr Adhia said he would not work for a single day after November 30.