The number of poor people travelling by train has followed a similar trend since 2011.
Import growth moderated to a four-month low, owing to sharp decline in that of gold.
As in the past, it is up to the merchants to decide if they will bear the burden of the charge or bill it to the customers. Subhomoy Bhattacharjee reports.
A digital economy can only work with uninterrupted electricity supply. So, states now face the unpleasant task of telling their citizens that electricity rates need to be hiked. Subhomoy Bhattacharjee reports.
Whether or not such an overhaul will be carried out depends on the government's comfort level.
Downloading songs, movies, books? You may have to pay tax on it.
Exemption limits, standard deduction on radar.
In 2014-2015 the I-T department put up 669 cases for prosecution. The charges stuck in only 34 cases: Just 5%. It was no exceptional year -- the story broadly follows the script every year.
An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.
Watal panel had suggested an independent payments regulator be set up.
Financial Intelligence Unit data show many of these societies have become the biggest draw for laundering money. Subhomoy Bhattacharjee reports.
'Investigation directorates have intensified actions in detecting serious irregularities.' 'They are seriously handicapped because of non-availability of manpower.'
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
The I-T department will rely on data analytical tools and run models to separate black money holders and genuine taxpayers based on the large data base being shared by banks.
Adjusted for inflation, the earlier scheme would have collected Rs 25,000 crore.
Consensus seems a problem before the current session of Parliament ends.
It was found the declarants were persons of suspicious nature and very small means, and the declarations could have been misused.
Measures may include tax slab and rate revisions for individuals, companies.
A year's print run has been shortened to 5 months.
The onus to explain that the gold jewellery was inherited or bought from known sources of income would be on the owner.