Things to look forward to in 2016

Perhaps the greatest expectation which 2015 brought to most of Indians was that Team India, led by Captain Cool Dhoni, will succeed in retaining the Cricket World Cup. However, despite a good......

EV makers urge Sitharaman to rejig rules to boost sales

In a letter to the finance minister, the industry body of electric vehicle makers also called for a notional 'green cess' on polluting vehicles and use it to accelerate electric mobility, while......

Sitharaman cuts corporate tax to China's level, 'historic' says PM

In the biggest reduction in 28 years, the government on Friday slashed corporate tax by almost 10 percentage points as it looked to pull the economy out of a six-year low growth and a 45-year high......

Govt to mop up Rs 3.02 trn from cess, surcharges

The 14th Finance Commission had recommended that states’ share in the divisible tax pool be raised to 42 per cent, from 32 per cent earlier. The Centre expects to collect a staggering Rs......

Highlights of the Union Budget 2018-19

Finance Minister Arun Jaitley presents the Budget for 2018-19 in Parliament on Thursday. Illustration: Uttam Ghosh/Rediff.com Following are the highlights of his speech: No change in personal......