Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
With the first salary date after demonetisation around the corner, will India's labourers be able to take their hard-earned wages home?
'Ex-servicemen engineers and technicians are true professionals worthy of being 'Make in India' agents. They can be trusted to bring long term dividends -- it is in their character to be long term loyalists!' says Air Marshal P V Athawale (Retd).
The more one thinks about it, the more difficult it is to see how India will be able to reap the benefits of a demographic dividend, says Aakar Patel.
The biggest surprise for customers, at the time of claiming, is the fact that they will get only depreciated value of the product.
The move is expected to create space for more budding entrepreneurs in the country to be eligible for self-certification, relaxed public procurement norms, rebate in patent filing, start-up funding, investment and easier closure compliance.
Japanese Prime Minister Shinzo Abe's $12-billion loan at an incredibly low interest rate may have trumped China's aim to enter the enormous Indian Railways market, notes A K Bhattacharya.
Why should Reliance Digital position itself as an alternative to Chadhaji's store? It simply doesn't make good business sense, says Sudhir Bisht.
'The Chinese mindset and approach to India is far different from that in Pakistan.' 'This reality makes it possible for us to follow an engagement policy with one, while militating against engagement with the other.'
The successful test firing of medium range surface-to-air missiles is welcome news for the IAF.
The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.
For an industry which saw sales shrinking in 2013-14, this is hope indeed.
SBI had a tough journey in the last 40 years.
In his first interview after taking over as Philips India's vice-chairman and managing director, Krishna Kumar speaks to Business Standard on how the company is readying itself for the next few decades and the increasing importance of India to Philips' global operations.
In the Financial year 2013-14 there were encouraging signs on the foreign trade front as India's trade deficit recorded a sharp fall.
Law minister Ravi Shankar Prasad believes governance finally on track. An exclusive chat with Rashme Sehgal.
Prices in most areas have been stagnant but some regions are showing reasonable appreciation.
A review of key pronouncements he made in his first Independence Day Speech on August 15, 2014.
Online shopping is the new buzzword amongst masses.
The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.
Bengaluru-based Creo offers an operating system that promises unique features and frequent updates.
At Rs 1.24 lakh, it's the most expensive scooter manufactured in the country but the 450 deserves every penny.
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
India must change approach and have better access to networks to fulfil its digitisation dream.
Don't hit the buy button as soon as you hear of the next BIG online sale this Diwali. Here are some very important lessons -- in the light of how some online shoppers felt cheated after Flipkart's 'Billion Day Sale' -- that could save you time, money and peace of mind, says Rajiv Raj!
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
Gujarat has topped with a score of 71.14% on ease of doing business list.
UAVs are an intrinsic part of today's technology driven battlefield. Indians don't seem to be taking the challenge with the degree of urgency that is required, says Brigadier S K Chatterji (retd).
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
If this Budget was not packaged and sold as a Budget for the poor and for farmers, Narendra Modi would have lost the next election.
Most expect the Budget to be path-breaking.
Satya Nadella is the highest-paid CEO in the US. So how do the other Indian-American executives fare?
Curbing the federal deficit is the government's absolute priority on February 28.
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
Alnoor Peermohamed reports on Apple's two-faced strategy to grow its base in India without compromising on premiumness.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
PS banks need to pull up their socks to improve cash flows.
As monsoon picks up, be ready to drive through water-logged areas and mushy roads. Since motor accidents typically see a rise during rains, motor claims also move up.
The 30-share Sensex ended 79 points lower at 26,909 and the 50-share Nifty closed 25 points lower at 8,102.
Boost to dairy sector will generate jobs
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