The levy has also been removed on low cost houses up to a carpet area of 60 square metres in a housing project under any housing scheme of the state government.
Sources said valuation of all these assets was an ongoing process, and the mode and manner of disposal would be decided on a case-by-case basis
The early tabling of the financial Budget ends a 70-year tradition.
A query has been raised about the "missing" Rs 1.7 trillion fiscal hole in India's financial accounts. This is so because the Budget uses the revised estimates, a projection of how much the government was expected to earn, while the Economic Survey uses the first actual numbers.
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
In absolute terms, the outstanding book value of NPAs of LIC in the debt portfolio across life, pension and unit-linked funds is to the tune of Rs 32,685.39 crore at the end of December 2019.
Union Ministers Smriti Irani and D V Sadananda Gowda have been dropped from Inter-State Council, official sources said on Wednesday.
The fiscal deficit in current fiscal has been estimated at 3.9%.
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The Covid pandemic has left a question mark on how the central government manages its staff.
The finance minister said the economy had been slowing.
The speaker said she was ready to start the debate right away if the House agreed. The debate has been listed in Monday's list of business under Rule 193.
Opportunistic face of SP has come before the people: Yogi Adityanth.
A top Home Ministry official said no note has been prepared yet to be placed before tomorrow's scheduled meeting of the Cabinet to be chaired by Prime Minister Manmohan Singh.
Two months ago, May 2, Major Anuj Sood made the supreme sacrifice for the motherland in a hostage-rescue mission in J&K. As his grieving family grapples with their immense loss, they graciously share memories of the young major -- a husband, brother and son -- whose only calling was the fauj.
The Lok Sabha has already passed the Bill.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
NBFCs are mainly dependent on funding their operation from their own cash flows.
While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.
Anand Sharma said the PM 'does not have humility' and has not indicated that he will reflect and correct the course by either withdrawing his words 'insulting' Indira Gandhi based upon a 'fabricated report'.
As per a PMO statement, Modi told the investors that "he believes in a fair, predictable and consistent tax system
The Food Security Bill, the Land Acquisition Bill and the Aadhar card could bring electoral dividends to the government as it tries to hard to woo the poor, reports Renu Mittal
It is best to invest long-term surplus in stocks or equity mutual funds.
The Union Government will invest Rs 2000 crore (Rs 20 billion) for making Mumbai airport into a world class one, Union Civil Aviation Minister Syed Shahnawaz Hussain said in Mumbai. \n\n
Following the Budget being announced by Finance Minister Arun Jaitley, leaders across the political spectrum provided their views.
'Every Finance Commission creates its winners and losers' point out T N Ninan.
Pranab Mukherjee's speech was so boring that half of the Treasury benches were found napping. Newsmen peeped from the Press Gallery to see the mood of the MPs.
Mamata Banerjee was on Friday sworn in as the chief minister of West Bengal for the second consecutive time, heading a 42-member ministry.
The BJP said it is legal with adequate safeguards and in the interest of national security..
The Telangana Bill will not come up in the Rajya Sabha on Tuesday with the House secretariat on Monday seeking clarifications from the Union law ministry over whether or not it is a money bill.
Rahul Gandhi stressed the importance of an electoral understanding in UP if the BJP is to be defeated in the Lok Sabha polls.
For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
India's current account deficit (CAD) will be contained at USD 45 billion this financial year, well below the record high level of 2012-13, Finance Minister P Chidambaram said on Monday.
'After the creation of Telangana, Andhra Pradesh has been left as an agrarian state.' 'Therefore, the special category status to this residual state was imminent and necessary for its development,' YSR Congress MP V Vijayasai Reddy explained in the Rajya Sabha.
The government introduced the 122nd Constitution amendment Bill.
Following several instances of poor drafting of Cabinet notes and bills in the recent past, on September 11, the Cabinet Secretariat wrote to all ministries and departments to read up paragraph 55 of the 'Handbook of Writing Cabinet Notes'. Archis Mohan reports.
Tamil Nadu, which boasted of as many as nine ministers in the UPA-II government in 2009, did not get any representation in Modi 2.0 government.
The extra borrowing implies Jaitley will have extra spending space in the Union Budget for FY19, the last full one before the 2019 general election
The United States and European Union have slapped tougher and "wide-ranging" sanctions on Russia, targeting its energy, finance and defence sectors for its continued support of separatists in Ukraine.
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