Attired in his trademark half sleeves kurta and sporting a Rajasthani turban, Prime Minister Narendra Modi devoted a bulk of his 90-minute address on the occasion of the 70th Independence Day to presenting in effect a report card of his government's work particularly in boosting economic growth, ease of doing business and welfare schemes for the poor and farmers.
'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'
In a Q&A with Doordarshan, Jaitley discusses how he chose the areas on which he would spend more.
'The number of STRs received in 2016-17 is 4,73,006 which is more than four times as compared to 2015-16 and this increase is attributed to demonetisaton exercise...,' the Financial Intelligence Unit's report has said.
Few options that can help you plan taxes wisely.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.
The limit under the Liberalized Remittance Scheme (that was earlier $200,000 and now brought down to $75,000) is applicable per person per financial year.
Pawan Kumar, organising secretary of the Bharatiya Mazdoor Sangh (BMS) affiliated to the Rashtriya Swayamsevak Sangh (RSS), tells Aditi Phadnis it will join forces with other trade unions if necessary to oppose the Employees' Provident Fund Organisation (EPFO) provisions in the Union Budget.
'In their over-enthusiasm to clean up the system, both the banks and the regulator should not forget that the key to the insolvency law is revival of companies -- recovery of bank dues is an offshoot of that,' points out Tamal Bandyopadhyay.
Ahead of CJI Dipak Misra's final day as the head of the judiciary of India, here's a look at the key judgments that he was a part of.
The biggest disappointment was the compromise on the promised corporate tax reduction path.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
The general masses have high expectations from the Budget.
Most farmers depend on rainwater for farming.
Payment banks may not be viable option to attain financial inclusion.
Considering that all sides to the game feel being targeted by the BJP-ruled Centre through taxmen and their ED/CBI counterparts, both factions may not rule out the possibility of patching up after a time, says N Sathiya Moorthy.
'I have tutored my family and myself to fight hunger,' the former agent for the disgraced Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office are based in Bengal!
The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
Re-instatement of 5% custom duty on crude imports will help.
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
The NSE and BSE made Rs 965.5 crore (Rs 9.65 billion) and Rs 135.2 crore (Rs 1.35 billion), respectively, in profits for FY14.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
Education, jobs, health and more: Experts share their wishlist.
With the Maharashtra government doling out pieces of the lush green Aarey forest to various utilities, the tribals living in it for generations are feeling increasingly insecure. Hepzi Anthony reports.
Chhattisgarh, popularly known as the rice bowl of central India, is witnessing politics over the foodgrain with ruling the Bharatiya Janata Party and main opposition the Congress trying to attract voters through it.
The Congress has never given India a PM who was a prisoner of his or her own image, said Rahul Gandhi at the party's MPs' meet.
Here's what celebrities had to say about Arun Jaitley's Budget.
Sandeep Shanbhag offers tips on post Budget taxation rates.
'In the coming months, expect more government action that will be packaged as an assault on black money,' warns A K Bhattacharya.
The staggered increase in kerosene rate may not have the same impact of freeing up the fuel price as for diesel.
Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.
Even as an enthused AIADMK cadre celebrate their Amma's return, if the Supreme Court stays the Karnataka high court judgment in the disproportionate assets case, Jayalalithaa may once again lose her chief ministership. R Ramasubramanian reports from Chennai.
'Having learnt her lesson in popular democracy, Jaya would become more populist than the DMK and more so than the imagery that mentor MGR had created in the Tamil voter's mind, both as an individual and as an elected ruler.'
While Sahara maintains it has already repaid more than 93 per cent of the outstanding dues directly to the concerned bondholders and the remaining amount was just about Rs 2,500 crore (Rs 25 billion), it deposited Rs 5,120 crore (Rs 51.2 billion) to Sebi in December 2012 towards the investor refunds as per Supreme Court orders.
Here's the full text of Prime Minister Narendra Modi's address to the nation where he announced the demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight on November 8-9.
His recent walkout from Chief Justice Dipak Misra's court earned him critics in courts. 'Yet, even the senior-most judges give him the respect that he deserves.'
People elected me to fight corruption, I'm doing what they told me to do, Modi said.
A glance back at some important events that occurred in 2018.
'No right thinking student of politics can name one state where the BJP gains in double digits.'
