Room for rise of up to 2 percentage points, move to help meet higher expenditure need in FY17
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
'The Opposition has no option but to make it an 'All versus One' fight to even think about winning.'
The Budget decides to take the lead in revving up infrastructure.
Sandeep Shanbhag offers tips on post Budget taxation rates.
As for structural reform, there are signs if one looks hard enough.
Jaitley has managed the difficult feat of sticking to the fiscal correction.
The government has taken a number of steps to address the situation faced by farmers.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
'The defence minister should concentrate on acquiring a bigger stick, rather than brag of using terrorists as State policy.'
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
Park only savings that need not be touched for many years, says Devangshu Datta.
There are significant differences in the scope, jurisdiction, functions and personnel requirements of RPF and GRP.
The party desperately needs another state where, unfettered by the Centre, it can fly its flag.
'It's not as if power demand is falling. It's that generation has outpaced demand.'
Many exemptions make little sense, such as a monthly exemption of Rs 100 for college education and Rs 300 for hostel fees.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Nine hundred and forty-seven people are said to have died in grief after J Jayalalithaa's demise on December 5. But how true is this claim?
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
Enhanced revenue generation is a priority for the government.
Parth Gupta quit a good corporate job to work for the welfare of farmers in rural Madhya Pradesh.
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
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.
Modi's name sparks muted enthusiasm, scepticism among youth; people expect better development pace from the prime minister
The remarkable feature of those reforms unveiled in 1991 is that none of those decisions has been disowned by subsequent governments in the last 25 years.
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
Sanjeev Nayar offers some ideas on how Indians can help in improving the lives of those living in border areas and in the process help the Indian Army.
Even as there is a strong anti-incumbency mood in Punjab, the multi-cornered contest has made the 2017 assembly polls prediction more difficult.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.
'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.'
If new goals have emerged, this is the time to make fresh investments.
Narendra Modi and his government should look at the emerging geo-politics realistically and not get sucked into having to make a choice between China and Japan. India has enough economic space for both, says Mohan Guruswamy.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
China's economy is in transition, with rising wage costs and massive overcapacity.
Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.
Despite criticism of a lack of transparency and communication from the Modi-led government, BJP leaders point to "good beginnings" on several fronts to defend its performance. Sheela Bhatt/Rediff.com reports.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
'This has to be seen in the context not only of the legacy we inherited, but also of global economic weakness.'
'If after inheriting the very bad situation we have reached this level despite consecutive years of drought and no growth in the world economy, it is no accident.' 'It is a result of the sound macro economic policies followed by this government.' 'We have eschewed populism and stuck to a path of fiscal prudence.'
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