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.
A bench of Chief Justice Ranjan Gogoi and Justices L N Rao and Dinesh Maheshwari said it was only going into the aspect of security of the two women -- Bindu and Kanakadurga, and would not like to entertain any other prayer made in the petition.
Gone are the days of over-the-top Diwali parties, says Kishore Singh. This year round, the taxman is the invisible -- and unwanted -- guest at these once extravagant affairs.
In significant push towards a less-cash economy, Prime Minister Narendra Modi on Friday announced starting a biometric payment system using Aadhar platform within two weeks even as he exhorted citizens to adopt digital currency from the new year.
In an online chat with readers January 24, Rajeev Mahajan of Antworks answered queries on personal loans and peer to peer lending.
While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so themselves
India does not have a stringent privacy or data protection Act.
The proposed ban on cash transactions above Rs 3 lakh may hit luxury goods, jewellery sales and real estate.
Relaxation in KYC guidelines has helped meet the target but this could lead to money laundering and financial malfeasance, it is feared.
The RBI Governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.
Gleaning lessons from Amit Shah's compendium of Chanakya-isms, the Samajwadi Party is keeping its operations low-key and working on an inclusive strategy.
He challenged the Congress to select someone 'capable' as its president, who did not belong to 'that one family'.
One of the many contrasts that Kumar versus Nilekani highlights is that of a traditional career politician as against a highly successful professional entering politics for the first time. Rupa Subramanya reports
'Indrani said she had some things to discuss with Peter, which he digested with minor surprise.' 'He looked mildly dismayed. And refused to sit down next to her, in spite of her welcome.' In spite of months of wariness from Peter's side, the ice was broken.
'You don't want to admit that it is your wife in the video because she said you were arrested on Wednesday (August 19; Shyamvar Rai states he was arrested on August 21, a Friday).'
Cancer surgeon Dr Ramakant Deshpande answers the most crucial questions on the disease. And offers very important advice on ensuring yourself a healthy, everyday life.
'I kept photographs of everyone. Because I was working for them.' 'Madam, Saab...' Shyamvar Rai, the approver in the case, said in a tone that tried to suggest that that would be a routine practice for a driver.
In walked the scruffy band of pirates, without any swagger. Mostly tall or burly men, with weather beaten, resigned faces, the majority were dressed in track pants and tees; a few had skull caps. Some of their T-shirts had messages like 'I'm not in danger, I'm danger' or 'Long Beach California Surfer'.
Unified Payments Interface launched to simplify mobile banking.
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.
Godavari Dange, a school dropout who was widowed at the age of 19 is now changing the lives of farmers in her village and beyond.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
Priya Nair tells you how you can use technology to invest better and maximise returns.
Watal panel had suggested an independent payments regulator be set up.
Home-grown taxi booking companies which have a business model similar to Uber's might have stricter security norms imposed on them.
Paloma Sharma -- the only non-middle aged, non-canine member of the home -- on a Sunday spent at the bank.
Nilekani said new-age technology markets work on a winner-takes-all basis.
FBT was an unpopular tax and withdrawn before the General Elections in 2009
The applicant must have an operational savings bank account.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The assessment of PMJDY should be done within the context of the programme.
More than 3,000 squads under health and local self-government departments have started the process of cleaning houses and public places, official sources said.
Chief Minister Sarbananda Sonowal said the "historic day will remain etched in their memories forever".
It has been said that by 2025, India could become among the top five economies in the world. If India does become a $5 trillion economy but gets all its rivers polluted, food chain poisoned and genetic pool depleted and biometric database of Indians sold or stolen at the behest of commercial czars, will it not be a pyrrhic economic victory, asks Gopal Krishna.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Nowhere on the planet, nowhere in mankind's history has such an idea taken the concrete shape in form of a law. The National Food Security Bill, which will come via ordinance and not after the debate in Parliament, is an incredible economic tool to tackle the hunger of poor Indians. Also, it has already been condemned widely as a political gimmick.
In a marathon address to the nation from the ramparts of the Red Fort, Prime Minister Narendra Modi on Saturday underlined India's unity and diversity and the progress of his 15-month-old government's policies.
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.
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'