Business

CNBC-TV18 and the Mint brought the Budget makers face to face with the captains of industry.

The government has proposed to exempt service tax levied on agents earning less than Rs 10 lakh commission annually.

The most heartening aspect of the budget is its strong emphasis on the neglected task of revitalisation of agriculture and rural development: L K Advani

Cars, cigarettes, branded garments, air travel will become more expensive, while footwear, solar lamps and routers are slated to be cheaper following a host of changes in the tax structure in the Budget for 2016-17.

Rising rural distress because of back-to-back droughts have put considerable pressure on the Finance Minister to spend more on social schemes.

Special CBI Judge Bharat Parashar framed charges against Gupta and Pushp Steels and Mining Pvt Ltd (PSMPL) after which they pleaded not guilty and claimed trial. The court has fixed the matter for recording prosecution evidence on March 30.

Economic Survey 2015-16 proposes widening tax net from 5.5 percent of earning individuals to more than 20 percent, reasonable taxation of the better-off individuals with income from Real Estate and Agriculture, phasing out of the tax exemption Raj.

The Survey also said that the average borrowings by banks have increased significantly in the immediate aftermath of US fed rate hike, resulting in appreciation of the rupee.

The 90-minute meeting with the economists on Saturday, ahead of the Budget presentation for 2016-17, was confirmed by Ministry spokesperson who described it as one to explain "economic analysis of macro-economic situation" after the presentation of Econom...

The total Plan Outlay for Agriculture Budget was 13.07 per cent.

Experts feel it can force the government to hunt down defaulters who have swindled public money in the name of corporate loans.

Over 2,500 international and 8,000 domestic companies will be participating in the week-long multi-sectoral industrial event.

Retail prices rose 5.69 per cent on year in January, their fastest pace since August 2014, government data showed on Friday.

According to experts, the government could allow startups and e-commerce companies to appropriate initial brand building expenses over several years for accounting benefits. (Picture for representational purpose)

Forex dealers said rebound in domestic stock markets also helped the domestic unit to strengthen against the dollar.