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The exit of RBI’s Deputy Governor Dr. Viral Acharya is not surprising. Though it was a rumor, but market had anticipated it after the resignation of former Governor Dr. Urjit Pate..

Following 5 things are expected in the current economic context to reduce personal income tax to boost consumption demand.The Budget 2019 had made incomes up to Rs.5 lakhs tax free but ..

  The Union Minister Nitin Gadkari-led Ministry of Road Transport and Highways has approved the proposal to levy the Tax on older vehicles. The proposal will now be sent to the ..

Industrial growth rose to 4-month high of 1.8% in Nov’19 from (-) 4% in Oct’19. While manufacturing PMI did hit a 7-month high of 52.7 in Dec’19 (51.2 in Nov’19)..

STT is levied only on the sell side in case of intraday and derivatives trade (F&O). It is charged at the concessional rate as it is calculated on the premium value rather than on t..

  National Housing finance (NHB) has asked companies to avoid giving home loans with subvention schemes. This circular released on late Friday is applied prospectively. Home loans..

The much awaited Bimal Jalan Committee reports recommendations were accepted by the RBI board on August 26, 2019. The committee recommended a transfer of INR 1.76 tn, which includes INR..

A. Old Tax Regime (Applicable for FY 2019-20) 1. What is the tax treatment of dividend received from Mutual Funds in the hands of unitholders? Presently, dividend income received from..

The budget for FY19 by the FM also placed emphasis on disinvestment of CPSEs (Central Public Sector Enterprises), in order to raise revenue from non-tax sources, given the modest growth..