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FM Sitharaman to address post-Budget RBI board meeting on Feb 16 : Bulletin: Business Today

Finance Minister Nirmala Sitharaman is scheduled to address the post-Budget meeting of the RBI s central board on Tuesday and highlight key points of Union Budget 2021-22, including the fiscal consolidation roadmap. Fiscal deficit - the excess of governme ....

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Are the markets shifting from easy money-making phase to a tougher one?

We are in the latter stage where the RISK ON mode for the market participants are still very high as can be seen with the extent of rally many midcaps and smallcaps have witnessed. ....

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Corrections and clarifications — February 4, 2021

Corrections and clarifications February 4, 2021
February 04, 2021 00:02 IST
Updated:
February 04, 2021 00:02 IST
Updated:
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The Business desk’s clarification on “Income and tax scenarios” table (Feb. 2, 2021): “There were no changes in personal income tax in the latest Budget and what EY (the tax consulting firm from whom the contents were sourced) had sent as calculations essentially reflected the two alternative regimes that had been offered in last year’s budget and as per the Finance Bill 2021 would be applicable from the Assessment Year 2021-22. Given that we were once again carrying a tax incidence table we ought to have made clear the following: That the latest Finance Bill merely reiterated the scheme from last year’s Budget announcement and that taxpayers could file their returns for the current fiscal year based on the two alternative tax options detailed in last year’s Budget. As per those options, the tax inci ....

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Post Budget, petrol, diesel prices remain unchanged

New Delhi, Feb 2 : The budget levy of new agriculture infrastructure and development cess on petrol and diesel did not have an impact on retail prices of ....

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Welcome To IANS Live - BUSINESS - Post Budget, petrol, diesel prices remain unchanged

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New Delhi, Feb 2 (IANS) The budget levy of new agriculture infrastructure and development cess on petrol and diesel did not have an impact on retail prices of both the products on Tuesday as oil marketing companies (OMCs) took cognizance of the fact that additional duty has been offset by an equal cut in excise duty rates.
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