Budget 2017 has proposed to restrict set-off of loss towards second home only up to Rs 2 lakh under Section 71 of the Income Tax Act.

Vivek Jain, a senior CA, said the government move will not only affect the attractiveness of real estate, but also affect tax-planning of e...

Living up to the adage ‘no news is good news’, the benchmark indices saw a breakout, as Sensex scaled Mount 28,000 post-Budget on Wednesday.

For the aam aadmi, the Budget document's economic jargon can be intimidating. We break it down here to help you understand where exactly yo...

The finance minister has proposed to increase allowable provision for Non-Performing Asset of banks from 7.5 per cent to 8.5 per cent.

The outgo for an MSME will now be about 43.32% including the dividend distribution tax, compared with 43.26% for a foreign company, which d...

Bihar will also gain from the centre's proposal to enhance allocation of Rs 2.44L-cr as against Rs 1.22L-cr last fiscal to the banks for di...

The seller can continue to claim complete exemption on the capital gain if the same is invested in the approved instruments under Section 5...

PFRDA has allowed 25% early withdrawal for emergencies and there were confusion about the taxability of this amount.

The budget proposes to restrict the loss on house property that can be deducted from 'other heads of income' such as 'salary income' to Rs ...

Stressing on the importance of Aadhaar payments Jaitley said it will be beneficial to those who do not have debit cards, mobile wallets or ...

It is expected that Jaitley on February 1, 2017 may announce some upward revision in the income tax slabs to benefit the common tax payers ...

SBI Research expects tax collection under IDS to be around Rs 50,000 crore and cancelled liabilities from RBI to be around Rs 75,000 crore.

On the bank's plans for mobile wallet at a time when digital transactions have seen a surge in the aftermath of demonetisation, he said, "O...

The ministry is running a poll on its official Twitter handle—@FinMinIndia—which is on for six more days, till January 13.

DIPP is also in the process of finalising guidelines for a credit guarantee fund scheme to increase the availability of finance for startup...

Minister of State for Finance Arjun Ram Meghwal said that the government has considered the various aspects relating to advancing the date ...