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Economy

TDS of 2% on cash withdrawals of over Rs 1 crore from 1 Sept

The revenue department on Friday said the 2% TDS on cash withdrawals of over Rs 1 crore will come into effect from 1 September

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India

CPI(M) plans to bring impeachment motion against CJI

New Delhi: CPI(M) general secretary Sitaram Yechury today said his party is reaching out to other opposition parties to discuss the possibility of bringing an impeachment motion against the Chief Justice of India (CJI) Dipak Misra in the coming budget session. His statement comes close on the heels of four senior judges of the Supreme Court […]

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Economy

Budget 2018-19: Printing of documents begins with ‘Halwa’ ceremony

New Delhi:¬†Finance Minister Arun Jaitley today performed the symbolic ‘Halwa Ceremony’ to mark the launch of formal printing of documents relating to the Union Budget 2018-19. Jaitley is scheduled to present the last full budget of the current NDA government on 1 February. Minister of State for Finance Shiv Pratap Shukla and other senior ministers […]

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India

Railways not to seek funds from Budget: Goyal

Delhi:¬†Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focussed on monetising assets within, Railway Minister Piyush Goyal said. The Budget that Finance Minister Arun Jaitley presents on February 1 next year will be the second after the railway and Union budgets were merged in a […]