Finance news

Budget 2019: Finance minister does a fine balance for individuals  The Financial ExpressBudget 2019 India: An additional Rs 1.5 lakh tax deduction on interest paid on purchase of a house costing up to Rs 45 lakh will benefit the middle-class.

Budget 2019: NHB to retain power to inspect, penalise housing finance firms  Business StandardThe National Housing Bank (NHB) will continue to inspect and penalise housing finance companies (HFCs), even as its regulatory powers will be shifted to the ...

About 74 billion euros of risk-weighted assets will become part of a new non-core unit and the lender’s capital buffer will be reduced as part of the plan, which will avoid tapping shareholders.

'Highest' tax rate in India still lower than US, China: Finance Ministry  Business TodayJustifying raising of tax incidence on super rich, the finance ministry said the highest tax rate in India was still lower than many countries, including the US and ...

GST amendments via Finance Bill: A cheeky run by Modi government  Business StandardFinance Minister Nirmala Sitharaman in her maiden Budget speech has sought to implement the recommendations made by the GST Council during its 35th ...

India's first Sovereign Bond float in Oct-March period: Finance Secretary  LivemintNew Delhi: The government is targeting the second half of the fiscal year to raise funds through overseas bond sales, Finance Secretary Subhash Chandra Garg ...

Saudi king hosts British finance minister for talks  Business StandardSaudi Arabia's King Salman hosted British finance minister Philip Hammond for talks in the western city of Jeddah on Sunday, state media said, amid renewed ...

Govt assessed smuggling dimension while raising import duty on gold: Finance Secy  Business StandardThe decision to raise import duty on gold in the Union Budget was taken after a careful consideration, including its likely impact on smuggling of the yellow metal, ...