Business

Tuesday's collapse comes just six weeks after bitcoin hit a record high of $19,511, fuelled by a flood of speculators looking to make a quick buck.

Indian investors lost around Rs 4.95 lakh crore amid sell-off in the broader market on Tuesday where the benchmark BSE Sensex tumbled 1,275 points or 3.6 percent in opening trade.

Finance Secretary Hasmukh Adhia said the 10 percent tax on long term capital gains (LTCG) is a "subsidised rate" as such gains on sale of unlisted scrips and immovable property are taxed at 20 percent.

Air Asia, India MD and CEO Amor Abrol stressed on development of necessary infrastructure to cater to the needs of international flight services and wanted airports in this region to remain open and operational between 10 pm and 6 am.

Prime Minister Narendra Modi said the country has become the most preferred investment destination with the highest FDI of USD 60 billion last fiscal and the union government will now focus on development of infrastructure to turn Assam into the country's...

Last year, the government reduced the tax on individual earning annual income up to 5 lakh from 10 percent to 5 percent. The Finance Minister said that it was lowest in the world.

The scheme allows a bank's customers to deposit their idle gold holdings for a fixed period in return for the interest in the range of 2.25 percent to 2.50 percent.

The former finance minister said the fiscal deficit limit of 3.2 percent in 2017-18 had been breached and was estimated at 3.5 percent.

The government, however, introduced a standard deduction worth Rs 40,000 per annum for transport and medical reimbursements.

The Union Budget 2018-19 is not just the Narendra Modi government’s last full-fledged budget ahead of 2019 General Elections, it is also its last chance to fulfill a promise it made before the previous elections — higher tax relief to families caring for...

Even as Finance Minister Arun Jaitley presents the Union Budget 2018 today, we look at how Raja Todarmal created the first written budgets and budget speeches more than four centuries ago.

Ahead of Arun Jaitley presenting Budget 2018, The 30-share BSE index, which had lost 318.23 points in the previous two sessions, recovered 171.38 points, or 0.47 percent, to 36,136.40.

As the union government announces the budget for 2018-2019 today, professionals are hoping for a standard tax deduction, which was first introduced in 1974-75 for salaried employees, allowing them to claim expenses incurred in earning their income.

Mistry's lawyer Janak Dwarkadas today argued before the tribunal that Tata Sons' contention that Mistry was removed as chairman for poor performance was factually wrong.

According to a survey by Deloitte covering 120 professionals across the sectors, close to 50 per cent feel that tax reforms, particularly tax litigation, should be the most critical priority now for government.

The Financial Services Agency (FSA) on Monday ordered improvements to operations at Coincheck, which on Friday suspended trading in all cryptocurrencies except bitcoin after hackers stole 58 billion yen ($534 million) of NEM coins, among the most popular...