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About 41 results for "arun ghosh"

Highlights of the Union Budget 2018-19
Rediff.com

Highlights of the Union Budget 2018-19

Finance Minister Arun Jaitley presents the Budget for 2018-19 in Parliament on Thursday. Illustration: Uttam Ghosh/Rediff.com Following are the highlights of his speech: No change in personal income tax slabs and rates; Surcharge of 10% on income above Rs 50 lakh but less than Rs 1 cr, 15% on income above Rs 1 cr to continue; Standard Deduction returns after a decade; Rs 40,000 to be allowed in lieu of transport allowance and medical expenses; Economic growth pegged at 7.2-7.5% for H2 FY18; ... Rediff.com, 2 weeks ago
Rediff.com

How govt plans to meet divestment target

Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19 Illustration: Uttam Ghosh/Rediff.com The Centre is planning privatisation, or strategic sale, of a number of state-owned companies and properties to meet its budgeted target of Rs 80,000 crore for 2018-19.   Apart from the marquee brand, Air India, work is underway to sell-off stake in Pawan Hans, Dredging Corp, HLL Lifecare and Indian Medicines Pharmaceutical Corporation Limited (IMPCL), among others, said the ...
 Rediff.com6 days ago
Rediff.com

Bloodbath on the bourses: Sensex crashes 840 points

Investors saw a wealth erosion of more than Rs 4.5 lakh crore as stocks went into a free-fall. Illustration: Uttam Ghosh/Rediff.com Benchmark Sensex suffered its worst rout in more than two years on Friday as the Budget proposals on taxing equities torpedoed investor sentiment.   The 30-share index plummeted 840 points -- its biggest single-day slump since August 24, 2015 -- while the broader NSE Nifty tanked over 250 points to finish below the 10,800-mark. Investors saw a wealth erosion ...
 Rediff.com2 weeks ago Investor wealth rises by over Rs 1 lakh cr as stocks zoom  Rediff.com3 weeks ago
Rediff.com

Jaitley gives Rs 40,000 standard deduction to the salaried

Experts, however, said that it is a very nominal benefit to the salaried class. Illustration: Uttam Ghosh/Rediff.com Giving a relief to salaried class, Finance Minister Arun Jaitley on Thursday proposed a standard deduction of Rs 40,000 in lieu of transport allowance and medical reimbursement entailing a revenue sacrifice of Rs 8,000 crore.   The minister, however, did not propose any change in the tax slabs or rates for individual taxpayers. "In order to provide relief to salaried ...
 Rediff.com2 weeks ago
Business Standard

Top economists write to FM on delay in roll-out of maternity

Top economists of the country have written to Finance Minister Arun Jaitley on the delay in the roll-out of the maternity benefit scheme announced by Prime Minister Narendra Modi last year.In a televised address to the nation on New Year's Eve, Modi had ...
 Business Standard1 month ago
Rediff.com

Arun Shourie: How to fight BJP in 2019

Dubs Modi government a "one trick horse" which will make the Hindu-Muslim issue the dominant one in political discourse; asks Opposition to field one candidate in every seat against BJP nominee in 2019 polls.Archis Mohan reports from New Delhi. Illustration: Uttam Ghosh/Rediff.com Former Union minister Arun Shourie has likened reports by international rating agencies, such as Moody's, to "schoolboy reports". Economic policy makers should not take either negative or positive ratings by ...
 Rediff.com2 months ago
catchnews.com

Mamata shoots off letter to Jaitley calling FRDI Bill an assault on the common man

Chief Minister Mamata Banerjee on Friday wrote a letter to Union Finance minister Arun Jaitley urging him to withdraw the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 which is scheduled to be passed in the upcoming Winter Session of the ...
 catchnews.com2 months ago

Kerala snatch thrilling tie against Bengal

Captain Manoj Tiwarys unbeaten half-century went in vain as Bengal had to settle for a tie against Kerala in a thrilling Group B fixture of the Vijay Hazare Trophy one-day tournament here on Wednesday. Last years runner-up Bengal made a mockery of a modest ...
 Deccan Herald1 week ago
Rediff.com

Govt to issue 'outcome budget' this week

The idea is to monitor centrally sponsored schemes, partly funded schemes, loans, programmes and any other endeavour into which funds are pumped. Illustration: Uttam Ghosh/Rediff.com The government will issue its ‘outcome budget’ later this week.   This is to contain tangible targets, including output and outcome, that it aims to meet for all schemes and programmes it funds. Outcome-based budgeting began from the 2017-18 Union Budget. The idea is to monitor centrally sponsored ...
 Rediff.com2 weeks ago
Rediff.com

Merger plan for 3 insurance majors shows govt concern over tackling Modicare

The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018. Illustration: Uttam Ghosh/Rediff.com The government’s announcement in the Union Budget on Thursday to merge three State-owned ...
 Rediff.com2 weeks ago
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