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An executive from Tether - a stablecoin or type of cryptocurrency usually backed by real-world world assets - said on Twitter the company had frozen $33 million connected with the hack. (AFP Photo)

Cryptos to stay with 30 pc tax; digital rupee next fiscal

The gift of virtual digital assets will be taxed in the hands of the recipient

2 Feb 2022 1:06 AM IST

This is meant to reduce litigation, but will not provide additional refund. (Representational image: PTI)

I-T returns can be updated in two years to correct any errors

This will avoid the lengthy process of litigation if the department finds that some income has been missed out by the...

1 Feb 2022 11:58 PM IST

Sitharaman said, Introduction of Central Bank Digital Currency (CBDC) will give a big boost to the digital economy. (PTI Photo/ Shahbaz Khan

RBI to issue Digital Rupee in FY23: Sitharaman

Digital currency will also lead to a more efficient and cheaper currency management system

1 Feb 2022 11:45 PM IST

ICC vice president and Nafa Capital Advisors Pvt. Ltd MD Ameya Prabhu

Budget will fast track economic recovery: ICC

The Indian Chamber of Commerce (ICC) has appreciated the growth oriented policy direction of the Union Budget

1 Feb 2022 4:47 PM IST

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2022-23 in the Lok Sabha, at Parliament, in New Delhi. (Photo: PTI)

Budget 2022: Highest GST collections, no tax reforms for salaried...

The finance minister began the presentation by expressing empathy to those who died due to COVID-19

1 Feb 2022 1:46 PM IST

Union Finance Minister Nirmala Sitharaman during a pre-Budget photo session, on the eve of presentation of Budget 2022-23 in the Parliament, in New Delhi, Monday, Jan. 31, 2022. (PTI Photo/Manvender Vashist)

Survey projects 8-8.5 per cent growth in GDP next fiscal; by 9.2 %...

Services sector worst hit by COVID-19 pandemic; agriculture the least affected

31 Jan 2022 3:06 PM IST

The nationwide campaign began in December 2021. The BETA Mobile Petrol Pump has arrived in Odisha and will tap cities across the state. ANI

Repos launches mobile pumps

The new mobile pumps enable corporates and individuals to buy fuel in smaller quantities

29 Jan 2022 8:23 AM IST

Union Finance Minister Nirmala Sitharaman during a press conference at the National Media Centre, in New Delhi, Tuesday, Jan. 18, 2022. (PTI Photo)

India seen boosting budget spending on infrastructure

Indian economy is estimated to expand 9.2% in this fiscal ends in March, following a contraction of 7.3% in the previous...

27 Jan 2022 10:23 AM IST

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman gestures during a news conference after the 46th GST Council meeting, in New Delhi, Friday, Dec 31, 2021. (PTI Photo/Kamal Kishore)

India-'s annual Budget again goes green, cuts down on printing to bare...

The Budget documents will be available mostly digitally, with only a handful of physical copies, officials said

26 Jan 2022 4:42 PM IST

Niti Aayog Vice Chairman Arvind Panagariya (Twitter)

Indian economy recovered -'handsomely-' from pandemic-induced...

The economy, which was significantly hit by the pandemic, had contracted 7.3 per cent in the last fiscal

25 Jan 2022 12:19 PM IST

In the last Budget, the Centre had announced that the FDI limit would be raised from 49 per cent to 100 per cent for insurance intermediaries like aggregators, brokers, marketing firms and corporate agents.

FDI inflow dips 26% in 2021: Unctad

The decline in FDI in 2021 was mainly because large mergers and acquisitions (M&A) deals recorded in 2020 were not...

21 Jan 2022 2:08 AM IST

The report further added that the Pradhan Mantri Awas Yojana (PMAY) is one such program, which has made remarkable difference to the lives of the poor and deprived. (ANI representative Image)

-'India-'s economic reforms empowers people, creates favourable...

In addition to the increased subsidy for house construction, government is planning to harness PPP model for housing...

18 Jan 2022 3:21 PM IST