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Latest News:


Budget 2017: Cigarettes, Tobacco products to turn dearer

New Delhi: Smokers and tobacco consumers will have to shell out more for their indulgence as Finance Minister Arun Jaitley continued with the crackdown on cigarettes and tobacco products by increasing taxes in the Budget for 2017-18.

The finance min... Read More

budget expectations

Budget is Forward Looking & Growth oriented

1)Welcoming the Union Budget proposal for FY18, it is ‘forward looking’ and ‘growth oriented’. The Finance minister has ensured the affordable housing demand gets a shot in the arm... Read More

no cash

No Cash Transactions Above 3 Lakhs From April: Govt

New Delhi: In a major step to check corruption and tax evasion, transactions above Rs. 3 lakh will not be allowed in cash, Finance Minister Arun Jaitley said today while announcing the budget... Read More


Govt abolishes FIPB; more FDI policy easing on anvil

MUMBAI:  The Finance Minister, Arun Jaitley, said the government would abolish the Foreign Investment Promotion Board (FIPB) and announced creation of a framework to ease the inflow of Foreign Direct Investment (FDI)... Read More


Consolidated KPMG Statements on Union Budget 2017-18

Statement from Girish Vanvari, Head of Tax, KPMG in India

 Budget 2017  sticks to fiscal prudence with a fiscal deficit of 3.2% whilst balancing enhanced spending in several socio economic schemes and different aspects of economic development... Read More

Sensex, Top companies, Valuation, Capital

Sensex surges 400 points on Budget proposals; realty index jumps 4.22%, bank 2.24%

MUMBAI: Union Budget proposals cheered the market sentiment with the Nifty and the Sensex trading higher by nearly one per cent.

Investors resorted to heavy buying in realty, bank, PSU and oil & gas stocks post Budget announcement.

Presenting the Uni... Read More

arun jaitley gst

Budget 2017 Live: Income tax cut to 5% for those earning Rs. 2.5-5 lakh

NEW DELHI: Transform, energise and clean India is the motto, says the Finance Minister as he concludes the Budget presentation.

Present burden of taxation mainly on salaried class. Post demonetisation legitimate expectation of reduced burden... Read More


BUDGET LIVE: Transform, energise and Clean India is our agenda: Jaitley

New Delhi: Union Finance Minister Arun Jaitley presents his third Budget today...

  • "There has been a major change in the way the natural resources of the country have been allocated... Read More
Plastic money

Government decides to print plastic currency note

New Delhi: Government today informed Parliament that a decision has been taken to print plastic currency notes and procurement of material has started.

"It has been decided to print banknotes based on plastic or polymer substrate... Read More

DHFL, Financial results

DHFL Q2 profit up 29% to Rs 233 cr

New Delhi: Mortgage firm Dewan Housing Finance Corporation (DHFL) today reported 28.8 per cent jump in net profit at Rs 232.61 crore for the quarter ended September 30, helped by healthy growth in loan disbursements.

In the same quarter of the previo... Read More