After the latest tax norm changes, proposed in the Interim Budget, taxable annual income up to Rs 5 lakh will get full tax rebate as Finance Minister Piyush Goyal announced in his Budget speech. But exceeding the net taxable income even by a single rupee beyond Rs 5 lakh would result in a tax liability of Rs 13,000 for taxpayers. ....

The Enforcement Directorate (ED) will question Karti Chidambaram, son of former Finance Minister P. Chidambaram, in INX Media money laundering case on Thursday, an official said. ....

In a bonanza for the country's middle class in an election year, the government on Friday proposed various tax sops including tax exemption for individual annual incomes of Rs 5 lakh, all of which add up to taking individual incomes up to Rs 9.5 lakhs outside the tax net. ....

Here are the key highlights from Finance Minister Piyush Goyal's Interim Budget 2019-20 ....

Positive expectations from the interim Budget for 2019-20 on Friday buoyed the BSE Sensex by 148 points during the pre-noon trade session. ....

Finance Minister Piyush Goyal will present the Interim Budget in the Lok Sabha on Friday that could virtually be a full-fledged budget of the Modi government ahead of the Lok Sabha elections in which tax sops for the middle class and the corporates could be expected along with a relief package to address agrarian distress and the stressed small scale industry sector. ....

Finance Minister Piyush Goyal has called the heads of all public sector banks for a meeting on Monday when he is expected to take stock of banking sector's performance and discuss ways to improve their financial health. ....

Union Minister for Road Transport and Highways Nitin Gadkari here on Saturday laid the foundation stone for development of a six-lane corridor here and said road projects worth Rs 50,000 crore have been sanctioned for the national capital, which will improve the air pollution level. ....

The Enforcement Directorate (ED) has arrested lawyer Gautam Khaitan, a co-accused in the AgustaWestland VVIP chopper deal case, in a fresh money laundering case, agency officials said on Saturday. ....

The CBI on Thursday raided four locations here in connection with a Rs 3,250 crore loan involving the Videocon Group and ICICI Bank, sources said here. ....