Centre to merge Baroda, Dena and Vijaya Bank

Centre to merge Baroda, Dena and Vijaya Bank

The centre on Monday 17th September proposed to unite the state owned banks Baroda, Dena Bank and Vijaya Bank to create India’s third largest bank as parts of reforms in the public sector banking segment. The merger of these three banks follows the merger of State Bank of India and its associate banks in 2017. […]

Budget halves Basic Tax Rate; More Public Spending

Budget halves Basic Tax Rate; More Public Spending

New Delhi: Most middle income tax-payers have welcomed the Union Budget proposals announced February 1, though opposition parties bicker over the fine print. The big news is that donations to political parties will become more transparent. In a pre-poll Budget aimed at softening the demonetisation blow, Finance Minister Arun Jaitley halved the basic income tax […]