As a big relief to the salaried class taxpayers in the country, the government is reportedly thinking to double the income tax exemption threshold from the present 2.5 Lakh to 5 Lakh. According to sources, the decision in this regard has been taken by the Finance Ministry with an aim to bring equality between taxpayers after […]
On Friday Finance Minister Arun Jaitely said in Lok Sabha that there would be no loss of jobs due the merger of public sector banks. Earlier this week, the cabinet approved the merger of Vijya Bank and Dena Bank with Bank of Baroda. Jaitely said that there would be no loss of jobs due to […]
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. […]
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 […]
