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Fri, Feb 02 2018. 09 53 AM IST

Budget 2018: Reintroduction of LTCG tax a regressive move, says Jitendra Gohil

Union Budget 2018 not massively populist but tilted towards being one, says Jitendra Gohil, head of equity research, Credit Suisse Wealth Management India

Fri, Feb 02 2018. 06 52 AM IST

Budget 2018: Rs5 lakh Modicare for the poor

The new health insurance scheme offers a sum insured of Rs5 lakh and will work like a floater policy much like the RSBY

Fri, Feb 02 2018. 06 52 AM IST

Budget 2018: Merging state-run general insurance companies for better valuation

As per a senior official of a state run general insurance company who did not want to be quoted, the idea of merging the entities could also be to boost solvency ratios

Fri, Feb 02 2018. 06 52 AM IST

Budget 2018: More divestment through ETFs and a debt ETF

Finance minister Arun Jaitley has said that the government will launch more debt ETFs though there is no clarity on what it would look like

Fri, Feb 02 2018. 06 51 AM IST

Budget 2018: Government tries to boost employment

The government will incentivise employers’ contribution to the EPF, so that they are encouraged to hire more people

Fri, Feb 02 2018. 06 51 AM IST

Budget 2018: PM Vaya Vandana Yojana revamped

Budget 2018 has proposed to extend PM Vaya Vandana Yojana ’s investment duration, and the limit of Rs7.5 lakh per senior citizen would also be enhanced to Rs15 lakh

Fri, Feb 02 2018. 06 51 AM IST

Budget 2018: Interest income exemption for senior citizens increased

For the senior citizens, finance minister has announced an increase in the interest income exemption limit of fixed deposits

Fri, Feb 02 2018. 06 50 AM IST

Budget 2018: Good news for tax-paying senior citizens

Budget 2018 proposes a slew of benefits for senior citizens, providing them tax benefits in healthcare and giving higher income from interest

Fri, Feb 02 2018. 06 50 AM IST

Budget 2018: LTCG tax on equities and equity mutual funds

The LTCG tax, arising out of the sale of equity-oriented mutual fund schemes as well as from direct equity shares, will now be taxed at the rate of 10%

Fri, Feb 02 2018. 06 47 AM IST

Budget 2018: Standard deductions for salaried individuals

A poor budget for the salaried class: no change in income tax rates or slabs, marginal relief from standard deduction but a higher cess

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