Budget announcement

PTI | | Posted by Nisha Anand In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for private sector salaried employees to ₹25 lakh.…

<!-- -->Government has said advance action is underway on privatisation of 2 public sector banksNew Delhi: Advance action is underway for privatisation of two public sector banks in pursuance of the announcement made by Finance…

<!-- -->Government may infuse up to Rs 5,000 crore in three state-owned insurance companiesNew Delhi: Government may infuse Rs 3,000-5,000 crore additional capital in the three public sector general insurance companies based on their…

<!-- -->More than 96 per cent post offices have been brought under core banking systemAround 96 per cent of post offices across the country have been brought under the core banking system (CBS), in order to implement the…

<!-- -->Weak public sector banks will get majority share of funds from the governmentNew Delhi: Weak public sector lenders like Central Bank of India and Punjab & Sind Bank will get the lion's share of the Rs 15,000 crore…

<!-- -->Government will set up a fund for start-upsNew Delhi: To provide additional capital support to entrepreneurs across the country, government will create an equity fund for start-ups which will have a 20 per cent limited stake…

<!-- -->RBI will take a decision on issuing green bonds next monthNew Delhi: Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said that the decision regarding issuance of green bonds, which were announced in the budget,…

<!-- -->Income tax return forms from next year will have a separate column for cryptocurrency gainsNew Delhi: Income tax return (ITR) forms from next year will have a separate column for making disclosures on gains made from…

<!-- -->Taxing crypto assets will not provide any legality to their transactions, CBDT chief has saidNew Delhi: The budget announcement of taxing 'virtual digital assets' or crypto currencies will help the income tax department…