Economy and Finance

News and views related to the Indian Economy and Financial sector

Economy and Finance

Small businesses with turnover up to ₹1.5 crore can become income tax free due to full rebate

OpIndia Staff -
The rebate in Income Tax under section 87A will benefit an estimated 3 crore middle-class taxpayers
Economy and Finance

Punjab National Bank recovers Rs 16,000 crores from bad loans, Q3 reports profit of ₹246.51 crore

OpIndia Staff -
Despite 100% provision made for the Rs 13,000 crore scam in which Nirav Modi is the prime accused, PNB posts a profit last quarter
Economy and Finance

Common man saves 27% on taxes after implementation of GST under BJP government

Dhairya Roy -
GST has resulted in a reduction in tax of most household items, bringing down the monthly household expense
Economy and Finance

Modi government’s much needed focus on India’s farm sector

Karan -
Agricultural sector regained its focus post-2014 when the Modi government came into power as it realized the need to revive India’s agricultural sector.
Economy and Finance

Budget 2019: Direct Tax collection exceeds expectations by Rs 50,000 crore

OpIndia Staff -
Fiscal year 2019 sees an increased Direct Tax collection, exceeding by Rs 50000 crores that was originally budgeted at Rs 11.50 lakh crores
Economy and Finance

Budget 2019: The economics governing the Interim Budget 2019

OpIndia Staff -
A comprehensive analysis of the interim budget 2019 presented by Union Minister Piyush Goyal and the economics behind it
Economy and Finance

Media loses it after Budget 2019: From ‘Hindi imposition’ to ‘where is the money’

OpIndia Staff -
Media resort to usual fault finding in the Budget presented by Finance Minister Piyush Goyal.
Economy and Finance

Budget 2019: Piyush Goyal, PM Modi hail the contributions of the middle class in country’s economy, bring tax relief

OpIndia Staff -
Piyush Goyal showers praise for the middle class, as he announces major benefits and tax relief.
Economy and Finance

Indiaspend’s faulty ‘FactChecker’ spreads fake news about Budget 2019 while ‘fact-checking’ Piyush Goyal’s speech

OpIndia Staff -
FactChecker.in decided to 'fact-check' the Budget 2019 speech, and in the process, ended up spreading fake news themselves
Economy and Finance

Fact-check: Congress lies profusely in an attempt to ‘fact-check’ Piyush Goyal’s Budget 2019 speech

OpIndia Staff -
With the various announcements that were made, it was natural for the Congress party to feel jittery about its electoral prospects ahead of General Elections later this year.
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