In a bonanza for the country's middle class in an election year, the government on Friday proposed various tax sops including tax exemption for individual annual incomes of Rs 5 lakh, all of which add up to taking individual incomes up to Rs 9.5 lakhs outside the tax net. ....

Here are the key highlights from Finance Minister Piyush Goyal's Interim Budget 2019-20 ....

Positive expectations from the interim Budget for 2019-20 on Friday buoyed the BSE Sensex by 148 points during the pre-noon trade session. ....

Finance Minister Piyush Goyal will present the Interim Budget in the Lok Sabha on Friday that could virtually be a full-fledged budget of the Modi government ahead of the Lok Sabha elections in which tax sops for the middle class and the corporates could be expected along with a relief package to address agrarian distress and the stressed small scale industry sector. ....

Finance Minister Piyush Goyal has called the heads of all public sector banks for a meeting on Monday when he is expected to take stock of banking sector's performance and discuss ways to improve their financial health. ....

Union Minister for Road Transport and Highways Nitin Gadkari here on Saturday laid the foundation stone for development of a six-lane corridor here and said road projects worth Rs 50,000 crore have been sanctioned for the national capital, which will improve the air pollution level. ....

The Enforcement Directorate (ED) has arrested lawyer Gautam Khaitan, a co-accused in the AgustaWestland VVIP chopper deal case, in a fresh money laundering case, agency officials said on Saturday. ....

The CBI on Thursday raided four locations here in connection with a Rs 3,250 crore loan involving the Videocon Group and ICICI Bank, sources said here. ....

Railway Minister Piyush Goyal was on Wednesday given charge of Finance Ministry in the absence of Finance Minister Arun Jaitley who is in the US for medical treatment, apparently ruling out his recuperation in time for the interim budget to be presented on February 1. ....

The Indian economy is expected to grow at 7.4 per cent in the current fiscal and its GDP growth will rise to 7.6 per cent in 2019-20, before tapering down to 7.4 per cent in 2020-21, according to a UN report released on Wednesday. ....