To boost investment, the budget increased the FDI limit in insurance, announced measures to ease regulation and an investment friendliness index of states

Income tax rebate u/s 87A: Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The Income Tax Dept has now updated the excel utility to allow 87A tax rebate claims. "The updated excel ut...