Business Standard

Top 10 biz headlines: Budget 2019, race for Mindtree CEO's post, and more

From race for Mindtree CEO's post to India's current account deficit, Business Standard brings to you stories that made the headlines on Friday


Netflix. Photo: Shutterstock

BS Web Team
1. Streaming services like Netflix, Amazon may come under tax net in Budget

Encouraged by ballooning revenue from the equalisation levy on online advertising fees, the government feels there is scope to expand it to digital content streaming companies such as Netflix and Amazon Prime, said sources in the know.

The collection target this year is steep and the revenue situation less than ideal. In such a scenario, the government might consider the proposal to tax these services in the Budget, to be presented next week. Read more here

2. India's current account deficit narrows sharply to 0.7% of GDP

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First Published: Jun 29 2019 | 9:38 AM IST

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