Business

December 20, 2014 8:20 AM

SEBI bars 260 entities for suspected tax evasions and money laundering

In its biggest ever crackdown for suspected tax evasion and laundering of black money through stock trading platforms, the Securities and Exchange Board of India,SEBI, Friday barred 260 entities, including individuals and companies, from the securities markets. While the SEBI would further probe the...

December 20, 2014 8:06 AM

Constitution Amendment Bill for GST tabled in Lok Sabha

Finance Minister Arun Jaitley today introduced a Constitution Amendment Bill to enable the introduction of Goods and Services Tax (GST) Bill in the Lok Sabha. Moving the Constitution (One Hundred and Twenty Second Amendment) Bill, 2014, Mr Jaitley said adequate safeguards have been taken in the Bill...

December 19, 2014 10:17 PM

Mid Year Economic Review projects economic growth at 5.5% this fiscal year

The GDP growth in the current fiscal is expected to be around 5.5 per cent from 4.7 per cent last year on back of improving macro-economic situation. According to Mid-year economic analysis tabled in Parliament today, the investment is yet to pick up significantly. However, it noted that inflation h...

December 19, 2014 7:45 PM

Government approves 8.75 % interest rate on PF deposits for 2014-15

The Finance Ministry has approved 8.75 per cent interest rate on Provident Fund, PF deposits for the year 2014-15. This rate of interest on PF deposits will now be notified by the Labour Ministry as well as by the Income Tax Department. The decision will be implemented from the date of notification....

December 19, 2014 7:19 PM

Govt committed to 4.1% fiscal deficit target for FY14-15: Arvind Subramanian

The Chief Economic Advisor, Arvind Subramanian today said, the government is committed to meeting the fiscal deficit target of 4.1 percent in the current financial year. Addressing media after releasing the mid-term economic Analysis in new Delhi, Mr Subramanian said, the government has taken many s...

December 19, 2014 7:07 PM

Govt committed to 4.1% fiscal deficit target for FY 15: Arvind Subramanian

The Chief Economic Advisor, Arvind Subramanian today said, the government is committed to meeting the fiscal deficit target of 4.1 percent in the current financial year. Addressing media after releasing the mid-term economic Analysis in new Delhi, Mr Subramanian said, the government has taken many s...

December 19, 2014 7:04 PM

Economy to grow at 5.5% this fiscal year: Government

The GDP growth in the current fiscal is expected to be around 5.5 per cent from 4.7 per cent last year on back of improving macro-economic situation. According to Mid-year economic analysis tabled in Parliament today, the investment is yet to pick up significantly. However, it noted that inflation h...

December 19, 2014 6:25 PM

Govt committed to 4.1% fiscal deficit target for FY 14-15: Arvind Subramanian

The Chief Economic Advisor, Arvind Subramanian today said, government is committed to meeting the fiscal deficit target of 4.1 percent in this financial year. Addressing media after releasing the mid- term economic analysis in New Delhi, Mr Subramanian said, the government has taken many steps in th...

December 19, 2014 5:05 PM

Government to set up panel to study EPF investment pattern

Government will form an expert panel to study Employee Provident Fund, EPF investment pattern. Labour and Employment Minister, Bandaru Dattatreya said this today at the 205th Meeting of Central Board of Trustees of EPFO. He also said a separate Committee will be appointed to facilitate subscribers t...

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