Indirect tax collections rise 7.1% in April-November 2014

Indirect tax collections has registered an increase of 7.1 percent during April-November 2014 over the corresponding period in the previous year. An official release said, Indirect Tax Revenue (Provisional) collections have increased to Rs 3,28,662 crore from Rs 3,06,814 crore in April-November 2013...

SEBI cautions against ponzi operators; Names 51 banned firms

The Securities and Exchange Board of India or SEBI today cautioned investors and general public against investing in illegal schemes of ponzi operators. Making public a list of 51 banned companies, it asked the investors not be lured by promises of high returns by such entities. The SEBI also asked ...

GST talks hist roadblock; States says, Centre failed to address their concern

The stalemate over Goods and Services Tax, GST is still continue after the Finance Minister Arun Jaitley hold a third meeting with the states Finance Ministers in New Delhi today. Talking to the reporters, the Chairman of Empowered Committee of State Finance Ministers, Abdul Rahim Rather said that c...

I-T dept has jurisdiction to intervene in Rs 8,500 crore Vodafone's tax dispute: Tribunal

SEBI cautions against ponzi operators; Names 51 firms

The Securities and Exchange Board of India or SEBI today cautioned investors and general public against investing in illegal schemes of ponzi operators. Making public a list of 51 banned companies, it asked the investors not be lured by promises of high returns by such entities. The SEBI also asked ...

Asian shares lower on oil's slump, poor Japan data

Key Asian markets lost ground, today, after Wall Street finished sharply lower overnight on the back of a further oil price declines, while a worse-than-expected machinery orders report from Japan accelerated the market's slide. So Japan's Nikkei-225 index and Hong Kong's ...

India likely to improve economic growth to 6.3% in 2016: UN

A United Nations report has said that India's economic growth is expected to improve to 6.3 per cent in the next two years, with the country leading the economic recovery in the South Asian region. The UN World Economic Situation and Prospects, WESP, 2015 report, released today says India i...

India's trade with ASEAN rises to about $80 bn: Nirmala Sitharaman<br/>

Minister of State for Commerce and Industry Nirmala Sitharaman, today said, India&apos;s trade engagements with Association of Southeast Asian Nations (ASEAN ) has accelerated to about 80 billion US dollars which will reach to about 100 Billion US dollars by next year and could double by 2022. S...

Arun Jaitley to meet state Finance Ministers today on GST

Union Finance Minister Arun Jaitley will be holding meeting with his State counterparts today to iron out the challenges in rolling out the Goods and Services Tax, GST. He informed this while replying to a debate on demand for grants in the Lok Sabha yesterday. The Centre is working towards rolling ...

Global economy to grow over 3% in 2015, 2016:UN

The global economy will grow by more than 3 percent in 2015 and 2016 however the growth will be uneven in some regions, predicts the United Nations. The UN&apos;s annual economic report yesterday said that growth edged up in 2014 at an estimated 2.6 percent. The UN is forecasting 3.1 percent eco...