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August 10, 2016 11:21 AM
The government has decided to set up a committee to look into all issues including foreign direct investment norms pertaining to the fast growing e-commerce industry in the country. Official sources said, the committee will be headed by the NITI Aayog CEO.The other members in the panel will include ...
August 10, 2016 6:52 AM
The Non-Performing Assets (NPA) of commercial banks have increased by around four percent in the last one year. The NPA of banks was 5.43 percent in March 2015 which has risen to 9.32 percent in March this year. In a written reply in the Rajya Sabha yesterday, Minister of State for Finance, Santosh ...
August 10, 2016 6:51 AM
The Centre has identified 1.36 crore non-filers with potential tax liability under the Non-Filers Monitoring System. Replying to a question in the Rajya Sabha, Minister of State for Finance Santosh Kumar Gangwar said, the total number of the Income Taxpayers in the country for the last financial yea...
August 10, 2016 6:50 AM
Reflecting an upturn in economic activity, the Centre's revenue collection has shown an impressive growth in April-July period of this fiscal, with total direct and indirect tax rising to Rs 4.3 lakh crore.Indirect Tax collections rose by 29.9 per cent during the first four months of the cu...
August 9, 2016 9:26 PM
The Reserve bank of India (RBI) today kept the key policy rates unchanged while maintaining an accommodative policy stance. While announcing his last bi-monthly monetary policy review at a meeting in Mumbai, RBI governor Raghuram Rajan said that it has been decided to keep the policy repo rate uncha...
August 9, 2016 8:22 PM
Direct tax collection has gone up by 24 per cent to 1.59 lakh crore rupees during the April to July period of the current financial year. Finance Ministry in a release said, the collection up to July indicates that 18.82 per cent of the Annual Budget target of direct taxes has been achieved in the f...
August 9, 2016 6:33 PM
The Non Performing Assets (NPA) of commercial banks have increased by around four percent in the last one year. The NPA of banks was 5.43 percent in March 2015 which has risen to 9.32 percent in March this year. In a written reply in the Rajya Sabha today, Minister of State for Finance, Santosh Gang...
August 9, 2016 6:33 PM
Gold rose 70 rupees, to 30,970 rupees per ten grams at Delhi bullion market, today, on increased buying by jewelers. Silver gained 50 rupees, to 46,300 rupees per kilo, on increased offtake by industrial units and coin makers.Silver coins remained steady, at 75,000 rupees for buying 100 pieces. Over...
August 9, 2016 4:51 PM
The government has capped the prices of 24 essential drugs used for treatment of cancer, HIV, bacterial infections, anxiety and cardiac conditions.The drug pricing controller, National Pharmaceutical Pricing Authority ,NPPA said in a order on its website.NPPA Chairman Bhupendra Singh said prices of ...
August 9, 2016 4:45 PM
The Non Performing Assets (NPA) of commercial banks have increased by around four percent in the last one year. The NPA of banks was 5.43 percent in March 2015 which has risen to 9.32 percent in March this year. In a written reply in the Rajya Sabha today, Minister of State for Finance, Santosh Gang...
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