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September 28, 2015 11:57 AM
The Central Board of Direct Taxes, CBDT has clarified that the government has not extended the due date for filing of returns and audit report due by 30th of this month. In a statement CBDT said, it has been brought to the notice that a fake order is in circulation, which states that the last date t...
September 28, 2015 11:57 AM
In an industry-first, two regulators - Forward Markets Commission (FMC) and capital markets watchdog- the Securities and Exchange Board of India (SEBI) Sebi - were today merged to create a unified regulatory body. The formal merger ceremony took place in Mumbai today in the presence of Union Finance...
September 28, 2015 8:03 AM
The Central Board of Direct Taxes (CBDT) has said the people who are earning four lakh rupees in small cities and not paying taxes are on the radar of the Income Tax department. In an Interview to a news agency, Chairperson of CBDT Anita Kapur said, there are about 18-20 per cent small taxpayers in ...
September 28, 2015 7:02 AM
Concerned over a spurt in investment scams perpetrated through SMSes, WhatsApp and social media, Securities and Exchange Board of India (Sebi) has beefed up its surveillance on such platforms. It is seeking greater co-operation from mobile and internet service providers, as well as banks, so that no...
September 28, 2015 6:53 AM
In the first ever merger of two regulators, Forward Markets Commission (FMC) will merge today with the much bigger capital markets watchdog, Securities and Exchange Board of India (SEBI), to create a unified regulatory body. The merger would take forward the announcement made by Finance Minister Aru...
September 27, 2015 5:39 PM
Foreign investors have pulled out nearly 6,000 crore rupees from capital markets so far, this month, on account of various global and domestic factors. The equity market has seen steeper outflows compared to debt markets. Foreign Portfolio Investors have withdrawn a net of 4,600 crore rupees from eq...
September 27, 2015 12:38 PM
A recent survey has said that considering the rate at which the Modi government's ambitious 'Make in India' initiative is progressing, its target of creating 100 million jobs and achieving 25 per cent of GDP from manufacturing sector by 2022 may be difficult to meet.Accord...
September 27, 2015 8:26 AM
Asian Development Bank is to double its annual lending for climate change adaptation to 6 billion US Dollar by 2020. The initiative comes as world leaders adopted an ambitious set of 17 global goals, including combating climate change and its impacts on Friday. Under the 2020 lending plan, ADB is to...
September 26, 2015 2:11 PM
Union Urban Development Minister Venkaiah Naidu has said, micro, small and medium industries make significant contribution in generating employment and economic growth and therefore the MUDRA bank loan scheme is aiming at providing them loan on easier terms for their development. Inaugurating a mega...
September 26, 2015 12:13 PM
A special court hearing 2G spectrum case today fixed 7 October for pronouncing its order on framing of charges in the 2002 additional spectrum allocation case.Besides order on charges, the court would also pass the order on the bail plea of former Telecom Secretary Shyamal Ghosh on October 7.Ghosh a...
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