EPFO makes UAN mandatory for all employers under its purview

Employee Provident Fund Organisation, EPFO has notified an order to make Universal Account Number, UAN mandatory for all employers covered under the Employees Provident Funds and Miscellaneous Provisions Act 1952. The UAN remains portable throughout the lifetime of an employee and they don'...

Govt proposes tax benefits for card payments

FinMin asks media to refrain from speculations on PSB chief appointments

Ministry of Finance has urged media persons to refrain from writing speculative news items and articles about the outcome of selection process for the post of Managing Director and Chief Executive Officer of Public Sector Banks. The Ministry said, some news items have appeared in certain section of ...

India seeks to expand marine food exports to Africa

India, which has made big impact at Africa's biggest trade shows, wants to start exporting its marine products to the African continent. A 50-member delegation from the Ministry of Commerce and Industry participated in Africa's biggest trade fair, the South African international tr...

NSE to begin overnight investment facility from today

Country's top stock exchange National Stock Exchange, NSE, will introduce an overnight liquid transaction facility on its web-based Mutual Fund platform, from today. The facility will enable traders, especially small investors, to invest even for a single night in liquid funds. A similar pr...

Government will soon come out with compliance window under black money law to give opportunity to declare unaccounted assets abroad: FM

Union Finance Minister Arun Jaitley said India has the potential to grow at 8-9 per cent or even more in the next one to two years and global investors cannot ignore such an economy. He was responding to questions at a talk organised by the Columbia Business School in New York Friday. While blaming ...

Jaitley expresses confidence that 10 per cent economic growth rate possible

Finance Minister Arun Jaitley has expressed confidence that 10 per cent economic growth rate is possible. He said the government is pursuing economic reforms, policy changes and pumping in money in key sectors like infrastructure. Addressing an audience in Washington on the second leg of his nine-da...

Jaitley expresses confidence that 10 per cent economic growth rate possible

Finance Minister Arun Jaitley has expressed confidence that 10 per cent economic growth rate is possible. He said the government is pursuing economic reforms, policy changes and pumping in money in key sectors like infrastructure. Addressing an audience in Washington on the second leg of his nine-da...

India's foreign exchange reserves rises to USD 354.29 billion

India's foreign exchange reserves rose by USD 1.57 billion to USD 354.29 billion in the week ended 12th June. A RBI press release has informed that foreign currency assets, a major part of the overall reserves, increased by USD 1.569 billion to USD 329.58 billion. In the previous week, the ...

Government will soon come out with compliance window under black money law to give opportunity to declare unaccounted assets abroad: FM

Union Finance Minister Arun Jaitley said India has the potential to grow at 8-9 per cent or even more in the next one to two years and global investors cannot ignore such an economy. He was responding to questions at a talk organised by the Columbia Business School in New York Friday. While blaming ...