Business

April 28, 2015 7:33 AM

West Bengal, Kerala to gain from GST: Chief Commissioner

Chief Commissioner of Customs, Excise and Service Tax, Gautam Ray has said that the states like West Bengal and Kerala stand to gain from the proposed Goods and Services Tax (GST). He said at an interaction organised by the Merchants Chamber of Commerce in Kolkata yesterday that net consuming states...

April 27, 2015 7:10 PM

FM assures business friendly environment for foreign investors

Finance minister Arun Jaitley today assured a business friendly environment to woo foreign investments in the country. Delivering the 16th D P Kohli Memorial Lecture organised by Central Bureau of Investigation in New Delhi, Mr Jaitley said retrospective tax will not be imposed and that taxation pol...

April 25, 2015 7:57 AM

Govt allows EPFO to invest 5 % of its corpus in stock market

Government has allowed retirement fund body EPFO to invest five per cent of its corpus in exchange traded funds. It will result into an inflow of around five thousand crore rupees into the stock markets during this fiscal. Talking to reporters in New Delhi yesterday, Labour Secretary Shankar Aggarwa...

April 24, 2015 5:59 PM

Govt allows EPFO to invest 5% corpus in stock markets

Government has allowed retirement fund body EPFO to invest five per cent of its corpus in exchange traded funds. It will result into an inflow of around five thousand crore rupees into the stock markets during this fiscal. Talking to reporters in New Delhi today, Labour Secretary Shankar Aggarwal sa...

April 24, 2015 5:26 PM

Over 2000 firms yet to appoint women directors: Jayant Sinha

Minister of State for Finance Jayant Sinha today said as many as 2,015 companies listed on the Bombay Stock Exchange and 263 on the National Stock Exchange are yet to comply with market regulator SEBI's directive to appoint at least one woman director on the board. Replying to a question in...

April 24, 2015 12:57 PM

Fiscal deficit to come down to 3% in next 3 years: Jaitely at LS

Finance Minister Arun Jaitely today said the fiscal deficit would come down to 3 per cent in the next three years from the present 4.1 per cent. Replying to supplementaries during the Question Hour in the Lok Sabha, Mr.Jaitely said in 2012-13, it was 4.8 per cent of GDP. He said, the government at t...

April 24, 2015 12:09 PM

Govt considering clarificatory amendments to MAT rules: Sinha

Minister of State for Finance, Jayant Sinha, has said the government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax, MAT, for the benefit of foreign investors, FIIs who have been battling tax demands of Rs 40 thousand crore. Mr Sinha said this on the sidelines...

April 24, 2015 12:09 PM

BSNL offers free calls on landline phones at night from May 1

To revive its landline business, BSNL has announced unlimited free calling scheme during night-hours on landline phones from 1st May. In a statement, BSNL said, the scheme will allow to make calls free of cost to any operator, including mobile phones, anywhere in the country between 9 PM and 7 AM an...

April 24, 2015 11:49 AM

RBI revises priority sector norms, includes more categories

The Reserve Bank has revised Priority Sector Lending norms, asking to give 8 per cent of their total credit to small and marginal farmers. In a statement issued from Mumbai yesterday, it has informed that overall target for agriculture has been kept unchanged at 18 per cent. However, the distinction...

April 23, 2015 7:33 PM

SEBI warns investors against unlisted firms trying to raise money from public

Securities and Exchange Board of India, SEBI, has cautioned investors against several unlisted firms trying to fraudulently raise money from public. The warning comes amid a continuing crackdown by SEBI against various unlisted companies that have lured retail investors by issuing securities in the ...

Most Read

View All arrow-right

No posts found.