Business

April 23, 2015 7:27 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 23, 2015 4:05 PM

Govt considering clarificatory amendments to MAT rules: Sinha

Minister of State for Finance Jayant Sinha has said that the government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax, MAT for the benefit of foreign investors who have been battling tax demands worth Rs 40,000 crore. Mr Sinha informed this while talking to r...

April 23, 2015 8:07 AM

Govt meets FIIs on tax issues, refuses relaxation on MAT

The government has refused to give any relaxation to the Foreign Institutional Investors,FIIs on the 40,000 crore rupees past tax demand and said remedy lies in judicial appeal. Talking to reporters after meeting with FIIs Minister of Finance Jayant Sinha said, NDA government is a responsive governm...

April 22, 2015 9:02 PM

China could go for more monetary easing policies: Official

China could still go for more monetary easing policies, especially Reserve Requirement Ratio, RRR cuts for the banks to improve lending to halt economic slowdown.Chen Yulu, member of the Monetary Policy Committee of the People's Bank of China, said that there was plenty of room for more RRR...

April 22, 2015 6:18 PM

Govt meets FIIs on tax issues, refuses relaxation on MAT

The government has refused to give any relaxation to the Foreign Institutional Investors,FIIs on the 40,000 crore rupees past tax demand and said remedy lies in judicial appeal. Talking to reporters after meeting with FIIs Minister of Finance Jayant Sinha said, NDA government is a responsive governm...

April 22, 2015 2:05 PM

Exporters need to focus on non-trade barriers to boost business: Official

Additional Secretary in the Ministry of Commerce, Rajani Ranjan Rashmi has said that exporters are facing non-trade barriers and they need to focus on those issues to enhance their product competitiveness in the global market. Speaking at the function of the Export Inspection Council, ECI of India, ...

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