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BSE to auction investment limits for Rs 6600-cr govt bonds

January 7, 2018 2:01 PM

BSE to auction investment limits for Rs 6600-cr govt bonds

Leading stock exchange BSE will tomorrow auction investment limits for foreign investors for purchase of government bonds worth over 6,600 crore rupees. <br/><br/>In a notice BSE said, the auction will be conducted on ebidxchange platform from 3:30 pm to 5:30 pm, after the close of marke...

Pakistan releases 147 Indian fishermen from Karachi's Malir jail

January 7, 2018 1:55 PM

Pakistan releases 147 Indian fishermen from Karachi's Malir jail

Pakistan today released 147 Indian fishermen from Karachi's Malir jail. <br/><br/>Jail administration officials told Dawn News that the fishermen who were jailed eight months ago, are set to travel to Lahore this afternoon. <br/><br/>The officials said in Lahore, the fis...

Major projects in pipeline to decongest national capital: Nitin Gadkari

January 7, 2018 1:55 PM

Major projects in pipeline to decongest national capital: Nitin Gadkari

Road Transport and Highways Minister Nitin Gadkari has said, major projects entailing an investment of about 32 thousand crore rupees are in the pipeline to decongest the national capital. <br/><br/>It includes development of the Dwarka Expressway at a cost of 6,000 crore rupees. Talking...

Step up performance to match private players: Parliamentary panel to SAIL

January 7, 2018 12:41 PM

Step up performance to match private players: Parliamentary panel to SAIL

A parliamentary panel has said, PSU steel giant Steel Authority of India Ltd, SAIL must adopt necessary measures to remove all bottlenecks and focus on overall improvement in performance in view of competition from private players. <br/><br/>Observing that SAIL achieved its highest ever ...

Banks must work for society as taxpayers making sacrifices: Arun Jaitley

January 7, 2018 7:26 AM

Banks must work for society as taxpayers making sacrifices: Arun Jaitley

Finance Minister Arun Jaitley has said, everyone including the government and the management of banks must work together to restore the credibility of banks which is the most important asset. <br/><br/>Mr Jailey said this at a function organised on the occasion of platinum jubilee celebr...

CBDT relaxes norms for MAT on companies facing insolvency

January 7, 2018 6:48 AM

CBDT relaxes norms for MAT on companies facing insolvency

The Central Board of Direct Taxes (CBDT) has relaxed norms for levy of Minimum Alternate Tax (MAT) on companies facing corporate insolvency proceedings. As per the Income Tax Act, MAT is levied on book profit after deducting the amount of loss brought forward or unabsorbed depreciation, whichever is...

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