Finance - general
RBI chief bats for ‘Make in India for India’ as export-led models flounder
24 Aug 2015
While the world is not providing the strong and supportive growth environment as in the past, global capital is looking for profitable investment opportunities, says RBI governor Raghuram Rajan
SIT traces black money to P-Notes, shares and cricket
27 Jul 2015
With half of the Rs2,70,000 crore overseas investment using P-Notes coming through tax havens, the SIT on black money wanted market regulator Sebi to identify the final beneficiaries these instruments
Revised financial sector code aims to clip RBI’s wings
24 Jul 2015
As per the revised financial code, the seven-member Monetary Policy Committee, with just three representatives from the RBI will decide on the monetary policy and the RBI governor will have no veto power – only a second casting vote
NRIs can invest in National Pension System, says regulator
23 Jul 2015
The move will help increase the subscriber base and expand the Rs91,000-crore current corpus of the National Pension System in the private sector manifold
Govt notifies rules for black money valuation
04 Jul 2015
Once the window for disclosure closes, the tax will remain at 30 per cent but the penalty will be three times the tax — or 90 per cent — besides possible criminal prosecution and jail term
Black money holders get time till 30 September to comply
02 Jul 2015
The new Black Money Act provides a compliance window for a limited period to those who have undeclared and untaxed foreign assets
All I-T refunds to be channeled through bank accounts: CBDT chief
23 Jun 2015
The income tax department has proposed to deposit all refunds on tax paid by taxpayers in their personal bank accounts as soon as these are processed and released, so as to ensure that the refunds safely reach the claimants