Finance - general

Govt doubles free forex remittance limit to $250,000

08 Aug 2015

Govt to utilise Rs2,00,000-cr surplus with cash-rich PSUs for investment

27 Jul 2015

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

Govt sets floor price for PFC stake sale at Rs254 per share

25 Jul 2015

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

RBI signs special currency swap agreement with Central Bank of Sri Lanka

18 Jul 2015

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

India pledges $1 bn to Nepal as quake aid tops $3 billion

25 Jun 2015

Govt will soon open exit window for black money holders: Jaitley

25 Jun 2015

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