March 31, 2015 23:22 (IST)
The Central Board of Direct Taxes (CBDT) has extended the window for filing roll-back applications under the Advance Pricing Agreement relating to transfer pricing cases by three months to June 30.
March 31, 2015 23:13 (IST)
The premiums are being revised after a gap of three years.
March 31, 2015 23:09 (IST)
Arun Jaitley had earlier said efforts would be made to keep fiscal deficit at 4.1% of GDP.
March 31, 2015 22:59 (IST)
Investments in 'Sukanya Samriddhi Account', the special deposit scheme for the girl child, will earn a higher interest rate of 9.2 per cent, while the rate on popular tax saving Public Provident Fund or PPF has been retained at 8.7 per cent for financial year 2015-16.
March 31, 2015 13:45 (IST)
Finance Minister Arun Jaitley had come out with a host of proposals last month to rationalise service tax, which is levied at an effective rate of 12.36 per cent.
March 30, 2015 17:11 (IST)
Terming the government's vision to provide housing for all by 2022 as "unrealistic", property consultant JLL India has said making available 2 crore urban houses and 4 crore rural houses is a "huge undertaking in itself" and without a clear roadmap in place, the target is "likely to remain unachievable".
March 29, 2015 17:44 (IST)
Wealth tax is a levy of tax on the net wealth including foreign assets and liabilities.
March 28, 2015 19:05 (IST)
Finance Minister Arun Jaitley on Friday pitched for greater use of "plastic money" and cheques saying that it would discourage use of unaccounted wealth and help in tackling the menace of black money.
March 27, 2015 10:38 (IST)
If interest earned on recurring deposits exceeds Rs 10,000 a year, TDS at the rate of 10 per cent would be deducted by the bank.
March 26, 2015 23:14 (IST)
The Budget proposed to set up an autonomous Banks Board Bureau to help lenders raise capital.
March 26, 2015 11:41 (IST)
The rupee had snapped its seven-day winning spree by slipping seven paise to close at 62.33 against the dollar in yesterday's trade.
March 25, 2015 23:31 (IST)
MUDRA Bank is expected to benefit about 5.77 crore small business units.
March 25, 2015 21:42 (IST)
Finance Minister Arun Jaitley on Wednesday said the government has drawn a list of state-owned companies which will be put on block for strategic sale.
March 25, 2015 19:44 (IST)
Bullion market remained closed in the national capital on Wednesday as traders refrained from doing business to protest the budgetary proposal that would make it mandatory to quote PAN for purchases of above Rs 1 lakh.
March 25, 2015 19:31 (IST)
Days ahead of the Reserve Bank of India's annual monetary policy, Finance Minister Arun Jaitley on Wednesday said India needs lower interest rates for high growth and certainly there will be more rate cuts in future triggering reduction in cost of borrowings.
March 25, 2015 17:26 (IST)
The government hopes to pass a national Goods and Services Tax (GST) in the second half of Parliament's Budget session, Finance Minister Arun Jaitley said on Wednesday.
March 24, 2015 22:12 (IST)
The government is ready to launch the next round of coal block auctions from April even as it is facing litigation by Jindal Steel & Power Ltd (JSPL), which saw its bids being cancelled in the last round of auctions.
March 24, 2015 19:48 (IST)
The government on Tuesday allotted 38 mines to central and state public sector units including power major National Thermal Power Corporation (NTPC), DVC and Steel Authority of India Ltd (SAIL).
March 24, 2015 13:31 (IST)
Experts say PPF scores over Sukanya Samriddhi Account in terms of liquidity (partial withdrawal facility). But Sukanya Samriddhi Account could potentially give higher returns, they add.
March 22, 2015 19:22 (IST)
Proposed in Budget, Mudra Bank will be providing access to institutional finance to micro businesses.