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Asset quality remains a concern for state-run banks in Q1
Sat, Jul 26 2014. 12 50 AM

Asset quality remains a concern for state-run banks in Q1

PNB says net profit in the June quarter rose 10.2% year-on-year while gross NPAs rose to 5.48% from 5.25% in the March quarter
NDA to put GST on fast track: Arun Jaitley
Fri, Jul 25 2014. 11 55 PM

NDA to put GST on fast track: Arun Jaitley

Jaitley says the govt will explore for resources to pay the central sales tax compensation to state governments
Cabinet approves 49% FDI in insurance
Fri, Jul 25 2014. 07 45 AM

Cabinet approves 49% FDI in insurance

Govt also decides to divert more foodgrains to open market, approves Bill giving Sebi additional powers
IIFCL’s UK unit to raise $1 billion
Fri, Jul 25 2014. 12 13 AM

IIFCL’s UK unit to raise $1 billion

IIFC (UK) is planning to raise the funds overseas as it looks to tap alternative sources of funding to lend more
Infrastructure development key to better rural life: Arun Jaitley
Thu, Jul 24 2014. 04 28 PM

Infrastructure development key to better rural life: Arun Jaitley

The finance minister says India’s biggest challenge is that the rural population’s share in national income is only 15%
World Bank set to review voice reforms  as  India  seeks  greater  say
Thu, Jul 24 2014. 10 03 AM

World Bank set to review voice reforms  as  India  seeks  greater  say

The bank also commits around $18 billion of assistance to India over the next three years
Finance ministry may modify mandatory pre-deposit clause
Thu, Jul 24 2014. 12 24 AM

Finance ministry may modify mandatory pre-deposit clause

Arun Jaitley had made it mandatory for taxpayers to deposit 7.5% of the duty demanded before filing an appeal before CESTAT at the first stage
Arun Jaitley asks tax officials to unearth black money in the country
Mon, Jul 21 2014. 08 47 PM

Arun Jaitley asks tax officials to unearth black money in the country

The finance minister reiterates the tax department should work in a transparent manner while dealing firmly with tax evaders
NDA government pushing for a low-tax regime, says Arun Jaitley
Sat, Jul 19 2014. 01 15 AM

NDA government pushing for a low-tax regime, says Arun Jaitley

Arun Jaitley signals that ‘pro-business’ NDA government is looking at bold measures to curb the rising subsidy bill
CAG rebukes I-T department for losses to exchequer
Sat, Jul 19 2014. 01 03 AM

CAG rebukes I-T department for losses to exchequer

CAG says inconsistencies and lack of clarity in the Income Tax Act had resulted in incorrect assessments and short levy of taxes

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