Saturday, 6 April 2013

IT Act to be amended once Vodafone tax dispute resolved: FM

IT Act to be amended once Vodafone tax dispute resolved: FM

IT Act to be amended once Vodafone tax dispute resolved: FM

Finance Minister P Chidambaram on Saturday said the government will amend the Income Tax Act once the over Rs 11,200 tax dispute with Vodafone is resolved. The Minister said, however, that such an amendment was unlikely in the ongoing Budget ...
Govt releases latest edition of consolidated FDI policy

Govt releases latest edition of consolidated FDI policy

The Department of Industrial Policy and Promotion (DIPP) on Saturady released the latest edition of consolidated FDI policy incorporating the changes made in the regulations over the past one year. The DIPP is the nodal agency on FDI related matters.
Idea Cellular and unit served 39 billion rupees tax demand

Idea Cellular and unit served 39 billion rupees tax demand

MUMBAI | Sat Apr 6, 2013 2:03pm IST. MUMBAI (Reuters) - Idea Cellular Ltd (IDEA.NS), India's third-largest mobile carrier by revenue, and one of its subsidiaries have been issued with tax demands totalling 39 billion rupees by authorities, media reported on ...
Government sweetener for sugar daddies

Government sweetener for sugar daddies

COIMBATORE: This is one sweet pill that no one is going to complain about at least for now. The government's decision to partially decontrol the sugar sector would boost the profits of sugar companies and enable farmers to get quick payments for the cane ...
Chidambaram to meet Moily on DBT for LPG

Chidambaram to meet Moily on DBT for LPG

New Delhi: Finance Minister P Chidambaram on Saturday said he will meet Oil Minister M Veerappa Moily shortly to finalise schedule for rolling out direct transfer of cash subsidy to cooking gas (LPG) consumers. "(In) the next few days, Moily and I would meet ...
Dawood

Dawood's blood money trail: Stern action if violation of tax laws found, says govt

New Delhi: A day after a CNN-IBN and FirstPost investigation found that ganglord Dawood Ibrahim's cash was washing up in the offshore banking haven of Nassau in The Bahamas in a Bank of Baroda branch, the government on Saturday assured stern ...
6% growth possible for India: Raghuram Rajan

6% growth possible for India: Raghuram Rajan

India is watching the external developments of recent weeks and its impact on the economy, chief economic advisor Raghuram G Rajan said in Singapore on Saturday even as he expressed optimism of the economy growing by over 6% during the current ...
Bajaj-Renault Nissan talks for quadricycle project on track

Bajaj-Renault Nissan talks for quadricycle project on track

PUNE: World's largest three-wheeler maker Bajaj Auto said on Friday that its talks with Renault-Nissan for a fourwheeler quadricycle project is on track as it comes closer to launching its RE60 - the first quadricycle for India -- with the government giving its ...