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Economy

BSE asks FM to remove long-term capital gains tax exemption to check tax evasion

BSE asks FM to remove long-term capital…

Mumbai, July 17 (KNN) Few weeks after instances of many entities using the SME exchange of BSE for money laundering came to the limelight, Bombay Stock Exchange…
Have to ensure the capital and management to PSBs to further the growth of economy - Jayant Sinha

Have to ensure the capital and management…

New Delhi, July 17 (KNN) Minister of State for Finance Jayant Sinha today said that it should be ensured that the Public Sector Banks (PSBs) should have the…
Revised guidelines on conducting manual scrutiny of Service Tax Returns to be operational from Aug 1

Revised guidelines on conducting manual scrutiny of…

New Delhi, July 17 (KNN) The Central Board of Excise and Customs had issued detailed guidelines in 2009 to its field formations on conducting detailed manual…
Banks without ATM network can issue debit cards with bigger banks as sponsors: RBI

Banks without ATM network can issue debit…

Mumbai, July 17 (KNN) RBI has allowed banks without ATM network to issue debit cards in tie-up with a bank that has its own network as it pushes for cashless…
RBI directs banks to meet farm credit limit amid weather concerns

RBI directs banks to meet farm credit…

Mumbai, July 17 (KNN) The Reserve Bank has directed the banks to ensure that their overall direct lending to farmers should not fall below the average of last…
Govt cuts down import tariff value of gold to USD 376 per gram

Govt cuts down import tariff value of…

New Delhi, July 16 (KNN) Government today further cut down the import tariff value of gold to USD 376 per 10 grams and of silver to USD 498 per kg due to weak…
Extension of scheme of Recapitalisation of Regional Rural Banks

Extension of scheme of Recapitalisation of Regional…

New Delhi, July 16 (KNN) The Union Cabinet today gave its approval for extension for the next three years, that is up to 2016-17 of the scheme of recapitalisation…
CCEA approves creation of intra state transmission system in 7 states

CCEA approves creation of intra state transmission…

New Delhi, July 16 (KNN) The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, has approved the creation of an intra-state…
No. of companies listed with BSE SME reaches 103

No. of companies listed with BSE SME…

Mumbai, July 16 (KNN) The number of companies listed with the SME exchange of BSE has crossed 100 taking the total number to 103. Six companies have migrated…
India's June exports falls for the 7th month, down 15.82%

India's June exports falls for the 7th…

New Delhi, July 16 (KNN) Merchandise exports in June fell 15.82 per cent to USD 22.28 billion compared to USD 26.47 billion in the same month last year. The…