September 25, 2015 03:03 IST
Gold above prescribed threshold ‘need not be seized by tax authorities, but the tax penalties, as applicable will be levied’: FinMin.
Fri, Sep 25, 2015September 23, 2015 02:09 IST
Prime Minister Narendra Modi is scheduled to attend the UN Sustainable Development Summit as part of his second visit to the United States.
Wed, Sep 23, 2015September 22, 2015 02:11 IST
Gujarat had received overall top ranking in the report by the World Bank and the Department of Industrial Policy and Promotion that was released last week and had implemented 71.14 per cent of all business reforms.
Tue, Sep 22, 2015September 19, 2015 01:37 IST
The first one is due very soon while the other two will be submitted by January,” said a person familiar with the development, adding that its recommendations would be included in the Union Budget 2016-17.
Sat, Sep 19, 2015September 18, 2015 02:51 IST
A government-appointed panel has suggested full disclosure of risks in an easy language, nominal surrender costs for products and flexible exit options.
Fri, Sep 18, 2015September 18, 2015 02:45 IST
Soon after taking office, the NDA government had begun reviewing the Independence-era Factories Act, 1948 and had introduced the Factories (Amendment) Bill, 2014 in Parliament in August last year.
Fri, Sep 18, 2015September 16, 2015 02:41 IST
Pronab Sen said that the divergence between WPI and retail inflation would gradually equalise.
Wed, Sep 16, 2015September 15, 2015 01:09 IST
The proposal to set up an independent debt management agency has been announced by successive finance ministers and it was taken up by finance minister Arun Jaitley in this year’s Union Budget in February.
Tue, Sep 15, 2015September 13, 2015 01:12 IST
September 18 meeting will focus on cost, specification and security issues
Sun, Sep 13, 2015September 11, 2015 01:19 IST
The NPS for the unorganised sector has assets under management of Rs 684.23 crore while the corporate sector NPS has a corpus of Rs 6,860 crore as on August 31, 2015.
Fri, Sep 11, 2015September 08, 2015 01:19 IST
Corporates along with CII, Ficci and PHD Chambers have made recommendations to improve ease of doing business in India.
Tue, Sep 08, 2015September 08, 2015 00:43 IST
At present, subscribers with less than 12 months of services are eligible to a maximum sum of Rs 1.2 lakh.
Tue, Sep 08, 2015September 04, 2015 01:47 IST
About 450 items would be included in the IIP basket as against 399 in the current series and data from at least eight factories per item would be collected to ensure lesser volatility.
Tue, Sep 08, 2015September 03, 2015 00:44 IST
According to the formula, the per day expenditure of such workers is estimated at Rs 211 per day or Rs 6,330 per month.
Thu, Sep 03, 2015September 02, 2015 18:25 IST
With Labour Minister Bandaru Dattatreya and Labour Secretary Shankar Agarwal away to attend the G-20 labour minister's conference, the labour ministry remained silent on the impact of the strike but trade unions leaders have termed it a “grand success”.
Wed, Sep 02, 2015September 01, 2015 03:04 IST
Significantly, the government has also finalised its team of key officials who would be responsible for the Union Budget 2016-17.
Tue, Sep 01, 2015August 31, 2015 18:02 IST
While this is much higher than the 6.7 per cent growth clocked in the first quarter of 2014-15, it is muted compared to the 7.5 per cent growth in the January to March quarter of last fiscal.
Fri, Oct 07, 2016August 28, 2015 02:35 IST
The finance ministry is banking on these savings to meet any shortfall in revenue from stake sales in public sector units that is necessary to meet the fiscal deficit target.
Fri, Aug 28, 2015August 27, 2015 01:08 IST
Initial indications reveal that growth remains on the same footing as the last quarter, if not lower.
Thu, Aug 27, 2015August 25, 2015 02:27 IST
The proposed amendments that were cleared by the Union Cabinet in May this year seek to completely bar children less than 14 years from working in any sector, barring entertainment industry.
Tue, Aug 25, 2015August 25, 2015 02:26 IST
While the Pradhan Mantri Jeevan Jyoti Bima Yojana has 2.75 crore subscribers as of August 22, the Atal Pension Yojana, in stark contrast, has witnessed just 6.83 lakh members enrolling.
Tue, Aug 25, 2015August 24, 2015 00:55 IST
The objective is to ensure that a standard minimum wage rate exists for all kinds of occupations.
Mon, Aug 24, 2015August 20, 2015 02:46 IST
Till now, the Pradhan Mantri Jeevan Jyoti Bima Yojana has received 1,184 claims while another 284 claims have been filed under the Pradhan Mantri Suraksha Bima Yojana.
Thu, Aug 20, 2015August 19, 2015 01:20 IST
With the government announcing plans to infuse Rs 25,000 crore capital in public sector banks this fiscal, financial services secretary Hasmukh Adhia said this will allow them to tap the markets when their valuations are improved. In an interview, Adhia also said the finance ministry is working to strengthen fraud detection processes at PSBs. Excerpts: Are […]
Wed, Aug 19, 2015August 18, 2015 01:53 IST
Accordingly, the finance ministry is now set to work with PSBs on a policy to recruit officers at the mid-level taking into account requirements of the lenders and expected vacancies.
Tue, Aug 18, 2015