Apr 16, 2015 at 18:16 | Source: CNBC-TV18
Government is at loggerheads with a clutch of foreign investors over levying the minimum alternate tax (MAT). The Centre in the Budget had given MAT exemption prospectively. And speaking to CNBC-TV18s Sapna Das, Revenue Secretary Shaktikanta Das made it clear that FIIs cannot expect retrospective exemption.
Apr 08, 2015 at 13:26 | Source: PTI
Announced by Finance Minister Arun Jaitley in Budget for 2015-16, the merger will help streamline regulations and curb wild speculations in commodities market, while facilitating participation of domestic and foreign institutional investors and launch of new products such as optio
Mar 30, 2015 at 15:29 | Source: PTI
While sparing passengers in his Rail Budget, Railway Minister Suresh Prabhu had proposed an average hike of 3.2 percent in freight rates which is expected to have a direct impact on consumers of essential commodities and steel and aluminium industries.
Mar 29, 2015 at 11:17 | Source: PTI
As it embarks on a revival path, budget carrier SpiceJet plans to lease seven more Boeing 737 aircraft by May while another Rs 500 crore is expected to be infused by its new owner Ajay Singh next month.
Mar 15, 2015 at 14:04 | Source: PTI
Analysts expect inflows to accelerate further going ahead following the passage of the Insurance Bill in Parliament and assurances in the Union Budget to revisit controversial issues like General Anti-Avoidance Rule (GAAR).
Mar 12, 2015 at 17:49 | Source: PTI
In their meeting with Fitch representatives, senior Finance Ministry officials highlighted various initiatives announced in the Budget 2015-16 which are expected to boost investment and growth. The officials highlighted the government's commitment to stick to targets set for the fiscal as well as the current account deficits.
Mar 11, 2015 at 21:28 | Source: PTI
Drawing a comparison, he said the corporate tax rate was 25 percent or less in other ASEAN nations, which were India's main competitors. "The reduction in corporate tax rate is expected to make India competitive, it is expected to make India as an attractive destination for investments, for both domestic and for global investors.
Mar 11, 2015 at 15:41 | Source: CNBC-TV18
Prime Property analysed what 'Sab ka Budget 2015' meant for India's property market as there were no details for housing for all and smart cities. Industry disappointed, Finance Minister Arun Jaitley did not hike home loan rebates but real estate investment trust (REIT) listing expected to take off in the fiscal post the tax rationalisation.
Mar 10, 2015 at 21:47 | Source: PTI
Some reforms in the Union Budget are positive. Things are going in the right direction," he said, talking to Media at a fashion show for the launch of Raymond Linen. On account of reforms, liquidity will improve, discretionary income in the hands of consumer will improve and that would increase people's spending capacity, he said.
Mar 07, 2015 at 14:05 | Source: PTI
The government will have to deepen the securitization market, which stood at Rs 49,000 crore last fiscal, to oil the economy that is expected to gather momentum after the investment push given in the Budget, says a report.