Jun 01, 2015 at 08:15 | Source: IBNLive.com
Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 percent (including education cess) to 14 percent. The proposal takes effect from June 1.The tax is levied on all services, expect a small negative list.
May 25, 2015 at 10:05 | Source: Moneycontrol.com
Credit Suisse maintains underperform rating on the stock with a reduced target of Rs 310 per share. The brokerage expects ITC to underperform till the next Budget, only then the street will get a sense of government's taxation approach.
May 21, 2015 at 17:23 | Source: Moneycontrol.com
Analysts polled by CNBC-TV18 expect volume growth to continue to remain muted in Q4 impacted by four consecutive years of excise duty hikes and corresponding price hikes of 15 percent taken post Union Budget. Cigarette volumes are expected to decline by 9-10 percent, similar to what was seen in last quarter.
May 12, 2015 at 13:21 | Source: CNBC-TV18
April consumer price index (CPI) inflation is likely to see flattish momentum MoM. It is expected to be in 4.8-4.9 percent range, says Jahangir Aziz, JP Morgan.
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.