Mar 20, 2015 at 08:23 | Source: PTI
Calculating national income with 2011-12 as the base year, the CSO revised the growth for 2013-14 to 6.9 percent. Growth rate was earlier calculated with 2004-05 as base year. Members, during the debate on General Budget, contended that high growth rate as projected was not visible on the ground.
Mar 19, 2015 at 17:14 | Source: PTI
Although this is more than the initial target of Rs 3,850 crore, it is just about 20 percent of the amount raised in the previous fiscal. In 2013-14, firms had collectively raised Rs 42,383 crore via 35 issues.
Mar 18, 2015 at 16:53 | Source: PTI
The tax foregone - customs duty and central excise duty including rebate - under the SEZ scheme was Rs 10,440 crore in 2013-14.
Mar 13, 2015 at 21:22 | Source: PTI
During 2000-01 to 2013-14, the life insurance business registered a growth of 1 percent in total premium and 21 percent in new business premium collections and non-life segment grew by 16 percent.
Mar 09, 2015 at 14:06 | Source: Moneycontrol.com
Autolite has informed that a meeting of the Board of Directors of the Company will be held on March 17, 2015, to consider conversion, into equity shares out, of warrants which were allotted to promoters and their associates on Oct 16, 2013 and the issue of which was approved by the shareholders at 36th AGM of the Company held on Sept 14, 2013.
Mar 08, 2015 at 10:45 | Source: PTI
These imports have continued to rise from 2011-12, when they totalled Rs 59,447.40 crore, to Rs 61,539.01 crore in 2012-13. They reached Rs 74,116.21 crore in 2013-14, according to the government data.
Mar 05, 2015 at 18:30 | Source: PTI
India opened up its economy to the private sector in 1991. The 14th Finance Commission has recommended higher share to the states in central taxes. It suggested to increase shares of states to 42 percent from current 32 percent.
Mar 03, 2015 at 18:09 | Source: PTI
Last November, Air India had shuttered its booking offices in Chittagong and Vienna while the office in Zurich was closed down in October 2014. In 2013-14, it had offices at nine foreign locations where it has no flights.
Feb 28, 2015 at 18:00 | Source: PTI
Union Finance Minister Arun Jaitley today announced hike in service tax from 12.36 percent to 14 percent for travel by air in first and business class in the Budget, making it costlier.
Feb 28, 2015 at 15:17 | Source: Moneycontrol.com
GST would play a transformative role and bring about revolution in the Indian economy. The increase in service tax from 12.36% to 14% would ideally be a precursor to introduction of GST.