Jul 25, 2014 at 16:08 | Source: CNBC-TV18
The formation of a high-level committee was announced by Finance Minister Arun Jaitley in the Union Budget and would come in with a mandate to, among other things, sort through the retrospective taxation issue that came up during the tenure of the previous UPA government.
Jul 25, 2014 at 12:45 | Source: CNBC-TV18
Union Finance minister Arun Jaitley assured investors of a stable tax regime while promising to bring in goods and services tax (GST) in this year itself. He ruled out imposition of long term capital gain tax on debt mutual funds retrospectively.
Jul 25, 2014 at 11:35 | Source: CNBC-TV18
According to CNBC-TV18 poll estimates, profit after tax is expected to fall by 21.1 percent to Rs 41.8 crore and net interest income is likely to decline by 22.6 percent to Rs 221.8 crore compared to same quarter last fiscal.
Jul 25, 2014 at 10:03 | Source: CNBC-TV18
According to CNBC-TV18 poll estimates, profit after tax of the bank may fall 10 percent at Rs 1,148 crore compared to Rs 1,275 crore in same quarter last fiscal while analysts expect net interest income to increase 8.3 percent year-on-year to Rs 4,230 crore in the quarter ended June 2014.
Jul 24, 2014 at 22:20 | Source: CNBC-TV18
Finance Minister Arun Jaitley says it is too early to say whether the Indian economy is getting out of a challenging situation. Jaitley was replying to the debate on the Union Budget 2014 in the Rajya Sabha. He said the recent data only showing initial signs of inflation coming down.
Jul 24, 2014 at 15:09 | Source: Moneycontrol.com
The Finance (2) Bill 2014 contains may of amendments to the Income-tax Act, 1961 specially with reference to the Real Estate Sector.
Jul 24, 2014 at 14:53 | Source: Moneycontrol.com
The Annual Budget presented by the Narendra Modi team offers many tax savings opportunities and cheaper products for the common man.
Jul 23, 2014 at 21:13 | Source: CNBC-TV18
As a part of an attempt to assuage hurting western sentiments, the finance minister as a part of the Budget speech had said that the retrospective amendment had given rise to various cases which are at different stages of pendency.
Jul 23, 2014 at 13:26 | Source: CNBC-TV18
"If somebody has invested last year and expecting capital gains, he has to now pay short-term capital gains instead of long-term capital gains. So at least that investor part is taken care of," ayesh Mehta, MD & country treasurer, Bank of America said.
Jul 23, 2014 at 10:48 | Source: CNBC-TV18
Total income is expected to rise by 3 percent to Rs 1,804 crore in June quarter from Rs 1,751 crore in same quarter last year while profit after tax may grow 32.7 percent on yearly basis to Rs 52.6 crore in second quarter of current calendar year 2014 led by operational performance, according to CNBC-TV18 poll estimates.