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Debt MF relief: FM says no retro tax, new regime from Jul 11

6 hrs 23 min ago | 26 Comments
Debt MF relief: FM says no retro tax, new regime from Jul 11
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.

News Flash

  • Ashok Leyland Q1 : Revenue At Rs 2,477.8 Cr Vs CNBC-TV18 Poll Of Rs 2,420 Cr

  • Ashok Leyland Q1 : Net Loss At Rs 48 Cr Vs CNBC-TV18 Poll Of Rs 76 Cr Loss

  • Market On Friday : Sensex closes Down 145 points (0.6%) at 26,126

  • Market On Friday : Nifty closes Down 40 points (0.5%) at 7790

  • Market On Friday : CNX Midcap Index closes Down 1.3%

  • Market On Friday : Nifty Junior & Bank Nifty close Down 1.4% each

  • Market On Friday : BSE Small Cap closes Down 1.9%

  • Market On Friday : NSE Advance-Decline ratio at 1:3

  • Market On Friday : Total market turnover at Rs 5.32 lakh cr

  • CNBC-TV18 ALERT : You can watch CNBC-TV18 on Tata Sky on channel 522

  • Finance Minister : Aim to list Rashtriya Ispat & Hind Aeronautics in FY15

UCO Bank to focus on recovery & upgrading distressed assets

Arun Kaul, Chairman, UCO Bank says despite the slowdown in net interest income and profit growth, the asset quality of the bank has improved considera...

Confident this will be a year of robust growth: Firstsource

In an interview to CNBC-TV18’s Reema Tendulkar and Nigel D’Souza, Sanjiv Goenka, Chairman, Firstsource Solutions spoke about his plans and outlook...

Turnaround based on operational, not FX, gains: Century Ply

In an interview with CNBC-TV18, Sajjan Bhajanka, Chairman,Century Plyboards talks about the company's quarterly figures and the roadmap hereon.

Will clock 20-25% revenue growth ahead: PI Industries

"We have a pretty good order book position. The agri business has performed pretty well in Q1," Mayank Singhal, MD & CEO, PI Industries said.

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