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39 bills, including insurance, to come up during Parliament's Winter Session

Nov 23, 2014 at 12:21 | Source: FirstPost

New Delhi: Thirty-nine bills including the much-delayed insurance bill and the goods and services tax bill are expected to come up during the month-long Winter Session of Parliament beginning next week.A meeting of Secretaries of various Ministries a...

Income Tax Department Conducts Searches on Sahara Group in Delhi, NCR

Nov 23, 2014 at 00:00 | Source: NDTV Profit

New Delhi: The Income Tax department on Saturday conducted searches on the premises of Sahara group in the national capital and adjoining areas on charges of tax evasion. Sources said the searches were launched by the taxmen at at least three&nbs...

Arun Jaitley Against Burdening Salaried, Middle Class

Nov 23, 2014 at 00:00 | Source: NDTV Profit

New Delhi: Finance Minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the net. In fact, he would encourage more money being put in the ...

Government to Have a Relook at Tax Treaties to Unearth Black Money: Finance <b>...</b>

Nov 23, 2014 at 00:00 | Source: NDTV Profit

New Delhi: Faced with the daunting task of getting back black money stashed abroad, government on Saturday said it was having a relook at some of the bilateral tax treaties signed with foreign countries that may be hindering the repatriation of the m...

Portuguese police arrest ex-PM Socrates in corruption investigation

Nov 22, 2014 at 21:30 | Source: FirstPost

LISBON (Reuters) - Portuguese police have arrested former Socialist prime minister Jose Socrates and three other people in an investigation of suspected tax fraud, corruption and money-laundering, the Prosecutor General's office said on Saturday.It s...

Finance Minister Arun Jaitley against burdening salaried, middle class

Nov 22, 2014 at 20:01 | Source: IBNLive

New Delhi: Finance Minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the net. In fact, he would encourage more money being put in the ...

Saradha scam: Court rejects Srinjoy Bose's bail plea, remands to 4 days' custody

Nov 22, 2014 at 18:54 | Source: FirstPost

Kolkata: A court here today rejected the interim bail plea of Trinamool Congress Rajya Sabha MP Srinjoy Bose, arrested by CBI in connection with the Saradha chit fund scam case, and remanded him to four days police custody.Chief Judicial Magistrate (...

Axe hangs over LPG subsidy for rich

Nov 22, 2014 at 08:07 | Source: Calcutta Telegraph News

New Delhi, Nov. 21: The government is considering a proposal to scrap cooking gas subsidy for the rich. “The next important decision that India will have to take is whether people like me...(should be) entitled to an LPG subsidy. I think the s...

HSBC's private banking arm under investigation in France

Nov 22, 2014 at 08:07 | Source: BBC

HSBC's private banking arm, which is based in Switzerland, is under formal investigation in France, days after being accused of tax fraud by the Belgium authorities. French magistrates will examine whether the bank helped some clients to avoid p...

Unsustainable Tax Demand Would Only Earn Bad Name: Jaitley

Nov 21, 2014 at 22:00 | Source: NDTV Profit

Finance Minister Arun Jaitley today said that an unsustainable tax demand would only earn the country a bad name as an investment destination, comments that come in the wake of tax department losing its battle against Shell in Mumbai High Court....

Unsustainable Tax Demand Would Only Earn Bad Name: jaitley

Nov 21, 2014 at 20:00 | Source: NDTV Profit

Finance Minister Arun Jaitley today said that an unsustainable tax demand would only earn the country a bad name as an investment destination, comments that come in the wake of tax department losing its battle against Shell in Mumbai High Court....

Malaysia to end petrol and diesel subsidies

Nov 21, 2014 at 18:57 | Source: BBC

Malaysia plans to end decades-old petrol and diesel subsidies from next month in an attempt to save billions of dollars and reduce its fiscal deficit. The government said prices of a popular grade of petrol and diesel would be fixed according to a ma...

Abe Listening to Krugman After Tokyo Limo Ride on Abenomics Fate

Nov 21, 2014 at 18:01 | Source: Bloomberg

When Japanese economist Etsuro Honda heard that Paul Krugman was planning a visit to Tokyo, he saw an opportunity to seize the advantage in Japan&#39;s sales-tax debate. With a December deadline approaching, Prime Minister Shinzo Abe was consider...

Hard to Hit Tax Revenue Target, Credit Weak: Jaitley

Nov 21, 2014 at 18:00 | Source: NDTV Profit

New Delhi: Finance Minister Arun Jaitley said on Friday it would be hard to hit tax revenue targets in this fiscal year, with weak credit demand underscoring his concern about the state of the economy. In a speech, Jaitley said that while he expected...

The Narendra Modi government is expected to push a slew of reform bills in the <b>...</b>

Nov 21, 2014 at 18:00 | Source: NDTV Profit

New Delhi: Prime Minister Narendra Modi is increasing his focus on economic reforms including raising the cap on foreign investment in the insurance sector and changes to tax and labour rules that could accelerate recovery, but he faces stiff opposit...

Here Is Your Look at Status of Pending Reforms

Nov 21, 2014 at 16:00 | Source: NDTV Profit

New Delhi: Prime Minister Narendra Modi is increasing his focus on economic reforms including raising the cap on foreign investment in the insurance sector and changes to tax and labour rules that could accelerate recovery, but he faces stiff opposit...

Japan: Lower house of parliament dissolved ahead of snap polls

Nov 21, 2014 at 12:51 | Source: FirstPost

Tokyo: The lower chamber of Japan's parliament was dissolved Friday in readiness for a general election, expected next month, as Prime Minister Shinzo Abe seeks to consolidate his grip on power and reinvigorate his economic drive."In accordance ...

Japan PM Shinzo Abe dissolves parliament for election

Nov 21, 2014 at 12:17 | Source: BBC

Japan's Prime Minister Shinzo Abe has dissolved parliament, paving the way for a snap election. Mr Abe is seeking a new mandate for economic reforms and is delaying an unpopular increase in sales tax. But opinion polls conducted by local media i...

New colleges to 8,00,000 jobs: Here's how Kerjiwal is wooing Delhi youngsters

Nov 21, 2014 at 11:42 | Source: FirstPost

New Delhi: Aam Aadmi Party chief Arvind Kejriwal on Saturday launched the party's Delhi Dialogue campaign and wooed the national capital's youth by promising 8,00,000 jobs, vocational training, stadia, new colleges and Wi-Fi across the city.Delhi is ...

Obama's immigration orders will protect 5 million from deportation

Nov 21, 2014 at 11:16 | Source: FirstPost

Washington: President Barack Obama invited a showdown with newly empowered Republicans in Congress, ordering far-reaching changes to the US immigration system that will protect nearly 5 million people from deportation while testing the limits of his ...

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