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July 05, 2019 04:42 PM IST Currently, the FDI policy allows 100 percent foreign investment in single-brand retail under the automatic route but requires an investor to source 30 percent of the value of goods sold from India
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April 05, 2018 08:49 PM IST With funding support from increased budgetary allocation, and higher Internal and Extra Budgetary Resources(IEBR) including debt funding from institutions like LIC, EPFO, most of the infrastructure segments are expected to witness the increased pace of contract awarding and execution in 2018-19, it said in a statement.
- March 30, 2018 02:18 PM IST
The 2018-19 Budget had after a gap of 14 years reintroduced 10 percent tax on LTCG exceeding Rs 1 lakh from sale of shares.
- March 19, 2018 03:22 PM IST
Passage of the Budget Bill as a money bill (which allows the government to take the combined strength in both houses to push through a bill without debate) is both curious and worrisome
- February 22, 2018 12:38 PM IST
The labour and the finance ministry will carry out further deliberations over the issue.
- February 19, 2018 02:53 PM IST
In conversation with Moneycontrol, Pravir Pandey, vice chairman of IWAI, said that the amendment to Central Road Fund Act, 2000, to address the financial need for development of waterways is ‘significant’
- February 19, 2018 08:29 AM IST
After inaugurating the 'Magnetic Maharashtra' Investors Summit in suburban Bandra, he said the budget was not limited to outlay, its focus was on the outcome.
- February 17, 2018 08:24 PM IST
The website, www.arunachalbudget.in, presents some economic data about the state to help the people put forward their suggestions for the Budget to be presented in the Assembly next month.
- February 16, 2018 11:42 AM IST
The IMF has welcomed the fiscal deficit target set by India in its annual budget and noted that the country is returning to the path of gradual fiscal consolidation.
- February 16, 2018 10:58 AM IST
In the budget, Jaitley had announced a mega healthcare plan to provide 10-crore poor families with insurance cover against hospitalisation that will cost up to Rs 12,000 crore annually.
- February 14, 2018 02:41 PM IST
To understand how significant the provisions of the Budget are, one must go back in the past where gold was largely been treated only as a commodity – albeit a precious one.
- February 15, 2018 10:52 AM IST
LTCG Tax is applicable only on equity-oriented mutual funds which hold more than 65% of assets in equities. There is no change in debt fund taxability.
- February 12, 2018 06:16 PM IST
The mega healthcare scheme is likely to be launched either on August 15 or October 2.
- February 12, 2018 03:14 PM IST
According to Panagariya, the argument that protection would help the MSMEs needs to be carefully scrutinised.
- February 11, 2018 12:00 PM IST
The scheme, which would be the world's largest government healthcare programme, was announced in 2018-19 Budget for providing medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable families, constituting 40 percent of India's total population.
- February 10, 2018 12:37 PM IST
As a result of the tax benefit, as many as six crore active folio holders in mutual funds would now have more incentive to invest in ETF, says Neeraj Kumar Gupta
- February 10, 2018 09:37 AM IST
The parliamentary affairs ministry said that first phase of the session yielded a total of seven sittings of the Lok Sabha and eight sittings of the Rajya Sabha.
- February 09, 2018 09:14 PM IST
The MPs' success is linked to the party's performance, the prime minister told the BJP parliamentary meeting, the leaders said.
- February 09, 2018 05:02 PM IST
The customary post-budget meeting is taking place this time against the backdrop of hardening bond yield and apprehensions that interest rates may rise.
- February 08, 2018 10:27 PM IST
Economic Affairs Secretary Subhash Chandra Garg touched upon the reasons why the Budget 2018 proposals will be beneficial for the India's economic growth.
- February 08, 2018 08:28 PM IST
The former Finance Minister also asked whether the government will suggest the ILO to include those selling pakodas in its definition for employment.
- February 08, 2018 01:23 PM IST
These three insurers that will be merged have an average of 14,000-16,000 employees and a few thousand will be let go
- February 08, 2018 12:04 PM IST
The LTCG tax burden that is applicable to equity mutual funds does not extend to unit-linked insurance plans.
- February 07, 2018 04:27 PM IST
The central bank has cut GVA guidance for FY18 to 6.6 percent from 6.7 percent earlier and for FY19 the guidance has been cut to 7.2 percent from 7.4 percent
- February 06, 2018 10:15 PM IST
Sinha said the budget had announced a number of schemes, particularly in the health sector, which were not properly thought out.
