Finance Bill 2015

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Govt includes subsides under income in Fin Bill amendment

The definition of income has been amended to include any subsidy, grant, waiver, cash incentive or similar assistance. This has been a vexed issue for long.
Jaitley drops PDMA; RBI to regulate govt bonds for now

The government, in consultation with the Reserve Bank, will prepare a roadmap to pursue a separate debt management agency later in line with the global practice.

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Finance Bill 2015

Govt includes subsides under income in Fin Bill amendment

Jaitley drops PDMA; RBI to regulate govt bonds for now