mydigitalfc.com - Government Finance

IT dept to de-freeze 100 demat accounts

Tue, 06 Apr 2010 16:26:03 +0530

The income tax department will recommend de-freezing of about 100 demat accounts after it found the claims of a few individuals in the frozen accounts to be genuine.

The department

FDI up 15% in February

Wed, 31 Mar 2010 15:23:04 +0530

Foreign direct investment in India grew by 15. 4 per cent to USD 1

Corporate governance norms must for all CPSEs

Thu, 25 Mar 2010 17:38:36 +0530

The government today asked all the 246 central public sector enterprises to mandatorily follow corporate governance norms and business ethics, a step to ensure more transparency in their functioning.

The

Rise in I-T Department pleas in Supreme Court

Tue, 23 Mar 2010 17:19:00 +0530

Inspite of having various appellate tribunals and commissions within its establishment, the Income Tax Department has registered a more than two-fold rise in appeals in Supreme Court in cases involving

Pvt players can issue long-term infra bonds: Pranab

Tue, 23 Mar 2010 16:25:37 +0530

The government today said that the private sector will be allowed to raise resources by issuing long-term infrastructure bonds carrying tax benefits.

Inflation may have peaked, timing of monetary action right: RBI

Mon, 22 Mar 2010 18:08:26 +0530

The Reserve Bank on Monday said the timing of its recent monetary tightening was right and inflation would ease in coming months,subject to normal monsoon and stable world oil prices.

Financial inclusion can ensure double digit growth

Mon, 22 Mar 2010 17:25:21 +0530

RBI Governor D Subbarao today said India can achieve double-digit economic growth if millions of people, who are not covered by financial services, are brought under organised banking system which will raise the overall savings level, a must for 10 per cent or more expansion.

RBI will ensure level playing field in banking sector: Govt

Sat, 20 Mar 2010 14:53:15 +0530

The government today said the Reserve Bank will ensure a level playing field for existing banks, while allowing new players in the banking sector who have to operate on a

Finmin to meet RBI on financial inclusion tomorrow

Thu, 18 Mar 2010 15:00:37 +0530

The Finance Ministry and Reserve Bank officials will meet tomorrow in Mumbai to finalise new technological models for spreading banking activities in unbanked areas, as asked by Finance Minister Pranab

Decision on capital infusion in PSBs by April-end

Wed, 17 Mar 2010 12:15:43 +0530

The government today said it will take a decision to infuse around Rs 16,500 crore capital in the public sector banks by the end of next month.