The nodal tourism ministry has proposed to include hotel projects costing in excess of Rs 25 crore in the infrastructure lending list of banks, lowering the threshold limit for hotel
The Securities and Exchange Board of India (Sebi) has allowed alternative investment funds (AIFs) and venture capital funds (VCFs) to invest up to 25 per cent of their funds in
Finance minister Arun Jaitley on Monday said efforts are on to professionalise all personnel-related issues in state-run banks.
For the first time since Independence, Indian farmers would get the right to sell their crops in the open market at minimum benchmark prices, if the government accepts a suggestion to enact a law to boost the rural economy and guarantee income to farmers.
The government on Thursday said it has decided to also exempt foreign investors, other than foreign institutional investors (FIIs), who do not have a permanent establishment in India from Minimum Alternate Tax (MAT) on gains from sale of shares in local companies.
In a big relief to foreign firms, government on Thursday exempted them from paying Minimum Alternate Tax (MAT) retrospectively from April 2001, provided they did not have a permanent establishment in India.
In a bid to rein in domestic retail prices of agriculture commodities, the government on Tuesday extended restrictions on stocking pulses, edible oils and oilseeds by one year.
After all round criticism for trying to curb the Reserve Bank of India’s powers on fixing interest rates, the government has finally agreed on a structure of the proposed monetary policy committee where all levers of decision making on interest rates will remain vested with the central bank.
- Sep21By PTI
Promising a simple and globally competitive tax regime, finance minister Arun Jaitley on Monday said the government is confident of the new GST regime to roll out from the next fiscal.
- Sep20By PTI
The government is considering a proposal to raise FDI limits to 100 per cent in broadcasting carriage and content services, including DTH and cable networks.