Telecom department says spectrum can't be used as collateral because it's government property
For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
Only Rs 3,000 cr has been disbursed. Over 80% of these transfers were for cooking gas subsidy.
Details of identity and residence will not be required for exchange of notes between April 1 and June 30.
To check fiscal deficit, government needs to drastically cut Plan expenditure.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
The fourth finance ministerial meeting, to be held in New Delhi, will have Finance Minister P Chidambaram from the Indian side and Hyun Oh-seok, Deputy Prime Minister and minister of strategy and finance, from South Korea.
Common return for excise duty and service tax was envisaged when 119 services were taxed.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
Years of wait before DTC, GST are rolled out
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
At least five state-run banks on central bank's radar for lax credit appraisal
Survey likely to be tabled in July by the new government.
The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent Account Number (PAN) from the tax department.
Revenue dept says changes in I-T Act require Parliament nod; new regime to wait till Budget in June-July 2014.
About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow
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