Aspirants banking on experience and domain knowledge of veterans
Finance ministry gives bank boards the flexibility to decide whether the stipulated tenure of rural/semi-urban experience should be continuous or in parts.
The first such interaction would be in Mumbai on Monday.
Banks will ask the banking regulator to defer the higher provisioning norms on standard restructured advances.
I-T dept plans a different set of parameters to identify more people not paying dues properly.
Finance, oil ministry tussle over exports.
This time, Finance Minister P Chidambaram, who attended the first such retreat in 2008, would be present.
To recover dues from 50 top defaulters; finance ministry wants proceedings fast-tracked.
Looks at sovereign funds and Fortune 500 firms.
Tax department plans to link PAN with the bank account number to eliminate the scope of the amount being transferred to a wrong account number.
Govt moves to bring in more clarity on definition of 'control'.
May emphasise that the country is back on the fiscal consolidation path by reining in fiscal deficit at 5.2%.
The official added though this would be the last batch of letters this year, more PAN card holders would receive such notices from the income tax department next year.
That bliss is set to end soon, with the finance ministry planning to make it mandatory for individuals and Hindu undivided families to report assets and liabilities in income-tax return forms.
Set to be allowed to apply for bank licences in the final guidelines expected by the end of the month
Separate investment limits have been proposed for life and health insurance premium.
Move seen as prelude to GST rollout; rules for Cenvat credit also likely to be simplified.
As part of Budget 2013-14 proposals, it is considering widening the scope of source-based taxation to more areas to improve reporting mechanism for transactions.
FM to meet states on Feb 14, approve key decisions.
Also being considered is Rs 50 lakh-1 cr taxable income bracket.
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