Nayanima Basu And Vrishti Beniwal

Stories by Nayanima Basu And Vrishti Beniwal

India to press for tax info sharing at G20

India to press for tax info sharing at G20

Rediff.com   14 Oct 2011

Finance Minister Pranab Mukherjee is likely to oppose suggestions to introduce a financial transaction tax, commonly known as tobin tax.

India to put its foot down on Asean services deal

India to put its foot down on Asean services deal

Rediff.com   10 Oct 2011

The upcoming round of talks, slated for October 11-12, is expected to be a stormy one.

Smaller firms defy slowdown blues

Smaller firms defy slowdown blues

Rediff.com   7 Oct 2011

The slowdown fear, as substantiated by various parameters like the HSBC Purchasing Managers' Index as well as the Index of Industrial Production, has gripped large companies but the smaller entities still seem hopeful of excellent growth. At least, tax collection figures show this trend.

I-T dept doesn't know what to do with money from Kejriwal fans

I-T dept doesn't know what to do with money from Kejriwal fans

Rediff.com   3 Oct 2011

Kejriwal's supporters have bombarded Income Tax offices with cheques and demand drafts, offering to pay his tax dues.

More high-value deals on I-T radar

More high-value deals on I-T radar

Rediff.com   28 Sep 2011

Under pressure on the black money issue, the government plans to monitor high-value savings and investments more closely to net tax evaders.

Government mulls multi-year approach in Budget planning

Government mulls multi-year approach in Budget planning

Rediff.com   26 Sep 2011

Budget documents in the future may give a preview of the government's finances for the next few years. The finance ministry is considering moving to a multi-year approach in budgeting to utilise resources better and bring in more transparency in accounting, according to official sources.

Gains from falling rupee to be short-term: Exporters

Gains from falling rupee to be short-term: Exporters

Rediff.com   23 Sep 2011

The gains, they say, would not be sustained, and too much volatility in exchange rates does not benefit them.

E-filing of excise, service tax returns mandatory

E-filing of excise, service tax returns mandatory

Rediff.com   20 Sep 2011

E-filing through the Centre's online tax payment application Automation of Central Excise and Service Tax will be a must not only for returns due after October 1, but also for returns of past periods which have not been filed yet or are to be revised.

Disclose black money kept abroad and pay less!

Disclose black money kept abroad and pay less!

Rediff.com   15 Sep 2011

Proposed scheme will not provide immunity to tax defaulters.

FDI in multi-brand retail on the back burner again

FDI in multi-brand retail on the back burner again

Rediff.com   14 Sep 2011

The officials say no "concrete move" has yet been taken to take the matter to the Union cabinet for approval after the recommendation of the Committee of Secretaries (CoS) on July 22 to allow 51 per cent FDI.

FM to revive investor interest during US visit

FM to revive investor interest during US visit

Rediff.com   5 Sep 2011

The four-day tour, beginning September 21, includes World Bank-International Monetary Fund meetings, as well as interactions with investors.

GST: State ministers fly to Europe to take lessons

GST: State ministers fly to Europe to take lessons

Rediff.com   1 Sep 2011

Top ministers from about 20 states and some officials from the finance ministry are leaving for a 10-day trip to Europe next week.

Top guns fail to walk the talk

Top guns fail to walk the talk

Rediff.com   30 Aug 2011

This is not the first time that industry has been slow in responding. The finance ministry had to send repeated reminders to industry captains to get feedback on quite a few discussion papers in recent times.

Industry wait for new bank licences may get longer

Industry wait for new bank licences may get longer

Rediff.com   26 Aug 2011

Industry's wait for new bank licences may get a bit longer as the Reserve Bank of India's (RBI's) suggestions to amend the Banking Regulation Act will not be incorporated in the report of the Standing Committee on Finance in the Banking Laws (Amendment) Bill, 2011.

Will not join rich men's OECD for now: India

Will not join rich men's OECD for now: India

Rediff.com   23 Aug 2011

At present, India is only a member of various committees of the 34-member organisation.

India may allow EU's Pak package

India may allow EU's Pak package

Rediff.com   22 Aug 2011

Around 75 tariff lines or products from Pakistan would get concessional access to European markets for three years.

Only e-payments by PSBs from Sept 1

Only e-payments by PSBs from Sept 1

Rediff.com   22 Aug 2011

Move aimed at speeding up process, checking corruption in funds' transfer.

Govt gets cracking on key reforms hanging fire

Govt gets cracking on key reforms hanging fire

Rediff.com   15 Aug 2011

Nine advisory committees to suggest sector-wise solutions.

Exports: Ghost of 2008 crisis returns to haunt

Exports: Ghost of 2008 crisis returns to haunt

Rediff.com   8 Aug 2011

The US and European markets account for 35 per cent of export revenue and a big portion of volumes.

Panel nods tough riders for retail FDI

Panel nods tough riders for retail FDI

Rediff.com   1 Aug 2011

Emerging consensus is that all state capitals be covered.