The quiet corridors of the Planning Commission were again agog with activity following talk that the central government would soon announce the former's much-awaited reconstitution.
As many as 75 million households that do not have access to banking services will be covered and at least one bank account opened for each household, against the earlier proposal of two.
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To get what it thinks are its dues, its brass have directed; construction, realty, renting of property, personnel supply, security & goods transport among those under lens
At a time when the asset quality of state-owned banks is deteriorating, the Reserve Bank of India is also planning harsher penalties for wealthy promoters of wilful defaulters.
This comes after the arrest of Syndicate Bank Chairman S K jain.
The government's disinvestment programme is set to get a boost this Diwali, with the finance ministry planning to hit the market to sell a five per cent stake in Steel Authority of India Ltd (SAIL) by October.
Move to address MNCs' taxation woes; UK likely to be the next.
All these measures will revitalise the manufacturing sector, which has been in doldrums.
Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
The ministry is likely to go by the recommendations of a committee on liberalising external commercial borrowings, headed by M S Sahoo, a former director with the Securities and Exchange Board of India.
The company moved the income-tax appellate tribunal and its appeal is pending there.
FinMin plans tougher targets for bad loans, Casa and others in performance-linked pay for senior management.
The country may propose pipeline via China when Putin visits this year.
Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA
The panel suggested the cess for BS-IV and BS-V fuels should accrue to the Oil Industry Development Board
Cabinet may tweak Rangarajan formula; new price may be further delayed.
Finance ministry considers tax sops, regulation of hospitals to make health care affordable.
The Financial Sector Legislative Reforms Commission had in a report last year proposed a unified regulator for the entire financial sector -- markets, insurance, commodities and pension. It had, however, proposed to keep banking out of its purview for now.
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