Vrishti Beniwal And Jyoti Mukul

Stories by Vrishti Beniwal And Jyoti Mukul

Korea eyes better banking footprint in India

Korea eyes better banking footprint in India

Rediff.com   7 Jan 2014

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 service tax, excise duty on back burner

Common return for service tax, excise duty on back burner

Rediff.com   6 Jan 2014

Common return for excise duty and service tax was envisaged when 119 services were taxed.

Implementation of tax reforms unlikely before 2016

Implementation of tax reforms unlikely before 2016

Rediff.com   23 Dec 2013

Years of wait before DTC, GST are rolled out

In damage-control mode, UPA may offer pre-poll sops

In damage-control mode, UPA may offer pre-poll sops

Rediff.com   16 Dec 2013

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.

Economic Survey unlikely in February

Economic Survey unlikely in February

Rediff.com   5 Dec 2013

Survey likely to be tabled in July by the new government.

Sumit Bose likely to head PFRDA

Sumit Bose likely to head PFRDA

Rediff.com   3 Dec 2013

The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.

Govt zeroes in on six firms for divestment

Govt zeroes in on six firms for divestment

Rediff.com   27 Nov 2013

Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore

Govt's proposal to tax the super rich may not find takers

Govt's proposal to tax the super rich may not find takers

Rediff.com   20 Nov 2013

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.

Half of the traders don't have PAN

Half of the traders don't have PAN

Rediff.com   20 Nov 2013

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.

Sebi move on FPI regime grounded

Sebi move on FPI regime grounded

Rediff.com   19 Nov 2013

Revenue dept says changes in I-T Act require Parliament nod; new regime to wait till Budget in June-July 2014.

New bank licences: First-level screening of applications on Dec 16

New bank licences: First-level screening of applications on Dec 16

Rediff.com   15 Nov 2013

Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.

Petro products help lift dwindling tax collections

Petro products help lift dwindling tax collections

Rediff.com   7 Nov 2013

Increase in first half of FY14 comes despite a fall in average crude prices; weak rupee helps.

IMF team coming to check India's economic health in Nov

IMF team coming to check India's economic health in Nov

Rediff.com   27 Oct 2013

Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society

FM to grill govt banks' chiefs on Tuesday

FM to grill govt banks' chiefs on Tuesday

Rediff.com   21 Oct 2013

Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things

FinMin worried over tax mop -up

FinMin worried over tax mop -up

Rediff.com   18 Oct 2013

Chidambaram to meet revenue boards on how to get much more and quickly; special audits and notices among measures likely.

RIL's wait for higher gas price to get longer

RIL's wait for higher gas price to get longer

Rediff.com   12 Oct 2013

Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.

FinMin questions IMF's GDP growth projections

FinMin questions IMF's GDP growth projections

Rediff.com   10 Oct 2013

IMF projected India's economic growth at 4.25% in 2013-14.

Construction firms top service tax amnesty charts

Construction firms top service tax amnesty charts

Rediff.com   9 Oct 2013

As of September, account for bulk of applications for availing of the government's amnesty scheme.

Stability returns to North Block

Stability returns to North Block

Rediff.com   7 Oct 2013

The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.

FinMin chalks out strategy to limit US shutdown damage

FinMin chalks out strategy to limit US shutdown damage

Rediff.com   4 Oct 2013

India may be hit if stalemate in Washington persists over two weeks.