Finance Minister Jaswant Singh will launch screen-based retail trading in government securities (G-sec) on the stock exchanges
One-time solution for IDBI, IFCI soon: FM
In the first big ticket measure towards full capital account convertibility, the government announced that mutual funds could invest abroad up to $1 billion in listed companies.
Finance Minister Jaswant Singh will soon convene a meeting of state chief ministers to work out details for implementation of the much-delayed value added tax in the country.
The Vijay Kelkar task force on direct and indirect taxes, submitted its report to Finance Minister Jaswant Singh.
Stung by widespread criticism within the ruling Bharatiya Janata Party, Kelkar Committee on tax reforms is expected to submit watered down final reports on direct tax and indirect taxe
Terming the 13 economic bills cleared during the Parliament session as 'building blocks for the future', the finance minister said the government is geared up to hasten reforms.
Parliament Tuesday approved the Companies (Amendment) Bill, 2002 with Rajya Sabha returning it after Finance Minister Jaswant Singh assured that a comprehensive legislation on the subject would be introduced in the budget session of the Parliament.
Finance Minister Jaswant Singh said on Friday that the economy was too serious a matter to be budget-centric and a constant and year-long attention was required to ensure a higher growth.
The finance ministry's proposal to set up a National Tax Tribunal has moved a step closer with the law ministry finding no objection with the plan.
The government on Thursday approved a slew of foreign direct investment proposals worth Rs 193 crore (Rs 1.93 billion) including one by global courier service major DHL Worldwide to enhance stake in its domestic arm.
Finance Minister Jaswant Singh on Wednesday cleared 30 foreign direct investment proposals worth Rs 130.25 crore.
The National Stock Exchange said on Thursday it would launch trading in interest rate futures on June 24, more than a week later than originally planned.\n\n
Union Finance Minister Jaswant Singh said on Monday that the government was confident of achieving the inflation target of 4.5 per cent for 2003-04 and ruled out any revision.
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