India opened up its economy to the private sector in 1991.
Prime Minister also underlined the need for increasing the number of tax payers to 10 crore.
'Budget document should not be treated as something secret any longer.'
India has joined global efforts to combat global tax evasion.
'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'
The leaked list contains the name of Union minister Jayant Sinha, who responded by saying that the transactions were not done for any 'personal purpose'.
The government said on Tuesday it has advised capital market regulator Securities and Exchange Board of India to make regulations for investment advisors.
Participatory notes are instruments through which foreign investors trade in the country's equity and debt markets.
In a bid to help people who have unclaimed deposits lying with banks, the Reserve Bank of India on Monday directed banks to prominently display such account holders' names on the websites and provide them with a "Find" option to locate the information easily.
On Thursday, Petroleum Minister Murli Deora had also informed Parliament that the government under instruction from United Progressive Alliance Chairperson Sonia Gandhi is not proposing any fuel price increase despite crude nearing $100 a barrel mark. Crude oil prices have risen by almost 50 per cent since the UPA government assumed office, but only a fifth of that has been passed on to the customers.
The loans taken have come down and hence the net capital inflow has reduced.
Congress spokesperson Randeep Surjewala claimed officials of Skylight Hospitality have visited ED numerous times and supplied them whatever documents required but they have not been able to find anything either against Vadra or his company or associates.
Rajan will evolve a policy with the help of professional persons for a national consensus if we have to carry on with implementing social and economic changes in a complex economy.
The government is considering to bring all international payment gateways like Visa and MasterCard under the ambit of law, whereby they would have to report suspicious transactions to the security agencies.
Three Pakistani banks, including Habib Bank, National Bank of Pakistan and United Bank, have expressed interest in opening branches in India.
Public banks may have a tough time in 2015 as they had to write off Rs 1 trillion.
Modi will get the maximum chunk of the session time.
Earlier, in view of the alleged harassment of customers by ICICI Bank's recovery agents and the judgement of the Supreme Court, the bank was advised by RBI in August to investigate and take action against the recovery agents involved. The bank was also advised to look into the system of appointing and reviewing performance of recovery agents and undertake comprehensive review of customer complaints at the highest levels.
Government said on Tuesday over 1.74 lakh applications for permanent account number cards were still pending as on November 30.
Pensioners, India Inc may get tax breaks in Budget
The government holds stakes ranging from 56% to 84% in 27 state-run banks.
More than half of the total number of IPOs listed on BSE and NSE in the last two years are trading below their offer price, with around one-third of them trading at a discount of 40-60 per cent, Parliament was informed on Tuesday.
Only after its recommendations will the central GST, integrated GST and state GST Bills be taken up
Govt sees little Fed hike impact on 'fortressed' Indian markets.
The Directorate of Revenue Intelligence has booked cases at Mumbai and Delhi against private airlines Jet Airways and Air Sahara for non-payment of customs duty, the Lok Sabha was informed on Friday.
As many as 15 multi-national firms like Nokia, Sony, Samsung and Ericsson have been found guilty of violating foreign exchange regulations and a penalty of over Rs 42 crore (Rs 420 million) has been imposed on them.
Insurance sector to get lot of foreign investment: Jaitley.
The Budget has proposed a Benami Transactions (Prohibition) Bill.
The insurance sector is going to get a big boost.
Such campaigns would badly affect players in the traditional retail market.
Government on Tuesday made it clear that full float of rupee would be allowed only after putting in place a regulatory mechanism to ensure financial stability and creating congenial atmosphere like containing revenue and fiscal deficits.
'Efforts to roll out GST from next fiscal'
The case related to two Sahara Group firms --Sahara Housing Investment Corporation Ltd and Sahara India Real Estate Corp Ltd -- raising more than Rs 24,000 crore (Rs 240 billion) from an estimated 3 crore (30 million) investors through issuance of certain bonds between 2008-2009.
The G20 in 2013 had unanimously agreed to a 15 point action plan to check BEPS
The government said on Tuesday public sector insurance companies do not intend to deny the facility of mediclaim to those above 55.
Senior Nationalist Congress Party leader Chhagan Bhujbal on Tuesday alleged that he was being targeted by the Bharatiya Janata Party government as he belonged to a backward community and because some people were trying to settle scores with him.
Amid speculations that home and personal loan rates may go up, government said on Wednesday the 0.25 per cent hike in Reserve Bank of India's short term lending rate is not intended to make loans costlier but to make banks self sufficient.
Rejecting the demand for referring Insurance Bill to a Select Committee, the government on Thursday said the Congress was 'stonewalling' the key reform measure to deny credit to Prime Minister Narendra Modi before he goes to the United States.
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