Finance - general

Five SBI associates may merge into a new state bank

17 May 2016

The proposal, mooted by All India Bank Employees' Association (AIBEA), is reported to have the backing of union finance minister Arun Jaitley

Govt’s 4-month window for black money holders to open on 1 June

16 May 2016

RBI proposes market-based rates for over-leveraged corporate borrowers

13 May 2016

Indirect tax collection up 41.8% at Rs64,394 cr in April

11 May 2016

Black money trail helps uncover Rs50,000-cr indirect tax evasion

11 May 2016

Govt rescinds order banning PF withdrawal amidst violent protests

19 Apr 2016

With the rescinding of the order, curbs to accessing the entire provident fund corpus, which were to come into effect from 1 May, now stand withdrawn, subject to certain conditions

US firms using loopholes to pay little or no tax

15 Apr 2016

Some of the biggest American companies, including Apple and Coca-Cola, are stashing their profits abroad in order to avoid paying US taxes, studies in the wake of the Panama Papers scandal show

Govt may pay interest subsidy directly to borrowers

12 Apr 2016

RBI report warns states against undue aid to loss-making PSUs, discoms

08 Apr 2016

Panama Papers: Raghuram Rajan says probe will determine legitimacy of accounts

05 Apr 2016

Panama Papers: Multi-agency team to probe money stashed abroad

04 Apr 2016

Finance minister Arun Jaitley said the team comprising investigators from agencies like CBDT, RBI and FIU has been constituted on the advice of the prime minister

Gold monetisation scheme further liberalised to attract potential depositors

01 Apr 2016

RBI announces relaxed norms for external commercial borrowings

31 Mar 2016

Japan commits Rs14,251 cr in ODA loans to India

31 Mar 2016

Centre hikes dearness pay of employees, pensioners by 6 percentage points to 125%

23 Mar 2016

The dearness pay hike that will benefit 5 million employees and 5.8 million pensioners will cost the exchequer over Rs14,725 crore during a 14 month period from 1 January 2016

Atal Pension Yojana amended to make spouse, nominee eligible for pension

22 Mar 2016

Sub-committee set up under high-level panel to review excise duty on jewellery

22 Mar 2016

CBDT panel recommends 10% withholding tax on e-commerce deals

22 Mar 2016

The CBDT panel addresses the key issues of base erosion and profit sharing, including under-taxation of "stateless income" and an unacceptable division of tax revenues