Opening of bank accounts Raghuram Rajan Committee Report had observed that over 40 per cent of India's working population earn but have no savings. Some of the major recommendations of the committee include:i. expanding access to financial services;i ..
Press Note-: Guidelines for calculation of total foreign investment i e., direct and indirect foreign investment in Indian Companies Investment in Indian companies can be made both by non-resident as well as resident Indian entities. Any non-resident ..
Budget Summary INTERIM BUDGET 2009-2010The Interim Budget highlights the focus on aam aadmi in the development process. The year 2008-09 has seen substantial increase in outlays spanning across sectors.Continuing the trend, the budget for 2009-10 wil ..
Prime Minister approves Interim Budget for presentation. The Prime Minister Dr Manmohan Singh has gone through the interim budget related papers and has formally signed the papers forwarding them to the President. Dr. Singh also approved the interim ..
Highlights of Interim Railway Budget 2009-10 INTERIM RAILWAY BUDGET 2009-10 Review of Financial Performance during the year 2008-09 * Freight loading target retained at 850 mt; number of passengers likely to grow by around 7% over previous year. * ..
Government announces custom duty exemption for newsprint The government today announced special custom duty exemptions to the newspaper and magazine publishing industry in the country. These concessions have been announced in view of the current econ ..
India-Netherlands bilateral trade increases to US $ 7.2 billion in 2007-08 from US $ 3.9 billion in 2006-07 Shri Kamal Nath, Union Minister of Commerce & Industry, has stated that the bilateral trade between India and Netherlands has increased from a ..
Centralized Processing Centre for Income Tax Returns to be set up at Bangalore ________________________________________ The Union Cabinet has approved the proposal of the Income-tax Department to establish a Centralized Processing Centre (CPC) at Ban ..
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