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Sebi bats for struggling MFs
The Securities and Exchange Board of India (Sebi) Chairman U K Sinha on Saturday said the capital markets regulator had asked the Union government to allow investments in mutual funds to be made eligible for tax exemptions under the Rajiv Gandhi Equity Savings Scheme (RGESS), announced in this year's Budget. RGESS would allow new retail investors putting in up to Rs 50,000 directly in equities an income

GAAR provisions to be part of DTC to come into effect in April 2013

The General Anti-Avoidance Rule (GAAR), approved under the Finance Act, will be part of the Direct Taxes Code (DTC) Bill to be tabled in the monsoon session of Parliament. The finance ministry

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Many recommendations on DTC to come into effect in 2013-14: FM
With 2014 polls in mind, FM may provide individual tax payers relief despite fiscal constraints

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Is S&P's negative outlook justified?

The outlook cut is based on a weak premise since the economy is expected to rebound this fiscal but a wake-up call was needed Mahesh Vyas Managing Director & CEO, Centre for Monitoring Indian

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Pranab reassures after India rating cut
India's Finance Minister Pranab Mukherjee sought to allay fears of an economic downturn in the country on Wednesday after ratings agency Standard & Poor's downgraded the outlook for Asia's third largest economy.

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Fiscal consolidation a must: ASSOCHAM
New Delhi, Apr 25 (IBNS) Industry body ASSOCHAM said Standard & Poor's (S&P) cutting India's outlook to negative should prompt the government to keep its political compulsions away and demonstrate that the reforms process is well on track.

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Direct tax code Galleries

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Budget 2010: How the new tax c...

Direct tax code Videos

Direct tax code to be made ope...
Direct tax code to be made operational by next year

Direct Tax Code cleared by Cab...
Direct Tax Code cleared by Cabinet

Surat Diamond industry asks ce...
Surat Diamond industry asks central govt to revise taxation code

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