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Central banks act as euro zone crisis rages

Bank FDs: When less is more
Only investments made before the Direct Tax Code will enjoy tax advantage on maturity amount. Reserve Bank of India's (RBI) pause on the rate hike front has been a welcome move. But, if interest rates for advances were to fall, it is but obvious that deposit rates too will follow. Consequently, senior citizens are rushing to lock-in their funds before high yielding bank fixed deposit (FD) schemes go

House panel seeks progress on direct tax provisions

The Parliamentary Standing Committee on Finance has sought the finance ministry’s response on the suggestions of both stakeholders and the panel in a tabular format on the Direct Taxes Code

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Tax pacts not blocking black money offenders, says govt

As the government draws flak for allegedly not taking forward black money cases under the garb of bilateral treaty clauses, the finance ministry today made it clear that these tax agreements do not

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Pranab moderate on September quarter GDP growth

Union finance minister Pranab Mukher jee admitted here today to a mood of diffidence. "We are suffering from lack of confidence. There is slowdown in legislations to give shape to our reform agenda,"

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DTC Bill unlikely in winter session

After it became clear that the Goods and Services Tax (GST) could not be rolled out by the beginning of the next financial year, hopes were being pinned on the implementation of the Direct Taxes Code

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Debt Investment - Savior in uncertain times

In uncertain times everyone takes comfort with their best friends. Similar is the case with the investor community. Whenever market volatility increases, inflation raises its head, interest rates are

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