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2011: Tough year for realty, no respite seen in short-run

Black money: Snoop agencies report real estate as top violator
Economic intelligence agencies have informed the Finance Ministry that a major chunk of illegal funds and black money is being generated and routed in the real estate sector of the country. Special departments like the Central Economic Intelligence Bureau (CEIB), Income Tax (Intelligence) and the Directorate General of Excise Intelligence have alerted enforcement agencies like the Enforcement Directorate

Negative signals being sent to investors: Rajat Nag

Asian Development Bank (ADB) Managing Director Rajat Nag says Standard and Poor's (S&P) move to cut the outlook on India’s ratings from stable to negative would have a

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Slow hiring bad news for US economy, Obama
Employers cut back on hiring in April and more people stopped looking for work, troubling signs for President Barack Obama whose re-election prospects could hinge on his handling of the economy.

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U.S. hiring slows, spells trouble for economy, Obama

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RPT-New India tax evasion rule not retroactive-sources
story issued late on Thursday)

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GAAR may be put off by a year
The finance ministry may defer the implementation of the controversial General Anti Avoidance Rule (GAAR) by a year, as investors have demanded more time for compliance.

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Income Videos

Koda made Rs 400 cr hawala tra...
Koda made Rs 400 cr hawala transaction: I-T dept

Damodar Modi's aide alleges fo...
Damodar Modi's aide alleges foul play

No tax for income up to Rs 1.6...
No tax for income up to Rs 1.60 lakh/pa

Surcharge on Personal Income T...
Surcharge on Personal Income Tax scrapped

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