Tag archive for ‘By’
By Loknath Das On Tuesday, January 30th, 2018
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Budget 2018: Rate of Income tax in top 10 countries by GDP

crescendo, taxpayers are concerned about the new income tax slabs that will be announced on February 1 as these slabs would determine the amount an individual will have to pay as taxes on their income in FY19. Currently, More...

By Loknath Das On Tuesday, January 23rd, 2018
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Public finances boosted by EU credit, surging VAT receipts

LONDON (Reuters) – Britain’s budget deficit narrowed by much more than expected last month, helped by an unusually large credit from the European Union and the strongest value-added tax receipts on record.   FILE More...

By Loknath Das On Wednesday, January 17th, 2018
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Organised Gold Loan Industry To Touch Rs. 3.1 Lakh Crore By Fiscal 2020, Says Report

Since gold loans are securitised, lenders can recoup the full principal amount if the borrower defaults New Delhi: India’s organised gold loan industry could touch Rs. 3.1 lakh crore by 2019-20 as the More...

By Loknath Das On Monday, November 13th, 2017
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Real Estate, Hit By PM Modi’s Shock Therapy, In Deep Crisis

India’s property sector was already battling a slowdown last year, when Prime Minister Narendra Modi’s crackdown on cash quashed any hope of an imminent revival. Removing 86 percent of cash, at the More...

By Loknath Das On Saturday, October 7th, 2017
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Petrol price cut by Rs 2.5 per litre, diesel by Rs 2.25

Petrol price was on Wednesday cut by Rs 2.5 per litre and diesel by Rs 2.25 following thereduction in excise duty on auto fuels. Petrol in Delhi now costs Rs 68.38 a litre, down from Rs 70.88. A litre of diesel More...

By Loknath Das On Saturday, September 30th, 2017
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Real estate slowdown hits PMC, revenue from building permissions falls by 30 per cent

In the first six months of this financial year, the Pune Municipal Corporation (PMC) has collected less than 20 per cent of its targeted revenue from building permissions, indicating a major slump in the real estate More...

By Loknath Das On Tuesday, September 19th, 2017
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Indian Economy Likely To Become Third Largest By 2028: HSBC

Mumbai: India is likely to overtake Japan and Germany to become the third largest economy in the next 10 years but needs to be consistent in reforms and focus more on the social sector, according to British brokerage More...

By Loknath Das On Saturday, September 16th, 2017
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Indian Banks Need $65 Billion Capital To Meet Basel Norms By March 2019: Fitch

Mumbai: Indian banks will need additional capital of $65 billion to meet all of global Basel III banking rules by March 2019, with state-run lenders accounting for 95 per cent of the requirements, Fitch Ratings More...

By Loknath Das On Tuesday, September 5th, 2017
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RBI Has Directed Resolution Of 12 Accounts By December: Axis Bank

New Delhi: Axis Bank today said the Reserve Bank has asked it to finalise the resolution plan for 12 accounts by December 13, failing which insolvency proceedings will have to initiated against them. In a regulatory More...

By Loknath Das On Thursday, August 31st, 2017
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Senior Income Tax Officials Booked By The CBI On Corruption Charges

NEW DELHI:  The CBI has booked three senior officers of the Income Tax department in connection with alleged entries of payments made to them in a diary recovered during IT raids at a business group’s More...