24 Aug 2014
New Delhi: Idea Cellular has launched a mobile wallet service Idea Money which allows customers to conduct transactions like prepaid mobile recharges, DTH recharges, utility bill payments and money transfers.
10 Jul 2014
New Delhi: The government on Thursday earmarked Rs two crore for anti-corruption body Lokpal and deducted about Rs 94 lakh from last fiscal's Rs 21.29 crore allocation to Central Vigilance Commission (CVC) in the Union Budget.
21 Aug 2014
New Delhi: The Empowered Committee (EC) of state Finance Ministers on Wednesday resolved to lower the threshold limit for imposing the proposed Goods and Services Tax (GST) from Rs 25 lakh (Rs 2.5 million) to Rs10 lakh (Rs one million) and asked that states be given the legal powers to collect tax from businesses with annual turnover of up to Rs 1.5 crore (Rs15 million).
14 Aug 2014
New Delhi: Accepting the Opposition’s demand, the NDA government on Thursday referred the Insurance Bill to the Select Commiteee of Rajya Sabha and asked it to send the report by the last day of first week of next Parliamentary Session.
19 Aug 2014
New Delhi: With state finance ministers having dropped the issue of compensation in lieu of a cut in the central sales tax from the agenda of their upcoming meeting on implementing the Goods and Services Tax (GST), the major hurdle appears to have cleared in reforming India's indirect tax regime.
04 Aug 2014
New Delhi: A bill was introduced in Lok Sabha on Monday to amend the securities market laws that would give more teeth to Sebi to crackdown on fraudulent investment schemes, seek information from any entity related to a probe and also provide for setting of special courts to ensure speedy trial.
04 Aug 2014
New Delhi: Reaching out to Congress, Finance Minister Arun Jaitley on Monday said the government is open to minor modifications in insurance Bill for its passage in the current session of Parliament.
25 Jul 2014
New Delhi: The government on Friday announced some concessions for mutual fund (MF) industry and income tax payers, while committing to low tax regime to promote industrial activity to generate jobs and create more resources to undertake social welfare activities.
24 Jul 2014
New Delhi: The Cabinet on Thursday approved 49 percent foreign investment in insurance companies through the FIPB route ensuring management control in the hands of Indian promoters..
18 Dec 2013
New Delhi: India Inc on Tuesday welcomed the passage of the Lokpal and Lokayukta Bill in the Rajya Sabha, which seeks the creation of an anti-corruption ombudsman throughout the country.