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First casualty of Budget 2014: Fund houses cancel, defer FMPs as they seek Sebi aid

Jul 14, 2014

First casualty of Budget 2014: Fund houses cancel, defer FMPs as they seek Sebi aid

With the Finance Minister reducing the arbitrage between Fixed Maturity Plans and bank fixed deposits, fund houses are deferring their scheme hoping that he will change his mind. #Mutual Funds #Arun Jaitley #Tax #Bonds #fund houses #Budget 2014 #FMP
Saradha scam: Mithun Chakraborty may record statement with CBI

Jul 13, 2014

Saradha scam: Mithun Chakraborty may record statement with CBI

CBI may examine Bollywood actor and Trinamool Congress Rajya Sabha MP Mithun Chakraborty in connection with its probe in the Saradha ponzi scam as the agency has found that he was allegedly part of the promotion exercise undertaken by the promoters. #India #Mithun Chakraborty #Saradha #Saradha Chit fund scam #Saradha scam
Budget 2014: How the FM has penalised bond fund investors

Jul 11, 2014

Budget 2014: How the FM has penalised bond fund investors

The new tax law has however clubbed all non-equity schemes along with FMPs. #Mutual Funds #Bond #Arbitrage #Budget 2014 #FMP
The taxman cometh: Budget 2014 hints at Modi crackdown on NGOs

Jul 11, 2014

The taxman cometh: Budget 2014 hints at Modi crackdown on NGOs

The leak of the IB report on NGOs allegedly destabilising the Indian economy has been backed by a statement of intent in the budget to tighten the screws on NGOs' funding and tax exemptions. #Narendra Modi #PoliticsDecoder #Intelligence Bureau #Tax exemption #NGOs #Greenpeace #Infrastructure Projects #Gujarat Model #Foreign funding #Budget 2014 #environmentalist
Court allows ED to take Sudipta Sen on remand for 10 days

Jul 11, 2014

Court allows ED to take Sudipta Sen on remand for 10 days

A local court on Thursday allowed the Enforcement Directorate (ED) to take Saradha Group chief Sudipta Sen on remand for ten days. #India #Enforcement Directorate #NewsTracker #Kolkata #Bhubaneswar #ED #Sudipta Sen #Saradha #Chit fund scam #Saradha scam
Budget 2014: Jaitley's tax sops help salaried class save up to Rs 40 K

Jul 10, 2014

Budget 2014: Jaitley's tax sops help salaried class save up to Rs 40 K

The Budget for 2014-15 raised individual income tax limit from Rs 2 lakh to Rs 2.5 lakh for citizens up to 60 years of age and from Rs 2.5 lakh to Rs 3 lakh for persons above 60 years. #ThisisNext #KPMG #Arun Jaitley #PPF #Income tax #Tax exemption #provident fund #Budget2014
Ebiz, E-kranti initiatives to enhance technology usage in India: NASSCOM

Jul 10, 2014

Ebiz, E-kranti initiatives to enhance technology usage in India: NASSCOM

The proposal to set-up a Rs 10,000 crore fund for start-ups and entrepreneurs will act as a great booster for the growing start-up landscape, says NASSCOM. #Technology #Nasscom #fund #Start up #Budget 2014 #eBiz #E-kranti
Centre announces Rs 1,500 cr for irrigation, checking prices

Jul 10, 2014

Centre announces Rs 1,500 cr for irrigation, checking prices

Noting that price volatility in the agriculture produce creates uncertainties and hardship for farmers, he said Rs 500 crore will be provided to set up a Price Stabilisation Fund. #Economy #ThisisNext #food inflation #Agriculture #Irrigation #Budget 2014 #Price Stabilisation Fund #Indian Agricultural Research Institute #Agri-Tech Infrastructure Fund
Budget 2014: Rs 10,000 crore bonanza for MSMEs

Jul 10, 2014

Budget 2014: Rs 10,000 crore bonanza for MSMEs

The government has decided to set up a committee, including representatives from the Finance Ministry, Ministry of MSMEs, and RBI to give concrete suggestions on the financial architecture of the MSME sector in three months. #SME #Arun Jaitley #financing #venture capital fund #MSMEs #Budget 2014 #VC
Budget 2014: Modi Sarkar has big technology boost plans, but not many details

Jul 10, 2014

Budget 2014: Modi Sarkar has big technology boost plans, but not many details

Firstbiz highlights a list of announcements focussed on tax reforms, corporate tax policy, India's IT industry, and more #Technology #Arun Jaitley #broadband #Budget #Budget 2014 #IT initiatives #Technology Development Fund