The draft Indian Financial Code (IFC) prepared by the Finance Ministry indicate that government is going to have
Draft Financial Code: Finance Ministry will have control over monetary policy decisions
Category: Government & RBI
Government to launch the Food Welfare Plan under NFSA in December
The Government today announced the launch date for the $20 billion or Rs 1.3 lakh mega food welfare
Declaration of black money will get exemption from PMLA
The Act on overseas black money (Undisclosed Foreign Income and Assets Act 2015) gives a declaring individual exemption
Direct cash transfer scheme will be extended to food subsidies
With strengthening data base and the JAM (Jan Dhan, Aadhaar, and Mobile phones) mechanism, the government is aiming
Black Money Act: Govt. gives three month’s time limit to declare black money abroad
Persons who have assets and income or bank accounts abroad will get three months to declare them. The
RBI sees rising risk factors and hints at strong counter measures to tackle bad assets
The RBI has warned that the economic environment in near future is going to be a high risk
RBI comes out with a marginal 25 bps policy rate cut
The Reserve Bank has come out with a 25 bps cut in repo, in its latest monetary policy
Banks may follow Rajan if he makes a policy rate cut
Retail inflation is in its four month low; and it lies at a level which is one and
Black money bill incorporates compliance window to encourage disclosure
The Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 passed in the Lok Sabha incorporates a
GST will be a new fiscal experience for the states
The Lok Sabha has passed GST Bill, and thus bringing a unified indirect tax system in India. New