Business
Infosys Says CEO Vishal Sikka's Pay Hike in Company's Interest
The Bengaluru-based firm said it has made "full disclosures" on all developments.
Arun Jaitley to Address RBI, Sebi Boards on February 11
Jaitley, who presented the Budget on February 1, is likely to inform the boards of both the regulators about various financial sector reforms announced including creating a six-member Payments Regulatory Board in the RBI, headed by its Governor, as part o...
Rupee Dream Run Continues, Rises 10 Paise Against Dollar
On Friday, the rupee continued its dream run against the US currency and closed at a fresh 2—1/2 month high of 67.31 by rising six paise on heavy dollar unwinding by speculative traders and exporters.
Only 2% of India GDP Comes from Personal Income Tax, Says Revenue Secretary
Finance Minister Arun Jaitley, in his second Budget in February 2015, had announced reduction of the corporate tax rate to 25 per cent from 30 per cent in a phased manner over the next four years starting 2015-16, accompanied by fewer exemptions.
Union Budget 2017: In I-T Rate Revision, Taxpayers Hit a Jaitley Jackpot
The Finance Minister chose to move towards person taxation towards the end of his speech, and he entered on a lighter note. “We are largely a tax-non-compliant society,” he said almost winking as he took a pause to drink a sip of water.
Union Budget 2017: Govt Abolishes FIPB; More FDI Policy Easing on Anvil
Finance Minister Arun Jaitley on Wednesday announced the abolition of FIPB, a body that clears proposals envisaging foreign investment up to Rs 5,000 crore.
Rate the Union Budget 2017: Excellent, Good, Average or Poor?
Finance Minister Arun Jaitley presented his fourth Union Budget in the Parliament on Wednesday.
Markets in Positive Range on Wednesday
The Sensex of the BSE after opening at 27,669.08 points, touched a high of 27,703.20 and a low of 27,645.58 points.
Key Things to Know About H-1B Visas
A legislation has been introduced in the US House of Representatives which, among other things, calls for more than doubling the minimum salary of H-1B visa holders to $130,000, making it difficult for firms to use the programme to replace American employ...
Govt May Make Aadhaar Card Must for Rail Concession in Budget 2017
Government is contemplating to make Aadhaar or Unique Identification (UID) card mandatory to avail rail concession, and an announcement is likely to be made by Finance Minister Arun Jaitley while presenting the first combined General and Railway Budget on...
Tata-Mistry Saga: SEBI Finds no Violations, Mulls Stricter Norms
The markets regulator has carried out a detailed scrutiny of any possible breach of securities laws, including about corporate governance and insider trading norms, a senior official said.
Budget 2017: Finance Minister Arun Jaitley Likely to Include Sops for Agriculture Sector
Finance minister Arun Jaitley may announce several measures to revamp farm infrastructure and support farmers, an official familiar with the matter, told Mint.
Insurance Industry Seeks Higher Tax Exemptions in Budget 2017
On the heels of demonetisation, the insurance industry is seeking higher tax exemptions, focus on e-payment and compulsory home insurance in the upcoming Union Budget that will help in increasing insurance penetration in India.
India's Life Insurance Sector Biggest in World, to Grow by 15% Over Next 5 Years
There are six public sector non-life insurers. In addition, the sole national re-insurer is the General Insurance Corporation of India (GIC Re). A reinsurance company is one that purchases claims from insurance companies to spread the risk more evenly thr...
Insurance Sector and the Union Budget: FICCI's Recommendations
With the union budget around the corner, the Indian Chambers of Commerce & Industry has issued recommendations from the insurance sector.
GST to Have Minimal Impact on Inflation, GDP Growth: Nomura
The Goods and Services Tax (GST) is expected to be fiscally neutral and the resulting inflation impact is likely to be minimal at less than 20 bps, says a Nomura report.
