PAN card gets costlier by Re 1 after service tax hike

Last Updated: Tuesday, June 2, 2015, 21:59

Getting a new PAN card has become costlier by a rupee in the wake of government hiking service tax rate to 14 percent beginning this month.

Government reduces tariff value on gold, silver

Last Updated: Monday, June 1, 2015, 16:47

During last fortnight, the tariff value on imported gold was USD 398 per 10 grams and on silver at USD 567 per kg.

Exports to China to pace up at 14% a year in 2020-30: HSBC

Last Updated: Thursday, May 28, 2015, 12:35

Exports to China are expected to grow by around 14 percent a year in the decade to 2030, potentially outpacing outbound shipment growth to any other country, said an HSBC trade forecast report.

Swiss accounts: Four new names public, but no Indian this time

Last Updated: Wednesday, May 27, 2015, 13:06

These included an American citizen, identified by the initials 'RK' and date of birth, Czech Republic-based H2 Medical, as also a Georgian and a Nigerian national.

Now, get tax-free interest on gold deposits

Last Updated: Wednesday, May 20, 2015, 14:32

The draft gold monetisation scheme also provides for incentives to the banks, while individuals and institutions can deposit as low as 30 gms of gold, while the interest earned on it would be exempt from income tax as well as capital gains tax.

Capital account convertibility inescapable: RBI

Last Updated: Monday, May 18, 2015, 18:13

Pitching for full capital account convertibility, the Reserve Bank has said that with Indian economy becoming global it would be hard to maintain capital controls for a long period of time.

Gold imports rise 78.33% at $3.13 billion in April

Last Updated: Friday, May 15, 2015, 20:00

The CAD in the first half of this fiscal declined to 1.9% of GDP ($18 bn) from 3.1% ($27 bn).

Economy recovering, despondency on its way out: Arun Jaitley

Last Updated: Thursday, May 14, 2015, 23:01

Finance Minister Arun Jaitley Thursday said the economy was in a recovery mode with inflation and fiscal deficit under control and despondency giving way to a positive environment.

Japan current account surplus surges in March

Last Updated: Wednesday, May 13, 2015, 08:36

Japan on Wednesday logged a more than 20-fold surge in its current account surplus in March thanks to an improving trade picture and buoyant returns on the country`s investments abroad.

PMO to review steps to check loan frauds on Thursday

Last Updated: Sunday, May 10, 2015, 13:20

Finance Ministry has already collected a comprehensive data on willful defaulters of public sector banks last month.

Pradhan Mantri Suraksha Bima Yojana: Key facts

Last Updated: Saturday, May 9, 2015, 10:54

Pradhan Mantri Suraksha Bima Yojana will be available to people in age group 18 to 70 years with bank account.

Federal Bank ties up with New India for cheaper accident cover

Last Updated: Wednesday, May 6, 2015, 19:11

South-based private sector lender Federal Bank on Wednesday entered into a pact with state-run general insurer New India Assurance (NIA) for providing cheaper accident cover to its savings bank account holders.