The Finance Minister made it clear that the government is not going to take any U-turn on 1 percent of excise duty imposed on Gold Jewellery. On Thursday, during the debate on Finance Bill, Arun Jaitley gave this information. The government imposed one percent excise duty on gold jewelry during the budget, which was opposed …
Bad news for PF subscribers, for the fiscal year 2015-16, the finance ministry announced that the reduction of Interest rate to 8.7 on the PF account. It was 8.75 percent in the previous fiscal year. In this way, PF interest rate has been reduced by 0.05 percent. The finance ministry’s decision will affect nearly five …
After Reserve Bank of India had taken its decision, the country’s two top most banks, SBI and ICICI declared that the home loans would be cheaper. S.B.I and ICICI lowered its Home Loan rate by 0.10 percent. The current Home Loan rate of S.B.I. would now be 9.45 percent. The home loan rate for women …
In China, the economic crisis could lead once again in the grip of the global recession. The International Monetary Fund (IMF) has warned that China’s has commercial contacts with all of the countries in the world and the global economy could be shaken out of its crisis. IMF also said that in the next few …
Prime Minister Narendra Modi advocated the IMF Quotas reforms related issues in International Monetary Fund (IMF) so that they can display the global economic realities and the functioning of multi-level bodies to increase the role of India and other emerging economies. Modi also said that the consensus of the amendment made in 2010 regarding the …
A supplementary demand of grant of Rs.69,575 crore was presented in the Parliament on Friday for increasing the quota reforms of India in the International Monetary Fund (IMF). The additional demand introduced by the government to increase the voting rights of India at the IMF. The Long pending IMF quota reforms finally came into effect. India …
The budget proposal of making sixty percent of Employee Provident Fund (EPF) taxable has been rollback by the Modi government. Arun Jaitley announced it in the Lok Sabha on Tuesday. After the constant pressure from the opposition, the government gave the signal of rollback. Also Read: Anupam Kher fiery speech on Tolerant India, Slashes Rahul …
The finance minister of India, Arun Jaitley presents the union budget 2016-17 today. It is his third bill that he will show in front of the people of India. Arun Jaitley has a tough task to do as people have hope in him and are expecting the Union budget of 2016-17 to be more fruitful …
China Economy Collapse: For year’s China has been the world’s factory; relying on low manufacturing cost to make goods sold worldwide. More than 20 years of record-breaking growth has propelled China from communism to consumerism but now the Chinese economy at lowest to 25-year low, and the slowdown is affecting many other economies worldwide. Commodity …