Deviating from the earlier practice of consulting the RBI while appointing auditors for the same, the government has appointed auditors for the Reserve Bank of India after consulting with the...
The Central Government is at consensus to establish Financial Stability & Development Council (FSDC) to strengthen and institutionalize the mechanism for maintaining financial Stability and Development. What would...
The Union Cabinet has given its nod for the creation of an autonomous body called the National Skill Development Agency (NSDA) by subsuming the Prime Minister’s National Council...
The Finance Minister P Chidambaram has asked RBI to finalize the guidelines for issue of new banking licenses and commence accepting applications applications from interested entities. But, RBI...
To review taxation of development centres and IT sector a committee has been established by the Prime Minister Dr Manmohan Singh. The Committee will function in consultations with...
Based on the recommendation of the Foreign Investment Promotion Board, the government approved 14 FDI proposals worth Rs 1584.11 crore. The FDI proposals which obtained government sanction included...
Jawahar Thakur appointed as the new CGA (Controller General of Accounts) with effect from July 1, 2012. He belongs to the 1979 Indian Civil Accounts Services batch. Before...
People with income of Rs 10 Lakhs per annum will have to file their tax returns electronically beginning 2011-12 Financial year. The CBDT (Central Board of Direct Taxes)...
Greece Prime Minister Antonis Samaras declared Greek economist Yannis Stournaras as the country’s new Finance Minister. He took the place of Vassilis Rapanos who had submitted resignation due...
Recently, the Cabinet has approved changes in the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which will also pave the way for 26% foreign investment in pension...
