Participatory note Current Affairs, GK & News
The government came out with a 66-page report elaborating ways to forbid generation of illicit funds. The Central Board of Direct Taxes (CBDT) panel on black money submitted its report suggesting ways to forbid the generation of illicit fund. The panel was established in 2011 to examine ways to beef up laws to check the ..
Topics: Black markets • Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act • Continents • Corruption in India • Countries • Economy • Indian black money • Investment • Mauritius • Participatory note
The Reserve Bank of India announced a number of steps, to aid revive the currency and the economy The measures include increasing limits for external commercial borrowings and government securities .The initiatives are in consultation with the government to liberalize capital account transactions.These measures will permit Indian companies in the manufacturing and infrastructure sector and ..
Month: Current Affairs - June, 2012
Topics: Debt • Economy • External commercial borrowing • Finance • Finance in India • International finance • Investment • Money • Participatory note • Securities and Exchange Board of India • Sovereign wealth fund