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SEBI : Union Commerce and Industry Minister Shri Piyush Goyal attended Listing Celebration of 400th company in BSE SME Platform in Mumbai...
Income Tax : The revenue department is opposed to abolition of Securities Transaction Tax (STT) as the levy helps keep a tab on investments in ...
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Income Tax : The Income Tax (I-T) department has raided 12 Housing Development and Infrastructure (HDIL) premises, reports CNBC-TV18 quotin...
SEBI : Under Get Quote page of Exchange Website of Listed Entity, wherever listed, would display that company is non-compliant with SDD, ...
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SEBI : Release of New Digital Portal for filing of Information with the Exchange – for Equity Announcements & Disclosures under SEBI (S...
SEBI : Currently, listed entities are submitting various disclosures to the Exchange via NEAPS (NSE Electronic Application Processing Sys...
The I-T search was conducted simultaneously at Jain’s residence at Sterling Apartments and Jai Corp.’s corporate office at Embassy Centre, Nariman Point, as well as its office at the Navi Mumbai SEZ The investigation wing of the income tax (I-T) department in Mumbai on Thursday searched the offices and residence of Anand Jain, chairman of […]
Press Information Bureau , Government of India Thursday, February 19, 2009 Rajya Sabha The irregularities in the accounts of Satyam Computer Services Ltd. were brought out in the email sent on January 7, 2009 by Shri B. Ramalinga Raju, erstwhile Chairman of the company to certain stock exchanges and others disclosing information that the statements […]
Pranab Mukherjee, the stand-in Prime Minister and Finance Minister of India, delivered the Interim Budget speech in the Lok Sabha on Monday 16.02.2009. Though, He did not announce any major sops for ailing industries or changes in tax structure and stuck to highlighting the achievements of the United Progressive Alliance (UPA) government.
“The Indian stock market today has the potential to lift all boats across the entire social spectrum of the country and this potential needs to be exploited to the fullest if the government wants to realise the dream of reducing the poverty rate to single digit.”
The chairman of India’s Satyam Computer Services Ltd. quit Wednesday after admitting the company’s profits had been inflated for several years, sending shares of the software services provider plunging by more than 70 percent. The news dragged down the benchmark Sensex stock index 7.3 percent to 9,594.47. The company’s balance sheet was loaded with “fictitious” […]
Now it’s the government’s turn to cash in on the stock market boom. The finance ministry is considering raising the rate at which securities transaction tax (STT) is levied. One of the options is to increase the ceiling rate to 0.5% of the value of the taxable securities transactions. At present, it is levied at rates of 0.017- 0.25% on every transaction on domestic bourses.