Indirect tax target challenging but achievable: FM
Finance Minister Arun Jaitley on Monday said Rs 6.23 lakh crore indirect taxes collection target for the current fiscal is a challenging one but efforts are on to achieve the same by taking steps to boost growth. “The revenue targets in the case of indirect taxes for the current financial... read more »
IDBI Bank says not being probed over Rs 950-cr loan to Kingfisher Airlines
State-run lender IDBI Bank Ltd said on Tuesday it is not being investigated by the Central Bureau of Investigation (CBI) over a Rs 950-crore loan to the now-grounded carrier Kingfisher Airlines Ltd. The CBI has launched an initial probe over the Rs 950 crore alleged loan given by IDBI Bank to the... read more »
Tata-SIA airline Vistara may take to the skies in October
Tata-SIA Airlines Limited (TSAL), on Monday, announced that the much-anticipated brand name of its new airline will be Vistara, or limitless in Sanskrit, with aubergine and gold as its colours. As some statutory clearances are yet to come in, the ‘full service’ airline may take to the skies... read more »
Basic suite of products by banks, key to financial inclusion: Rajan
Simplicity and reliability in financial inclusion in India and direct benefits, though not a ‘cure-all’, can be a way of liberating the poor from dependence on indifferently delivered public services and from venal politicians, Reserve Bank of India Governor Raghuram Rajan said here on... read more »
