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CBDT signs first rollback advance pricing agreement New Delhi: The Central Board of Direct Taxes (CBDT) signed the first rollback unilateral advance pricing agreement (APA) with a US firm for nine years which will also provide protection against litigation for the past four years. APAs will help to pr...

Business Standard August 04, 2015

Govt to spend Rs 19,000 cr more on social sector over Budget estimates New Delhi: The government is planning to spend Rs 18,995 crore (US$ 3 billion) more on social sectors during 2015-16, which makes up to around 46.5 per cent of the Rs 40,822 crore (US$ 6.5 billion) that the government needed for extra expenditure ove...

Business Standard August 03, 2015

Capital Infusion in MSME Sector New Delhi: The Government and Reserve Bank of India (RBI) have taken various measures to facilitate easy access to finance for Micro, Small and Medium Enterprises (MSMEs). These measures include launching Credit Guarantee Fund Scheme for Micro and Sm...

Press Information Bureau July 31, 2015

No govt nod needed for 49% FPI in most sectors New Delhi: The Union Government has allowed up to 49 per cent foreign portfolio investment (FPI) through the automatic route in most sectors as a part of the new foreign investment policy....

Business Standard July 31, 2015

Spices Board rolls out subsidy scheme to boost production, export Kochi: The Spices Board has decided to provide financial assistance in form of subsidy to spice farmers for land development, mechanisation, replanting, soil conservation, organic farming of various spices as well as for purchasing irrigation and far...

Business Standard July 31, 2015
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