Libya, Syria turmoil posing problems for economy: Pranab Mukherjee
India is concerned about the political turmoil in Libya and Syria as unstable situations in there are posing serious problems for the Indian economy, Union Finance Minister Pranab Mukherjee said on Su
Phone calls, eating out become expensive on higher service tax from Sunday
Telephone calls, restaurant bills and other activities will cost more with the budgetary proposal of raising service tax rate to 12 per cent coming into effect from Sunday.
In order to garner an add
FM defends amendment of I-T Act with retrospective effect
Finance Minister Pranab Mukherjee on Saturday defended the move to amend the Income Tax Act with retrospective effect following which UK's Vodafone may have to pay Rs 11,000 crore as tax for a buyo
Inflationary expectations to be 6-7 pc: Pranab
Finance Minister Pranab Mukherjee on Saturday said that inflationary expectations would be in the six to seven per cent range.
"My inflationary expectations will be between six and seven per cent an
P-Note holders not liable to pay tax in India: Pranab
Setting at rest the uncertainty about overseas investments, Finance Minister Pranab Mukherjee on Friday said that persons investing in stock markets through participatory notes (P-Notes) will not h
FinMin, RBI to finalise market borrowing programme on March 27
The Finance Ministry and the Reserve Bank of India are likely to finalise the market borrowing programme for the first half of the next financial year on March 27.
"The meeting for deciding the borr
90 per cent issues in CAG initial reports are dropped: Pranab
The government on Saturday downplayed the draft CAG report on coal block allocations with Finance Minister Pranab Mukerjee stating that 90 per cent of the issues raised by the auditor at initial stage
Govt to take some difficult decisions in coming months: Pranab Mukherjee
Amid concerns over rising crude oil prices, Finance Minister Pranab Mukherjee on Saturday said the government would take and implement ‘some difficult decisions’ in the coming months.
"In meeting the
Don't start taking sleeping pills, Jaswant tells Pranab
"Do not start consuming sleeping pills," this was the advice of former Finance Minister Jaswant Singh to the present incumbent in the Finance Ministry on the issue fiscal deficit.
Making a brief rem
IMF chief Lagarde meets Pranab, discusses euro zone crisis
The International Monetary Fund (IMF) chief Christine Lagarde on Monday met Finance Minister Pranab Mukherjee and discussed the global economic situation, including the eurozone crisis.
"We particul