Category: News in Financial Sector

Aug 30

DTC requires fresh look : Chidambaram

Finance Minister P Chidambaram on Tuesday said the direct taxes code (DTC) would need a fresh look. The much-awaited tax reform was scheduled to be implemented from April 1, 2013, but a review of its proposals might delay its introduction. Asked whether DTC and the goods and services tax (GST) would be introduced from April […]
Aug 30

DTC requires fresh look : Chidambaram

Finance Minister P Chidambaram on Tuesday said the direct taxes code (DTC) would need a fresh look. The much-awaited tax reform was scheduled to be implemented from April 1, 2013, but a review of its proposals might delay its introduction. Asked whether DTC and the goods and services tax (GST) would be introduced from April […]
Aug 30

FM to meet life insurers on Sept 1

Finance Minister P Chidambaram has called a meeting of officials from life insurance companies on September 1. The meeting is aimed at improving insurance penetration and addressing concerns of companies in the sector http://www.business-standard.com/india/news/fm-to-meet-life-insurerssept-1/484766/ .
Aug 30

The most financially literate countries globally

Visa conducted a survey between February and April of 2012 with 25,500 participants in 28 countries to gauge the strength and weaknesses of financial education worldwide. Presenting the Visa’s International Financial Literacy BAROMETER 2012. India comes close to the bottom of the pile standing 23 in a list of 28 countries polled. http://in.finance.yahoo.com/photos/the-most-financially-literate-countries-globally-slideshow/a-photo-1346222385.html
Aug 30

The most financially literate countries globally

Visa conducted a survey between February and April of 2012 with 25,500 participants in 28 countries to gauge the strength and weaknesses of financial education worldwide. Presenting the Visa’s International Financial Literacy BAROMETER 2012. India comes close to the bottom of the pile standing 23 in a list of 28 countries polled. http://in.finance.yahoo.com/photos/the-most-financially-literate-countries-globally-slideshow/a-photo-1346222385.html
Aug 23

Keeping a close tab on markets, SEBI style

U.K. Sinha, Chairman of the Securities and Exchange Board of India (SEBI), has the onerous responsibility of being the regulator of the stock markets in India. Although the country may have moved away from the era when stock markets were seen as nothing more than gambling dens and casinos, there are new challenges that confront […]