Category «Uncategorized»

Several Key Decisions Taken by Ministry of Housing & Poverty Alleviation During 2012 for Improvement of Infrastructure & Basic Services to Poor

  The Ministry of Housing & Poverty Alleviation has taken several important policy decision during the year 2012 for the improvement of infrastructure and basic services to the poor residing in cities and towns of India. The details are as follows: 1.      Credit Risk Guarantee Fund Established For Low Income Housing:- The Government  approved the establishment of a Credit Risk Guarantee Fund …

mPowa, the company to watch in 2013, to set sights on India

Market leader in Europe, which is actively courted by investors worldwide as its universal solution revolutionises mobile payments on a global scale is looking at India as one of its key markets Europe’s most successful mobile payments company, mPowa, is preparing itself for an expansion into the Asian region due to strong demand from companies …

PM’s Closing Remarks at 57th Meeting of NDC

Following are the Prime Minister, Dr. Manmohan Singh’s closing remarks at the 57TH meeting of National Development Council in New Delhi today: “We have had a very full and long day of deliberations. I thank all Chief Ministers for complying with the electronically imposed time limit. Had they not complied with the limit, we would …

GET FASHIONABLE AND SOCIAL ON KOOLKART! ~Shop with your friends for exclusive and trendy fashion collections from brands and designers across the country~

Koolkart, one of India’s largest social shopping community, brings stylish and trendy fashion collections from brands and designers across the country for shoppers at an affordable price. The recently launched handpicked section at www.koolkart.com has over 55 brands and designers from across the country. The collection on Koolkart includes an exclusive and trendy collection of apparel for Men and …

Complaints on Ponzi Schemes

The provisions of the Prize Chits and Money Circulation Scheme (Banning) Act, 1978 empower the State Governments to implement the provisions of the Act and take action against the defaulting entities/persons. The Reserve Bank of India (RBI) has reported that as and when any complaint is received alleging cheating/fraud by entities by way of falsely …

Undisclosed Income of about Rs. 600 Crore Detected under DTAAs Since March 2009 and taxes of about Rs. 200 Crore Realized

The Government receives information from various countries regarding assets including bank accounts held abroad by Indians under the respective Double Taxation Avoidance Agreements/Tax Information Exchange Agreements. Receipt of such information is an ongoing process. Based on information received since March, 2009 under the Double Taxation Avoidance Agreements (DTAAs) regarding foreign bank accounts maintained by certain …