Union Cabinet increases limit for foreign investment in Stock Exchanges from 5% to 15%

Union Cabinet increases limit for foreign investment in Stock Exchanges from 5% to 15%

The Union Cabinet has given its approval for raising foreign shareholding limit from current 5% to 15% in Indian Stock Exchanges. The decision brings the investment limit of foreign entities at par with that of domestic institutions. This enhanced li

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Union Government approves Rs 1,601 crore for Himayat programme in J&K

Union Government approves Rs 1,601 crore for Himayat programme in J&K

The Union Government has approved nearly 1,600 crore rupees for Jammu and Kashmir (J&K) under skill development initiative ‘Himayat’ programme. Under it, youths from both rural and urban areas of J&K would be imparted with trainin

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CBDT inks 7 Advance Pricing Agreements to cut tax litigation

CBDT inks 7 Advance Pricing Agreements to cut tax litigation

The Central Board of Direct Taxes (CBDT) has signed seven unilateral Advance Pricing Agreements (APAs) with Indian taxpayers to reduce tax litigation. With this, CBDT has so far entered into 77 APAs. This includes three bilateral APAs and 74 unilater

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Tata Advanced Systems signs deal with Bell Helicopter

Tata Advanced Systems signs deal with Bell Helicopter

Tata Advanced Systems Ltd (TASL) and US-based Bell Helicopter have signed a deal to jointly develop the helicopter market in India. The agreement seeks to support of India’s aviation and defence modernization initiatives with an emphasis on &ls

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