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Finance Minister announces some concessions, tax on mutual fund

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New Delhi-Finance Minister Arun Jaitley announced some concessions for mutual fund industry and income tax payers, while comitting to low tax regime to promote industrial activity to generate jobs and create more resources to undertake social welfare activities.FM Arun Jaitley said in LS that high tax rate of 20 per cent on the debt mutual fund will apply from...

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Super film star Salman Khan has no plans to enter politics

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Indian film star  Salman Khan says he has no plans to enter politics and would rather focus on his social work.In a TV interview to Manoj Tibrewal Aakash of Doordarshan, the 48-year-old film actor said he would like to carry out the social work through his 'Being Human' organisation.Salman also plans to adopt few places to work for the betterment of the children living there...

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Union Cabinet nod for SEBI Act amendment bill
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Central Cabinet has approved the SEBI Act amendment bill to give more powers to the market regulator.
The bill will replace SEBI ordinance which was re-promulgated in March this year.SEBI bill has provisions to empower the SEBI chairman to order searches and seziures and crack down on ponzi schemes...
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