Finance Minister Sitharaman announced a surcharge on individuals having taxable income of Rs 2 crore to Rs 5 crore and for those above Rs 5 crore which will hike their effective tax rate by 3 percent and 7 percent respectively.
Kerala Chief Minister Pinayari Vijayan in his reply to Rahul Gandhi’s letter said that the Union government needs to take a stand regarding the agricultural loans taken by farmers from commercial banks
Sources said that former ICICI Bank CEO, Chanda Kochhar is required to assist the investigating officer of the case in taking the probe forward, and her statement will be recorded under the Prevention of Money Laundering Act (PMLA).
Congress President Rahul Gandhi on Friday alleged that Prime Minister Narendra Modi ran his government for 15 of his friends and he wondered why no big-ticket defaulters of bank loans were not in jail.
SBI, which is the lead lender of a consortium of domestic lenders that has extended loans to Jet Airways, is looking for 'change in control and management' of the carrier, according to a public notice.