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SURVEY OF FOREIGN LIABILITIES
RBI launches 2 key surveysThe Reserve Bank of India has initiated its annual surveys for the 2025-26 period. These surveys will gather crucial data on mutual funds' ...
March 31 is deadline for updated ITR: Have unreported income, applied wrong rate of tax? File ITR-U with payment of additional tax, else be ready to pay higher penaltiesIndividuals can now file an updated Income Tax Return (ITR-U) to correct past errors, including unreported income or incorrect tax rates. T...
Rupee punches below its weight as fundamentals clash with global headwinds, economic survey saysThe Economic Survey 2025–26 says the rupee is undervalued and “punching below its weight” despite India’s strong growth, controlled inflati...
Eco Survey 2026: India’s exports hit record highs; external sector shows resilience amid global churnsIndia’s total exports reached a record $825.3 billion in FY25 and $418.5 billion in the first half of FY26, driven by strong growth in serv...
BBC admits it paid lower taxes in IndiaWithout naming BBC, the Income Tax Department (I-T department) on February 17, issued a statement regarding its survey operations on BBC of...
Foreign banks made more money in India than what Indian lenders earned overseasReturn on assets for foreign banks in India at 5.8 per cent in 2021-22, though lower than previous year’s 6.6 per cent, it was higher than ...
RBI launches annual survey on foreign liabilities, assets of mutual funds, AMCsThe Reserve Bank of India has launched the 2021-22 round of its annual survey on "Foreign Liabilities and Assets of Mutual Funds and Asset ...
Economic Survey underlines need for standardised framework for cross border insolvencyIt mentioned about the report of the Insolvency Law Committee, which had recommended the adoption of the United Nations Commission on Inter...
What percentage of deposits with SBI are fully insured under DICGC?As per the current laws, bank deposits are covered up to Rs 5 lakh per depositor per bank under the DICGC Act, 1961. The limit was raised f...
Foreign assets of Indian mutual funds jump to USD 2.9 bn at March-end: RBIForeign assets of the mutual fund companies jumped several folds to USD 2.9 billion or Rs 20,982 crore as of the end of March 2021, on acco...
RBI launches FY21 round of survey on ITES exportsThe survey results are released in the public domain, besides being used for compilation of balance of payments (BoP) statistics and other ...
Sales of manufacturing cos contracted 41.1 percent in Q1The contraction was broad-based and varied across industries - only pharmaceutical companies recorded higher sales on both annual and seque...
What is Economic Survey?The Economic Survey takes stock and does a health check of the economy.
MF units held by non-residents in Mauritius, Singapore declineUAE, the UK and the USA were the largest investors together accounting for one-third of the MF units held by non-residents.
Domestic banks' overseas presence up marginally in FY17: RBIThere was a marginal decrease in the employee strength of the domestic banks operating abroad to 3,984 in 2016-17 from 4,040 in 2015-16.
Foreign liabilities of mutual funds rise to Rs 566 billion in 2014-15: RBIForeign liabilities of mutual fund companies in India increased by Rs 155.4 billion during 2014-15 to Rs 565.9 billion ($ 9 billion), says ...
Foreign assets of MFs down 19% at about Rs 3,000 crore in FY13Foreign Assets of mutual fund companies declined by 18.8 per cent to about Rs 3,190 crore in 2012-13, data from the Reserve Bank showed tod...
- Tax sops for foreign oil E&P advisors: AAR
The ruling will be a big help to oil prospecting companies in India as they step up exploration activities, allowing them to avail of techn...
Satyam's accounts lack information: AnalystsAnalysts also feel restatement of accounts could take several months and hence the recommendations are qualified.
- Pvt cos had major share in total foreign assets: RBI
Total foreign assets increased from Rs 46.25 crore at the end of March 2003 to Rs 101.33 crore at the end of March 2004 but declined to Rs ...