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Govt offers sops for MF sector, to take view on GAAR shortly

PTI

The tax rate of 20 per cent on the debt mutual fund will apply from July 10, the date of the presentation of the Budget, and not from April 1, 2014 as proposed earlier.

Announcing VCCircle Financial Services Investment Summit 2014; register now!

TEAM VCC

Meet top CEOs, entrepreneurs, regulators and investors driving the Indian financial services industry.

Finance Bill passed by Lok Sabha

TEAM VCC

The bill, which primarily comprises legislative proposals of the Budget for this fiscal, will now be presented in the Rajya Sabha.

IMF maintains 5.4% growth forecast for India, cuts projection for emerging markets

Anuradha Verma

For the global economy, IMF has lowered GDP growth forecast to 3.4 per cent for 2014 from 3.6 per cent projected in April.


Reliance Capital’s PE business top brass floating independent fund

Its portfolio consists of Pathways World School, Shankara Infrastructure Materials, Max Flex, VVF (India), Butterfly Gandhimathi Appliances and Amber Enterprises.

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