Union Budget 2016-17

Union Budget 2016-17

February 29, 2016 Highlights of Union Budget 2016-17 of India The Budget documents presented to Parliament comprise, besides the Finance Minister’s Budget Speech, of the following: Key to Budget Documents Budget Highlights (Key Features) Budget Speech Budget at a Glance Annual Financial Statement Finance Bill … Continue Reading →
Economic Survey 2015-16

Economic Survey 2015-16

February 26, 2016 The Economic Survey 2015-16, presented in the Parliament today by the Union Finance Minister Shri Arun Jaitley, states that the social infrastructure scenario in the country reflects gaps in access to education, health and housing amenities. Inclusive growth in India requires bridging … Continue Reading →
NBFC cannot undertake Point of Presence services for NPS

NBFC cannot undertake Point of Presence services for NPS

February 18, 2016 The Reserve Bank of India has clarified that the NBFC cannot undertake Point of Presence services for NPS (National Pension System). RBI/2015-16/324 DNBR (PD) CC.No. 073/03.10.001/2015-16 All Non-Banking Financial Companies Madam/ Sir, Undertaking of Point of Presence (PoP) Services under Pension Fund Regulatory and … Continue Reading →