If the Supreme Court insists on disclosures of all names, India won't be able to sign any further treaties for exchange of information
Not signing an agreement with US, for instance, would mean remittances from the US to India are subjected to 30% withholding tax
The Commission was to submit its report on devolution of funds from Centre to states on Friday
Officials say telco still keen on process
As per the Income Tax Act, 1961, GDRs are instruments created outside India and issued to non-resident investors against the issue of ordinary shares
Govt fails to sign banking secrecy treaty due to no clarity on confidentiality clause
Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements
Based on Income Tax Act, 1961, GDRs are issued to non-resident investors against the issue of ordinary shares
The regulations, particularly the income-tax law, are not adequate to deal with new-age companies with complex structures
Govt expects to save Rs 10,000 crore through this move
Govt was earlier planning to begin this year's disinvestment with a 5% stake sale in SAIL in Sept
The theme of the Conclave, to be held on Dec 10-11, is 'Structural reforms and growth'
States' demand for 5 years and Constitutional provision ruled out
But bank might not be allowed to bring fresh foreign investment in immediate future
Forum will aim at enhancing flows from institutional investors and corporate entities, primarily by facilitating individual proposals and projects
As a non-profit organisation, 3P India will look to facilitate sluggish projects
All FIPB records will now be digitised; old and unnecessary files will be weeded out
The PM is to launch the 'Swachchh Bharat Abhiyan' from Rajpath on October 2, the birth anniversary of Mahatma Gandhi