Indian Economy

P.K. Misra becomes the new CBDT chairman

Central Board of Direct TaxesNew Delhi, Apr 1 : Prasanna Kumar Misra has taken over as Chairman of the Central Board of Direct Taxes (CBDT) with effect from 1st April 2008.

He belongs to the 1971 batch of the Indian Revenue Service.

Prior to his appointment as Chairman, CBDT, Misra was Member (Investigation) in the CBDT since January 2007.

Earlier, he had served in the Income Tax department in various capacities as Chief Commissioner, Delhi and Udaipur; Commissioner Mumbai; Director (Investigation) Hyderabad; Deputy Commissioner / Director Bhubaneswar; Appellate Assistant Commissioner in Andhra Pradesh, etc.

India’s external debt at 201.4 billion dollar

India’s external debt at 201.4 billion dollarNew Delhi, Mar

Sensex down nearly 727 points

sensex downMumbai, Mar 31 : Taking cues from the global markets, the 30-share sensitive index (

Union Cabinet Committee to discuss measures to contain price rise today

New Delhi, Mar 31: Indian EconomyThe Union Cabinet Committee on Prices will meet this eve

India To Achieve 9% GDP Growth By Next Five Years, Says Montek

Deputy Chairman of Planning Commission, Montek Singh Ahluwalia said Montek Singh Ahluwalia

Cabinet Committee on Prices to discuss inflation on Monday

Cabinet Committee on Prices to discuss inflation on MondayNew Delhi, Mar 29 : Concerned over the inflation rate spiralling out of control, the Cabinet Committee on Prices will meet on Monday to assess factors responsible for soaring prices.

Finance Secretary D Subbarao told reporters here on the sidelines of a seminar that 6.68 per cent inflation rate for the week ending March 15 was partly due to high global commodity prices.

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