I-T dept to scan top exec's salary slips, Gold import jumps 150

THE ECONOMIC TIMES Mon, Jun 03, 2013 | 06:43 PM IST Daily Newsletter

Gold import jumps 150%; govt to review policy: FM The government had raised the import tariff value of gold to $459 per 10 grams on Sunday, while it has been slashed at $737 per kg for silver imports. BofA-ML's four key factors to track for economic recovery With tight liquidity delaying lending rate cuts, the bank has marginally cut growth forecasts to 5.8% (from 6%) in FY14 and 6.8% (from 7.2%) in FY15.

Story of The Day Income Tax department to scan salary slips of top executives for TDS The department is bolstered by the fact that a big chunk of 41%, in the total tax collections in the last fiscal, came from the TDS category alone. read more

Popular Stories Investigations reveal 15% stake bought by MS Dhoni in sports marketing firm Rhiti Why it is not surprising that the Amway row happened in Kerala NR Narayana Murthy back as executive chairman: Is this what Infosys needed? Arun Pandey: The man behind brand MS Dhoni is anti-thesis of sports agent Why Narayana Murthy's comeback will set Infosys back Now, pay TDS on property over Rs 50 lakh

Market Watch 3 Jun | 06:43PM SENSEX 19610.48↓-149.82 NIFTY 5939.30↓-46.65 USD/INR 54.89↑0.11 GOLD (Rs/10g.) 26980.00↑169.00

Latest Updates Sebi exempts Educomp's CMD from making open offer Sebi has exempted Educomp Solutions Chairman Shantanu Prakash from making an open offer with respect to his proposed acquisition Gold up by Rs 75, silver by 380 on firm global cues Gold added Rs 75 to Rs 27,425 per 10 grams, silver rose by Rs 380 to Rs 44,500 per kg on fresh buying by industrial units and coin makers. RBI issues clarification on new banks licence The Reserve Bank today said in- principle approval for setting up of new banks will now be valid for 18 months, up from earlier proposed one year. Not possible to give bank permits to everyone: RBI Reserve Bank of India today said it will look for very high quality applications to issue new bank permits Acer wants 80% of its products to use touch-screen Touch-screen models are expected to rise to 30-35% of total notebook PC sales at the world's No.4 PC vendor by the end of this year, up from 25% this quarter. 'US factory activity edges up in May but growth sluggish' Financial data firm Markit said its final US Manufacturing PMI rose to 52.3 in May from 52.1 in April, which was better than the preliminary reading of 51.9.

Gainers Losers 3 Jun, 2013, 06:43PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Crisil Ltd. 1126.60 20.00 21202 1126.60 1126.60 Anjani Portland Cement Ltd. 22.60 19.89 2 22.60 18.80 Tirupati Inks Ltd. 4.58 19.27 31100 4.59 4.30 IMP Powers Ltd. 38.00 18.75 4797 38.00 29.90 Nile Ltd. 77.50 18.32 654 77.50 63.05

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