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  • high debt burden, high inflation, moody s upgrades india s debt rating, Bank deposits

    Moody's upgrades India's debt rating 23 December 2011

    "India's Baa3 rating incorporates credit strengths such as a large, diversified economy, robust medium term growth prospects and a strong domestic savings pool that facilitates the financing and refinancing of the government's relatively high debt burden," the ratings agency said...

    Keywords: lock-in period, industrial growth, high inflation, high inflation

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    salaried employees, salaried employees, no filing of i t returns if salary is less than rs 5 lakh year, Bank deposits

    No filing of I-T returns if salary is less than Rs. 5 lakh/year 22 February 2012

    "An individual whose total income for the relevant assessment year does not exceed Rs 5 lakh and consists of only income chargeable to income-tax under...salaries...(and) income from other sources, by way of interest from a saving account in a bank,...

    Keywords: income tax returns, bank deposits, Finance Ministry, bank deposits

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