The action has been taken against officials harassing tax assesses.
Sibal said that Trai had compared India with China.
The change may give "secure creditors" the first right to auction an asset in order to recover the dues.
Income-tax data released by FinMin after 15 years
The latest news on models, designers and actors from the world of glamour and fashion.
'Access to finance is one of the most crucial needs in the economy.'
India grew at 7.6% in 2015-16 and at 7.2% in 2014-15.
PFRDA will invite bids to appoint pension fund managers.
The trademarks/brands on the block include Fly Kingfisher, Flying Models, Funliner, Fly the Good Times, Kingfisher and Flying Bird Device.
India's IPR framework and enforcement were comparable to those in developed countries
'It is important to improve the quality of spending.'
The higher salaries and pension outgo will be equivalent to about one per cent of the GDP.
A lawyer has moved the court alleging 'total collapse' of administration.
'Whatever happens in any part of the world affects us.'
In 2015, the Reserve Bank of India cut interest rates by 125 basis points to 6.75 per cent.
The rupee dropped on renewed demand for the American currency.
While number of commitments inched up in 2015, its value slipped 23% to 11-year low.
FinMin officials say an announcement could be made in the Budget.
'Everyone confuses GDP to be a measure of output, when it is actually a measure of income.'
The panel's recommendations will be aimed at making a predictable and non-adversarial tax regime in the economy.