The Congress in Karnataka on Wednesday found itself in a tight spot after a video showed a purported conversation between the party media coordinator M A Saleem and former Lok Sabha member V S Ugrappa attributing the Congress state president D K Shivakumar's involvement in a scam when he was a minister.
Crores of new currency notes continue to tumble out of lockers and hidden locations as authorities conduct raids and searches across the country.
Congress received donations worth over Rs 66 crore and NCP garnered about Rs 14 crore from individuals and business entities in fund contributions of over Rs 20,000 in the last financial year while BJP was among the parties which did not disclose such details to the Election Commission till the November 30 deadline.
In addition to the negative sentiment as a consequence of changes announced in the Union Budget 2023-24 concerning tax treatment for debt repayment distribution, concerns about hiring slowdown and its leasing impact, as well as higher interest rates, could blight the sector in the near term.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
Indian economy about to take-off
Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.
At the end of the day, Stalin expressing solidarity with an arrested colleague is one thing, especially if he too felt that the minister had been wronged, but for him to retain the person in office sets a bad precedent, which would not go unnoticed by voters, points out N Sathiya Moorthy.
In the previous Budget, the government had come out with a similar scheme.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
2,138 firms deposited unaccounted Rs 5,000 cr in zero-balance accounts during the note ban
IDS-2 and raids to uncover black money stash keep receipts flowing
The court in its judgment said the RJD chief was guilty of fraudulently withdrawing Rs 3.13 crore from the Dumka Treasury between December 1995 and January 1996, when he was the chief minister of undivided Bihar.
President Pranab Mukherjee -- rewarded as president yet not trusted enough to be prime minister.
As real estate is about a tenth of the Indian economy, the extent of black money floating around in the sector is huge.
'The striking down of the use of Aadhaar by private companies implicitly calls for the deletion or erasure of all personal data vested in the servers of the private service providers.'
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
Venkaiah Naidu said 'let there be a discussion... November 8 is a historic day'.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
The Modi government could steer through Parliament 59 out of 75 Bills.
'Our first great challenge is to create 12 million new jobs each year, to make the demographic dividend an economic dividend.' 'We are nowhere near that,' points out Mohan Guruswamy.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
Budget in the medium term aims to kick-start the investment cycle.
Stating that a weak fiscal position continues to constrain India's sovereign ratings, Fitch said the next government's medium-term fiscal policy will be of particular importance from a rating perspective.
No more than 62% of farmland acquired for Special Economic Zones has been used for its intended purpose of boosting manufacturing, exports and jobs
This is the lowest investment grade rating.
Livelihoods and lives are being destroyed in the name of building a 'better' India, writes Congress leader Sachin Pilot, in an exclusive column for Rediff.com.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
State after state has imposed an alcohol ban, and has had to retreat, unable to address the financial and administrative fallout. Are we set for more of this cycle, asks Aditi Phadnis.
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