Manufacturing taxes, VAT will come down, assures Jaitley
This weakness is likely to continue in the near-term.
'By taking fingerprints, iris scans and other details of citizens, the State is becoming the custodian of its people.' 'The State can use this data according to its whims and fancies, which is not good in a democracy.' 'When the State looks at all the activities of its citizens, it becomes a police State.'
The Karnataka CM with only 37 JD-S MLAs in the assembly is on shaky ground and overly dependent on the Congress for every decision, reports Bibhu Ranjan Mishra.
As soon as Speaker Sumitra Mahajan took up the Question Hour, members from these parties trooped into the Well holding placards.
It's too big to digest as one whole airline.'
Allaying investor fears over the levy of long-term capital gains tax on share transfer in unlisted companies, the government on Friday said the move is only to target 'khoka' companies, and 'genuine investments' in start-ups and through FDI will be exempt.
This amendment is proposed to be made retrospectively effective from FY16 onwards.
Central rule was on Monday imposed in Delhi and the Legislative Assembly kept in suspended animation after President Pranab Mukherjee accepted the resignation of Chief Minister Arvind Kejriwal.
The issued rocked both houses of Parliament with the Opposition demanding Modi's statement on Trump's controversial remarks, holding that Kashmir is a bilateral issue and no third party can intervene.
The government plans to raise resources to finance capital spending beyond the Rs 3.10 lakh crore budgeted for 2017-18 through higher borrowing or divestment receipts.
The markets will be eyeing the amendments.
Raghuram Rajan said a six-member monetary policy committee will decide on interest rates.
The second half of the budget session of Parliament, beginning on Monday, is all set to be a stormy affair with opposition parties closing ranks over the imposition of Presidents' rule in Uttarakhand.
'This is about demolishing all that we have stood for as a nation after Independence. This is an attack on the nation's very foundation.'
Generally, most Indians are under-prepared for their post-retirement life. Many middle class private sector employees end up consuming their PF accumulations for variety of other reasons like marriage of their children, medical treatment or purchase of house, etc., says Anil Chopra- Group CEO & Director- Bajaj Capital
Breather for FIIs: MAT assessments, fresh notices put on hold.
Securing the GDP estimates a month in advance would be a challenge and the government should take the Central Statistics Office on board before embarking on the new schedule for Budget presentation
The revenue department had sent notices to FIIs.
Might use it to counter Opposition campaign on land issue.
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Sebi keen to attract larger number of retail investors
Finance Minister Arun Jaitley announced several reforms.
The Budget session of Parliament, the first of the Narendra Modi government, ended on Thursday reflecting the changed political reality with fewer disruptions and adjournments, and more debates and discussions unlike in the recent past.
Budget planners for now have been told to prepare with the assumption that GST will apply from April 1.
The Centre is likely to introduce the Central GST and integrated GST bills in late November or early December in the ongoing session in the form of money Bills.
Rajan said there was full understanding between him and the Finance Minister Arun Jaitley on setting up of the PDMA
There is nothing wrong with government and RBI having conflicting opinions.
Parliament proceedings were washed out for the fifth straight day, as members from parties including the Telugu Desam Party and the All India Anna Dravida Munnetra Kazhagam, continued their protests on various issues.
Addressing a press conference in Dehradun, Harish Rawat accused the BJP-led central government of 'killing democracy' by using its brute majority to cause 'political instability' in a small state.
'The simple truth is this: That we had come to assume that a second term was Modi's for the asking. But the fact is that Modi will have to win one, just like everybody else.' 'And so much has he invested in his strongman persona that even a loss of just 50 seats from his extraordinary 282 in 2014 will look to his potential allies and to his party like a defeat,' says Mihir S Sharma.
Thursday was the penultimate day of the Budget Session of Parliament. The second half of the session which began on March 5 has been a washout with no legislative business being transacted due to stalling of proceedings by the opposition.
Tuesday was the 12th day in a row that Parliament did not functioned and the current stalemate has entered the third week.
Bharatiya Janata Party's M Venkaiah Naidu is proud of the fact that he never speaks to reporters off-the-record. He has a bluff, hearty, no-nonsense style -- that can be misunderstood. Archis Mohan reports
To spur foreign investment in the corporate bond market, the Finance Ministry has proposed reduction in withholding tax for FIIs to 5 per cent, from 20 per cent at present.
The Congress how could the prime minister make such allegations when the defence minister had not stated this in his reply to debates on the controversy in both Rajya Sabha and Lok Sabha last week and sought to know which court was Modi quoting.
It's been 15 straight days that opposition parties have created a ruckus, forcing adjournment of proceedings.
This is the first time that no-confidence motion notices have been moved against the Modi government in 4 years.
Parliamentary Affairs Minister Ananth Kumar said the government is ready for a discussion on the issue of alleged financial irregularities in the banking sector and Finance Minister Arun Jaitley will reply to the debate.
It is welcome that the government tried to make its intentions clear last week - especially as risk concerns return to global markets.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
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