Finance Minister Jaswant Singh has indicated that the proposed 'Dada-Dadi' bonds for pensioners, scheduled to be launched on April, will run side-by-side with Life Insurance Corporation's Varishtha Pension Bima Yojana.
Finance Minister Jaswant Singh said on Wednesday the value-added tax system cannot be implemented across the country until all preparations are completed.
In yet another round of sops, Finance Minister Jaswant Singh on Wednesday said the exemption on dividend distribution tax to open-ended equity-oriented scheme of mutual funds should continue for full year beyond March 2004.
Buoyed by the proposed public offerings in six companies, including Oil and Natural Gas Corp and Gas Authority of India Ltd, the government on Tuesday set an ambitious target of mobilising Rs 16,000 crore
The presentation of the Interim Budget (General) for 2004-05 was delayed in the Lok Sabha on Tuesday after Congress and other Opposition parties raised certain objections to its introduction.
Punjab National Bank is believed to have clinched the deal for taking over the ailing Industrial Finance Corporation of India.
The Outstanding Parliamentary Awards for the years 2000, 2001 and 2002 have been given Arjun Singh Jaswant Singh and Manmohan Singh respectively.
Finance Minister Jaswant Singh has cleared 38 foreign direct investment proposals worth Rs 121.46 crore (Rs 1,214.6 million), including those of the United States-based Nalco Chemicals and French company FCI.
The government said on Tuesday that the total default of public sector undertakings towards their workers stood at Rs 2082 crore (Rs 20.82 billion) and it was taking steps for redressing the grievances of the employees.\n\n\n\n
Proposals of Principal Financial Group, South African Breweries, AB Electrolux and Caterpillar Inc were among the 52 foreign direct investment cases totalling Rs 321 crore (Rs 3.21 billion) approved by the government on Thursday.
Brushing aside criticism that the Budget was not growth-oriented, Finance Minister Jaswant Singh on Saturday said the focus on infrastructure and certain other sectors will provide "quick returns" for higher GDP growth and employment.
Finance Minister Jaswant Singh on Tuesday ruled out full convertibility on capital account in the country till the fiscal deficit and inflation are fully reined in.
The government on Monday hit out at bureaucracy for not keeping pace with policy changes and promised not to take recourse to borrowings
Jairam Ramesh, said Finance Minister Jaswant's Singh's maiden endeavour had failed to address the problem of deceleration of economic growth, which had not risen beyond five per cent during the last five years.
Manufacturers Association of Information Technology on Tuesday demanded that excise duty should be halved to eight per cent to provide necessary tax incentive to the languishing sector.
Finance Minister Jaswant Singh on Friday virtually dismissed allegation that his ministry sat over the Rs 30,000 crore (Rs 300 billion) fake stamp paper scam for over a year and said government plans to introduce a paperless system by 6-8 weeks.
Late 'big bull' Harshad Mehta, largest car maker Maruti and liquor major Shaw Wallace are among top 20 corporate and individual income tax defaulters, Lok Sabha was informed on Friday.
The Naresh Chandra Committee has observed that the physical strength of the Department has not kept pace with the increased strength of companies in India
The government on Monday decided to scrap the tenders for privatisation of Delhi and Mumbai airports, and invite fresh bids within a fortnight, highly placed sources said.
Asserting that the government will never compromise on agriculture subsidies, Finance Minister Jaswant Singh said he is not in favour of "industrial agriculture" as it could put at stake the food security of 100 crore people in the country.
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