The Union Cabinet on Wednesday approved a social security scheme to be implemented as a pilot project as a prelude to a central legislation for the unorganised sector
"Bring an ordinance on Ram temple and fulfil at least one promise made to Hindus," said the party.
The Cabinet, chaired by Prime Minister Narendra Modi, recommended to the President to revoke central rule imposed on January 26.
The government plans to borrow Rs 6 lakh crore in this financial year.
The scheme offers waiver of interest, penalty, and prosecution for settling tax disputes.
Under the new system, Infosys will handle end-to-end solution - from e-filing to return assessment to refund processing. The new portal is also expected to process the refunds within one day of filing of tax returns, in huge relief for taxpayers.
Govt to earn Rs 13,000 crore via stake sales in NTPC and IOC.
In a major relief to stressed assets, the Cabinet approved the proposed IBC amendment that the licences, permits, concessions, and clearances for a corporate debtor cannot be terminated or suspended or not renewed during the moratorium period. The Cabinet also allowed amending the code to streamline the corporate insolvency resolution process and protect last-mile funding to boost investment in financially distressed sectors.
It has been decided to do away with beacons of all kinds on top of all categories of vehicles in the country.
The Cabinet, chaired by Prime Minister Narendra Modi, allowed contractors to move to the new, speedier arbitration process, approved the release of 75 per cent of the amount in dispute against bank guarantees and provided for a conciliation board comprising independent domain experts in new contracts.
To highlight the achievements and programmes of the government, the Union Cabinet on Wednesday allocated a fund of Rs 630 crore to the information and broadcasting ministry, of which over Rs 200 crore could be spent in the current financial year.
The policy has been finalised after nearly eight months since the Ministry came out with the revised draft in October 2015.
Its passage in the Lok Sabha is all but certain due to the massive majority the Bharatiya Janata Party and its allies have, and the Union government is confident of its passage in the Rajya Sabha as well with the support of several non-aligned regional parties which have often joined the treasury benches in the past.
Union minister Prakash Javadekar said the government has taken care of the interests of everyone and 'the interest of India'.
'ISRO facilities are very expensive and any damage caused by these start-ups can create havoc to our space programme.'
Addressing the media soon after the Union Cabinet cleared the ordinance, Law Minister Ravi Shankar Prasad cited compelling necessity for the move as the practice annulled by the Supreme Court continues unabated.
The bill rules out any provision for an anticipatory bail for a person accused of atrocities against SC/STs, notwithstanding any court order.
The leader of the largest opposition party in Lok Sabha will be included in a panel to select the chairperson and members of Lokpal under the amended law, governing the functioning of the anti-corruption body, approved by the Union Cabinet on Wednesday.
Modi government has earlier faced criticism from the Opposition on a number of occasions for renaming the schemes including PURA launched by the UPA in past.
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The Union Cabinet on Wednesday had approved the proposal to amend the Sebi Act and other relevant regulations that would give greater powers to the regulator in its efforts to tackle all kinds of money-collection schemes, as also to effectively crackdown on defaulters in the stock markets.
The approvals would be handled independently by administrative ministries of different sectors.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India on April 22 at a high-level signature ceremony convened by the Secretary-General of the United Nations Ban Ki-moon.
Currently, there's a shortfall of 23 million houses in India.
Employee integration and branch rationalisation are major challenges.
The Union Cabinet on Wednesday cleared changes in the Act. Union Power Minister Piyush Goyal earlier this week said the Bill would be tabled in Parliament soon.
Bringing corruption into the heinous crime category, the Union Cabinet on Wednesday approved official amendments to an anti-graft legislation enhancing the penalty under it to a maximum of seven years imprisonment from the present five years.
Indian equity markets registered their highest single-day percentage gains since early October.
The Union Cabinet on Wednesday decided that 10 per cent of the government's stake in Coal India Ltd would be sold. Similarly, the sale of five per cent of its stake in ONGC and 11.4 per cent in the hydropower public-sector unit, NHPC, has been cleared.
100 smart cities to become a reality as Cabinet approves the project, earmarks Rs 100 trillion for the purpose.
Each city would get Rs 100 crore (Rs 1 billion) every year.
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Reversing its earlier step, the Union Cabinet on Wednesday decided to withdraw the ordinance as well as bill that sought to give protection to convicted lawmakers in the wake of public outburst against it by Congress Vice President Rahul Gandhi.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
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