News for 'Auditor-General of India'

Govt opens railways to private sector, foreign investments

Govt opens railways to private sector, foreign investments

Rediff.com28 Aug 2014

Opens operations in high-speed train, freight and suburban corridors to private sector

BCCI to consider player demands for increased pay

BCCI to consider player demands for increased pay

Rediff.com6 Apr 2017

The Indian board (BCCI) will consider a further increase in salaries for its contracted players after leading cricketers expressed dissatisfaction with the pay raise announced last month.

Tax-GDP ratio down to 9.17%

Tax-GDP ratio down to 9.17%

Rediff.com9 May 2005

The fall in the ratio of customs and excise duty collection to GDP has resulted in an overall decline of tax-GDP ratio from an average of 9.32 per cent during the 8th Plan

Hoping to implement GST from July 1, says Jaitley

Hoping to implement GST from July 1, says Jaitley

Rediff.com22 Mar 2017

'GST will increase the volume of taxation, there is no tax on tax and therefore makes goods, commodities and services little cheaper and far more convenient.'

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

Rahul should ask the IB to provide proof of claim: Muslim body

Rahul should ask the IB to provide proof of claim: Muslim body

Rediff.com25 Oct 2013

The All India Muslim Majlis-e Mushawarat, the umbrella body of Muslim organisations in the country, on Friday took serious note of Congress Vice President Rahul Gandhi's claim that an intelligence officer had told him that 'people from Pakistan were talking to the relatives of Muslims killed in the August 2013 Muzaffarnagar riots.

Rafale deal textbook case of criminal misconduct, say Sinha, Shourie

Rafale deal textbook case of criminal misconduct, say Sinha, Shourie

Rediff.com8 Aug 2018

The trio also accused PM Modi of single-handedly changing the parameters of the deal.

'Made-in-India' Akash Missile, worth Rs 3,600 crore, fails test

'Made-in-India' Akash Missile, worth Rs 3,600 crore, fails test

Rediff.com28 Jul 2017

The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.

Rafale verdict: Centre files application to correct factual error

Rafale verdict: Centre files application to correct factual error

Rediff.com15 Dec 2018

The issue of CAG and PAC was mentioned in paragraph 25 of the judgment of the top court which had held that there were no irregularities in the procurement of 36 Rafale jets from France.

Govt used GST compensation cess elsewhere, violated law: CAG

Govt used GST compensation cess elsewhere, violated law: CAG

Rediff.com25 Sep 2020

The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to compensate states for loss of revenue.

Coalgate and India's crony capitalism

Coalgate and India's crony capitalism

Rediff.com28 Aug 2014

The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.

Panna-Mukta basin: SC okays RIL's plea for London arbitration

Panna-Mukta basin: SC okays RIL's plea for London arbitration

Rediff.com28 May 2014

The apex court sets aside Delhi HC order on the oilfield.

Oppn grills govt over PM CARES Fund, questions its transparency

Oppn grills govt over PM CARES Fund, questions its transparency

Rediff.com19 Sep 2020

They were participating in a debate on the bill for giving effect to various compliance relief measures for taxpayers, including extending time limits for filing returns, in the wake of the coronavirus crisis and tax benefits for donations to PM CARES Fund.

How was private entity given mandate to maintain Red Fort, asks Congress

How was private entity given mandate to maintain Red Fort, asks Congress

Rediff.com28 Apr 2018

The Dalimia Bharat group, under the memorandum of understanding, would maintain the monument and build basic infrastructure around it and has committed a sum of Rs 25 crore for the purpose over a period spanning five years.

Justice Bobde takes oath as 47th CJI

Justice Bobde takes oath as 47th CJI

Rediff.com18 Nov 2019

Justice Bobde has decided several key cases and was part of the recent historic verdict that cleared the way for the construction of a Ram Temple at the disputed site in Ayodhya.

CAG pulls up ONGC for poor rig management practices

CAG pulls up ONGC for poor rig management practices

Rediff.com10 Dec 2015

The auditor also raised doubts over the safety procedures.

CAG can audit accounts of telecom firms: Supreme Court

CAG can audit accounts of telecom firms: Supreme Court

Rediff.com17 Apr 2014

A bench comprising justices K S Radhakrishnan and Vikramajit Sen said CAG can carry out the audit to examine whether the companies are giving proper share of their revenue to the government.

Why India has failed to deal with bad loans

Why India has failed to deal with bad loans

Rediff.com29 Mar 2016

The problem of stressed assets needs to be addressed with effective recovery.

Audit should not hurt pvt sector: Manmohan Singh had told CAG

Audit should not hurt pvt sector: Manmohan Singh had told CAG

Rediff.com14 Sep 2014

As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should not hurt the private sector and RIL was one of the biggest and most respected.

Manmohan Singh may have made a mistake: Kamal Nath

Manmohan Singh may have made a mistake: Kamal Nath

Rediff.com12 Sep 2014

After ex-Comptroller and Auditor General Vinod Rai attacked Manmohan Singh on 2G issue, Congress leader Kamal Nath on Friday said the former Prime Minister may have made a "mistake" in not acting despite his letter to him expressing concern over the spectrum allocation process.

Lodha reforms implementation in 4-5 months: Vinod Rai

Lodha reforms implementation in 4-5 months: Vinod Rai

Rediff.com4 Mar 2017

Implementation of Lodha Committee recommendations in the Board of Control for Cricket in India will be complete in the next four-five months, said Vinod Rai, head of the Supreme Court-appointed panel of administrators to manage the cricket board's affairs.

Congress takes Rafale fight to CAG's door, demands report on 'irregularities'

Congress takes Rafale fight to CAG's door, demands report on 'irregularities'

Rediff.com19 Sep 2018

Congress said it expects the truth to prevail after the report on the Rafale deal is made public.

India can't even buy rifles for its troops!

India can't even buy rifles for its troops!

Rediff.com6 Jul 2015

What should concern the Indian citizen is not the fact that the world's biggest assault rifle purchase was scrapped. What should is the fact that the tender was for a type of rifle that has never been produced, says Nitin Pai.

SC to hear pleas seeking review of Rafale verdict on Feb 26

SC to hear pleas seeking review of Rafale verdict on Feb 26

Rediff.com22 Feb 2019

The trio said the top court had relied upon 'patently incorrect' claims made by the government in an unsigned note given in a sealed cover in the court.

Tax authorities probing transactions between MCX-SX, FTIL

Tax authorities probing transactions between MCX-SX, FTIL

Rediff.com21 Apr 2014

A special audit will look into any pricing anomalies in the transactions between the two, according to a source. FTIL had a contract for helping the exchange with its technology needs.

Modi sarkar's unique plan to cut fiscal deficit

Modi sarkar's unique plan to cut fiscal deficit

Rediff.com24 Jan 2019

Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.

Budget 2020: Tax changes for charitable trusts likely

Budget 2020: Tax changes for charitable trusts likely

Rediff.com13 Jan 2020

The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.

Centre to compensate states every quarter for GST revenue loss

Centre to compensate states every quarter for GST revenue loss

Rediff.com26 Nov 2016

The compensation would be met through levy of a cess called 'GST Compensation Cess' on luxury items and sin goods like tobacco, for the first five years.

2 years after roll-out, GST glitches still exist, says CAG report

2 years after roll-out, GST glitches still exist, says CAG report

Rediff.com31 Jul 2019

The Centre's revenue from GST registered a decline of 10 per cent in 2017-18 compared to revenue of subsumed taxes in 2016-17.

Naidu meets Mamata, announces postponement of Opposition conclave

Naidu meets Mamata, announces postponement of Opposition conclave

Rediff.com19 Nov 2018

Flanked by the Trinamool Congress chief, Naidu attacked the National Democratic Alliance government at the Centre alleging that institutions like the Central Bureau of Investigation, Enforcement Directorate, Income Tax department, Reserve Bank of India and Comptroller Auditor General are under "severe pressure".

PHOTOS: President presents Padma awards to 54

PHOTOS: President presents Padma awards to 54

Rediff.com16 Mar 2019

Former cricketer Gautam Gambhir, actor Manoj Bajpayee, mountaineer Bachendri Pal, ISRO scientist Nambi Narayanan and Odisha tea seller D Prakash Rao were among the recipients of the honour.

A year of tough legal battles for India Inc

A year of tough legal battles for India Inc

Rediff.com1 Jan 2015

Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.

Why will anyone opt for tax amnesty scheme?

Why will anyone opt for tax amnesty scheme?

Rediff.com28 Feb 2020

'Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums,' notes S Murlidharan.

What's the truth about the fiscal deficit?

What's the truth about the fiscal deficit?

Rediff.com15 Oct 2019

'Why do we make finance ministers go into contortions, to tell us that near 6% is 3.5%?' 'Why not encourage more open and full accounting so that the country knows the real picture,' asks T N Ninan.

UPA redux: CAG now picks holes in Modi Sarkar's coal mines e-auction

UPA redux: CAG now picks holes in Modi Sarkar's coal mines e-auction

Rediff.com26 Jul 2016

In 11 out of 29 coal mines successfully e-auctioned, a number of qualified bidders in the e-auction stage were from the same company/parent subsidiary company coalition/joint venture, CAG said.

Nirmalaji, time has come to modernise Budgeting

Nirmalaji, time has come to modernise Budgeting

Rediff.com8 Jan 2020

'The finance minister in her Budget speech should spell out how exactly she intends to get back to the 7% track, and the hard decisions she intends to take in order to adjust to the realities of a slowing economy until growth momentum returns,' suggests T N Ninan.

PAC meet sees slugfest between BJP, Cong over AgustaWestland deal

PAC meet sees slugfest between BJP, Cong over AgustaWestland deal

Rediff.com18 May 2016

PAC Chairman K V Thomas, however, remained non-committal over these demands.

Congressmen press Obama to discuss religious freedom with Modi

Congressmen press Obama to discuss religious freedom with Modi

Rediff.com29 Sep 2014

A group of 11 American lawmakers has written to President Barack Obama to discuss the issue of religious freedom in India with visiting Prime Minister Narendra Modi, during their meetings at the White House.

How to make the people use toilets

How to make the people use toilets

Rediff.com18 Aug 2017

Lack of sanitation is leading to avoidable deaths of infants, and underweight and stunted children.

'Congress using GSPC issue to deflect attention from Agusta'

'Congress using GSPC issue to deflect attention from Agusta'

Rediff.com9 May 2016

Saurabh Patel, energy minister, Gujarat, who has handled the energy portfolio since 2002, speaks to Archis Mohan on GPSC's investment in the KG basin and says the criticism is politically motivated.