The minister said any declaration made under the law will be protected
Among other things, the agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector
Senior New Delhi-based journalist R Rajagopalan, who has been closely following the Union Budget preparations since 1977, lifts the veil off India's most secretive operation.
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Earlier, similar restrictions were imposed on commercial banks.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
'During Amit Shah's recent visit to Kerala, the strategy of concentrating the attacks on the CM on false charges was clear enough.'
The Central Bureau of Invesigation on Monday approached the Rajya Sabha secretariat seeking documents related to fake travel bills allegedly submitted by a Janata Dal-United MP against whom a case has been registered for making such claims.
If the government tries to bring in real estate under GST now, it will be a typical case of biting more than what one can chew, says Sukumar Mukhopadhyay.
Never before in post-reforms India have Union Budgets seen a steady reduction in fiscal deficit for five consecutive years, points out A K Bhattacharya.
'If the mandis were not working in Delhi, or the onion market in Nashik got affected, or there were disruptions because of unloading or loading in any sector in south India, we intervened.'
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
Govt to scrap 8 appellate tribunals; National Company Law Appellate Tribunal to take over Competition Appellate Tribunal's duties
'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in trouble?' 'It means, what happened was match-fixing.'
However, the company has claimed its vehicles are 'compliant' with the country's emission norms and that it will 'challenge' the tribunal's order.
The onus to explain that the gold jewellery was inherited or bought from known sources of income would be on the owner.
GST reform has been hanging fire since 2006-07.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
The government notified the compliance window under the Act.
Only when the RBI inspection started on September 19 did they realise that their game was up and one of them had sent a letter to the central bank, leading to the RBI crackdown, report Anup Roy and Subrata Panda.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
The Reserve Bank of India (RBI) is planning to introduce plastic currency notes as an experiment in five cities.
Large urban co-operative banks may come to be solely under the provisions of the Banking Regulation Act, even as the smaller among them are to remain within the exclusive fold of the Registrar of Co-operative Societies. The upcoming changes will bring the curtains down on the vexed issue of dual control of UCBs, which has been in vogue for 54 years. The new framework will affect 1,551 UCBs in the country, which had a total business of Rs 7.36 trillion.
It has always been accepted in various apex court rulings that economic policy is not justiciable. It can intervene only if the legislation is seen to violate fundamental rights says Sukumar Mukhopadhyay.
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Earlier, the RBI had imposed similar restrictions on commercial banks and NBFCs.
The biggest achievement of demonetisation is that it has brought about a social revolution against black money and corruption, says Sukumar Mukhopadhyay.
This is the second hike in excise duty in less than two weeks as the government looks to make use of the slump in oil prices to shore up resources.
Kolkata sheds its white-blue nocturnal hue with pink ball day-night Test.
The NBFC was registered on December 1998, with an office in Lucknow.
As part of this strategy, the e-commerce major has launched a programme to manage the entire business-to-business inventory supply and management for kirana stores in three cities in Karnataka.
The goods and services tax will level the playing field for different sectors of industry, including domestic manufacturing.
For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.
With the arrest of the film censor board's CEO on charges of demanding bribes to clear films, the regulatory role of the panel is in focus once again
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
The application makes it easy for IBM partners and clients like Polaris to build an entirely new class of cloud-based social business apps.
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