News for 'Centrally Empowered Committee'

Does Modi have a coronavirus war room?

Does Modi have a coronavirus war room?

Rediff.com23 Apr 2020

Nivedita Mookerji goes in search of the elusive war room to track and respond to the coronavirus threat.

SC panel for not allowing tiger safaris, zoos in wildlife parks

SC panel for not allowing tiger safaris, zoos in wildlife parks

Rediff.com7 Feb 2023

A Supreme Court-constituted panel has asked the Union environment ministry to amend or withdraw the guidelines related to setting up zoos and safaris within tiger reserves and wildlife sanctuaries to discourage the use of wildlife habitats for tourism activities which are non-site specific.

Sushil Modi resigns as GST panel chief

Sushil Modi resigns as GST panel chief

Rediff.com17 Jun 2013

Sushil Kumar Modi, who ceased to be Bihar Finance Minister following the JD (U)-BJP split, on Monday resigned as Chairman of the Empowered Committee of State Finance Ministers looking into the implementation of the proposed new indirect tax regime - Goods and Services Tax (GST).

Petroleum and alcohol should be kept out of GST

Petroleum and alcohol should be kept out of GST

Rediff.com18 Nov 2013

The central government, in its revised draft of the constitution amendment bill, had proposed that fuel and liquor should be brought under the ambit of GST.

Mullaperiyar dam structurally, seismically safe: TN to SC

Mullaperiyar dam structurally, seismically safe: TN to SC

Rediff.com13 Nov 2021

The Tamil Nadu government has told the Supreme Court that "repeated assertion" by Kerala to seek decommissioning of the 126-year-old Mullaperiyar dam is "wholly impermissible" as the dam has been found to be hydrologically, structurally and seismically safe.

'Nobody is scared': Cong on Amethi, Raebareli suspense

'Nobody is scared': Cong on Amethi, Raebareli suspense

Rediff.com1 May 2024

'Has the BJP not announced its candidates in Raebareli?'

Sibal writes to states for special status to mobiles

Sibal writes to states for special status to mobiles

Rediff.com12 Feb 2013

It will help to lower their costs by 7-8 per cent.

Goa miner refuses to comment on black money charges

Goa miner refuses to comment on black money charges

Rediff.com27 Oct 2014

Radha Timblo, a Goa-based miner whose name figures in the black money list submitted in the Supreme Court, on Monday said she needs to study the government's affidavit before commenting on the issue.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Melghat rail line conversion: Maha CM for alternative routes

Melghat rail line conversion: Maha CM for alternative routes

Rediff.com15 Jul 2020

In his letters to Union environment minister Prakash Javadekar and Railway Minister Piyush Goyal, Thackeray said it would be appropriate to opt for alternative alignment of Akola-Khandwa line considering the long-term irreversible impact the work will have on endangered species like tigers.

Indian delegation meets Canadian tax experts in Toronto

Indian delegation meets Canadian tax experts in Toronto

Rediff.com24 Sep 2012

The empowered committee delegation, including state finance ministers participated in two round table conferences sponsored by the Indo-Canada Chamber of Commerce and the Canada-India Business Council. Tax experts from Couzon Taylor, Brian Wurts, HST Consulting etc, made presentations at the Canadian Imperial Bank of Commerce event.

Rahul doesn't want Priyanka to contest from Rae Bareli: Sources

Rahul doesn't want Priyanka to contest from Rae Bareli: Sources

Rediff.com2 May 2024

Sources said Rahul Gandhi is likely to contest from Rae Bareli, but a final call is yet to be taken by the first family of the Congress.

EPFO panel meet on Friday to grant tax exemption to PF trusts

EPFO panel meet on Friday to grant tax exemption to PF trusts

Rediff.com26 Mar 2014

The meeting has been called as the Finance Minister P Chidambaram did not extend a March 31 deadline for the trusts to get regular tax exemption through the Employees' Provident Fund Organisation.

FinMin rejects plea to double minimum EPS pension

FinMin rejects plea to double minimum EPS pension

Rediff.com12 Feb 2024

The Union finance ministry has rejected a proposal sent by the labour ministry to double the monthly minimum pension amount to Rs 2,000 under the Employee Pension Scheme (EPS). The Central Board of Trustees (CBT), the apex decision-making body of the Employee Provident Fund Organisation (EPFO), was apprised of the proposal's rejection during a meeting on Saturday. "According to the recommendations made by a highly-empowered monitoring committee constituted by the government, a proposal to increase the minimum pension under EPS from Rs 1,000 to Rs 2,000 per month, by providing additional budgetary support, was sent to the ministry of finance.

Salary hike: Govt employees may have to wait longer

Salary hike: Govt employees may have to wait longer

Rediff.com18 Jan 2016

The announcement of a deferral is expected to be part of Finance Minister Arun Jaitley's Budget speech on February 29.

SC refuses to stay new law on appointment of CEC, ECs

SC refuses to stay new law on appointment of CEC, ECs

Rediff.com12 Jan 2024

The bench asked senior advocate Vikas Singh, appearing for Congress leader Jaya Thakur, who sought a stay on the new law, to serve a copy of the petition to the Centre's counsel.

Cess, purchase tax, octroi outside GST

Cess, purchase tax, octroi outside GST

Rediff.com26 Dec 2007

Besides central cess, the Empowered Committee of State Finance Ministers has also recommended to keep purchase tax and octroi, which are collected at state and local levels, outside the GST framework.

And Thus Was Born NIA...

And Thus Was Born NIA...

Rediff.com8 Aug 2024

Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.

SC raises ceiling for iron ore mining in 3 K'taka districts including Ballari

SC raises ceiling for iron ore mining in 3 K'taka districts including Ballari

Rediff.com26 Aug 2022

The apex court raised the ceiling limit of iron ore mining from 28 MMT to 35 MMT for Ballari district, and from 7 MMT to 15 MMT for Chitradurga and Tumkur districts.

'I apologise for their sins', Modi tells Madigas in Hyderabad

'I apologise for their sins', Modi tells Madigas in Hyderabad

Rediff.com11 Nov 2023

Prime Minister Narendra Modi on Saturday said the Centre would soon form a committee which would adopt all possible ways for empowering Madigas (a SC community) with regard to their demand of categorisation of Scheduled Castes.

Inter-state trade costs may rise

Inter-state trade costs may rise

Rediff.com1 Jun 2005

GST from April 1 not feasible: FM

GST from April 1 not feasible: FM

Rediff.com23 Feb 2010

Finance Minister Pranab Mukherjee said 'yes' in a written reply to the Rajya Sabha when asked whether the chairman of the Empowered Committee of the State Finance Minister has expressed the opinion that it was not feasibile to implement GST from April 1, 2010.

Govt rushes to ease green norms for industry

Govt rushes to ease green norms for industry

Rediff.com4 Jan 2015

There is a proposal to term forests as areas so notified and not include plantations on private land.

Rs 5,000-6,000 cr to ease states' CST woes

Rs 5,000-6,000 cr to ease states' CST woes

Rediff.com27 Feb 2008

The empowered committee of state fnance ministers had recommended to the finance ministry that the Centre should provide direct budgetary support and transfer more services to states on account of the rate cut, sources said. States have refused to hike the value-added tax rate on more than 250 items like drugs, agricultural and industrial inputs from 4 per cent to 5 per cent to make up for revenue loss.

New GST regime to reduce paperwork

New GST regime to reduce paperwork

Rediff.com30 Nov 2007

In a move that will significantly reduce paperwork for producers of goods and services, the draft recommendations submitted by the all-states joint working group on goods and services tax (GST) have said one document will have to be filed.

Petrol, diesel to be out of GST

Petrol, diesel to be out of GST

Rediff.com26 Dec 2007

Petroleum products such as crude, motor spirit and diesel, and alcohol beverages will be kept outside the dual goods and service tax (GST) structure, which will be implemented from April 2010.

Hard Choice Modi Must Make

Hard Choice Modi Must Make

Rediff.com22 Aug 2024

Modi can abandon the path of Hindutva only at risk to his position within his own fraternity. But if he pursues a hard line, he faces the risk of being hauled up by his coalition-partners. For the first time in a decade, Modi is not in enviable situation, observes Nilanjan Mukhopadhyay.

EPFO panel grants tax exemption to 68 private PF trusts

EPFO panel grants tax exemption to 68 private PF trusts

Rediff.com28 Mar 2014

At present, the EPF subscribers are exempted from paying income tax on deposits.

Killing the goods and services tax

Killing the goods and services tax

Rediff.com13 Jan 2007

If states are to levy service tax, a combined GST will become a nightmare since a host of tax departments in each state will also have to be dealt with.

11 states ready to implement VAT from June

11 states ready to implement VAT from June

Rediff.com7 May 2003

At least 11 states accounting for two-third of the country's trade and industrial output are ready to introduce value-added tax from June

GST: Jaitley to meet state finance ministers tomorrow

GST: Jaitley to meet state finance ministers tomorrow

Rediff.com21 Apr 2015

The Bill was introduced in the Lok Sabha in December.

No hike in VAT rates in states

No hike in VAT rates in states

Rediff.com8 Apr 2008

An official panel on Tuesday ruled out any increase in value added tax (VAT) rates as part of a package to compensate states on account of revenue loss due to a one per cent cut in Central Sales Tax that was to have happened in the beginning of this fiscal.

Centre for VAT by April 2004

Centre for VAT by April 2004

Rediff.com9 Oct 2003

Govt plans tax information exchange

Govt plans tax information exchange

Rediff.com16 Mar 2005

The Centre is planning to establish a Taxation Information Exchange System to track inter-state trade of all commodities after the phase-out of Central Sales Tax.

VAT panel agrees for CST cut by 1% from Oct

VAT panel agrees for CST cut by 1% from Oct

Rediff.com25 May 2006

The official panel on value added tax decided on Thursday to ask the Centre to cut Central Sales Tax, imposed on inter-state movement in goods, to three per cent from the current four per cent from October.

Taxation processes to be reworked

Taxation processes to be reworked

Rediff.com9 Apr 2004

6 more states may switch to VAT in '06

6 more states may switch to VAT in '06

Rediff.com16 Dec 2005

Six more states are set to join the value added tax regime from April

States oppose GST Bill over compensation, petro issues

States oppose GST Bill over compensation, petro issues

Rediff.com11 Dec 2014

At a meeting of the Empowered Committee of State Finance Ministers, the Centre's plan to bring petroleum goods under GST regime was opposed.

Loss due to VAT? Rs 2,000 cr for Maha

Loss due to VAT? Rs 2,000 cr for Maha

Rediff.com10 Jun 2005

Maharashtra is likely to incur a revenue loss of Rs 1,500-2,000 crore (Rs 15-20 billion) in the current fiscal due to implementation of value added tax.