News for 'Department of Expenditure'

Aadhaar mandatory for MGNREGS work from April

Aadhaar mandatory for MGNREGS work from April

Rediff.com8 Jan 2017

However, ration card, driving licence, voter identity card, Kisan passbook with photo, job card issued under MGNREGS and a certificate issued by a gazetted officer or a tehsildar will be admissible as proof of identity for people to get the benefits under the scheme till the time they get Aadhaar.

India may grow at 6% in 2014-15: Harvard professor

India may grow at 6% in 2014-15: Harvard professor

Rediff.com23 Jul 2014

As per the Economic Survey for 2013-14, India's gross domestic product growth rate will improve to 5.4-5.9 per cent in the current fiscal after remaining at sub-5 per cent level for past two years.

Rail Budget's 92-year-old journey set to end

Rail Budget's 92-year-old journey set to end

Rediff.com14 Aug 2016

Likely to be merged with Union Budget from FY18

In Karnataka, Centre-state battle is over free cooking gas

In Karnataka, Centre-state battle is over free cooking gas

Rediff.com13 Mar 2018

Rebuffing petroleum ministry, Siddaramaiah launches Pradhan Mantri Ujjwala Yojana-like scheme months before state polls

RIL, Tata Steel, Adani to gain from investment allowance rejig

RIL, Tata Steel, Adani to gain from investment allowance rejig

Rediff.com3 Mar 2016

This amendment is proposed to be made retrospectively effective from FY16 onwards.

Doubts over new Income Declaration Scheme

Doubts over new Income Declaration Scheme

Rediff.com30 Nov 2016

CAs not sure if individuals declaring unaccounted money will get immunity from reassessment as these provisions are not covered in the Bill.

Tribunal sets aside I-T order on Maruti

Tribunal sets aside I-T order on Maruti

Rediff.com8 Aug 2013

The order, which came on Monday, stated that revenue authorities cannot split the agreement when the parties to the agreement considered the royalty and technical knowhow as a single package.

What India Inc wants from Suresh Prabhu

What India Inc wants from Suresh Prabhu

Rediff.com27 Sep 2017

Relax fiscal consolidation, boost public capex and reduce cost of finance, industry tells Centre

The loan that bankrolled Young Indian's adventure

The loan that bankrolled Young Indian's adventure

Rediff.com23 Dec 2015

Being a non-profit firm, Young Indian does not have a profit and loss account.

Hyderabad to have 3,000 Wi-Fi hotspots by June

Hyderabad to have 3,000 Wi-Fi hotspots by June

Rediff.com7 Jan 2016

Industry experts say there will be problems, as power supply is a concern for providing uninterrupted service

After Sibal, Digvijay slams plan panel's poverty criteria

After Sibal, Digvijay slams plan panel's poverty criteria

Rediff.com27 Jul 2013

Amid mounting criticism of poverty reduction estimates by the Planning Commission, Congress leader Digvijay Singh on Saturday joined Union Minister Kapil Sibal in questioning the criteria for fixing poverty line.

Spot the difference between Indian taxmen and their global peers

Spot the difference between Indian taxmen and their global peers

Rediff.com20 Apr 2015

India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.

As fuel prices skyrocket, it's the Centre who earned the most

As fuel prices skyrocket, it's the Centre who earned the most

Rediff.com8 Jun 2018

The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess

No change on gas price hike decision: Moily

No change on gas price hike decision: Moily

Rediff.com11 Jul 2013

Amidst Finance Ministry raising prospects of forcing Reliance Industries to sell gas at old price of $4.2, Oil Minister M Veerapa Moily on Thursday said there was no rethinking in the government on the decision to double gas rates from April 1, 2014.

With 1,752 COVID-19 cases, India sees biggest single-day jump; toll 723

With 1,752 COVID-19 cases, India sees biggest single-day jump; toll 723

Rediff.com24 Apr 2020

A total of 37 deaths were reported since Thursday evening of which 14 fatalities were reported from Maharashtra, nine from Gujarat, three from Uttar Pradesh, two each from Andhra Pradesh, Delhi, Madhya Pradesh,Tamil Nadu and Telengana and one from Karnataka, ministry data stated.

Undue benefits of Rs 156 cr provided to IT firms in Kerala: CAG

Undue benefits of Rs 156 cr provided to IT firms in Kerala: CAG

Rediff.com5 Jul 2015

CAG in the audit report on land issues in three IT parks also said 64% land given for IT development remained unutilised since 1990

No proposal of delisting: MTNL

No proposal of delisting: MTNL

Rediff.com3 Jul 2015

To revive BSNL and MTNL, DoT is taking various initiatives.

How banks can minimise losses from fraud

How banks can minimise losses from fraud

Rediff.com21 Mar 2018

25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'

SBI claims Rs 570 cr seized by poll officers in TN

SBI claims Rs 570 cr seized by poll officers in TN

Rediff.com14 May 2016

The SBI said its officials were ferrying Rs 570 crore after the Reserve Bank of India asked them to, to address a temporary cash shortage in Andhra Pradesh.

Fiscal credibility gets a boost in the Budget

Fiscal credibility gets a boost in the Budget

Rediff.com11 Mar 2016

The larger virtue of maintaining fiscal credibility should not be unduly diluted by quibbles on the fiscal math, says Sajjid Chinoy.

Economy on a strong wicket; fundamentals sound: Jaitley

Economy on a strong wicket; fundamentals sound: Jaitley

Rediff.com24 Oct 2017

Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.

Arun Jaitley enters his toughest quarter in years

Arun Jaitley enters his toughest quarter in years

Rediff.com2 Jan 2015

A tightrope walk ahead, especially as govt's fiscal deficit has already reached 99% of full-year estimates

'Railways will petition regulator for fare changes'

'Railways will petition regulator for fare changes'

Rediff.com19 May 2016

'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'

Now, Centre to cap subsidy on cooking gas

Now, Centre to cap subsidy on cooking gas

Rediff.com21 Oct 2014

The new system will entail a periodic revision in the price of subsidised LPG cylinders so that the subsidy remains fixed.

'Economic package is like an onion'

'Economic package is like an onion'

Rediff.com22 May 2020

'You peel one layer, then another layer, then another, but in the end, you will see that there is no onion inside.' 'This package has been packaged well, but there is nothing much inside the package!'

Time to focus more on inclusive medium term fiscal policy

Time to focus more on inclusive medium term fiscal policy

Rediff.com31 Jan 2017

Inclusive growth is about enabling wider participation in the growth story, but the current if fiscal debate is about how to compensate losers using annual Budgets, says Rathin Roy.

How Janardhana Reddy converted Rs 100 cr into white, suicide note explains

How Janardhana Reddy converted Rs 100 cr into white, suicide note explains

Rediff.com7 Dec 2016

Ramesh Gowda accused Reddy and a KAS officer of mentally torturing him.

'Irreversible loss' to Kashmir students due to unrest: Report

'Irreversible loss' to Kashmir students due to unrest: Report

Rediff.com10 Jan 2017

The education sector has been badly hit in Kashmir Valley during the five-month-long unrest, causing "irreversible loss" to students, the Economic Survey Report has said.

Directors' salaries under I-T scanner in new transfer pricing rules

Directors' salaries under I-T scanner in new transfer pricing rules

Rediff.com7 Oct 2013

Directors that are shareholders will also face more problems.

Will Arun Jaitley present an innovative Budget?

Will Arun Jaitley present an innovative Budget?

Rediff.com9 Feb 2015

The FM could scrap the secrecy around tax rates.

Delhi becomes first kerosene-free city in India

Delhi becomes first kerosene-free city in India

Rediff.com17 Jun 2014

The scheme was launched in 2012 in collaboration with three Oil Marketing Companies and Union Ministry of Petroleum and Natural Gas for which Delhi Government had incurred an expenditure of Rs 62 crore (Rs 620 million).

'We have great expectations from this Budget'

'We have great expectations from this Budget'

Rediff.com24 Feb 2015

Single window clearances for realty must.

FM says Indian economy to touch $5 tn in few years. Do you agree?

FM says Indian economy to touch $5 tn in few years. Do you agree?

Rediff.com2 Jun 2016

India, he said, has opened up its markets and stepped up public investment including in the infrastructure space and is concentrating a lot on boosting expenditure to improve the quality of rural life

Why did Modi shoot down farm loan waivers?

Why did Modi shoot down farm loan waivers?

Rediff.com31 Jan 2019

Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.

Affidavits on politicians' wealth must be challenged

Affidavits on politicians' wealth must be challenged

Rediff.com1 Oct 2014

The question we must ask is how do politicians get that wealth disclosed in the affidavits, says Mahesh Vijapurkar.

Sumit Bose likely to head PFRDA

Sumit Bose likely to head PFRDA

Rediff.com3 Dec 2013

The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.

The 4 factors that will revive India's growth story

The 4 factors that will revive India's growth story

Rediff.com25 Mar 2019

GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.

4 trusted Gujarat babus to join Team Modi

4 trusted Gujarat babus to join Team Modi

Rediff.com2 Apr 2015

All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.

Govt delays payments; IT contracts are one-sided: Tech Mahindra

Govt delays payments; IT contracts are one-sided: Tech Mahindra

Rediff.com2 Nov 2014

Tech Mahindra, the fifth largest IT exporter, is treading cautiously on the domestic turf, especially in hunting for government contracts, as it sees implementation a "grave risk" in this area.

Proposals worth Rs 5,000 cr stuck in bureaucratic indecisiveness

Proposals worth Rs 5,000 cr stuck in bureaucratic indecisiveness

Rediff.com2 Jul 2013

Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore