The Income Tax Department detected bogus expenditure claims and alleged transfer of share capitals worth crores of rupees through shell companies after it recently raided some entities in Karnataka and Uttar Pradesh, including people linked to the Samajwadi Party.
The best way for the railways to become more professional will be to get corporatised.
'We have promised to ensure reduced tax rates.'
The research found that 50% of the people were receiving either nothing or less cash than they were entitled in lieu of the subsidised grains that were stopped under the pilots starting from September 2015 till May 2016.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
The loss in Bihar has forced a change in NDA's market positioning, says Shekhar Gupta.
There were concerns that simply opening a bank account wouldn't constitute meaningful financial inclusion, as the poor would rarely use these accounts. However, recent data submitted to Parliament attests to increased account usage, says Ishan Bakshi.
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
The remarkable feature of those reforms unveiled in 1991 is that none of those decisions has been disowned by subsequent governments in the last 25 years.
The Budget will indicate where the Modi government stands on reforms, growth and development.
Noting that Aadhaar was an 'irreversible process', Unique Identification Authority of India Chairman Nandan Nilekani said on Friday they have targeted to enroll 60 crore (600 million) people by 2014.
In a path-breaking verdict, the Supreme Court on Thursday said bureaucrats should not act on verbal orders given by political bosses as it sought an end to frequent transfers and suggested a fixed tenure to insulate them from political interference.
'Change is the rule of politics.'
Sops for middle class, poor and farmers on cards.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
The BJP also announced a Rs 5 meal scheme for all, named after religious guru Anukul Chandra, and setting up of a Regional Institute of Medical Sciences hospital in Agartala.
The government has also hiked excise duty by 11 percent, which is in addition to the 6 per cent that was announced in the budget, he said.
He said the parties rejected by the electorate are pushing their own political agenda by misleading farmers.
BJP leaders, from Union ministers to its MPs, MLAs, all elected representatives besides organisational members, will fan out across the country to attend the programme and speak to farmers as well.
With clouds of storm hovering over Parliament's budget session, President Pranab Mukherjee on Monday sought the "cooperation" of all MPs in the smooth conduct of legislative business but gave no indication of plans to bring changes in the controversial land acquisition ordinance.
With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a bind, report Shiva Rajora and Aditi Phadnis.
He added that the risks can increase if the Chinese slowdown gathers more speed.
Disappointed over the Egyptian military's deadly crackdown on protesters, the United States has temporarily frozen some of its military aid to Egypt, including deliveries of tanks, F-16 aircraft and missiles as well as $260 million in cash.
To select the right platform, get the opinions of a few existing users or browse online for feedback. Select a platform that offers a seamless experience. Check that the platform you are going with is a regulated entity, suggests Sanjay Kumar Singh.
Be mindful that each instrument is governed by a different set of gifting rules and is also taxed differently.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
In his statement to the Enforcement Directorate, Dhoot conceded that Rs 64 crore had been transferred to Deepak Kochhar's NuPower Renewables through a web of entities to allegedly acquire wind farm properties.
He has now to show that he can take on the vested interests within the railways which are resisting change through corporatisation
These are initiatives not commonly seen in economic administration.
Bankers seem to be pleased with the government for keeping its promise of not interfering in operational matters, but are apprehensive about the intense scrutiny of their functioning.
India on Thursday sought strengthening of SAARC monitoring desks on terrorism and drugs, underlining that illicit funds generated from narcotics and fake currency networks are being fed into supporting terror activities
Renewable energy is mistakenly restricted to electricity.
Experts say improper records could lead to large-scale leakages and pilferage and benefits going to ineligible people.
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
'I believe the modified scheme is much more beneficial and simpler.'
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
The government has made its initial moves, good and not-so-good, while the roll-out in some cases has been slow.
Full liberalisation of the defence industry is necessary for both combat-readiness and security of long-term supplies, says Nitin Pai.
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
Assessing the shape of the Indian economy just a couple of days ahead of the Union Budget for 2016-17, Saugata Bhatacharya, senior vice president and chief economist, Axis Bank, speaks about his budget wishlist and suggests measures that can help finance minister Arun Jaitley achieve the targeted fiscal deficit of 3.5 per cent of India's gross domestic product.
