Modi, who also handles the finance portfolio in the Bihar government, replaces Asim Dasgupta, who had served in the post for over a decade since the formation of the body.
Sticking to its stand, the Bharatiya Janata Party government in Karnataka on Saturday asserted that it would not entrust the probe into the illegal mining issue to the Central Bureau of Investigation, but said a report would be submitted to the Supreme Court on the issues raised by a committee appointed by the apex court.
The announcement of a deferral is expected to be part of Finance Minister Arun Jaitley's Budget speech on February 29.
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.
Prime Minister Narendra Modi on Friday announced a Rs 100 per cylinder cut in cooking gas LPG price to ease financial burden on households. Non-subsidised cooking gas price will be cut to Rs 803 per 14.2-kg cylinder in the national capital with effect from midnight of Friday/Saturday, official sources said. Prices vary from state to state depending on the incidence on local taxes.
Hours after Desai said that the draft is ready to be submitted to the state government, Chief Minister Pushkar Singh Dhami said the Uniform Civil Code will soon be implemented in Uttarakhand.
The empowered committee of state finance ministers has virtually trashed the Thirteenth Finance Commission taskforce's Goods and Services Tax report.
Anil Kumble was re-appointed as Chairman of the ICC Cricket Committee for a three-year term.
After being ticked off by the Supreme Court-appointed Centrally Empowered Committee over "erroneous and incomplete data" on mining, Goa Chief Minister Manohar Parrikar has sought to deflect the blame on erstwhile Congress regime for the "mess-up".
Union Minister for Rural Development Jairam Ramesh sanctioned Rs 1133 crore to Tamil Nadu for upgrading 3,000 kilometers of roadways under Prime Minister Gramin Sadak Yojana.
The Supreme Court on Thursday cancelled 49 mining leases due to illegalities in Bellary, Tumkur and Chitradurga districts of Karnataka, but allowed resumption of activity in mines with lesser illegalities, as recommended by a Central Empowered Committee. CEC had categorised the mines in the area in three categories -- A, B and C. The mines with least or no irregularities were categorised as 'A' and those with maximum illegalities were placed in category 'C'.
Bihar's Deputy Chief Minister Sushil Kumar Modi tells Ajit Jain about tax lessons he learned in Canada
For the first time in his political career, he failed to carry his party to even a working majority -- and again, for the first time in his career, he finds himself in a situation where he cannot rule by dictatorial fiat, points out Prem Panicker.
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.
Expressing shock at the magnitude of the alleged illegal export of 35 lakh metric tons of iron ore by private firms in Karnataka, the Supreme Court on Thursday said it wants to explore the possibility if the guilty could be punished within six months.
The two-member technical panel comprising CD Thatte and DK Mehta had recently surveyed the dam site after Kerala expressed concerns over safety in the wake of recent tremors in the area
Maintaining that a Supreme Court appointed panel on Mullaperiyar Dam had accepted Kerala's demand for a new reservoir, Chief Minister Oommen Chandy on Friday said the state, which is locked in a row with Tamil Nadu on the issue, would bring it to the court's notice.
Member of the Supreme Court-appointed empowered committee on Mullaperiyar Dam, Justice K T Thomas on Thursday said it was unfortunate that some quarters had sought to politicise and whip up emotions on the panel's report, instead of looking at it rationally.
Coming out against the report of the Supreme Court-appointed Empowered Committee on Mullaperiyar dam, over which Kerala and Tamil Nadu are at loggerheads, Communist Party of India-Marxist veteran V S Achuthanandan on Monday said it was "unilateral and in favour of Tamil Nadu".
Centre is to allocate Rs 1,000 crore for Tamil Nadu from the Pradhan Mantri Gramin Sadak Yojana to lay roads in interiors of more than 1,000 kms connecting villages to main towns.
The GST Constitutional Amendment Bill is with the standing committee.
States have been advised to appoint financial advisors or set up an empowered committee with financial experts to oversee major spending decisions.
The Bill was introduced in the Lok Sabha in December.
The Supreme Court on Monday lifted its ban on iron ore mining operations in Karnataka by those companies which had not flouted lease conditions. A three-judge bench headed by Justice Aftab Alam accepted the report of its Central Empowered Committee, which had said that Category 'A' leases which consist of 21 operational and 24 non-operational leases should be allowed to carry on their business as they have not violated any rules.
Prime Minister Manmohan Singh seems to be sitting on the proposal, while requests continue to flow in from states to add more names to the delegation.
'There is ample evidence to suggest that attacks on the PM's probity and his connections with business houses do not resonate with voters.'
Wants all services included in tax, with a negative list.
With the probe of the Centre-appointed Shah commission into alleged irregularities entering its last lap, Goan miners have started bracing themselves for a possible Karnataka-like blanket ban on mining and exports.
Sushil Kumar Modi tells Business Standard the spirit of collective federalism needs to be heeded by all sides if the key reform is to become a reality.
The mining scam had first rocked Karnataka and now Goa. While the mess in Karnataka is well known, the scenario in Goa is no different. The Central Empowered Committee in its interim report on illegal mining in Goa has found various illegalities in its detailed report, a copy of which is with Rediff.com.
In a relief to the Hindu side, the Supreme Court on Friday refused to stay the Allahabad high court order allowing the Archaeological Survey of India (ASI) to conduct a scientific survey at the Gyanvapi mosque complex to determine if the 17th-century structure was built upon a pre-existing temple.
The CEC gave its latest report to the Supreme Court on Thursday.
The Karnataka government would abide by the Supreme Court decision on the recommendation of Central Empowered Committee to extend Central Bureau of Investigation probe into illegal mining in the state, Chief Minister D V Sadananda Gowda said on Friday.
The Supreme Court on Friday suspended mining activities in Tumkur and Chitradurga districts of Karnataka, saying it would not change its order until a proper rehabilitation programme is formed. A three-judge forest bench headed by Chief Justice S H Kapadia gave the order on a recommendation by its expert panel for halting extraction of iron ores in Tumkur and Chitradurga districts of Karnataka.
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.
Bihar deputy chief minister and finance minister Sushil Modi was on Monday elected the new chairman of the empowered committee of state finance ministers.
Officials said Mukherjee had proposed the name of Modi for the post, as an experienced person like him could have helped convince BJP-ruled states to move ahead on the Goods & Services Tax (GST).
Delhi and Maharashtra may lower value added tax on bullion to 0.25 per cent as consensus on introducing uniform floor rate for precious metals seemed difficult to emerge at the empowered committee's meeting on Wednesday
Despite Tamil Nadu's objections, a Supreme Court-appointed Empowered Committee on Mullaperiyar Dam issue on Monday asked the state and Kerala to file their response by Friday on the ownership mechanism of a new dam, if built in place of the existing structure.
The Supreme Court-appointed Central Empowered Committee on Friday said that large-scale illegal mining was going on in Karnataka, particularly in Bellary district, in connivance with officials and public representatives.A special forest bench headed by Chief Justice S H Kapadia issued a notice to the state government and sought its response on various findings in the CEC's interim report, including the export of 304.91 lakh metric tonnes of iron ore without valid permit.
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