News for 'Finance Commission Report'

SC refuses to stay disqualification of 6 Congress MLAs

SC refuses to stay disqualification of 6 Congress MLAs

Rediff.com18 Mar 2024

The Supreme Court on Monday refused to stay the Himachal Pradesh assembly speaker's order disqualifying the six Congress rebels who had cross-voted in the recent Rajya Sabha polls in the state.

Covid-19: With great power comes great responsibility

Covid-19: With great power comes great responsibility

Rediff.com18 Jul 2020

Cities are setting the rules that now carry life and death implications for their residents, and most of these rules are sought to be set by the municipal authorities who have never wielded such power, reports Subhomoy Bhattacharjee.

For panchayats, financial freedom is a distant dream

For panchayats, financial freedom is a distant dream

Rediff.com10 Jun 2016

The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.

How the note purge affects India's states

How the note purge affects India's states

Rediff.com20 Dec 2016

The ripples from November 8 may be seen in next year's state budgets.

EC tells SC it can't be part of panel on freebies

EC tells SC it can't be part of panel on freebies

Rediff.com11 Aug 2022

The poll panel also referred to the reported strong oral observations of the top court against it during the last hearing on the PIL on the issue, saying they have "caused irreparable damage to the reputation of this institution built over the years".

26/11 attack mastermind Lakhvi gets 5-year jail term in terror financing case

26/11 attack mastermind Lakhvi gets 5-year jail term in terror financing case

Rediff.com8 Jan 2021

United Nations proscribed terrorist Lakhvi, 61, who was on bail since 2015 in the Mumbai attack case, was arrested by the Counter-Terrorism Department of Punjab province on Saturday.

Nawaz Sharif invites rival parties to form joint govt in Pakistan

Nawaz Sharif invites rival parties to form joint govt in Pakistan

Rediff.com9 Feb 2024

Sharif, the three-time former premier, said that there is a need for all the political parties to sit together and form a government to pull Pakistan out of its difficulties.

States demand more money from Centre ahead of Budget

States demand more money from Centre ahead of Budget

Rediff.com7 Feb 2016

We should work in unison to boost growth: FM

'Modi Fatigue Has Set In'

'Modi Fatigue Has Set In'

Rediff.com3 Apr 2024

'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'

Planning Commission job for Montek

Planning Commission job for Montek

Rediff.com16 Jun 2004

Eminent economist Montek Singh Ahluwalia was on Wednesday appointed deputy chairman of the Planning Commission.

Pak to stay on terror financing 'grey list' till Feb 2021

Pak to stay on terror financing 'grey list' till Feb 2021

Rediff.com23 Oct 2020

Pakistan failed to fulfil six of the 27 mandates so far as a result of which the country continues to be in the grey list of the FATF.

EU Commission proposes $8 bn loan for Greece

EU Commission proposes $8 bn loan for Greece

Rediff.com17 Jul 2015

Under the Commission proposal, Greece would get the whole 7 billion in one go

FBI source had contact with Osama in 1993: Report

FBI source had contact with Osama in 1993: Report

Rediff.com26 Feb 2014

The Federal Bureau of Investigation placed a source in direct contact with Osama bin Laden in 1993 and ascertained that the Al Qaeda leader was looking to finance terror attacks in the United States, according to a media report.

For every rupee in govt kitty, 53 paise to come from taxes

For every rupee in govt kitty, 53 paise to come from taxes

Rediff.com1 Feb 2021

The government is also looking to earn 8 paise for every rupee from Union excise duty and 3 paise from customs duty. While, income tax will yield 14 paise to every rupee collection.

How has Arun Jaitley fared as Finance Minister?

How has Arun Jaitley fared as Finance Minister?

Rediff.com8 Feb 2016

'The Budget that Mr Jaitley will present on February 29 will be crucial.'

Battered & bruised, Planning Commission loses more of its teeth

Battered & bruised, Planning Commission loses more of its teeth

Rediff.com3 Nov 2014

When Prime Minister Narendra Modi recently extended a Rs 8,000-crore (Rs 80 billion) central support for building roads in Jammu & Kashmir, Union Cabinet's approval for the big-ticket announcement came in barely 48 hours.

'DDCA scam': Delhi government appoints inquiry commission

'DDCA scam': Delhi government appoints inquiry commission

Rediff.com21 Dec 2015

The one-member commission of inquiry under former solicitor general Gopal Subramanium will probe the alleged irregularities in DDCA.

'It is a no-brainer that there will be a very sharp rebound next year'

'It is a no-brainer that there will be a very sharp rebound next year'

Rediff.com29 Sep 2020

'The CEA suggested that could be as high as 19 per cent.'

Does India really need a Pay Commission?

Does India really need a Pay Commission?

Rediff.com15 Jul 2016

The Pay Commission process is symptomatic of a national crisis within the Indian state.

'Despite Covid we don't care about health'

'Despite Covid we don't care about health'

Rediff.com7 Feb 2024

'The first duty of the government is to learn lessons from a bad experience and course correct. It's a pity that the government is making policy without looking at evidence and differentiating between immediate and urgent.'

Numbers Don't Add Up For BJP In Tamil Nadu

Numbers Don't Add Up For BJP In Tamil Nadu

Rediff.com19 Apr 2024

Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.

Major changes in finance ministry after Budget

Major changes in finance ministry after Budget

Rediff.com10 Jan 2017

Three key babus will make room for a new set of officers to carry the baton of Budget programmes.

It's fiscal! Centre-state ties to undergo drastic change

It's fiscal! Centre-state ties to undergo drastic change

Rediff.com13 Apr 2017

There will be a dramatic alteration in the role the Centre and the states will play to shape India's fiscal and economic destiny, report Nitin Sethi and Ishan Bakshi.

Govt won't stop insurance agents' commission

Govt won't stop insurance agents' commission

Rediff.com24 Nov 2009

Minister of state for finance Namo Narain Meena said 'No' in a written reply to the Rajya Sabha when asked whether the government is considering any proposal to discontinue insurance agents' commission.

Pay Commission recommends 23.55% hike; OROP for civilians too

Pay Commission recommends 23.55% hike; OROP for civilians too

Rediff.com19 Nov 2015

The total salary and pension bill of the central government, which will also include Railway employees, will go up from estimated Rs 4.33 lakh crore to Rs 5.35 lakh crore during 2016-17

7th Pay Commission recommends 2-fold hike in Military Service Pay

7th Pay Commission recommends 2-fold hike in Military Service Pay

Rediff.com20 Nov 2015

The 7th Pay Commission has recommended more than doubling the 'Military Service Pay' to defence personnel, and suggested that Short Service Commissioned Officers should be allowed to exit the Armed Forces at any point in time between 7 and 10 years of service.

Consumer finance: Smaller players fill the void

Consumer finance: Smaller players fill the void

Rediff.com4 Dec 2009

The exit of the big movers has meant more opportunities for local players such as Nambiar Finance, which is just one of the 1,465 non-deposit-taking NBFCs registered with the Mumbai office of the Reserve Bank of India.

Jaitley should have tightened the fiscal belt: Arvind Virmani

Jaitley should have tightened the fiscal belt: Arvind Virmani

Rediff.com7 Mar 2015

Budget has several small steps which will boost growth

It's final, Planning Commission will be scrapped

It's final, Planning Commission will be scrapped

Rediff.com15 Aug 2014

The Prime Minister said there is a need to have a relook at the structure of the Planning Commission and give it a new shape.

What to expect from Budget 2019

What to expect from Budget 2019

Rediff.com7 Jan 2019

The losses in state elections in Rajasthan, Madhya Pradesh, and Chhattisgarh have put the ruling party under pressure to announce swift measures aimed at addressing rural distress and lack of employment.

Independents backed by Imran's party take lead in Pak poll

Independents backed by Imran's party take lead in Pak poll

Rediff.com9 Feb 2024

Jailed ex-Pakistan premier Imran Khan's party-backed independent candidates on Friday sprang a surprise by winning 86 seats out of the 201 results declared following unusual delays and allegations of rigging, as the country appeared heading towards a hung assembly.

Pranab to table Economic Survey on Thursday

Pranab to table Economic Survey on Thursday

Rediff.com24 Feb 2010

A day before unveiling the Budget, Finance Minister Pranab Mukherjee will table the Economic Survey in Parliament on Thursday which will take stock of the economy and also the impact of stimulus on industry.

Finance ministry cover for PSU insurance 'cartel'

Finance ministry cover for PSU insurance 'cartel'

Rediff.com5 Jul 2012

Diktat to four general insurance companies says 'avoid competition' in any corporate or group account

5 things that differentiate NITI Aayog from Planning Commission

5 things that differentiate NITI Aayog from Planning Commission

Rediff.com7 Jan 2015

State governments are expected to play a more significant role

Three-judge bench to hear pleas against pre-poll freebies 'in entirety': SC

Three-judge bench to hear pleas against pre-poll freebies 'in entirety': SC

Rediff.com1 Nov 2022

A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said it was sitting in a combination of two and according to a reference order on the matter, it should go before a bench of three judges for disposal.

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Top-level bureaucratic reshuffle at Centre, Pant named new health secretary

Rediff.com14 Jun 2023

Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.

'Kerala faces a very serious Constitutional crisis'

'Kerala faces a very serious Constitutional crisis'

Rediff.com8 Nov 2022

'The administration will come to a standstill because the governor will not cooperate with the finance minister.'

28% GST on online gaming, casinos, horse race clubs get Cabinet nod

28% GST on online gaming, casinos, horse race clubs get Cabinet nod

Rediff.com9 Aug 2023

The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs, sources said. The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament, which will end on August 11. The GST Council in its 51st meeting on August 2 recommended amendments to the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.

GST rate likely to be over 12%: FinMin

GST rate likely to be over 12%: FinMin

Rediff.com4 Mar 2010

The Finance Commission (task force) had recommended an overall GST rate of 12 per cent 'but it is likely to be higher than that', revenue secretary Sunil Mitra said at a Confederation of Indian Industry seminar in New Delhi.

Reliance Power commissions world's largest solar project

Reliance Power commissions world's largest solar project

Rediff.com12 Nov 2014

The project is the largest investment undertaken by any private sector entity in CSP in India.