News for 'Finance Commission Report'

Opposition inciting riots over CAA: Shah

Opposition inciting riots over CAA: Shah

Rediff.com28 Feb 2020

"Shouldn't they get Indian citizenship? Shouldn't their human rights be protected?" Shah asked the audience which responded with a resounding "yes".

How Babus did during the Pandemic: A report card

How Babus did during the Pandemic: A report card

Rediff.com18 Jan 2021

The Covid pandemic has left a question mark on how the central government manages its staff.

Delhi docs end hunger strike after salaries released

Delhi docs end hunger strike after salaries released

Rediff.com29 Oct 2020

While five resident doctors of Hindu Rao Hospital had been sitting on a relay hunger strike since Friday, the senior doctors of the North Corporation-run facilities had gone on an indefinite strike on Tuesday. Their associations had joined hands in solidarity since Tuesday.

Indian startup ecosystem has potential to be growth engine: Survey

Indian startup ecosystem has potential to be growth engine: Survey

Rediff.com29 Jan 2021

The Indian startup ecosystem, which defied odds during a pandemic-hit year to create record 12 unicorns, has the potential to be the engine of growth in the medium to long run, according to the Economic Survey 2020-21. The survey noted that startups are the platform for entrepreneurs who have the ability to think out of the box and innovate to conceive products that can create a niche for themselves in a dynamically changing world.

Indian fiscal policy flawed: World Bank

Indian fiscal policy flawed: World Bank

Rediff.com14 Jun 2004

Terming India's fiscal decentralisation as 'flawed', the World Bank has mooted six broad strategies, including strengthening the state finance commissions, broadening tax base and greater devolution of power to Panchayati Raj institutions.

AAP again questions genuineness of Modi's degrees

AAP again questions genuineness of Modi's degrees

Rediff.com2 Apr 2023

The Aam Aadmi Party on Sunday raised questions on the genuineness of Prime Minister Narendra Modi's degrees and claimed that they would turn out to be fake if a probe is conducted.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

PM names top panel to monitor drought

PM names top panel to monitor drought

Rediff.com13 Aug 2009

In view of the severe drought and growing prices of essential commodities, Prime Minister Manmohan Singh has constituted a crisis management group of Ministers (GoM) for monitoring the situation on a day-to-day basis.

RBI yet to hear from Election Commission on bank licences

RBI yet to hear from Election Commission on bank licences

Rediff.com20 Mar 2014

A section of the media on Thursday reported, quoting an unnamed EC official, that it may not allow RBI to go ahead with the plan before the polls and that they need more clarity from the Mint Road on certain aspects.

For every rupee in govt kitty, 64 paise come from taxes

For every rupee in govt kitty, 64 paise come from taxes

Rediff.com1 Feb 2020

The collection from borrowings and other liabilities will be 20 paise, while income tax will yield 17 paise to every rupee collection.

MSMEs caught between a rock and a hard place

MSMEs caught between a rock and a hard place

Rediff.com3 Apr 2023

Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.

IEPFA reaches out to top hundred firms to ease investor claims' process

IEPFA reaches out to top hundred firms to ease investor claims' process

Rediff.com2 Jun 2023

The investor education and protection fund authority (IEPFA) has reached out to top hundred companies to reduce the documentation required for individuals trying to claim their shares, according to a senior government official. Recently, the Supreme Court-appointed expert panel on the Adani-Hindenburg case had raised issues such as capacity constraints faced by IEPFA in clearing these claims which are over Rs 5,000 crore. "Our immediate priority is to ensure that claims of those investors whose application was approved a year ago but the transfer has not gone through yet are settled first.

Shaktikanta Das first RBI governor under Modi to get extension

Shaktikanta Das first RBI governor under Modi to get extension

Rediff.com29 Oct 2021

The government has extended the term of Reserve Bank of India Governor Shaktikanta Das by another three years upto December 2024, according to an official order.

NSSO report puts a hole through govt's GDP claims

NSSO report puts a hole through govt's GDP claims

Rediff.com8 May 2019

The technical report of the NSSO has generated controversy following its observation that as much as 36 per cent units forming part of MCA-21 database, used in computing GDP, could not be either identifiable or traceable in the field.

Panel to set norms for film financing

Panel to set norms for film financing

Rediff.com6 Nov 2003

The government has constituted a high-powered committee, headed by Planning Commission Member NK Singh, to set new guidelines for regulating film financing.

Indian-American filmmaker indicted for campaign finance fraud

Indian-American filmmaker indicted for campaign finance fraud

Rediff.com24 Jan 2014

Indian-American filmmaker Dinesh D'Souza, who had made a documentary on US President Barack Obama, has been indicted on charges of violating federal campaign finance laws.

Government faces flak over Finance Bill in Rajya Sabha

Government faces flak over Finance Bill in Rajya Sabha

Rediff.com27 Mar 2017

The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.

Plan panel scales down fiscal targets

Plan panel scales down fiscal targets

Rediff.com23 Aug 2011

The Planning Commission projected the Centre's fiscal deficit to come down to three per cent of the gross domestic product.

'Adani Group is a man-made disaster in the making'

'Adani Group is a man-made disaster in the making'

Rediff.com27 Jan 2023

In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.

PlanCom should be replaced by new think tank: Evaluation Office

PlanCom should be replaced by new think tank: Evaluation Office

Rediff.com24 Jun 2014

Assessment note says panel acts as control commission, especially in fund allocations to states.

Should there be a calamity levy?

Should there be a calamity levy?

Rediff.com5 Oct 2018

Experts have flagged issues regarding the levying of new cess/tax, especially those related to complications in administering the cess.

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Khalistan Tiger Force chief shot dead outside gurdwara in Canada

Rediff.com19 Jun 2023

The unidentified youths shot Nijjar, a designated terrorist, inside the premises of Guru Nanak Sikh Gurdwara Sahib, of which he was the head, at Surrey at 8:27 pm (local time) on Sunday, they said.

Don't deny Rs 50K ex gratia in Covid deaths, SC tells states

Don't deny Rs 50K ex gratia in Covid deaths, SC tells states

Rediff.com4 Oct 2021

The Supreme Court Monday said no state should deny the ex-gratia compensation of Rs 50,000, as recommended by National Disaster Management Authority (NDMA), to the kin of persons who died of COVID-19 on the sole ground that death certificate does not mention it as the cause of death.

Rajnath's swipe at Aamir in Lok Sabha: 'Ambedkar didn't want to leave India'

Rajnath's swipe at Aamir in Lok Sabha: 'Ambedkar didn't want to leave India'

Rediff.com26 Nov 2015

Union Home Minister Rajnath Singh on Thursday said B R Ambedkar had never thought of leaving the country despite being subjected to insult and discrimination.

Can state govts match Centre bonanza?

Can state govts match Centre bonanza?

Rediff.com26 Mar 2008

Since most of the States' coffers are depleting the hike in salaries in states is unlikely to match the central government. The payout is likely to be deferred levels. Besides, many states have their own pay commissions. However, state govt employees are assessing whether it is the central pay commission's recommendations that will be more beneficial for them or the state govt's own, as state commission's recommendations are reviewed every 5 years and centre's every 10 years.

BJP demands removal of DCW chief after court order over illegal appointments

BJP demands removal of DCW chief after court order over illegal appointments

Rediff.com9 Dec 2022

In a letter to Saxena, the BJP's West Delhi MP Parvesh Verma demanded Maliwal's removal from her position.

Nijjar trained youth to carry out attacks on India: Sources

Nijjar trained youth to carry out attacks on India: Sources

Rediff.com23 Sep 2023

Nijjar was a close associate of Gurdeep Singh alias Deepa Heranwala, who was involved in the killing of around 200 people in Punjab during the late 1980s and early 1990s.

'Finance ministry supported NSE in fight with MCX'

'Finance ministry supported NSE in fight with MCX'

Rediff.com22 Mar 2014

Chary also says some government officials have played an important role in favouring organisations that MCX competes with.

ED summons Maha NCP chief in IL&FS money laundering case

ED summons Maha NCP chief in IL&FS money laundering case

Rediff.com11 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency in Mumbai on Friday, they said. Patil, a former minister of home and finance, is also the Maharashtra president of the NCP and is a seven-term legislator.

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

TN assembly session begins; EPS abstains, rival OPS attends on Day 1

Rediff.com17 Oct 2022

Assembly Speaker M Appavu said leaders of the two AIADMK factions submitted him 6 letters, including 4 from Palaniswami, asking for separate seating arrangement in the Assembly for their respective members.

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Can Nitish-Tejashwi's second coming stem Bihar's rot?

Rediff.com12 Aug 2022

Various indicators make it amply clear that there are grave challenges facing the new government of Chief Minister Nitish Kumar, reports Indivjal Dhasmana.

New CAG guidelines to be unveiled on Tuesday

New CAG guidelines to be unveiled on Tuesday

Rediff.com20 Jun 2011

In line with the recommendations of the 12th and 13th Finance Commissions and the second Administrative Reforms Commission, the operational guidelines suggest shifting from the present cash-based accounting system to an accrual basis of accounting.

Next round of G20 meetings in Gujarat from March 27

Next round of G20 meetings in Gujarat from March 27

Rediff.com22 Mar 2023

Gujarat will host the next round of G20 meetings from March 27 to April 4, during which three conclaves will be held in the state on a range of issues, where delegates from different countries will converge for participation, an official said.

Few things Jaitley will discuss with state FMs on upcoming Budget

Few things Jaitley will discuss with state FMs on upcoming Budget

Rediff.com25 Dec 2014

Finance Minister Arun Jaitley to discuss key issues with state finance ministers.

For every rupee in govt kitty, 68 paise come from taxes

For every rupee in govt kitty, 68 paise come from taxes

Rediff.com5 Jul 2019

Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.

14-year-old girl raped, thrown into furnace in Rajasthan

14-year-old girl raped, thrown into furnace in Rajasthan

Rediff.com3 Aug 2023

A 14-year-old girl was allegedly murdered and her body was burnt in a coal furnace in Rajasthan's Bhilwara district, the police said on Thursday.

Truth shall prevail, says Robert Vadra over land deal row

Truth shall prevail, says Robert Vadra over land deal row

Rediff.com29 Apr 2017

Vadra posted the remark on Facebook as the Congress came out in defence of Vadra and accused the Bharatiya Janata Party of practising political vendetta.

ED allowed to share information about economic offenders with 15 more agencies

ED allowed to share information about economic offenders with 15 more agencies

Rediff.com28 Nov 2022

The government has allowed the Enforcement Directorate to share information about economic offenders with 15 more agencies, including SFIO, CCI and NIA, a move that will expedite nailing of law-breakers. The finance ministry notified changes to the Prevention of Money Laundering Act (PMLA), 2002, on November 22. Through the notification, the Enforcement Directorate (ED), which deals primarily with cases of money laundering and violations of foreign exchange laws, would be able to share data with a total of 25 agencies, including the 10 specified earlier.

Manchester City accused of breaching more than 100 financial rules

Manchester City accused of breaching more than 100 financial rules

Rediff.com6 Feb 2023

City's alleged breaches stretch from the 2009-10 season to the 2017-18 campaign, the league said on Monday.

You may have to pay tax on 3rd child in Orissa

You may have to pay tax on 3rd child in Orissa

Rediff.com23 Aug 2006

The recommendation was for imposing a cess of Rs 60 a year for families above the poverty line and Rs 25 for families below the poverty line, its report said.\n\n