News for 'Finance Commission'

'Kamala Has A Very Strong Connect With India'

'Kamala Has A Very Strong Connect With India'

Rediff.com6 Nov 2024

'This victory would mean a huge inspiration for the next generation who can say that coming from India I can be anybody I want to be if I work hard and acquire the right skills.' 'They could be the next President, members of the Senate, or another Sundar Pichai.'

Lanka crisis: Gotabaya forms panel to manage finances

Lanka crisis: Gotabaya forms panel to manage finances

Rediff.com7 Apr 2022

The Sri Lankan government has appointed an advisory committee comprising eminent economic and fiscal experts to provide guidance on addressing the current debt crisis and engaging with the International Monetary Fund (IMF) and other lenders as the country struggles to combat the unprecedented shortage of foreign reserves.

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

RSS and its affiliates seek I-T cut, robot tax launch in upcoming Budget

Rediff.com30 Jun 2024

An increase in the farmer income support scheme PM Kisan Nidhi, the introduction of a 'robot tax' to fund reskilling of people who lose their jobs to artificial intelligence (AI), and a reduced income-tax (I-T) to bring relief to the middle classes - these are some of the items in the Budget wish list submitted by Sangh Parivar affiliates to Finance Minister (FM) Nirmala Sitharaman. Representatives of the affiliates of the Rashtriya Swayamsevak Sangh (RSS), such as the farmer organisation Bharatiya Kisan Sangh (BKS); trade union Bharatiya Mazdoor Sangh (BMS); Laghu Udyog Bharati, which works for micro and small industries; and Swadeshi Jagran Manch (SJM), which works on economic and policy issues, met the FM and other officials over the last couple of weeks as part of the pre-Budget consultations.

The Worrying Decline Of PSU Capex

The Worrying Decline Of PSU Capex

Rediff.com23 Feb 2023

The government must expedite its plan for asset sale and privatisation, both of which hardly got any mention in the Budget speech, points out A K Bhattacharya.

Indians Dominate TIME 100 AI Titans List

Indians Dominate TIME 100 AI Titans List

Rediff.com23 Sep 2024

The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.

Which is Better? FDs Or Debt MFs?

Which is Better? FDs Or Debt MFs?

Rediff.com5 Sep 2024

Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.

Government to use Finance Bill for leeway in spending

Government to use Finance Bill for leeway in spending

Rediff.com3 Feb 2018

This move will enable it to incur higher-than-mandated borrowing, and possibly spending, till the 2024 Lok Sabha election cycle.

EC seizes record Rs 4,650 cr ahead of Lok Sabha polls

EC seizes record Rs 4,650 cr ahead of Lok Sabha polls

Rediff.com15 Apr 2024

The commission said enforcement authorities have seized Rs 4,650 crore even before polling begins for the Lok Sabha elections and it is the "higher than total seizures" made in the 2019 polls

Old Tax Regime May Soon Be History

Old Tax Regime May Soon Be History

Rediff.com24 Jul 2024

There are a number of steps taken that will leave more money in the hands of the taxpayers.
These include the reduction in tax rates under the new tax regime, increase in standard deduction, allowing tax collected at source to be adjusted against tax deducted at source from salaries, notes Harsh Roongta.

CBI books second-biggest poll bond buyer Megha in Rs 315-cr graft case

CBI books second-biggest poll bond buyer Megha in Rs 315-cr graft case

Rediff.com13 Apr 2024

Megha Engineering had emerged as the second-biggest buyer of electoral bonds and donated the highest amount of about Rs 586 crore to the Bharatiya Janata Party, according to the data released by the Election Commission on March 21.

SC likely to set up a body to look into 'serious issue' of freebies

SC likely to set up a body to look into 'serious issue' of freebies

Rediff.com3 Aug 2022

The Supreme Court on Wednesday asked stakeholders like the Centre, Niti Aayog, Finance Commission and the Reserve Bank of India, to brainstorm on the 'serious' issue of freebies announced during elections and put forth 'constructive suggestions' to tackle it, saying no political party will oppose such handouts or like to debate it in Parliament.

RBI warns of more fiscal slippages for states

RBI warns of more fiscal slippages for states

Rediff.com8 May 2019

Ahead of the general elections, a slew of states and also the Centre had doled out sops to the marginalised sections, including the farmers and the poor.

Budget: Nirmalaji's Chance To Revisit Fiscal Math

Budget: Nirmalaji's Chance To Revisit Fiscal Math

Rediff.com19 Jul 2024

Whether she will pare the fiscal deficit target of 5.1 per cent of GDP, using the record dividend received from the RBI, or expand flagship government programmes will be keenly watched.

Got fake govt e-notice? Here's what to do

Got fake govt e-notice? Here's what to do

Rediff.com14 Jul 2024

Users should be aware of "fake emails" sent in the garb of a government e-notice, said the Indian Cyber Crime Coordination Centre (I4C) in a public advertisement.

BJP suffers huge setback in UP, Cong-SP win more seats

BJP suffers huge setback in UP, Cong-SP win more seats

Rediff.com5 Jun 2024

The Indian National Developmental Inclusive Alliance (INDIA) gave a huge blow to the ruling Bharatiya Janata Party-led National Democratic Alliance by winning 43 seats out of total 80 Lok Sabha seats of Uttar Pradesh, as per the Election Commission.

Shah, Adhir, Azad on 8-member simultaneous poll panel led by ex-Prez Kovind

Shah, Adhir, Azad on 8-member simultaneous poll panel led by ex-Prez Kovind

Rediff.com2 Sep 2023

Law Minister Arjun Ram Meghwal will attend the meetings of the committee as a special invitee, while legal affairs secretary Niten Chandra will be secretary to the panel.

Shocking! How a govt treats a commission of inquiry

Shocking! How a govt treats a commission of inquiry

Rediff.com1 Feb 2020

'The circumstances indicate that the government is not serious about the commission...' '...We are not at the mercy of the government.'

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Rediff.com7 Aug 2019

Sources in the Fifteenth Finance Commission said that they will implement the provisions after the bill is enacted and the President makes a reference to it.

Poll code first imposed in Kerala in1960, here is its history

Poll code first imposed in Kerala in1960, here is its history

Rediff.com15 Mar 2024

According to the Election Commission of India, the code has evolved over the last 60 years to assume its present form.

Budget: Time To Bet On Big Ideas

Budget: Time To Bet On Big Ideas

Rediff.com16 Jul 2024

The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.

BJP MLA Fights BJP Government On Corruption

BJP MLA Fights BJP Government On Corruption

Rediff.com14 Oct 2024

'I gave enough evidence and proof to punish corrupt officials.' 'But my own government has not filed any FIR against such officials.'

EXPLAINED: What is an electoral bond?

EXPLAINED: What is an electoral bond?

Rediff.com15 Feb 2024

No limit exists on the number of electoral bonds that a person (including corporate entities) can purchase.

RBI's 90 Year Journey

RBI's 90 Year Journey

Rediff.com10 Apr 2024

Sir Osborne Smith was the first governor of the Reserve Bank, serving from April 1, 1935, to June 30, 1937.

Will Kerala govt sack CPM MLA-actor Mukesh?

Will Kerala govt sack CPM MLA-actor Mukesh?

Rediff.com28 Aug 2024

On a day a sexual abuse case was registered against actor Siddique based on a complaint by a woman actor, the Left government appears to have adopted a cautious approach in the case of MLA Mukesh, with two ministers indicating that further action hinges on the findings of the probe by the special police team.

Two candidates in jail on terror charges win: Can they take oath?

Two candidates in jail on terror charges win: Can they take oath?

Rediff.com5 Jun 2024

Engineer Rashid has been lodged in the Tihar jail since August 9, 2019 on charges of alleged terror financing, while Singh has been booked under the National Security Act and sent to the Dibrugarh jail of Assam.

Future Gaming tops electoral bonds list with Rs 1368 cr; who are the others?

Future Gaming tops electoral bonds list with Rs 1368 cr; who are the others?

Rediff.com14 Mar 2024

These are the top buyers of the scrapped electoral bonds, the data for which was released by the Election Commission on Thursday.

Simultaneous poll panel to seek views of political parties

Simultaneous poll panel to seek views of political parties

Rediff.com23 Sep 2023

A high-level committee to explore the feasibility of conducting simultaneous elections, headed by former president Ram Nath Kovind, held its first meeting in New Delhi on Saturday and decided to invite political parties and the Law Commission to seek their views on holding synchronised polls in the country, a statement said.

Managing party without him is...: Ajit Pawar on uncle

Managing party without him is...: Ajit Pawar on uncle

Rediff.com16 Aug 2024

Maharashtra Deputy Chief Minister Ajit Pawar, who heads the Nationalist Congress Party, has said that helming the NCP away from the shadows of his uncle and founder Sharad Pawar after the split is a huge responsibility.

Govt to borrow about Rs 12 lakh cr in FY22: FM

Govt to borrow about Rs 12 lakh cr in FY22: FM

Rediff.com1 Feb 2021

Sitharaman also said states will get 41 per cent share of taxes as per the 15th Finance Commission recommendation and the government has accepted the recommendation.

'Modi wants to tour everywhere': Oppn criticises 7-phase LS poll

'Modi wants to tour everywhere': Oppn criticises 7-phase LS poll

Rediff.com16 Mar 2024

Kharge said conducting polls in seven phases meant that nearly all the development works will be stopped.

Noted economist BPR Vithal passes away

Noted economist BPR Vithal passes away

Rediff.com19 Jun 2020

Vithal, a 1950-batch IAS officer, died early on Friday morning due to old age ailments, his son Sanjay Baru, media advisor to former prime minister Manmohan Singh, told PTI.

Deshmukh told me extorted funds routed to Maha NCP chief: Ex-cop Param Bir

Deshmukh told me extorted funds routed to Maha NCP chief: Ex-cop Param Bir

Rediff.com13 Aug 2024

Singh asserted that Deshmukh set a staggering collection target of Rs 100 crore for his officers, specifically from Mumbai, while also discussing plans to target key opposition figures, including former Chief Minister Devendra Fadnavis of the Bharatiya Janata Party.

EPL: Everton win appeal to reduce points deduction

EPL: Everton win appeal to reduce points deduction

Rediff.com27 Feb 2024

The original points deduction meant Everton dropped from 14th in the standings into the relegation zone with four points. The club filed an appeal against the initial deduction, which they labelled "wholly disproportionate and unjust".

Bengal Guv 'feels unsafe' in presence of Kolkata cops

Bengal Guv 'feels unsafe' in presence of Kolkata cops

Rediff.com20 Jun 2024

West Bengal Governor C V Ananda Bose on Thursday said that he was apprehending a threat to his security because of the presence of the current contingent of Kolkata Police posted at Raj Bhavan in Kolkata.

Investment Commission gets nod

Investment Commission gets nod

Rediff.com27 Oct 2004

The government on Wednesday cleared the setting up of an Investment Commission to woo foreign as well as domestic investors for major projects in the country.

Electoral bonds: This firm is the biggest donor to TMC, DMK, YSRC

Electoral bonds: This firm is the biggest donor to TMC, DMK, YSRC

Rediff.com28 Mar 2024

Megha Engineering and Infrastructures Limited was the top donor to the Bharatiya Janata Party at Rs 584 crore and the Bharat Rashtra Samiti at Rs 195 crore.

Why Nehru had set up the Planning Commission

Why Nehru had set up the Planning Commission

Rediff.com15 Aug 2014

The 64-year-old Planning Commission, a vestige of the socialist era, will soon become history.

Lawyers cannot be sued for 'deficiency in service': SC

Lawyers cannot be sued for 'deficiency in service': SC

Rediff.com15 May 2024

The top court said a considerable amount of direct control is exercised by the client over the manner in which an advocate renders his services during the course of his employment.

Mohammad Yunus: The Nobel laureate Prof who will head new Bangladesh govt

Mohammad Yunus: The Nobel laureate Prof who will head new Bangladesh govt

Rediff.com7 Aug 2024

Life has come full circle for Nobel laureate Professor Mohammad Yunus, who faced persecution during Sheikh Hasina's regime for embezzlement, is now all set to head of the interim government in Bangladesh after she resigned and fled the country.

NHAI drafting new financing plan

NHAI drafting new financing plan

Rediff.com4 Jan 2011

After the Planning Commission rejected its financing plan for the second time, the National Highways Authority of India (NHAI) is preparing a new draft plan. The earlier proposals were rejected citing that NHAI would find it difficult to borrow funds from the market.