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.'

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.

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.

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.

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Rediff.com18 Sep 2021

Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".

Financial dues: Tamil Nadu CM irked

Financial dues: Tamil Nadu CM irked

Rediff.com4 Jun 2009

Tamil Nadu chief minister M Karunanidhi said on Thursday that 'performing states' like Tamil Nadu have not been receiving their 'due share' from successive finance commissions, who, he alleged, gave more importance to backward states. He called for more allocation to the state from the Central Relief Fund, "considering the natural calamities," the compensation for which, especially crop loss, needed to be substantially increased.

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.

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.

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.

Fraternity, prosperity and polarisation

Fraternity, prosperity and polarisation

Rediff.com28 Mar 2023

Economic stagnation is the advance payment for polarisation, which extracts a terrible price.

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.

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.

Govt mulls investment commission

Govt mulls investment commission

Rediff.com15 Jun 2004

What must replace the Planning Commission

What must replace the Planning Commission

Rediff.com18 Aug 2014

There are justifiable concerns that, if all financial allocation powers are now shifted to the finance ministry, then the end of the Commission might be counter-productive -- states' needs could, in fact, be addressed less.

Deshpande to be pro-tem Speaker in 3-day Karnataka assembly session from Monday

Deshpande to be pro-tem Speaker in 3-day Karnataka assembly session from Monday

Rediff.com21 May 2023

The first Karnataka legislative assembly session, after the formation of the new government will be held on starting Monday next week in Bengaluru.

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.

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

UP, Maharashtra have maximum debt, says petitioner in freebies PIL

Rediff.com11 Aug 2022

The states have outstanding liabilities of a whopping Rs 59,89,360 crore as on March 31, 2021, and the new sources of risk have emerged in the form of rising expenditure on non-merit freebies, the Supreme Court was told on Thursday by a PIL petitioner opposing irrational handouts.

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.

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".

'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.

Sitharaman on why GST compensation to some states is delayed

Sitharaman on why GST compensation to some states is delayed

Rediff.com13 Feb 2023

Union Finance Minister Nirmala Sitharaman on Monday said GST compensation to some states is delayed due to non-availability of AG's authenticated certificate, and that Kerala has not sent even a single such certificate since 2017-18. Replying to a supplementary question, she also said that Rs 86,912 crore has been released for the Goods and Services Tax (GST) compensation payable to all states up to May 31, 2022. She said as per law, GST Council decides to whom the GST compensation is to be released, not by the central government.

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.

EC wants parties to give info on financial viability of poll promises

EC wants parties to give info on financial viability of poll promises

Rediff.com4 Oct 2022

Amid a debate on the freebies, the Election Commission on Tuesday proposed amending the model code to ask political parties to provide authentic information to voters on the financial viability of their poll promises.

Finance Minister Sitharaman faces an economy under pressure

Finance Minister Sitharaman faces an economy under pressure

Rediff.com31 May 2019

A stern articulator with outspoken views and a dignified personality, Sitharaman now bears the responsibility of steering the economy which has witnessed sluggish growth in recent quarters.

Ministries to get the same budget funds as last year

Ministries to get the same budget funds as last year

Rediff.com18 Jan 2021

The government, it would seem, is reserving its firepower to spend on big-ticket items that will be announced in the Budget, reports Subhomoy Bhattacharjee.

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.

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.

Kerala governor reads out criticism of Centre in House address as Oppn cries foul

Kerala governor reads out criticism of Centre in House address as Oppn cries foul

Rediff.com18 Feb 2022

Amid the opposition UDF's sloganeering against him, Kerala Governor Arif Mohammed Khan on Friday delivered the customary address to the assembly with the policy document outlining the Left government's administrative achievements and criticising the Centre for allegedly pushing the state to financial constraints by reducing its resource allocations.

13 terror financers in J-K identified: Officials

13 terror financers in J-K identified: Officials

Rediff.com24 Mar 2019

'Individuals have been found providing money to major terrorist groups, Hurriyat leaders, separatists and stone-pelters in Jammu and Kashmir.'

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.

Farm laws: Centre to take states route

Farm laws: Centre to take states route

Rediff.com29 Nov 2021

'As far as contract farming is concerned, we already have a model Act and states will be encouraged to adopt them.'

Mass exodus: 400 million people headed to cash-strapped Indian cities

Mass exodus: 400 million people headed to cash-strapped Indian cities

Rediff.com24 Jun 2015

The time is ripe for debate on city governments in India.

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.'

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

Kick-start likely for finance SEZs in Budget

Kick-start likely for finance SEZs in Budget

Rediff.com19 Feb 2015

Finance firms in these SEZs likely to get tax breaks.

Jaitley had defended anonymity of electoral bonds

Jaitley had defended anonymity of electoral bonds

Rediff.com15 Feb 2024

Years before the Supreme Court struck down as 'unconstitutional' an opaque political funding tool that allowed individuals and companies to donate money to political parties anonymously and without any limits, the then finance minister Arun Jaitley -- the prime mover of electoral bonds -- had termed them legitimate and transparent.

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.

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.

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.'

'One nation, one solution', get rid of BJP: Kharge

'One nation, one solution', get rid of BJP: Kharge

Rediff.com3 Sep 2023

Kharge termed the high-level committee constituted by the Centre to examine the feasibility of 'One Nation, One Election' a 'gimmick' and alleged the Modi government wants to slowly replace democracy in India with dictatorship.