News for 'Finance Commissions'

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.

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.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.'

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.

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.

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.

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.

'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.

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.

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".

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.

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.

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.

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.

Stopped from speaking, Mamata storms out of Niti Aayog meet

Stopped from speaking, Mamata storms out of Niti Aayog meet

Rediff.com27 Jul 2024

Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.

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.

'Pak-China Have Shifted Focus From K To J'

'Pak-China Have Shifted Focus From K To J'

Rediff.com19 Jul 2024

'The Galwan clash in 2020 resulted in a large number of troops being moved from J&K to Eastern Ladakh which caused a thinning of deployment in the Jammu area.'

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.

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Union Budget 2024-25: MSMEs bat for Rs 5,000 crore export booster

Rediff.com3 Jul 2024

India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."

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.

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: SC to hear SBI's plea and contempt petitions tomorrow

Electoral bonds: SC to hear SBI's plea and contempt petitions tomorrow

Rediff.com10 Mar 2024

The apex court bench, also comprising justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra, will assemble at 10.30 am to hear the two petitions.

Out of power in Telangana, BRS eyes LS elections for redemption

Out of power in Telangana, BRS eyes LS elections for redemption

Rediff.com19 Mar 2024

With the Congress in power in the state and the Bharatiya Janata Party (BJP) snapping at its heels, the BRS is now fighting an existential battle.

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.

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.

SC to hear SBI's plea on electoral bonds on Mar 11

SC to hear SBI's plea on electoral bonds on Mar 11

Rediff.com8 Mar 2024

The bench, headed by Chief Justice D Y Chandrachud, will also hear a separate plea which has sought initiation of contempt action against the SBI alleging it "wilfully and deliberately" disobeyed the apex court's direction to submit details of the contributions made to political parties through electoral bonds to the Election Commission by March 6.

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.

For every rupee in govt coffer, 58 paise to come from taxes

For every rupee in govt coffer, 58 paise to come from taxes

Rediff.com1 Feb 2022

For every rupee in the government coffer, 58 paise will come from direct and indirect taxes, 35 paise from borrowings and other liabilities, 5 paise from non-tax revenue like disinvestment and 2 paise from non-debt capital receipts, according to the Budget documents for 2022-23. According to the Union Budget 2022-23 presented in Parliament by Finance Minister Nirmala Sitharaman on Tuesday, goods and services tax will contribute 16 paise in every rupee revenue, while corporation tax will contribute 15 paise to each rupee earned. The government is also looking to earn 7 paise for every rupee from Union excise duty and 5 paise from customs duty. Income tax will yield 15 paise to every rupee collection.

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.