News for 'Finance Ministry and Department of Posts'

Imported O2 concentrators: SC stays HC order on levy of IGST

Imported O2 concentrators: SC stays HC order on levy of IGST

Rediff.com1 Jun 2021

The Supreme Court on Tuesday stayed the operation of a Delhi high court order holding as "unconstitutional" the imposition of the Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen concentrators by individuals for personal use. A special bench of Justices D Y Chandrachud and M R Shah issued notice on the plea and sought response from the petitioner, who filed a PIL before the high court.

Cut the red tape and let private sector manage surplus govt land

Cut the red tape and let private sector manage surplus govt land

Rediff.com8 Mar 2021

Maybe Modi could ask a patriarch of the stature of the late G D Birla to flesh out the details of a new company to manage government land privatisation.

Bangladesh hangs ex-Army officer for Sheikh Mujib's assassination

Bangladesh hangs ex-Army officer for Sheikh Mujib's assassination

Rediff.com12 Apr 2020

Former captain Abdul Majed was hanged for his involvement in the 1975 coup in which the country's founder Bangabandhu Sheikh Mujibur Rahman was assassinated, nearly four-and-a-half decades after the high profile massacre.

4 trusted Gujarat babus to join Team Modi

4 trusted Gujarat babus to join Team Modi

Rediff.com2 Apr 2015

All the Gujarat cadre officers have one thing in common. They do not need Modi's 'informal interactions' and advice because they are from the so-called 'Modi school of governance.' They know Modi well enough to perform their assigned roles.

Sebi staring at vacancies at the top

Sebi staring at vacancies at the top

Rediff.com12 Jan 2017

The chairman's post will soon fall vacant, but that's not the only one that needs to be filled.

Assam Accord: Govt forms 8-member panel for implementation

Assam Accord: Govt forms 8-member panel for implementation

Rediff.com2 Oct 2021

The Assam government has set up an eight-member committee to prepare a framework for implementation of all clauses of the 36-year-old Assam Accord, especially the Clause-6 report prepared by a central panel pertaining to protecting the cultural, social and linguistic identity and heritage of the indigenous people, officials said on Saturday.

Delhi govt cancels appointment of 9 advisors to AAP ministers

Delhi govt cancels appointment of 9 advisors to AAP ministers

Rediff.com17 Apr 2018

Sources said the MHA directions came after the services department wrote to it seeking to know the legal status of the appointment of the nine advisors.

Centre introduces ease of living index in 114 cities

Centre introduces ease of living index in 114 cities

Rediff.com8 Feb 2020

Launched by the ministry of housing and urban affairs, the ease of living index (EoLI) is aimed at providing a holistic view of the country's cities. These will be done on parameters like services provided by local bodies, effectiveness of the administration, outcomes generated through those services in terms of liveability and citizens' perception of the outcomes.

'Budget is not the last word on PSU banks' recapitalisation'

'Budget is not the last word on PSU banks' recapitalisation'

Rediff.com1 Mar 2016

Arun Jaitley addressed a post-Budget press conference.

Modi, team to start pre-Budget consultations next week

Modi, team to start pre-Budget consultations next week

Rediff.com14 Dec 2019

In the 2020-21 Budget, the prime minister and the finance minister are keen to stamp their narrative, after various rollbacks following the previous Budget, said top government sources. Besides the scheduled meetings, the sources said, the Prime Minister's Office is expected to hold several meetings with top secretaries and officials on various ongoing schemes, their performance and also how some of them could be tweaked for better results.

Only 18,358 individual taxpayers declared income of over Rs 1 cr in FY12

Only 18,358 individual taxpayers declared income of over Rs 1 cr in FY12

Rediff.com30 Apr 2016

Income-tax data released by FinMin after 15 years

Rajib Gauba takes charge as home secretary

Rajib Gauba takes charge as home secretary

Rediff.com31 Aug 2017

Gauba took chargeafter incumbent Rajiv Mehrishi retired from service.

Indian diplomats' domestic trouble

Indian diplomats' domestic trouble

Rediff.com9 Jul 2015

Contracts with India-based domestic assistants for officials abroad have become a headache for the Indian government.

Revised I-T ombudsman norms get nod

Revised I-T ombudsman norms get nod

Rediff.com10 Mar 2006

Payment banks cannot launch other financial operations

Payment banks cannot launch other financial operations

Rediff.com17 Jun 2014

Focus to be on unbanked areas; initial capital is set at Rs 100 crore; India Post can apply.

Efforts to sell PSU stakes lose steam

Efforts to sell PSU stakes lose steam

Rediff.com7 Jan 2014

One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.

Note ban boosted fake notes, suspicious transactions, reveals FIU report

Note ban boosted fake notes, suspicious transactions, reveals FIU report

Rediff.com20 Apr 2018

'The number of STRs received in 2016-17 is 4,73,006 which is more than four times as compared to 2015-16 and this increase is attributed to demonetisaton exercise...,' the Financial Intelligence Unit's report has said.

IDS-II nets only Rs 4,600 crore

IDS-II nets only Rs 4,600 crore

Rediff.com6 Apr 2017

This amount is just about 10% of the previous IDS

New Fema rules stump foreign-owned MFs

New Fema rules stump foreign-owned MFs

Rediff.com5 Nov 2019

Market watchers believe that the change in guidelines fly in the face of some of the recent initiatives taken by the government, such as easing norms for foreign portfolio investors.

Banks recall over 32 lakh debit cards; govt seeks details

Banks recall over 32 lakh debit cards; govt seeks details

Rediff.com20 Oct 2016

The suspected security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank

Govt renegotiating tax treaties to curb illicit wealth flows

Govt renegotiating tax treaties to curb illicit wealth flows

Rediff.com17 Dec 2014

The comments come at a time when the Supreme Court-constituted Special Investigation Team has detected funds worth about Rs 4,479 crore (Rs 44.79 billion) held by Indians in a Swiss branch of HSBC bank, while unaccounted wealth totalling Rs 14,958 crore (Rs 149.58 billion) have been traced within home.

Infosys has lost money on all govt projects: Murthy

Infosys has lost money on all govt projects: Murthy

Rediff.com20 Jul 2015

Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said.

Now, Modi looks to use Aadhaar to track bureaucrats

Now, Modi looks to use Aadhaar to track bureaucrats

Rediff.com31 Aug 2014

The new system will allow all government employees to mark their attendance from any central government department, by entering a six-digit unique number, besides finger prints or iris scan.

Budget ignores women and children

Budget ignores women and children

Rediff.com5 Feb 2021

Women and children have been given short shrift with these crucial sectors facing substantive budgetary cuts, discovers Rashme Sehgal.

Why George Fernandes once sent 2 babus to Siachen

Why George Fernandes once sent 2 babus to Siachen

Rediff.com29 Jan 2019

Fernandes sent defence ministry officials on familiarisation trips to various parts of Jammu and Kashmir and to the areas bordering China in Arunachal to see for themselves the difficulties faced by border guards.

Modi should focus on wealth creation, not wealth distribution

Modi should focus on wealth creation, not wealth distribution

Rediff.com20 Jul 2020

'When you start distributing wealth, you end up distributing poverty.'

Punj Lloyd faces Rs 61-cr service tax evasion charges

Punj Lloyd faces Rs 61-cr service tax evasion charges

Rediff.com26 Feb 2014

Punj Lloyd voluntarily deposited Rs 1.06 crore (Rs 10.6 million) on the spot through challans when excise officials visited them during an investigation in the matter.

'New bank licences has put RBI, system in credible light'

'New bank licences has put RBI, system in credible light'

Rediff.com9 Apr 2014

Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.

Is ED Bad Only When It Targets Gandhis?

Is ED Bad Only When It Targets Gandhis?

Rediff.com28 Jul 2022

If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.

Why Indian bureaucracy is under virtual lockdown

Why Indian bureaucracy is under virtual lockdown

Rediff.com9 Nov 2013

Recent investigations into the telecom spectrum and coal scams have made bureaucrats very wary of taking decisions.

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Nirmala Sitharaman gets defence, Piyush Goyal gets railways

Rediff.com3 Sep 2017

In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.

Congress-JD(S) reach power sharing deal, announce tie-up for 2019

Congress-JD(S) reach power sharing deal, announce tie-up for 2019

Rediff.com1 Jun 2018

The Congress has conceded the plum Finance portfolio to its junior partner, resolving a thorny issue, after its president Rahul Gandhi intervened and spoke to Kumaraswamy.

Sunil Arora takes over as CEC, rolls out plans for Lok Sabha polls

Sunil Arora takes over as CEC, rolls out plans for Lok Sabha polls

Rediff.com2 Dec 2018

"For the Lok Sabha elections, we are making meticulous planning on all fronts including electronic voting machines (EVMs) and the voter verifiable paper audit trail (VVPAT)," he said.

Govt to make overtures to unions to call off Sept 2 stir

Govt to make overtures to unions to call off Sept 2 stir

Rediff.com25 Aug 2015

The Left unions want concrete action and not just 'assurances'.

Yediyurappa picks 3 deputy CMs for Karnataka

Yediyurappa picks 3 deputy CMs for Karnataka

Rediff.com26 Aug 2019

Among the three Deputy Chief Ministers are Govind Karjol, who has also been given the charge of PWD and Social welfare; Ashwath Narayan the portfolio of Higher Education, IT & BT, Science and Technology; and Laxman Savadi with Transport department.

Explained: National Recruitment Agency

Explained: National Recruitment Agency

Rediff.com19 Aug 2020

The NRA will have representatives of IBPS, SSC and Indian Railways.

PM's principal secy Nripendra Misra to step down

PM's principal secy Nripendra Misra to step down

Rediff.com31 Aug 2019

Modi has appointed P K Sinha, who superannuated as cabinet secretary on Friday, as Officer on Special Duty (OSD) in the Prime Minister's Office (PMO), he said.

'I respect Bhushan, Jethmalani but I'm not the kind of man they allege'

'I respect Bhushan, Jethmalani but I'm not the kind of man they allege'

Rediff.com9 Jun 2015

K V Chowdary, who is set to take over as the new Chief Vigilance Commissioner on Tuesday said he has full respect for both Prashant Bhushan and Ram Jethmalani, who have opposed his appointment to the top post in the country's apex anti-corruption watchdog.

Plea in SC against ban on Rs 500, Rs 1,000 notes

Plea in SC against ban on Rs 500, Rs 1,000 notes

Rediff.com9 Nov 2016

The PIL, which could be listed for hearing during the week, termed Tuesday's notification of department of economic affairs and the finance ministry as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes to legitimate notes to avoid "large scale mayhem, life-threating difficulties".