A parliamentary committee has pulled up the finance ministry for not adhering to Fiscal Responsibility and Budget Management Act in cutting revenue deficit by 0.5 per cent of GDP for 2005-06 saying there should not be deviations every now and then.
'The rate of transmission of COVID-19 in Hong Kong was 0.7 -- anything below 1 suggests the epidemic is receding.' 'The city-State achieved this without the de facto police-State curfew that India has resorted to,' says Rahul Jacob.
"We are trying to bring the new taxation regime, which can last for another 50 years. Therefore, our endeavour is to see that new taxation system should include the basic features and time tested procedures of existing act, which have survived judicial security over the years."
New Delhi is witnessing a spurt of political activity over the Goods and Services Tax Bill.
Former Union minister and senior Bharatiya Janata Party leader Murli Manohar Joshi is likely to become the next chairman of the Parliamentary Public Accounts Committee while Yashwant Sinha will replace him as head of the Standing Committee on Finance, BJP sources said.
There is much work to be done to design a good GST.
Prime Minister Narendra Modi wants to keep tabs on ministers who do not attend the weekly meetings on Monday convened by Finance Minister Arun Jaitley for the spokespersons of the Bharatiya Janata Party and it is a wing of the parliamentary party. Renu Mittal reports
Nobel Laureate Muhammad Yunus, whose experiment of poor men's banking in Bangladesh helped establish micro-credit movement across the developing world, will address the Indian Parliament in December this year.
Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to support it.
Gandhi used a purported audio clip to allege that Goa Chief Minister Manohar Parrikar is 'blackmailing' Modi.
Former Chief Minister Arjun Munda, Deputy Chief Minister Raghubar Das and former Union Finance Minister Yashwant Sinha are the front-runners for the post of Jharkhand chief minister, a decision on which is likely to be taken by the Bharatiya Janata Party Parliamentary board on Monday.
For every one million currency notes, there are eight fake notes floating in the country. While the percentage of fake notes may still be 0.001, the government is concerned as their circulation has grown in alarming quantities over the past few years.
Government on Friday did not rule out setting up of a Joint Parliamentary Committee to probe into the Indian Premier League controversy with Finance Minister Pranab Mukherjee saying a decision would be taken after 'due diligence.'
Taking a dig at the Congress over frequent disruptions in the Rajya Sabha, Jaitley said, "Those who claim the legacy of Panditji must ask themselves the question, what kind of history are they making."
The idea behind advancing the Budget date is to ensure that the Finance Bill is passed before the start of the financial year, on April 1, so that all central government departments get their full allocations to work with right from the first day
Finance Minister Pranab Mukherjee will hold talks with the opponents of Women's Reservation Bill before the government's takes the next step on it, Minority Affairs Minister Salman Khurshid said on Thursday.
Prime Minister Narendra Modi who inducted 19 new ministers into his Cabinet on Tuesday has carried out major changes in the portfolios of his top ministers.
Vijay Rupani and his deputy Nitin Patel took oath on Sunday in Gandhinagar.
The committee members asked if SBI was waiting for private sector banks to announce their rates before it takes a call on the issue.
As many as 20 Union ministers are expected to visit different parts of Gujarat between May 27 and June 12 to participate in the 'Vikas Parv' (development festival) organised by the Bharatiya Janata Party's state unit.
Congress reached out to Samajwadi Party Supremo Mulayam Singh Yadav for his support for passage of the Food Security Bill which is expected to be introduced in the Lok Sabha on Tuesday coinciding with the birth anniversary of Rajiv Gandhi.
Parliamentary Affairs Minister Ananth Kumar said the government is ready for a discussion on the issue of alleged financial irregularities in the banking sector and Finance Minister Arun Jaitley will reply to the debate.
Sitharaman, who was holding the Commerce portfolio (Independent charge), was on Sunday promoted to the Cabinet rank as was Goyal.
Finance Minister Arun Jaitley on Tuesday assured Rajya Sabha that the Centre will fulfill all commitments made towards Andhra Pradesh in 'letter and spirit', following protests by some Congress members.
The executive committee of Delhi and District Cricket Association (DDCA) is mulluing various disciplinary measures, including issuing show cause notice to former India cricketers Kirti Azad and Bishan Singh Bedi, for making corruption allegations against its former president Arun Jaitley.
Clean Sports (CSI), a movement for corruption-free sports, on Thursday offered its support to cricketer-turned-politician Kirti Azad who has been suspended by the Bharatiya Janata Party (BJP) for leading a campaign against Finance Minister Arun Jaitley on alleged corruption in the Delhi and District Cricket Association (DDCA).
"The rule of law is under attack. History shall never forgive our present generation if the situation is not changed," the former PM said.
As part of government's efforts to ensure better coordination with the party, Finance and Defence Minister Arun Jaitley will chair a meeting of its leaders and ministers every Monday.
With the new sugarcane pricing policy creating an uproar in Parliament, the Centre has invited leaders of all political parties for a breakfast meeting on Monday in a bid to hammer out a solution to the issue.
Expressing concern over India's rising inflation, Finance Minister Jaswant Singh said on Thursday that macro economic situation remained 'comfortable' in 2002-03
Y S Jaganmohan Reddy, whose supporters have been campaigning for making him the chief minister of Andhra Pradesh, on Thursday met Congress president Sonia Gandhi, who told him to leave the issue of leadership change in Andhra Pradesh to her.
Speaker Om Birla he will hold a meeting with leaders of all parties and then take a decision.
Underlining the role of civil society movement led by Anna Hazare in drafting the Lokpal bill, President Pranab Mukherjee on Saturday said this was the first time that a law was made with public participation, hitherto an exclusive domain of legislature.
The Joint Parliamentary Committee, probing the 2001 stock market scam and the UTI fiasco tabled its report in the Parliament.
The current session of Parliament may be extended to enable the passage of bills, Parliamentary Affairs Minister Venkaiah Naidu told Bharatiya Janata Party MPs in New Delhi on Tuesday.
A parliamentary committee on Friday hauled up the finance ministry for fall in Tax:GDP ratio to 9.2 per cent in 2003-04 from 10.1 per cent in 1990-91
Modi was at the receiving end of criticism from across the political spectrum, dubbing the barb as demeaning.
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