'The estimates of tax forgone on this item run into hundreds of billions.' 'And there is neither fairness nor rationality to support continuing with this tax holiday for just one class of investors, those who put their money in shares,' says T N Ninan.
The government on Tuesday assured the Rajya Sabha that officials found guilty by the Joint Parliamentary Committee, which looked into the stock scam and the temporary freeze on Unit Trust of India's flagship scheme 64 will not be spared.\n\n\n\n
J&K Finance Minister Muzaffar Hussain Beig said this step would, among other things, help ease tensions between India and Pakistan.
Bharatiya Janata Party's M Venkaiah Naidu is proud of the fact that he never speaks to reporters off-the-record. He has a bluff, hearty, no-nonsense style -- that can be misunderstood. Archis Mohan reports
Opposition members said the former finance minister had misled the Lok Sabha on the Calcutta Stock Exchange payment crisis and the UTI fiasco.
It is time to pack up, sir! Please resign and save some honour of the Lok Sabha, an anguished Sheela Bhatt reports from the Lok Sabha press gallery after watching the shameful goings on over the tabling of the Telangana Bill.
Despite the Congress having nearly four times as many members in the Rajya Sabha as the TMC (48 to 13), Derek O'Brien has been informally leading the coordination of Opposition parties, rallying other parties to demand a discussion on electoral reforms and to protest the government's disinvestment plans, report Rahul Jacob and Archis Mohan.
The newer ones have not met the stipulation of opening 25 per cent of branches in rural and semi-urban areas, a parliamentary committee report has observed.
Bandyopadhyay said senior Gujarat cadre officers had been deputed in the CBI and one of them 'shared' his name with Modi.
"I did not take the name of (any) party... I will definitely expunge the 'vested interest' remark... I am sorry," Sumitra Mahajan said referring to the words she had used when the Congress members were protesting in the well of the House.
The citizens' register in Assam does not get to the bottom of things.
Budget session will begin on February 23 and conclude on May 8
Union says move to privatise four more airports violates Tripartite Panel recommendations that govt accepted long back
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
With the Rashtriya Swayamsevak Sangh saying there should be no reservation in jobs and education for the affluent, the government on Monday said there is no rethink on the present social and caste based reservation policy and it will continue.
While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.
The government on Tuesday said it may reconvene Parliament's Monsoon Session to get key legislations, including the pending GST bill, passed, maintaining it has an "open mind" on amendments to reform measures even as it began consultations with leaders of opposition parties.
NDA seems to have been seduced by the rise in the stock market and the adulation showered at organised Indian diaspora events, former FM said.
Finance Minister Arun Jaitley on his maiden visit as minister to Washington, DC, addresses two think thanks, leaves American Establishment impressed, reports Aziz Haniffa/Rediff.com.
Prime Minister Narendra Modi will chair a high-level meeting on Tuesday to review the situation in Jammu and Kashmir which is witnessing violent clashes between security forces and protesters in the aftermath of killing of Hizbul Mujahideen's poster boy Burhan Wani.
If the Opposition is bent upon shouting its own agenda on a deaf ruling dispensation, then it becomes binding upon the chair to ensure that the parliamentary affairs aren't reduced to a farce.
Jaitley said the resort was not an area where the Karnataka minister can get 'immunity from the law'.
The issue of black money created uproar in Lok Sabha on the first working day of Winter session with Opposition asking the government to fulfil its promise of bringing it back from abroad.
The two Houses were adjourned for the day amid sparring between the treasury and the opposition benches on the issue.
'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.
The Bharatiya Janata Party plans to target Sonia Gandhi and other Congress leaders on the issue of bribes in the AgustaWestland chopper deal during the United Progressive Alliance regime
'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'
After keeping the appointments of some of the senior level officers on special duty/private secretary on hold for months, Prime Minister Narendra Modi finally cleared some of them.
The former India cricketer and Darbhanga MP's response came days after BJP suspended him for "anti-party" activities within and outside Parliament, "lowering the prestige" of the party and its office-bearers.
Hours after being suspended from the BJP, Lok Sabha MP and former cricketer Kirti Azad slammed the party's move, stating that he was punished for speaking the truth.
'Four weeks have passed after the scam was exposed, yet no big guy has been arrested.' 'This gives the impression that he wants to be soft on the biggies.'
Sheela Bhatt recounts the tension, suspense and disruptions during P Chidambaram's interim budget in the Lok Sabha on Monday.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
Jaitley said it is no surprise that Dr Manmohan Singh is unhappy as 'maximum black money was generated' under his rule.
'No sovereign guarantee, no bank guarantee, no escrow account, yet a huge amount was paid as advance'
Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.
'Votes-for-notes no longer only means cash and goodies for fence-sitting voters,' points out Sunil Sethi.
'The BJP is saying we have Modi, who have you got?' 'We have the people of India on our side.'
In the current fiscal it is estimated to go up to 5.7 per cent.
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