Clever wordplay does not change the fact that the government is going pretty easy on some tax offenders, says Arup Roychoudhury.
The party says 23% of foreign investments should be by FIIs.
The vice president met Leader of the party in Lok Sabha Mallikarjun Kharge, P Chidambaram and Deputy Leader of the party in Rajya Sabha Anand Sharma, among others and discussed various points regarding the key tax reform legislation.
Even if a company does not invest, it will improve liquidity of banks.
The finance ministry's letter was unfortunate, but it is also true there is no transparency in how rates are fixed and the spread is also too high.\n
The deputy chief minister and senior Bharatiya Janata Party leader Sushil Kumar Modi on Tuesday said the Central government was unlikely to deliver special status to Bihar before the general elections.
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
National Security Advisor M K Narayanan on Thursday briefed the Union Cabinet about the latest developments in the investigations in the Jaipur bomb blasts. Finance Minister P Chidambaram briefed the media after the Cabinet meeting, which was headed by Prime Minister Dr Manmohan Singh. Chidambaram did not give any details about Narayanan's briefing. The former chief of the Intelligence Bureau reportedly briefed the Cabinet about the modus operandi adopted by the terrorists.
Karti and Mukerjea were brought face-to-face and questioned by the CBI team for about four hours.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
The country is all set for the second round of elections on April 18 in the ongoing seven-phase Lok Sabha polls that will elect 543 members to the lower house of Parliament. Going to polls in the second phase will be 95 seats in 12 states and one Union Territory. Here is a look at some of the big names contesting in phase two of Lok Sabha elections.
Chidambaram said he feels that Dassault 'is laughing all the way to the bank', as the NDA government gave a 'gift'.
Some decades ago, nearly 90 per cent of Nattukottai Chettiars were entrepreneurs; this has dropped to 15 per cent. The community plans to reverse the numbers through know-how, family support, funding and networking.
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
There will be some populist announcements in Budget.
The title Inquiry Authority as against Commission had been used since that was the expression used in Section 11 of the Act to Parliament.
'People have realised they bought into the prime minister's package and it is empty.'
Sources at the NSE as well as the President's office rejected media reports that Kovind's pulling out of the event had to do with reasons other than his packed itinerary this week.
The Planning Commission was better than the Niti Aayog as it used to take up the issues of the states with the ministries concerned.
Jaitley said the raids have been carried out only after identifying a substantial reason.
The R S Pathak Inquiry Authority report, which has indicted former external affairs minister Natwar Singh and his son Jagat in the Iraqi oil scam, was tabled in both the Houses of Parliament on Monday.
In a scathing attack on the Opposition for stalling Parliament over demonetisation, Prime Minister Narendra Modi on Thursday alleged they were trying to "rescue the corrupt" like Pakistan gives cover fire to terrorists to cross border and said the note ban will expose the kala dhan (black money) as well as 'kale mann' (ill-intentions) of many.
The 15-member committee has also recommended the imposition of a goods and service tax on financial services, and creation of a currency spot market and rupee-settled exchange traded currency derivatives market.
In a politically-significant move, Prime Minister Narendra Modi has reconstituted a government committee on commemoration of the 125th birth anniversary of Jawaharlal Nehru which will be headed by him, replacing his predecessor Manmohan Singh.
Declining urgent hearing, the top court observed that judges have more cases 'than they can handle'.
The Congress on Friday termed the National Investigation Agecy's decision to drop all charges against Sadhvi Pragya Thakur was a vindication of the disclosure made by former special public prosecutor.
Twenty-six entities, including the Tatas, Aditya Birla Group, Anil Ambani-led Reliance Capital and Religare, apart from India Post, applied. Videocon Group, later on withdrew its application.
Wondering why the government was "celebrating" the first anniversary of the note ban on November 8, Gandhi said, "I don't know what is there to celebrate."
Former MP and a member of the BJP's National Executive Kirit Somaya on Monday alleged that overvaluation of initial public offers (IPOs), over-speculation and faulty settlement mechanism were behind Monday's stock market crash.
Slamming the Union budget as 'insipid' and lacking in stimulus for growth, the Congress on Saturday said it does not address the main issue of unemployment and describes the mindset of the government.
'What criteria is GoI (government of India) using to judge how long the lockdown is to continue...'
Minister of State for Home Nityanand Rai said the legislation was not against any NGO and is an effort to maintain transparency. This amendment is in the interest of good NGOs which want to do good work in the country.
The Union Budget on Monday evoked contrasting responses in the political arena with the ruling Bharatiya Janata Party hailing it as a vision for an 'Aatmanirbhar Bharat' and the Opposition describing it as a 'let down like never before' that was meant to 'deceive' people.
Suzuki Motor Company chief Osamu Suzuki on Thursday called on Finance Minister P Chidambaram, within a week of the government deciding to sell 8 per cent of its equity in Maruti Udyog Ltd.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.