News for 'House and Union Finance'

Hope there are good debates in Parl: PM ahead of budget session

Hope there are good debates in Parl: PM ahead of budget session

Rediff.com31 Jan 2020

Modi said that he wanted a vast and qualitative discussion on financial issues in both the houses.

Highlights of the Union Budget

Highlights of the Union Budget

Rediff.com29 Feb 2016

Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.

Despite PM's request TDP quits Union govt, but to remain in NDA fold

Despite PM's request TDP quits Union govt, but to remain in NDA fold

Rediff.com9 Mar 2018

The ministers quit their posts in protest against central govt to grant special category status to Andhra Pradesh.

Govt aims to build 1.95 cr affordable houses in 2 years: FM

Govt aims to build 1.95 cr affordable houses in 2 years: FM

Rediff.com5 Jul 2019

These houses will have amenities such as LPG, electricity and toilets, she said.

Government promises a house for all by 2022

Government promises a house for all by 2022

Rediff.com10 Jul 2014

The government has also proposed to set up a Mission on Low Cost Affordable Housing to be anchored in the National Housing Bank.

Rs 10 cr deduction limit on capital gains

Rs 10 cr deduction limit on capital gains

Rediff.com1 Feb 2023

The government on Wednesday imposed a limit of Rs 10 crore for deduction on long-term capital gain tax for reinvestment in residential properties under Section 54 and 54F of the Income Tax Act. These two sections deal with reinvestment of proceeds from sale of long-term assets (housing or other capital assets) to buy residential properties. "For better targeting of tax concessions and exemptions, I propose to cap deduction from capital gains on investment in residential houses under sections 54 and 54F to Rs 10 crore," Finance Minister Nirmala Sitharaman said in her Budget speech.

MPLADS Fund: 14 Assam MPs Get Highest Share

MPLADS Fund: 14 Assam MPs Get Highest Share

Rediff.com28 Aug 2023

'The pace of disbursement and project recommendation picks up as the tenure of the House draws near and usually all amount is released.'

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

LS passes Rs 45L cr Budget 2023-24 without debate amid Oppn ruckus

Rediff.com23 Mar 2023

The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and Opposition MPs engaged in a matching duet over demands for an apology by Rahul Gandhi and the Adani issue.

'My Father Made Me What I Am'

'My Father Made Me What I Am'

Rediff.com17 Jun 2024

'Dharti par jo Rab hota hai, woh hai pitaah (There's a God on earth, and it's a Father).'

House panel raps FinMin over dated NPA data

House panel raps FinMin over dated NPA data

Rediff.com17 Jan 2014

RBI will make a presentation on January 24 before the panel on the state of NPAs and stressed loans.

Kerala FM is new chairman of GST Empowered Committee

Kerala FM is new chairman of GST Empowered Committee

Rediff.com25 Mar 2015

The GST, an indirect tax regime, is to be rolled out from April 2016.

Can We Fight China With Such A Budget?

Can We Fight China With Such A Budget?

Rediff.com5 Mar 2024

India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their total defence budget so that they go into combat with superior weaponry and equipment.

'Shocking That PM Gave Investing Advice'

'Shocking That PM Gave Investing Advice'

Rediff.com7 Jun 2024

'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

RS passes bill to convert J-K into Union Territory

RS passes bill to convert J-K into Union Territory

Rediff.com5 Aug 2019

The legislation was passed by 125 votes in favour and 61 against.

Kumaraswamy offers to swap second preference votes with Congress in RS polls

Kumaraswamy offers to swap second preference votes with Congress in RS polls

Rediff.com7 Jun 2022

Offering to trade second preference votes with the Congress, Janata Dal-Secular leader H D Kumaraswamy on Tuesday said his main agenda is to defeat the Bharatiya Janata Party in the contest for fourth seat, during the June 10 Rajya Sabha polls from Karnataka.

Abdullahs' house in Jammu built on encroached land: J-K admin

Abdullahs' house in Jammu built on encroached land: J-K admin

Rediff.com24 Nov 2020

The administration of the union territory as directed by the Jammu and Kashmir high court to make public land given under the controversial Roshni land scheme, since scrapped by a court, came out with the list of beneficiaries.

Union minister reaches out to opposition to break Parliament logjam

Union minister reaches out to opposition to break Parliament logjam

Rediff.com22 Mar 2018

The second leg of the budget session is of 23 days and all 14 days so far have been wasted.

Geelani-led Hurriyat member chargesheeted in terror finance case

Geelani-led Hurriyat member chargesheeted in terror finance case

Rediff.com17 Jul 2015

A chargesheet was on Thursday filed by the Enforcement Directorate against Firdous Ahmad Shah, a member of Syed Ali Geelani's Hurriyat Conference, and another person for allegedly receiving money from Europe for use in terror financing.

World has recognised India as a bright star: Sitharaman

World has recognised India as a bright star: Sitharaman

Rediff.com1 Feb 2023

The world has recognised India as a bright star as the country is recording healthy economic growth despite global uncertainties, finance minister Nirmala Sitharaman said on Wednesday. India's growth at 7 per cent in the current fiscal is the highest among major economies and the Indian economy is on the right track, she said in her Budget speech.

Budget a big boost for affordable housing segment

Budget a big boost for affordable housing segment

Rediff.com10 Jul 2019

Budget has proposed an additional deduction of Rs 1.5 lakh for interest paid on loans borrowed up to end-March, 2020 for purchase of an affordable house, valued up to 45 lakh.

AAP invites BJP's Yashwant Sinha to guide Delhi budget

AAP invites BJP's Yashwant Sinha to guide Delhi budget

Rediff.com9 Mar 2016

The Delhi assembly has chosen former Union Minister Yashwant Sinha as 'margdarshak' to guide the city government's budget.

House remains paralysed for 9th day, LS passes 2 bills

House remains paralysed for 9th day, LS passes 2 bills

Rediff.com15 Mar 2018

The Payment of Gratuity (Amendment) Bill and The Specific Relief (Amendment) Bill passed amid din.

Logjam persists in Parliament amid ruckus over Manipur

Logjam persists in Parliament amid ruckus over Manipur

Rediff.com31 Jul 2023

Parliament proceedings were adjourned for the day on Monday following protests by the opposition which has been demanding a statement from Prime Minister Narendra Modi in the House on the Manipur issue. In the Rajya Sabha, the opposition kept insisting on a discussion under Rule 267 of the House.

To push green mobility, 10K e-buses to be deployed in 169 cities

To push green mobility, 10K e-buses to be deployed in 169 cities

Rediff.com16 Aug 2023

Seeking to enhance green mobility, the Union Cabinet on Wednesday approved the 'PM-eBus Sewa' scheme under which 10,000 electric buses will be provided to 169 cities under the public-private partnership (PPP) model.

Maha govt to buy London house where Ambedkar stayed

Maha govt to buy London house where Ambedkar stayed

Rediff.com24 Jan 2015

The government of Maharashtra has decided to acquire the 2,050 sq ft three-storey house in London where Dr Babasaheb Ambedkar once lived.

Adani issue, ED raids set to rock Parliament, again

Adani issue, ED raids set to rock Parliament, again

Rediff.com12 Mar 2023

The opposition parties will meet on Monday morning to evolve their strategy in both Houses of Parliament after protests by them on the Hindenburg-Adani issue overshadowed most of the first half of the Budget session.

Can't discuss some matters in Parliament: Govt on China

Can't discuss some matters in Parliament: Govt on China

Rediff.com30 Jan 2023

The government on Monday said that matters regarding Chinese intrusion can't be discussed in Parliament as it concerns the security of the country.

Shah gets Home, Rajnath Defence; Finance with Nirmala

Shah gets Home, Rajnath Defence; Finance with Nirmala

Rediff.com1 Jun 2019

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

What PMO will do for affordable housing

What PMO will do for affordable housing

Rediff.com12 Apr 2017

Realty players want single window clearance for all affordable projects, reports Karan Choudhury.

Amid Annamalai buzz, DMK, AIADMK fight hard

Amid Annamalai buzz, DMK, AIADMK fight hard

Rediff.com17 Apr 2024

BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.

How Parliament Can Function As It Must

How Parliament Can Function As It Must

Rediff.com25 Apr 2023

The need for finding options for proper functioning of Parliament is of paramount importance as the frequency of the passage of Budgets and other economic Bills without discussion or debate has only increased in the last few years, notes A K Bhattacharya.

Jaitley to spend MP area development funds on Rae Bareli

Jaitley to spend MP area development funds on Rae Bareli

Rediff.com7 Oct 2018

However, Bajpai ruled out any possibility of an epic battle in the 2019 Lok Sabha elections between Sonia Gandhi and Arun Jaitley.

Oppn terms Centre's economic package 'big zero'

Oppn terms Centre's economic package 'big zero'

Rediff.com13 May 2020

The BJP hailed teh package, saying it reflected the government's commitment towards creating jobs and stimulating the economy.

Sitharaman on Adani fallout: Regulators will look into it

Sitharaman on Adani fallout: Regulators will look into it

Rediff.com4 Feb 2023

India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.

'Effect of Budget on elections is marginal'

'Effect of Budget on elections is marginal'

Rediff.com2 Feb 2023

'The BJP's real weapons are Hindutva, organisation and finance.'

3 RS seats for BJP in Karnataka, 1 for Congress; JD-S draws a blank

3 RS seats for BJP in Karnataka, 1 for Congress; JD-S draws a blank

Rediff.com11 Jun 2022

The ruling Bharatiya Janata Party in Karnataka had the last laugh as it won all the three Rajya Sabha seats it had contested in, out of total of four from the state that went for polls on Friday, while the Congress managed to win only one of the two seats to which it had fielded its candidates.

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

Rediff.com5 Jan 2021

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.

Kharge says his mic was turned off, Opposition walks out of RS

Kharge says his mic was turned off, Opposition walks out of RS

Rediff.com26 Jul 2023

Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday claimed he was 'insulted' as his mic was turned off while he was speaking in the House the previous day.

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Congress's Adhir's 'Rashtrapatni' remark sparks uproar in Parl

Rediff.com28 Jul 2022

Congress leader Adhir Ranjan Chowdhury's 'rashtrapatni' remark snowballed into a major political row on Thursday with the Bharatiya Janata Party accusing the opposition party of insulting President Droupadi Murmu and demanding that Congress chief Sonia Gandhi should apologise to the nation.

Opposition continues protests in RS over suspension of MPs

Opposition continues protests in RS over suspension of MPs

Rediff.com6 Dec 2021

Rajya Sabha proceedings were adjourned for the day on Monday amid protests by Opposition parties over their demand to revoke the suspension of 12 members of the House.