Finance Minister Jaswant Singh chose a newly refurbished hall in North Block to defend his announcements in a post-interim Budget interview.
The finance minister presented the Interim Budget for 2004-05 in the Lok Sabha on Tuesday.
The Industrial Finance Corporation of India is likely to be merged with the Punjab National Bank or the Bank of Baroda and a final decision is expected to be taken shortly.
Finance Minister Jaswant Singh will soon convene a meeting of state chief ministers to work out details for implementation of the much-delayed value added tax in the country.
The finance ministry's proposal to set up a National Tax Tribunal has moved a step closer with the law ministry finding no objection with the plan.
The government on Thursday approved a slew of foreign direct investment proposals worth Rs 193 crore (Rs 1.93 billion) including one by global courier service major DHL Worldwide to enhance stake in its domestic arm.
Finance Minister Jaswant Singh on Wednesday cleared 30 foreign direct investment proposals worth Rs 130.25 crore.
The National Stock Exchange said on Thursday it would launch trading in interest rate futures on June 24, more than a week later than originally planned.\n\n
Government has ordered prosecution against Jet Airways for alleged violation of various sections of the Companies Act, 1956, on account of financial transactions, including dividend paid out of profits.
Ready with the "groundwork", the Empowered Committee on value-added tax is likely to press for President's nod on VAT Bills of at least nine states by May 25
Jeremy shared an interesting story behind the tattoo he wears on his left arm.
I am very pleased with the first Budget of Jaswant Singh. Positive moves have far exceeded the negative ones. The impetus to the industry has been very high particularly in the infrastructure sector.
I would place this Budget on very high pedestal. Finance Minister Jaswant Singh has done a commendable job
Top finance ministry officials and members of Planning Commission on Friday gave a thumbs up to the Union Budget 2003-2004 saying Finance Minister Jaswant Singh had laid out a roadmap for greater flow of investment and industrial growth.
Budget to be presented on Friday is expected to carry out a "clean up" operation of tax administration besides measures to spur growth.