Sharpening his attack on United Progressive Alliance rival Pranab Mukherjee, Opposition-backed Presidential nominee P A Sangma on Tuesday said Rashtrapati Bhavan was being used as a "dumping ground" for the "failed" former finance minister.
Ministries seek more discussions, Cabinet defers decision.
Rejecting the 'protectionist policies' of the US, Finance Minister Pranab Mukherjee said on Thursday free flow of goods, services and capital would ease the global financial crisis.
While accepting that there are challenges before the Indian economy arising out of domestic and global factors, the Finance Minister said he did not believe in despondency.
India's food processing minister Subodh Kant Sahay on Thursday met Finance Minister Pranab Mukherjee in New Delhi ahead of the general\nbudget on July 6.
Finance minister Pranab Mukherjee on Saturday clarified doubts raised by overseas Indians over double taxation of global income of resident Indians while speaking at the Pravasi Bharatiya Diwas 2011.
"If this declining trend continues, I do hope it will have a moderating influence on the price front," Mukherjee told reporters in New Delhi.
Issuing the clarification after Minister for Overseas Indian Affairs Vyalar Ravi brought it to his notice, Mukherjee spelt out what makes for a resident Indian.
Union Finance Minister Pranab Mukherjee on Sunday said that the United Progressive Alliance government was ready to bring in and get the Lokpal Bill passed in the next session of Parliament if the Opposition cooperated with it.
Amid divergent views within the Congress on tackling Maoists, Finance Minister Pranab Mukherjee has said that Naxals are political elements out to capture power and the issue of development was "more imaginary than actual".
Bereft of any ideas, the Finance Minister has brought back the conventional model of higher taxes and higher expenditure, said the former finance minister.
Reflecting the growing strains in relations between the two United Progressive Alliance allies, Finance Minister Pranab Mukherjee on Tuesday criticised attempts of Trinamool Congress to marginalise Congress in West Bengal.
RBI is expected to raise its short-term borrowing and lending rates at its September 16 mid-quarter review.
Having rejected the three names proposed by the Trinamool Congress and the Samajwadi Party combine, the Congress is expected to come out with the name of the United Progressive Alliance candidate either on Thursday or Friday.
Corporate America has urged India's Finance Minister to announce a bold Union Budget that would unleash the next generation of economic reforms and help the country realise its full growth potential.
In Kolkata, Chief Minister Mamata Banerjee let her annoyance be known.
The Mamata Banerjee government, which came to power in July last year, has been demanding special package in the form of interest moratorium.
Mukherjee and Swiss Foreign Minister Micheline Calmy-Rey signed the revised pact in New Delhi on Monday.
On instructions from Finance Minister Pranab Mukherjee, the Intelligence Bureau has taken up the task of identifying a sudden quantum jump in the amount of foreign money flowing in the country through withdrawals by foreigners on credit and debit cards issued by foreign banks.
On instructions from Finance Minister Pranab Mukherjee, the Intelligence Bureau has taken up the task of identifying sudden quantum jump in the foreign money flowing in the country through withdrawals by foreigners on credit and debit cards issued by the foreign banks.
Financial performance, tax issues to be discussed on June 13 meeting.
The finance ministry on Wednesday provided relief to the Rs 18,000-crore (Rs 180-billion) software industry by replacing a multi-level structure of tax deducted at source (TDS) on distributors with a single TDS. This would be deducted by the first distributor -- one who directly purchases packaged software from a developer.
Finance Minister Pranab Mukherjee on Monday said that revenue authorities have detected tax evasion of about Rs 1 lakh crore (Rs 1 trillion) during the past 18 months as a result of international cooperation as well as domestic surveillance.
In a bonanza for lawmakers, Finance Minister Pranab Mukherjee on Friday announced that the constituency fund of Members of Parliament will be more than doubled to Rs 5 crore per year from April 1.
This activity will allow us to identify those jurisdictions where either the legal framework is not good enough or practices are not good enough and, therefore, information is not flowing.
Finance Minister has proposed to levy MAT of 18.5 per cent on the book profits of Special Economic Zone developers and units.
Finance Minister Pranab Mukherjee on Saturday underlined the need for India and Bangladesh to deepen counter-terrorism cooperation, warning that insurgents have the 'potential' to affect the bilateral ties.
Extension of tax break is part of the efforts to scale up the power generation capacity.
Rising food prices are pinching everybody and he would like to do his bit to increase purchasing power.
Non-profit organisations set up for charitable purposes may see a tightening of income tax provisions.
Within hours of reports that Mukherjee himself was at the receiving end of such calls, Raja activated his ministry to take steps against such calls that 'encroach' into the privacy of telecom consumers, an issue that has been haunting every single consumer despite the regulator Telecom Regulatory Authority of India's attempts to ban such a nuisance.
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In spite of the recent spate of exposes in the media detailing alleged corruption and scams in the preparations for the Commonwealth Games in Delhi, the Centre has decided to release additional funds for the Games.The Opposition will get yet another chance to attack the government and the Suresh Kalmadi led Commonwealth Games Organising Committee when Finance Minister Pranab Mukherjee presents the supplementary demand for grants in Lok Sabha.
The government has exempt salaried people earning up to Rs 500,000 annually from filing income tax returns.
Lok Sabha passes Finance Bill; Will introduce a white paper on black money in current session: FM
Budget 2012 announced by honourable finance minister Pranab Mukherjee will have impact on individuals also: salaried individual as well as self-employed. In this write-up we have tried to summarise various amendments which would have impact on them.
Finance Minister Pranab Mukherjee on Tuesday admitted the Reserve Bank of India's move to hike short-term lending and borrowing rates will hurt growth in the near-term, but exuded confidence that economic expansion will gather pace later as a consequence.
Current account deficit in 2010-11 will be well below 3.0 per cent of GDP.
Economists want Budget to focus on infrastructure, have a clear strategy on disinvestment and state measures to boost investment climate.
The emphasis would be on curbing subsidies and promoting private sector investment by continuing stimulus measures.
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