News for 'Parliament's Standing Committee on Finance'

Explained: How Parliament Standing Committees work

Explained: How Parliament Standing Committees work

Rediff.com22 Aug 2011

The Lokpal Bill has been referred to the Standing Committee of Parliament on personnel, public grievances, law and justice. In this FAQ, we explain the process of these committees.

Stormy first part of Budget Session ends

Stormy first part of Budget Session ends

Rediff.com13 Feb 2026

The first leg of the Budget session concluded with debates over the India-US trade deal and a former army chief's memoir, and will reassemble on March 9.

How Winter Session Sets Stage For Budget

How Winter Session Sets Stage For Budget

Rediff.com5 Jan 2026

Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.

Will Budget 2026 Break Sunday Rule?

Will Budget 2026 Break Sunday Rule?

Rediff.com20 Dec 2025

Officials said the government is keen to conform to the convention of the Union Budget for 2026-2027 being presented on February 1 despite it falling on a Sunday in 2026.

MCA Rethinks PM Internship Scheme

MCA Rethinks PM Internship Scheme

Rediff.com17 Nov 2025

With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely.

Assam varsity shut after protest against VC over corruption charges

Assam varsity shut after protest against VC over corruption charges

Rediff.com2 Dec 2025

Students at Tezpur University in Assam have shut down the institution, protesting against Vice Chancellor Shambhu Nath Singh over allegations of corruption and financial irregularities. The shutdown has led to the cancellation of end-term examinations and has garnered support from teachers and non-teaching staff.

Ravi Kishan Wins An Award Not For Films!

Ravi Kishan Wins An Award Not For Films!

Rediff.com18 May 2025

BJP MP and actor Ravi Kishan has been awarded the Sansad Ratna for his outstanding performance in the Lok Sabha, becoming the first actor-turned-politician to receive the honour.

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

Shift Of Power In Parliament Post Polls

Shift Of Power In Parliament Post Polls

Rediff.com13 Jun 2024

The increased numbers of the Opposition bloc would mean that their MPs are likely to head several more panels than the four that they did by the end of the term of the 17th Lok Sabha.

Why The Bankruptcy Code Needs A Makeover

Why The Bankruptcy Code Needs A Makeover

Rediff.com23 Jul 2025

The famous 'tareekh pe tareekh' dialogue from the Hindi movie Damini captures where we are now.

New I-T bill may be introduced in LS next week: Sitharaman

New I-T bill may be introduced in LS next week: Sitharaman

Rediff.com8 Feb 2025

Finance Minister Nirmala Sitharaman on Saturday said she is likely to introduce the new income tax bill, which will replace the six-decade-old I-T Act, in the Lok Sabha in the coming week.

Finance Ministry officials grilled

Finance Ministry officials grilled

Rediff.com28 Jan 2011

As the debate on revealing names of those who had stashed money abroad was hotting up, a Parliamentary panel grilled finance ministry officials on why the confidentiality clause was put in tax treaties in the first place.

When A Vice President Resigned For The First Time

When A Vice President Resigned For The First Time

Rediff.com22 Jul 2025

Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.

We will not be sitting quietly if...: Tharoor on Pahalgam attack

We will not be sitting quietly if...: Tharoor on Pahalgam attack

Rediff.com25 May 2025

Congress MP Shashi Tharoor on Saturday (local time) highlighted how India responded in a measured and calibrated manner towards terror bases and headquarters in Pakistan, following the dastardly Pahalgam terror attack in which 26 people were killed.

Ambassador Akbaruddin Shepherds African Outreach

Ambassador Akbaruddin Shepherds African Outreach

Rediff.com29 May 2025

Led by Nationalist Congress Party-Sharadchandra Pawar MP Supriya Sule, Group 7 will engage with key countries in Africa -- Egypt, South Africa, Ethiopia -- and Qatar to present India's position on Operation Sindoor, launched in response to the April 22 Pahalgam terror attack.

Shashi Tharoor to head Parliamentary Committee on IT

Shashi Tharoor to head Parliamentary Committee on IT

Rediff.com15 Sep 2019

The panel will likely play an important role as the Personal Data Protection Bill gets tabled in Parliament.

House committee can't study Lokpal Bill in 10 days

House committee can't study Lokpal Bill in 10 days

Rediff.com22 Aug 2011

The Lok Pal Bill has been referred to the standing committee of Parliament on personnel, public grievances, law and hustice. In this FAQ, MR Madhavan explains the process of these committees.

'No Plan To Phase Out Old I-T Regime'

'No Plan To Phase Out Old I-T Regime'

Rediff.com3 Feb 2025

'Going forward, the encouragement would be to move to the new tax regime.'

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

Rediff.com24 Oct 2024

Buch, under a cloud over allegations of conflict of interest levelled by United States-based short-seller Hindenburg, was asked to appear before the PAC, which is reviewing the performance of the market regulator.

'Prime Minister Modi Has Been Fiscally Conscious'

'Prime Minister Modi Has Been Fiscally Conscious'

Rediff.com5 Feb 2025

'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for keeping this path clear before us.'

Chidambaram on parliamentary panel reviewing new criminal laws

Chidambaram on parliamentary panel reviewing new criminal laws

Rediff.com29 Aug 2023

Rajya Sabha chairman Jagdeep Dhankhar on Tuesday nominated former home minister and Congress member P Chidambaram to the department-related parliamentary standing committee on home affairs.

FM hopeful of early passage of micro finance Bill

FM hopeful of early passage of micro finance Bill

Rediff.com27 Nov 2012

The Micro Finance Institutions (Development and Regulation) Bill, 2012, is currently being scrutinised by a Parliamentary Standing Committee.

Job alert: Parliament may soon hire students as interns

Job alert: Parliament may soon hire students as interns

Rediff.com24 Feb 2017

Taking a leaf from the US, Canada and the UK, where students and research scholars get to work with Parliamentary panels, Lok Sabha Speaker Sumitra Mahajan is pushing for induction of interns in the Parliamentary standing committees.

What Indian taxpayers want from CBDT

What Indian taxpayers want from CBDT

Rediff.com2 Feb 2025

An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has "largely" received suggestions for "simplifying" the language, better "structuring" the provisions and enlarging the ambit of schemes like presumptive taxation, CBDT chairman Ravi Agrawal said Sunday. Speaking to PTI during a post-Budget interview at his North Block office, Agrawal said the panel also "studied" the deliberations and processes of countries like the UK, Australia and some others where a similar tax law simplification exercise was undertaken.

Vijay Mallya slams ED, banks for taking more than 2x his debt

Vijay Mallya slams ED, banks for taking more than 2x his debt

Rediff.com19 Dec 2024

Fugitive businessman Vijay Mallya has said that he will pursue relief for the Enforcement Directorate and banks taking more than two times the debt he owed. His remarks came following a statement by Finance Minister Nirmala Sitharaman in Parliament about recovery of over Rs 14,130 crore from his attached assets.

When Dr Singh Met Sachin...

When Dr Singh Met Sachin...

Rediff.com27 Dec 2024

22 images that captures glimpses of a most unusual Indian who led the nation for 10 years.

Govt likely to amend 'death penalty' in Narcotic Act

Govt likely to amend 'death penalty' in Narcotic Act

Rediff.com8 May 2012

The government is likely to amend the death penalty clause in the Narcotic Drugs and Psychotropic Substances Act following observations of a Parliament Standing Committee.

Why more women are needed in Parliament

Why more women are needed in Parliament

Rediff.com2 Sep 2018

India will benefit hugely if the representation of women in Parliament is increased to a just level.

Adhir, other suspended MPs can't attend Parl panel meetings

Adhir, other suspended MPs can't attend Parl panel meetings

Rediff.com12 Aug 2023

Congress leader in Lok Sabha Adhir Ranjan Chowdhury and some other MPs suspended from Parliament will not be able to attend the meetings of parliamentary committees of which they are a member or chairperson till their suspension is revoked.

39 bills to come up during Parliament's Winter Session

39 bills to come up during Parliament's Winter Session

Rediff.com20 Nov 2014

The much-delayed insurance bill and the goods and services tax bill are among the 39 bills that are expected to come up during the month-long Winter Session of Parliament beginning next week.

Liberalization: How Dr Singh Convinced Narasimha Rao

Liberalization: How Dr Singh Convinced Narasimha Rao

Rediff.com2 Jan 2025

'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'

Parliament completes Budgetary exercise amid ruckus

Parliament completes Budgetary exercise amid ruckus

Rediff.com27 Mar 2023

First Rajya Sabha approved the Rs 45 lakh-crore spending proposed in the Budget, followed by the nod to the Finance Bill that contains tax proposals.

BJP knocks off Congress and others, corners 6 parliamentary panels

BJP knocks off Congress and others, corners 6 parliamentary panels

Rediff.com4 Oct 2022

Opposition parties have not been given the chairmanship of any of the four key parliamentary panels including the committee on home affairs and information technology, which were with the Congress, in the latest rejig announced on Tuesday.

After row, Maha govt withdraws order to allocate Rs 10cr to Waqf board

After row, Maha govt withdraws order to allocate Rs 10cr to Waqf board

Rediff.com29 Nov 2024

The development comes a day after a government resolution (GR) was issued, in which the state administration ordered disbursal of Rs 10 crore funds for strengthening the state Waqf Board.

DTC only in 2013, key parts in this Budget

DTC only in 2013, key parts in this Budget

Rediff.com26 Jan 2012

the government will introduce some of its key provisions, such as General Anti-Avoidance Rules, in Budget 2012-13.

I-T exemption limit to be hiked to Rs 3 lakhs soon?

I-T exemption limit to be hiked to Rs 3 lakhs soon?

Rediff.com10 Feb 2012

Suggests far more generous provisions than proposed in Direct Taxes Code

I-T exemption limit to be hiked to Rs 3 lakhs soon?

I-T exemption limit to be hiked to Rs 3 lakhs soon?

Rediff.com10 Feb 2012

Suggests far more generous provisions than proposed in Direct Taxes Code

Parliament approves IDBI Bill

Parliament approves IDBI Bill

Rediff.com15 Dec 2003

Parliament on Monday approved the Industrial Development Bank of India Repeal Bill to enable its conversion into a universal bank

Panel wants CSR mandatory in Companies Bill

Panel wants CSR mandatory in Companies Bill

Rediff.com8 Jun 2012

Parliament's standing committee on finance, headed by Bharatiya Janata Party leader Yashwant Sinha, on Thursday finalised its report on the Companies Bill, 2011.

Bill on crypto currencies likely in winter session of Parliament

Bill on crypto currencies likely in winter session of Parliament

Rediff.com15 Nov 2021

The government is likely to introduce a bill on crypto currencies during the winter session of Parliament beginning November 29, amid concerns over such currencies being allegedly used for luring investors with misleading claims and for funding terror activities, sources said on Monday. Currently, there are no particular regulations or any ban on use of crypto currencies in the country. Against this backdrop, Prime Minister Narendra Modi, on Saturday, held a meeting on the crypto currencies with senior officials and indications are that strong regulatory steps could be taken to deal with the issue.