News for 'Parliament's Standing Committee on Finance'

No CAs in Centre's new regulatory body for accounting professionals

No CAs in Centre's new regulatory body for accounting professionals

Rediff.com8 Mar 2018

The rules are being framed to maintain absolute transparency and fair play in investigations.

Centre to consider law in winter session to end instant triple talaq

Centre to consider law in winter session to end instant triple talaq

Rediff.com21 Nov 2017

A ministerial committee has been set up to propose a suitable legislation or amend existing penal provisions, which would make instantaneous triple talaq an offence, government functionaries said on Tuesday.

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

For cashless economy, govt wants to cap cash transactions at Rs 200,000

For cashless economy, govt wants to cap cash transactions at Rs 200,000

Rediff.com21 Mar 2017

Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed to cap cash transactions at Rs 300,000 with effect from April 1.

Genetically modified crops' field trials put on hold

Genetically modified crops' field trials put on hold

Rediff.com30 Jul 2014

The decision marks first successful policy intervention.

Govt extremely determined to push insurance, coal sector reforms

Govt extremely determined to push insurance, coal sector reforms

Rediff.com20 Dec 2014

Jaitley keen to uplift the insurance sector.

Union Budget likely to be presented on Feb 1

Union Budget likely to be presented on Feb 1

Rediff.com20 Sep 2016

The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year

MSMEs need help again but not the way govt did last time

MSMEs need help again but not the way govt did last time

Rediff.com10 May 2021

While players in the financial ecosystem are opening up to the idea of receivables funding for the sector, this market needs a regulator, which a Parliament panel feels only RBI can provide.

As major ports get autonomy, minister says no privatisation

As major ports get autonomy, minister says no privatisation

Rediff.com10 Feb 2021

The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.

Govt says Speaker above party lines, slams Kamal Nath's remarks

Govt says Speaker above party lines, slams Kamal Nath's remarks

Rediff.com7 Jul 2014

The government on Monday slammed Congress leader Kamal Nath for his remarks that Lok Sabha Speaker Sumitra Mahajan's decision on the issue of grant of Leader of Opposition status could be "flavoured" by BJP, saying it is "unfortunate" as the Speaker is above party lines.

Congress protests as RS panels submit reports on coal, mines bills

Congress protests as RS panels submit reports on coal, mines bills

Rediff.com18 Mar 2015

Select committees on Mines and Minerals Amendment Bill and Coal Mines Bill recommended their approval without any change

Meet the new faces in Modi's council of ministers

Meet the new faces in Modi's council of ministers

Rediff.com5 Jul 2016

Rediff.com gives you a look at newbies in the Council of Ministers

Congress a liability on economy: Jaitley after GST drama

Congress a liability on economy: Jaitley after GST drama

Rediff.com11 Aug 2015

Accusing the Congress of creating obstacles in the path of growth and economy, he declared that the government would try to get the bill passed with the help of parties

'We will have to time what we want to do'

'We will have to time what we want to do'

Rediff.com12 Oct 2020

'Willing to spend is different from when to spend and how much to spend'

Chidambaram blames govt for not scrapping retro tax

Chidambaram blames govt for not scrapping retro tax

Rediff.com28 May 2015

P Chidambaram accused the BJP of making a u-turn on bills like GST after having stalled them during the UPA regime.

Gift your parents a property

Gift your parents a property

Rediff.com29 Apr 2015

Individual should be extra careful when taking money from parents or relatives to buy a property

House panel to discuss note ban impact with Urjit Patel

House panel to discuss note ban impact with Urjit Patel

Rediff.com2 Dec 2016

PAC summons RBI Governor Urjit Patel, Finance Secretary Ashok Lavasa and Economic Affairs Secretary Shaktikanta Das.

Myanmar military seizes power, Suu Kyi detained

Myanmar military seizes power, Suu Kyi detained

Rediff.com1 Feb 2021

Myanmar military television says that the military has taken control of the country for one year.

GST bills in RS; Opposition questions how the tax regime is 'ideal'

GST bills in RS; Opposition questions how the tax regime is 'ideal'

Rediff.com5 Apr 2017

The Rajya Sabha on Wednesday took up the four bills related to the GST, with the Opposition urging the government to insulate taxpayers from harassment and questioning how the new regime was "ideal" when 40 per cent of the revenue base of the GDP was kept out of its purview.

Triple talaq bill stalled in RS as govt, Oppn lock horns

Triple talaq bill stalled in RS as govt, Oppn lock horns

Rediff.com31 Dec 2018

Amid a stalemate between the government and the Opposition over the issue, the House failed to transact any significant business and was adjourned for the day.

2006 WC scam: Beckenbauer defends transfer of funds to FIFA

2006 WC scam: Beckenbauer defends transfer of funds to FIFA

Rediff.com27 Oct 2015

Franz Beckenbauer, who headed Germany's 2006 World Cup organising committee, said on Monday a transfer of 6.7 million euros to world football's governing body FIFA in 2005 was a mistake but rejected claims it was a return of a loan to buy votes in favour of the country's World Cup bid.

Why the team for Budget 2019 will be different

Why the team for Budget 2019 will be different

Rediff.com20 Nov 2018

Finance Secretary Hasmukh Adhia vacates his post on November 30 and Expenditure Secretary Ajay Narayan Jha, the second seniormost bureaucrat in the finance ministry, retires on January 31, the day before Jaitley presents the 2019-20 interim budget.

SC asks Centre to place on record Kamath report on interest waiver

SC asks Centre to place on record Kamath report on interest waiver

Rediff.com5 Oct 2020

The Supreme Court asked the Centre and the RBI on Monday to place on record the K V Kamath committee recommendations on debt restructuring in view of Covid-19 related stress on various sectors as well as the notifications and circulars issued so far on loan moratorium.

GST can't be a reality without Cong support: Jairam Ramesh

GST can't be a reality without Cong support: Jairam Ramesh

Rediff.com20 Aug 2015

GST Bill needs a two-thirds majority in each House.

Congress may get prestigious PAC, hints Naidu

Congress may get prestigious PAC, hints Naidu

Rediff.com26 Jun 2014

The Congress may get chairmanship of the prestigious Public Accounts of Committee but still there is no guarantee whether it will get the post of Leader of the Opposition in the Lok Sabha.

Bankrupt Congress asks MPs to donate month's pay

Bankrupt Congress asks MPs to donate month's pay

Rediff.com30 Sep 2015

The party had also decided to ask Congress workers to contribute Rs 250 annually to the party.

Monsoon session could derail GST deadline

Monsoon session could derail GST deadline

Rediff.com7 Jul 2015

Chairman of the committee S S Ahluwalia has sought an extension.

Implementation of PFRDA Act a major task: FM

Implementation of PFRDA Act a major task: FM

Rediff.com12 Nov 2013

The PFRDA Act would give statutory status to the pensions sector regulator, and in addition to other objectives, aims to address apprehensions regarding safety and yield under the National Pension System.

Land bill deadlock impacting rural development: PM at NITI Aayog meet

Land bill deadlock impacting rural development: PM at NITI Aayog meet

Rediff.com15 Jul 2015

Ahead of the Parliament session, Prime Minister Narendra Modi on Wednesday reached out to parties appealing them not to come in the way of prosperity of farmers, saying the deadlock over the land acquisition bill is seriously impacting rural development.

Rahul dares Modi for one-on-one debate on Rafale; counters Jaitley

Rahul dares Modi for one-on-one debate on Rafale; counters Jaitley

Rediff.com2 Jan 2019

Gandhi used a purported audio clip to allege that Goa Chief Minister Manohar Parrikar is 'blackmailing' Modi.

GST Bill introduced in Lok Sabha, to pave way for single tax regime

GST Bill introduced in Lok Sabha, to pave way for single tax regime

Rediff.com19 Dec 2014

Aimed at creating a single tax for goods and services across the country, government on Friday introduced the long-pending GST Bill in the Lok Sabha for roll-out of the new regime from April 2016 subsuming various levies like entry tax and octroi.

India asks Pak to implement ICJ verdict immediately

India asks Pak to implement ICJ verdict immediately

Rediff.com18 Jul 2019

Rubbishing Pakistan's claim of a victory in the case, External Affairs Ministry Spokesperson Raveesh Kumar said Islamabad has its 'own compulsions to lie' to its people.

Claims worth Rs 3.13 lakh cr under insolvency proceedings

Claims worth Rs 3.13 lakh cr under insolvency proceedings

Rediff.com29 Jan 2018

The Reserve Bank had identified 12 accounts, each having more than Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs or bad loans of banks, for immediate referral for resolution under the bankruptcy law.

Sebi begins nearly 200 attachment proceedings to recover money

Sebi begins nearly 200 attachment proceedings to recover money

Rediff.com6 Nov 2013

Sebi has been given direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.

Aadhaar may have a lethal impact on the existence of India

Aadhaar may have a lethal impact on the existence of India

Rediff.com5 Oct 2015

'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.

'Farm laws will have to be repealed'

'Farm laws will have to be repealed'

Rediff.com11 Feb 2021

'The issue is not whether the farm laws are beneficial for the farmers or not.' 'The farmers have taken a stand that they do not want these laws.' 'Why do you want to thrust these laws down their throat?'

Modi government making calibrated bid to weaken democracy: Manmohan Singh

Modi government making calibrated bid to weaken democracy: Manmohan Singh

Rediff.com21 Nov 2018

"The rule of law is under attack. History shall never forgive our present generation if the situation is not changed," the former PM said.

Pressure on Azam Khan to apologise for sexist remarks

Pressure on Azam Khan to apologise for sexist remarks

Rediff.com26 Jul 2019

Speaker Om Birla he will hold a meeting with leaders of all parties and then take a decision.

After Manmohan, Chidambaram attacks 'overly-centralised' Modi sarkar

After Manmohan, Chidambaram attacks 'overly-centralised' Modi sarkar

Rediff.com28 May 2015

P Chidambaram rejected Prime Minister Narendra Modi's veiled charge that Sonia Gandhi was an "unconstitutional authority."

A Phenomenon Called Pranab Mukherjee

A Phenomenon Called Pranab Mukherjee

Rediff.com31 Aug 2020

Ambassador Venu Rajamony, who served as press secretary to President Pranab Mukherjee during his tenure, salutes the statesman and political legend, who passed into the ages on Monday.