News for 'Standing Committee of Finance'

Peaceful and secure neighbourhood will yield 'rich dividends' for SAARC, says India

Peaceful and secure neighbourhood will yield 'rich dividends' for SAARC, says India

Rediff.com16 Mar 2016

India said it firmly believes that a peaceful and secure neighbourhood will yield "rich dividends" for SAARC nations.

Removal of MFN status would hit $488.5 mn worth of exports from Pak

Removal of MFN status would hit $488.5 mn worth of exports from Pak

Rediff.com15 Feb 2019

Removal of this status means India can now enhance customs duties to any level on goods coming from Pakistan.

WBPCC chief criticises Amit Mitra's remarks against Tata

WBPCC chief criticises Amit Mitra's remarks against Tata

Rediff.com9 Aug 2014

West Bengal Pradesh Congress Committee President Adhir Ranjan Chowdhury on Saturday criticised the statements of West Bengal ministers against Ratan Tata, and said Tata's views and opinions about the development of the state would always be welcomed by the people of Bengal.

Recommendations of the Direct Taxes Code panel

Recommendations of the Direct Taxes Code panel

Rediff.com28 Aug 2019

The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.

'The government is linking us with Maoists to discredit us'

'The government is linking us with Maoists to discredit us'

Rediff.com25 Sep 2018

'The Elgar Parishad turned out to be the first rallying cry against the BJP and RSS in Maharashtra.' 'The speakers took a vow not to vote for the BJP.'

Pulwama attack: India briefs envoys of 25 countries over Pak role

Pulwama attack: India briefs envoys of 25 countries over Pak role

Rediff.com16 Feb 2019

Foreign Secretary Vijay Gokhale summoned Pakistan High Commissioner to India Sohail Mahmood to his South Block office and issued a very strong demarche .

Pranab Mukherjee: The president who could never be PM

Pranab Mukherjee: The president who could never be PM

Rediff.com31 Aug 2020

It was a many splendoured political career, which ended at the presidential palace. But the prime minister's post eluded him, even though it was a position he openly aspired for.

GST bill passed in Rajya Sabha; truly historic, says PM

GST bill passed in Rajya Sabha; truly historic, says PM

Rediff.com3 Aug 2016

The GST will replace more than a dozen levies central and state levies, including central excise duty, service tax and central sales tax as well as VAT on sale of goods and entry tax, to make movement of goods seamless across 1.3 billion market.

'Important for govt to accept economy is in distress'

'Important for govt to accept economy is in distress'

Rediff.com27 Jun 2019

'We are looking at the Budget with the hope that it will address all issues even at the cost of exceeding the fiscal deficit target.'

Govt won't go soft on pursuit of black money: Jaitley

Govt won't go soft on pursuit of black money: Jaitley

Rediff.com9 Sep 2015

The 90-day compliance window to declare overseas wealth ends on September 30.

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.

Officers cold to oversight cadre, RBI faces staff turmoil

Officers cold to oversight cadre, RBI faces staff turmoil

Rediff.com27 Jan 2020

The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.

Assam: 'Unemployment is a great danger'

Assam: 'Unemployment is a great danger'

Rediff.com27 Feb 2021

'There are more young people in Assam who are unemployed than possibly anywhere else.'

'There will be no reservations'

'There will be no reservations'

Rediff.com5 Nov 2019

'Why don't they suggest artificial intelligence training for SC/STs?' 'Why can't they be trained in computer programming?'

Time to avoid blunders and ensure everyone has a pension

Time to avoid blunders and ensure everyone has a pension

Rediff.com4 Apr 2016

This mindless medley of products does not create choice.

Both houses of Parliament prorogued

Both houses of Parliament prorogued

Rediff.com12 Sep 2015

Both houses of Parliament were prorogued on Friday, almost a month after being adjourned sine die, ending the possibility of an extension of the Monsoon session in the face of continued stand-off between government and opposition.

At 50, can AIADMK reinvent itself?

At 50, can AIADMK reinvent itself?

Rediff.com15 Oct 2021

The AIADMK's staying power is not in question, but it has to regain the winning streak. That will require its leaders and leadership to re-wire themselves, to be able to re-think situations in ways different from what they had been accustomed to, suggests Sathiya Moorthy.

Make in India, Swachch Bharat are fine; India now needs reforms

Make in India, Swachch Bharat are fine; India now needs reforms

Rediff.com18 Dec 2014

Economists expect Modi to announce big-bang reforms.

Sports Shorts: We will have Olympics next year, says Coates

Sports Shorts: We will have Olympics next year, says Coates

Rediff.com29 Jul 2020

Russia asks World Athletics to postpone decision on possible expulsion.

The year India and China hoped high, delivered low

The year India and China hoped high, delivered low

Rediff.com2 Jan 2017

India and China met and spoke a lot this year, but failed to produce any meaningful results.

Will the Supreme Court declare the Aadhaar Act a black law?

Will the Supreme Court declare the Aadhaar Act a black law?

Rediff.com11 Jun 2018

Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.

Govt gives Rs 42,000 crore relief to telcos

Govt gives Rs 42,000 crore relief to telcos

Rediff.com21 Nov 2019

The Cabinet approved giving Bharti Airtel, Vodafone Idea Ltd and Reliance Jio an option to avail of a two-year moratorium on payments they were supposed to make in yearly installments for the spectrum bought in auctions.

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.

'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?'

I-T slaps notice on NDTV promoters' transactions

I-T slaps notice on NDTV promoters' transactions

Rediff.com27 Apr 2016

Promoter entity RRPR - owned by Prannoy and Radhika Roy - says allegations baseless; replies to queries by Sebi.

Deadlock continues over AIADMK merger talks

Deadlock continues over AIADMK merger talks

Rediff.com29 Apr 2017

AIADMK-Amma led by Palaniswami accused the O Panneerselvam faction of "refusing" to come for talks.

Even Congress will back GST bill: Jaitley

Even Congress will back GST bill: Jaitley

Rediff.com16 May 2016

The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.

Two major tasks for Sitharaman

Two major tasks for Sitharaman

Rediff.com13 Jun 2019

First, the Insolvency and Bankruptcy Code, much-lauded as a game changer, needs serious reform. Second, some vital policy choices would need to be made as far as competition law is concerned., says Somasekhar Sundaresan.

Next-level GST talks on Wednesday

Next-level GST talks on Wednesday

Rediff.com18 Aug 2014

States' demand of compensation from Centre for loss of tax revenue not on agenda.

Govt to push insurance sector reforms despite opposition

Govt to push insurance sector reforms despite opposition

Rediff.com21 Dec 2014

Govt is keen to push reforms in the insurance sector.

FinMin to hear industry groups' tax issues every Wednesday

FinMin to hear industry groups' tax issues every Wednesday

Rediff.com18 Jul 2013

The ministry has been receiving representations from chambers of commerce and industry associations on tax-related issues and disputes that affect the industry as a whole or impact a large sections of the industry.

'Kejriwal can't handle being CM, dreams of being PM'

'Kejriwal can't handle being CM, dreams of being PM'

Rediff.com3 Feb 2016

'Delhi is regretting its decision of electing Arvind Kejriwal.'

GST rollout on July 1; deadline for filing tax returns extended by 2 months

GST rollout on July 1; deadline for filing tax returns extended by 2 months

Rediff.com18 Jun 2017

As per the revised return filing timeline decided by the Council, for July, the sale returns will have to be filed by September 5 instead of August 10. Companies will have to file sale invoice for August with the GST Network by September 20 instead of September 10 earlier.

Maruti urges Guj Gov to rework Hansalpur plant agreement

Maruti urges Guj Gov to rework Hansalpur plant agreement

Rediff.com5 Mar 2014

Maruti Suzuki is keen that the Gujrat government revises payment condition in the agreement it signed with the former for setting up a plant in Hansalpur.

REVEALED: What went wrong with bank loans

REVEALED: What went wrong with bank loans

Rediff.com20 Jun 2018

'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.

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.

Govt may reconvene Parliament to push through reforms

Govt may reconvene Parliament to push through reforms

Rediff.com25 Aug 2015

The government on Tuesday said it may reconvene Parliament's Monsoon Session to get key legislations, including the pending GST bill, passed, maintaining it has an "open mind" on amendments to reform measures even as it began consultations with leaders of opposition parties.

Raghuram Rajan was 'forced to quit'

Raghuram Rajan was 'forced to quit'

Rediff.com19 Jun 2016

Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.

RBI plays to script, holds interest rate, but cuts growth outlook

RBI plays to script, holds interest rate, but cuts growth outlook

Rediff.com4 Oct 2017

The six-member monetary policy committee voted 5:1 for the decision, with only Ravindra Dholakia voting for a 0.25 per cent reduction in rates.