News for 'Standing Committee of Parliament on Finance'

Govt to bring in legislation to regulate crypto currency

Govt to bring in legislation to regulate crypto currency

Rediff.com17 Feb 2021

Operationalising the ban is being fleshed out: it will entail which cryptocurrencies will be banned and how.

Can't leave too many people out of tax net: Parthasarathi Shome

Can't leave too many people out of tax net: Parthasarathi Shome

Rediff.com31 Jul 2013

Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.

'It is possible to have GST by 2014'

'It is possible to have GST by 2014'

Rediff.com23 Jul 2013

The Empowered Committee of State Finance Ministers got its new chairman on Monday in Jammu and Kashmir's Abdul Rahim Rather.

Goodbye over, govt looks at future plans

Goodbye over, govt looks at future plans

Rediff.com20 Jun 2016

With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.

Swamy seeks suspension of India-Abu Dhabi air pact

Swamy seeks suspension of India-Abu Dhabi air pact

Rediff.com11 Jul 2013

Janata Party chief Subramanian Swamy on Thursday sought suspension of the new bilateral air services agreement between India and Abu Dhabi, saying prima facie it appeared to be linked with Jet-Etihad deal.

Will NDA grant Congress LOP post in Lok Sabha?

Will NDA grant Congress LOP post in Lok Sabha?

Rediff.com5 Jun 2014

Bharatiya Janata Party leader Sumitra Mahajan will be appointed Speaker of the 16th Lok Sabha on Friday. Other key parliamentary posts like that of Leader of Opposition, deputy Speaker, chairman of the Public Accounts Committee and head of the all-important standing committee on finance will be keenly contested.

Crypto industry asks govt to not rush with ban, take 'nuanced approach'

Crypto industry asks govt to not rush with ban, take 'nuanced approach'

Rediff.com24 Nov 2021

The cryptocurrency industry on Wednesday urged the government to take a nuanced approach towards regulating crypto assets in India and asked investors in the country to remain calm and not arrive at a rushed conclusion, a day after the government listed for introduction a Bill to ban all such cryptocurrencies, with some exceptions.

'Ease of doing business will become ease of closing business'

'Ease of doing business will become ease of closing business'

Rediff.com21 Mar 2018

The BMS said that creating workers who do not own their industry and without permanent commitment or relationship with the industry, will be a hazard for industrial growth.

Political parties wake up to women, but is it too little, too late?

Political parties wake up to women, but is it too little, too late?

Rediff.com7 Feb 2022

Women, if addressed properly, have the potential to become a decisive factor in elections.

Race to replace UK PM Johnson gains pace after Sunak's announcement

Race to replace UK PM Johnson gains pace after Sunak's announcement

Rediff.com9 Jul 2022

Sunak joins fellow Indian-origin candidate Suella Braverman, the UK Attorney General who is among the early Tory MPs to announce her plan to contest.

Nepal approves new map incorporating Indian territory

Nepal approves new map incorporating Indian territory

Rediff.com19 May 2020

Both India and Nepal claim Kalapani as an integral part of their territory -- India as part of Uttarakhand's Pithoragarh district and Nepal as part of Dharchula district.

GST moved in Lok Sabha amid stiff resistance

GST moved in Lok Sabha amid stiff resistance

Rediff.com24 Apr 2015

The Opposition said that the government was 'bull-dozing'.

No budget session without JPC, threatens BJP

No budget session without JPC, threatens BJP

Rediff.com5 Feb 2011

Ahead of Finance Minister Pranab Mukherjee's meeting with opposition parties on Tuesday, Bharatiya Janata Party on Saturday said there would be no dilution in its stand on a Joint Parliamentary Committee probe into the 2G spectrum scam and threatened to disrupt the budget session of Parliament if the demand was not met.

Par panel calls for review of Rangarajan gas price formula

Par panel calls for review of Rangarajan gas price formula

Rediff.com18 Dec 2013

The Standing Committee on Petroleum and Natural Gas in a report tabled in Parliament said the proposed formula is a simple average of two methodologies -- price of imports of LNG into India by different suppliers, and weighted average of prices of natural gas prevailing at Henry Hub in USA, National Balancing Point in London and netback import price at the well head of suppliers into Japan.

Jaitley pushes for hike in insurance FDI

Jaitley pushes for hike in insurance FDI

Rediff.com24 Jul 2014

While the Congress will firm up its strategy once the ruling alliance tables the Bill, initial comments by its leaders have been encouraging.

Tharoor stands by 'Hindu Pak' remark; Cong urges caution, BJP seeks apology

Tharoor stands by 'Hindu Pak' remark; Cong urges caution, BJP seeks apology

Rediff.com12 Jul 2018

The ruling party sharply countered the comment, saying the Congress had "demeaned and defamed" Hindus of India.

How Jaitley made good friends even among opponents

How Jaitley made good friends even among opponents

Rediff.com24 Aug 2019

Senior Congress leader Jairam Ramesh puts it succinctly: "Arun Jaitley was every non-BJP person's favourite BJP-ite."

Earning Rs 10 cr? Get ready for 35% income tax

Earning Rs 10 cr? Get ready for 35% income tax

Rediff.com22 Aug 2013

Cabinet likely to pave way for the 'super-rich' tax today.

PM willing to speak to everyone on GST Bill: Jaitley

PM willing to speak to everyone on GST Bill: Jaitley

Rediff.com27 Nov 2015

Offering an olive branch to the Opposition to get the GST bill passed, Finance Minister Arun Jaitley on Thursday said that Prime Minister Narendra Modi is willing to speak to everyone to get the landmark indirect tax law through.

Bharat Jodo Yatra at J-K's Samba under tight security after Jammu twin blasts

Bharat Jodo Yatra at J-K's Samba under tight security after Jammu twin blasts

Rediff.com22 Jan 2023

The Congress said the foot march, being led by party leader Rahul Gandhi, will proceed according to its schedule and reach Jammu on Monday afternoon.

The Pilot who gets co-driver's seat in Rajasthan

The Pilot who gets co-driver's seat in Rajasthan

Rediff.com14 Dec 2018

The man who could well have been a high-level corporate may have to content himself being deputy chief minister. But other challenges await.

The Pilot who helped drive Congress to victory in Rajasthan

The Pilot who helped drive Congress to victory in Rajasthan

Rediff.com11 Dec 2018

The 41-year-old 'young gun' travelled the length and breadth of the state to strengthen the party at the grassroots level and ensure its comeback.

RBI working overtime to meet Rajan's licence deadline

RBI working overtime to meet Rajan's licence deadline

Rediff.com30 Sep 2013

After the screening, the shortlisted candidates will be vetted by an external committee, to be headed by former RBI governor, Bimal Jalan.

A Budget With An Eye On Elections

A Budget With An Eye On Elections

Rediff.com10 Feb 2023

Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Historic! Rishi Sunak to be UK's 1st Indian-origin PM

Rediff.com24 Oct 2022

Rishi Sunak on Monday is all set to make history on Diwali as Britain's first Indian-origin prime minister after being elected unopposed as the new leader of the governing Conservative Party, following Penny Mordaunt's withdrawal from the race.

Govt open to minor changes in Insurance Bill

Govt open to minor changes in Insurance Bill

Rediff.com5 Aug 2014

Congress insists on sending legislation to select committee, says will support it in winter session.

UPA comfortably placed before monsoon session

UPA comfortably placed before monsoon session

Rediff.com16 Jul 2013

Congress senior leaders concede that UPA could be safe in terms of numbers but that does not solve problem totally

Land ordinance: The obvious answers

Land ordinance: The obvious answers

Rediff.com1 Sep 2015

Union Finance Minister Arun Jaitley explains the future of the Land Acquisition Law in India

Meet the 3 experts appointed by SC in Pegasus probe

Meet the 3 experts appointed by SC in Pegasus probe

Rediff.com27 Oct 2021

Three experts on cyber security, digital forensics, networks and hardware were roped in by the Supreme Court on Wednesday to "enquire, investigate and determine" whether Pegasus spyware was used for snooping on citizens and their probe would be monitored by former apex court judge R V Raveendran.

PM has done world's biggest impromptu financial experiment: Rahul on note ban

PM has done world's biggest impromptu financial experiment: Rahul on note ban

Rediff.com23 Nov 2016

"We feel there is a scam behind this decision," Rahul said.

Tough law against illegal deposits

Tough law against illegal deposits

Rediff.com22 Mar 2019

'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'

Indian-origin Rishi Sunak says he is running for British PM

Indian-origin Rishi Sunak says he is running for British PM

Rediff.com8 Jul 2022

Rishi Sunak, the former UK chancellor of the exchequer, on Friday formally launched his leadership bid to succeed Boris Johnson as the new Conservative Party leader and future British prime minister.

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.

When Pranab clashed with Manmohan, twice

When Pranab clashed with Manmohan, twice

Rediff.com8 Sep 2020

Pranab Mukherjee's stewardship of the economy will stand out as much for the manner in which he managed controversies as for creating quite a few of them, says A K Bhattacharya.

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.

Lok Sabha passes bill to make holding of old notes punishable

Lok Sabha passes bill to make holding of old notes punishable

Rediff.com8 Feb 2017

Piloting the Specified Bank Notes (Cessation of Liabilities) Bill, Finance Minister Arun Jaitley said it will extinguish the government's liability towards scrapped notes and also eliminate the possibility of their bring used as parallel currency.

The growing tussle between the govt and CAG

The growing tussle between the govt and CAG

Rediff.com22 May 2022

In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.

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.

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.