News for 'Standing Committee on Finance'

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.

Modi pays tribute to Abe Shinzo at state funeral, meets Kishida

Modi pays tribute to Abe Shinzo at state funeral, meets Kishida

Rediff.com27 Sep 2022

Prime Minister Narendra Modi on Tuesday offered a floral tribute to former Japanese premier Shinzo Abe at his state funeral in Tokyo.

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.

Budget may bring good news for the salaried class

Budget may bring good news for the salaried class

Rediff.com24 Feb 2015

FM may increase income-tax exemption limit to Rs 3 lakh

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.

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.

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.

Parliamentary panel pitches for 49% FDI cap in insurance

Parliamentary panel pitches for 49% FDI cap in insurance

Rediff.com10 Dec 2014

A Parliamentary Committee on Wednesday recommended a composite foreign investment cap of 49 per cent in the insurance sector and supported a government Bill to amend the Act.

Banks defer 2-day strike called on September 26-27

Banks defer 2-day strike called on September 26-27

Rediff.com23 Sep 2019

Finance secretary Rajiv Kumar was positive in formation of a committee consisting all concerned to address the issues arising out of the proposed merger of 10 banks including preserving the identity of all the banks.

'Changes in Benami Act will block black money in realty'

'Changes in Benami Act will block black money in realty'

Rediff.com13 Mar 2015

The Budget has proposed a Benami Transactions (Prohibition) Bill.

Clause 6 of Assam Accord cannot be implemented: BJP leader Himanta

Clause 6 of Assam Accord cannot be implemented: BJP leader Himanta

Rediff.com17 Feb 2021

Senior Assam minister Himanta Biswa Sarma on Wednesday said the government cannot implement the recommendations of the central panel on Clause 6 of the Assam Accord, as those are "far from legal reality".

Unions protest decision to grant new banking licences

Unions protest decision to grant new banking licences

Rediff.com8 Apr 2014

AIBEA said that on April 19 its officer bearers would meet in Punjab to decide the next course of action.

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.

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.

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.

EC tells SC it can't be part of panel on freebies

EC tells SC it can't be part of panel on freebies

Rediff.com11 Aug 2022

The poll panel also referred to the reported strong oral observations of the top court against it during the last hearing on the PIL on the issue, saying they have "caused irreparable damage to the reputation of this institution built over the years".

GST Congress' bill; negativism hurting economy: Jaitley

GST Congress' bill; negativism hurting economy: Jaitley

Rediff.com2 Aug 2015

Jaitley said the Congress may be upset with the government for 'political reasons'

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."

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.

New I-T form adds to HNI taxpayers worries

New I-T form adds to HNI taxpayers worries

Rediff.com24 Jul 2016

Non-compliance, underreporting or misreporting will attract a penalty of 50-200 per cent. The authorities may during assessment even tax assets that are 15-20 years old

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.

Pak anti-terror court issues arrest warrant for Masood Azhar

Pak anti-terror court issues arrest warrant for Masood Azhar

Rediff.com7 Jan 2021

The Anti-Terrorism Court (ATC) Gujranwala issued the warrant during a hearing in a terror financing case instituted by the Counter Terrorism Department (CTD) of Punjab police against some members of the JeM.

Will Arun Jaitley present an innovative Budget?

Will Arun Jaitley present an innovative Budget?

Rediff.com9 Feb 2015

The FM could scrap the secrecy around tax rates.

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.

Pak's LeT, JeM have hundreds of fighters, camps in Afghanistan: UN report

Pak's LeT, JeM have hundreds of fighters, camps in Afghanistan: UN report

Rediff.com30 May 2022

The 13th report of the Analytical Support and Sanctions Monitoring Team cites a UN Member State as saying that Jaish-e-Mohammed (JeM), a Deobandi group ideologically closer to the Taliban "maintains eight training camps in Nangarhar, three of which are directly under Taliban control."

Why RBI Announced Rate Hike In May

Why RBI Announced Rate Hike In May

Rediff.com4 May 2022

In its scheme of things, tackling inflation now comes ahead of ensuring growth in the world's sixth largest economy, points out Tamal Bandyopadhyay.

Pak cabinet rejects proposal to import cotton, sugar from India

Pak cabinet rejects proposal to import cotton, sugar from India

Rediff.com1 Apr 2021

In a volte-face, Pakistan's cabinet on Thursday rejected the proposal of a high-powered committee to import cotton and sugar from India, with Foreign Minister Shah Mahmood Qureshi asserting that there can be no normalisation of ties until New Delhi reverses its decision to revoke the special status of Jammu and Kashmir.

'Today, even the RBI is under political pressure'

'Today, even the RBI is under political pressure'

Rediff.com3 Aug 2017

'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'

'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.

'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.

Why China Is Worried About Hong Kong

Why China Is Worried About Hong Kong

Rediff.com7 Apr 2022

'Although Hong Kong weathered many a storm and displayed a remarkable resilience to bounce back, the developments in the territory have raised question marks with regard to its future stability and prosperity.' A revealing excerpt from Rup Narayan Das's Hong Kong Conundrum: Pangs of Transition.

KDMC: Sena to hold Mayor's post for 4 years, BJP for 1 year

KDMC: Sena to hold Mayor's post for 4 years, BJP for 1 year

Rediff.com7 Nov 2015

Ending weeks of acrimonious spats and mudslinging, the BJP and its ruling ally Shiv Sena have finally worked out the modalities for running the KDMC.

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.

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

Rediff.com4 May 2022

Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.

How govt can boost infra funding in India

How govt can boost infra funding in India

Rediff.com4 Apr 2021

For development finance institution to succeed now, the government must stand like a rock behind it and be patient.

Will govt impose GST on education and health?

Will govt impose GST on education and health?

Rediff.com18 Oct 2019

If the items and services such selected subsequently pass the test from the fitment committee and the GST Council, this would be the first of such rate hikes, after a series of cuts in the process of rate rationalisation that started in November 2017.

Power Minister may visit Gujarat to study biz model

Power Minister may visit Gujarat to study biz model

Rediff.com27 May 2014

Merger of the three key ministries is expected to help in removing the hurdles in these areas.

Congress suggestions on GST preposterous, says Jaitley

Congress suggestions on GST preposterous, says Jaitley

Rediff.com25 Nov 2015

Jaitley's concerns are unlikely to cut much ice with the Congress.

Congress Challenge: Keep Siddaramaiah, Shivakumar Happy

Congress Challenge: Keep Siddaramaiah, Shivakumar Happy

Rediff.com18 May 2023

There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.

Par panel against corporates getting bank licences

Par panel against corporates getting bank licences

Rediff.com27 Sep 2013

A parliamentary panel on Friday opposed the new bank licences to corporate houses and voiced concerns over the discretionary power vested with RBI for applying 'fit and proper' criteria for deciding on applications.