The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.
The BJP claimed that the attackers were TMC-backed goons, accusing the Mamata Banerjee government of allowing violence against opposition leaders even in times of humanitarian crisis.
R S Gujral shifted after controversial taxation proposals during his tenure
In less than five months of resuming charge of the finance ministry, Palaniappan Chidambaram has put in place virtually a new team to take charge of the government's fiscal policy management in the remaining months of its tenure. Will the celebrated economists and IAS officers share the required equation remains to be seen.
The letters contain summary of information about financial transactions along with customised response sheet with a view to know why the person has not filed the income tax return.
The move aims to reduce the interface between assessing officer and assessee.
Kumar Mangalam Birla on Friday says he hasn't done any wrong and is not worried about CBI case against him in coal block allocation.
Bailout packages for fiscally stressed states are in the works, as the government seeks to garner political backing for the key policy reforms it plans to fast-track after the five state elections. A senior finance ministry official involved in the process said a high-level committee under expenditure secretary Sumit Bose had held consultations to identify measures to help West Bengal, Punjab and Kerala.
The idea is not to form a Bengali lobby group but simply to get to know each other better.
Mitra will take over from P V Bhide after January 31.
However, disinvestment secretary Sumit Bose said right now there is nothing on the cards.
Earlier this year, the government raised around Rs 1,000-crore by selling its stake in Satluj Jal Vidyut Nigam.
Despite only Rs 2,000 crore (Rs 20 billion) mopped in the first half through disinvestment, the finance ministry said on Tuesday it is 'confident' of meeting the Rs 40,000-crore (Rs 400-billion) target for the current fiscal, as there is enough appetite in the market.
The government's aim is to ensure it gets to its Rs 40,000-crore (Rs 400-billion) target from disinvestment proceeds before the end of 2010-11.
The fiscal deficit was 4.9 per cent of GDP in 2012-13.
The government introduced new tax rules on Wednesday aimed at reducing litigation with multinational firms over cross-border transactions the government considers tax avoidance schemes.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Sharma was addressing the members of the Board of Trade, a body comprising captains of Indian industry.
Around 75 per cent of total returns are expected to be e-filed in current year.
The government had set a budgetary target of over Rs 1.87 lakh crore for collection from customs duty in current fiscal
The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.
In a stern warning to service tax evaders, the government asked them to either pay their dues by tomorrow or face penal action which could include arrest and prosecution.
New body to replace Plan panel might retain 40% of existing staff
The Modi government has handled inflation far better than any government in the past two decades. Both the stock market and currency indices have begun to show confidence in the economy, despite the mounting global headwinds of trade.
The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.
A summary of Ranji matches played on Tuesday.
The restrictions on gold imports will be reviewed by March end, Finance Minister P Chidambaram said on Monday.
Abhishek packs a punch and Nimrat is deliciously wicked but Dasvi falls short of being the razor-sharp satire it deeply aspires to be, feels Sukanya Verma.
Official panel points to bid deficiencies in rural job guarantee, pensions, housing and other programmes.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
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The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.
To curb mis-selling of policies and rationalise commissions, radical changes have been proposed to help investors.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
Traditional plans are the biggest area of concern for consumers.
While regulators are trying to do their bit, the onus is on you to prove it.
Finance Minister Arun Jaitley should not drop the ball on continuing the battle against black money and move towards digital transactions to reduce the preponderance of cash in the economy, says A K Bhattacharya.
Summary of sports events and persons who made news on Sunday.
The problem can be met, according to Shubhashis Gangopadhyay, research director of India Development Foundation, by the government tapping into its own land holdings.
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