News for 'Union Budget in Parliament'

President gives nod to CrPC, merger of Delhi civic bodies bills

President gives nod to CrPC, merger of Delhi civic bodies bills

Rediff.com19 Apr 2022

The CrPC (Identification) Bill empowers the police to obtain physical and biological samples of convicts and those accused of crimes while the DMC (Amendment) Bill, 2022 seeks to unify the three civic bodies in the national capital.

Revenue Secretary on the govt's challenges

Revenue Secretary on the govt's challenges

Rediff.com4 Mar 2010

By partially rolling back the stimulus that was provided through fiscal incentives in the excise duties and by retaining the service tax at 10 per cent, we are primarily signalling that we are going back to a unified goods and services tax, says Sunil Mitra.

The Battle For Satellite Spectrum

The Battle For Satellite Spectrum

Rediff.com27 Dec 2023

While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.

Budget: Here's what the industry leaders have to say

Budget: Here's what the industry leaders have to say

Rediff.com10 Jul 2014

The industry's reactions to the Budget have been mixed.

India may grow 7.2-7.5% in H2; on way to becoming 5th largest economy: FM

India may grow 7.2-7.5% in H2; on way to becoming 5th largest economy: FM

Rediff.com1 Feb 2018

India has already become 7th largest economy of the world, he said, adding that it is expected to become 5th largest economy soon.

SC order on CEC appointment: Rijiju says judges are for judicial work

SC order on CEC appointment: Rijiju says judges are for judicial work

Rediff.com18 Mar 2023

Law Minister Kiren Rijiju on Saturday invoked the constitutional 'Lakshman Rekha' guiding different institutions, including the executive and the judiciary, and wondered that if judges become part of administrative appointments, who would carry out judicial work.

Temper gung-ho spirit on growth: Cong

Temper gung-ho spirit on growth: Cong

Rediff.com3 Mar 2008

Participating in the discussion on the Motion of Thanks on the President's Address to Parliament, senior Congress leader and party spokesman Abhishek Singhvi said in the Rajya Sabha that the economy has grown by over eight per cent in the last four years.

Tight-fisted Jaitley offers promises to debt-ridden banks only

Tight-fisted Jaitley offers promises to debt-ridden banks only

Rediff.com1 Mar 2016

Analysts were expecting the government to propose higher capital infusion for banks.

Aadhaar legislation might be a Money Bill

Aadhaar legislation might be a Money Bill

Rediff.com2 Mar 2016

The Bill could be introduced in Lok Sabha very soon.

Commodity tax: Pawar reignites hope of relief

Commodity tax: Pawar reignites hope of relief

Rediff.com5 Jun 2008

The proposed commodity transaction tax of Rs 17 per lakh was part of the Union Budget 2008-09 that was approved by the Parliament in the last session and is yet to be notified. Asked about timeframe of notification, Pawar said, 'first you allow us to discuss and take a final view.'

'People of Ladakh feel betrayed'

'People of Ladakh feel betrayed'

Rediff.com21 Feb 2023

'The Government of India should start a dialogue with the people of Ladakh, but the trouble is they are not willing to listen to our grievances.'

Analysts bullish on PSU stocks on divestment hope

Analysts bullish on PSU stocks on divestment hope

Rediff.com25 Mar 2021

The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed.

This Budget will be Mr Modi's credibility test

This Budget will be Mr Modi's credibility test

Rediff.com25 Feb 2015

Curbing the federal deficit is the government's absolute priority on February 28.

Exclusive Jaitley's wife: 'Don't expect miracles from the Budget'

Exclusive Jaitley's wife: 'Don't expect miracles from the Budget'

Rediff.com9 Jul 2014

"In view of our economic condition, I expect bitter-sweet Budget. I think the Budget will be good for the country. It can be bitter but may be sweet, too," says Dolly Jaitley.

Budget: Will infra outlay of Rs 2.21 lakh crore boost growth?

Budget: Will infra outlay of Rs 2.21 lakh crore boost growth?

Rediff.com29 Feb 2016

The total allocation for the road sector has been Rs 97,000 crore.

No fare hike in rail budget: Nitish

No fare hike in rail budget: Nitish

Rediff.com20 Jan 2004

Govt says committed to quota as SC ruling rocks Parliament

Govt says committed to quota as SC ruling rocks Parliament

Rediff.com10 Feb 2020

Opposition members tried to corner the government in both the Houses over the Supreme Court decision that states are not bound to provide reserved seats for the SCs, STs and OBCs in appointments and promotions.

CAG pulls up govt for IGST mess

CAG pulls up govt for IGST mess

Rediff.com29 Nov 2021

The CAG has pulled up the union government for adopting an erroneous process of devolution of IGST to states and short-transfer of cesses to reserve funds, which resulted in under-reporting of deficit figures for the 2017-18 and 2018-19 fiscals. The Integrated Goods and Services Tax (IGST), which is levied on inter-state sale of goods and services, is shared between the Centre and states in the 50:50 ratio. In its report on the union government accounts tabled in Parliament, the Comptroller and Auditor General of India (CAG) found that a sum of Rs 13,944 crore was left unapportioned and retained in the Consolidated Fund of India (CFI) in 2018-19, even though the amended IGST Act now provides for a process for ad-hoc apportionment of IGST.

Millions of jobs in IT, textile by 2009

Millions of jobs in IT, textile by 2009

Rediff.com28 Feb 2005

The information technology would generate 70 lakh (7 million) jobs by 2009.

Publicise undertaking given to govt in 2021: SC to WhatsApp on privacy policy

Publicise undertaking given to govt in 2021: SC to WhatsApp on privacy policy

Rediff.com1 Feb 2023

A five-judge Constitution bench headed by Justice KM Joseph asked the mobile messaging app to give advertisement in five newspapers to publicise its undertaking given to the government.

Jaitley and his team deserve compliments

Jaitley and his team deserve compliments

Rediff.com2 Mar 2016

The Budget chose to stick to an ambitious disinvestment programme for 2016-17.

PNB scam, demand for special status for AP stall Parliament

PNB scam, demand for special status for AP stall Parliament

Rediff.com5 Mar 2018

Noisy protests disrupted the both houses of the Parliament on the first day of the second part of the budget session

For every Re in govt kitty, 21 paise to come from borrowing

For every Re in govt kitty, 21 paise to come from borrowing

Rediff.com29 Feb 2016

On indirect tax front, the government will earn 21 paise from excise and customs.

Rail Budget: Annual Plan put at highest ever Rs 60,100 crore

Rail Budget: Annual Plan put at highest ever Rs 60,100 crore

Rediff.com14 Mar 2012

The Annual Plan for Railway for 2012-13 is put at highest ever Rs 60,100 crore (Rs 601 billion).

If BJP wants Rahul's apology, then...: Tharoor

If BJP wants Rahul's apology, then...: Tharoor

Rediff.com17 Mar 2023

'I think when he (Modi) apologises for statements like that, then all of us can apologise for saying the opposite abroad. I think this is the level of political discourse we ought to grow out of'

Modi May Expand Ministry; Berth For Shinde Faction?

Modi May Expand Ministry; Berth For Shinde Faction?

Rediff.com11 Jan 2023

Prime Minister Narendra Modi has rejigged his team only once, in July 2021, in his second term, unlike in his first stint, when he reshuffled and expanded his council three times.

MoD's Big Made In India Push

MoD's Big Made In India Push

Rediff.com3 Aug 2022

Banning the import of platforms that are already being built in India serves little purpose.

Nanavati report to be tabled in Budget session

Nanavati report to be tabled in Budget session

Rediff.com13 Feb 2005

Since Justice G T Nanavati submitted report to Union Home Minister Shivraj Patil in New Delhi on Wednesday, the Sikh community and opposition parties have been demanding that it be made public.

Tax-GDP ratio a prime concern: Survey

Tax-GDP ratio a prime concern: Survey

Rediff.com7 Jul 2004

A day before the announcement of the Union Budget for 2004-05, the Economic Survey called for "overhauling" the tax exemption regime saying low Tax:GDP ratio was a prime concern and it was coming in the way of improving government finances.

Opposition slams Railway Budget for 'weaving dreams'

Opposition slams Railway Budget for 'weaving dreams'

Rediff.com26 Feb 2015

Opposition said saying it lacked vision and road map to execute ideas.

Withdrawing money from bank? Pay tax!

Withdrawing money from bank? Pay tax!

Rediff.com28 Feb 2005

The FM has levied 0.1 per cent tax will be levied on withdrawal of cash of Rs 10,000 and above from banks on a single day. So if you withdraw Rs 10,000 from the bank on a single day, you will need to pay a tax of Rs 10 on it.

New law to boost Mumbai SEZ

New law to boost Mumbai SEZ

Rediff.com28 Feb 2005

Budget 2020: Centre, Sebi spar over transfer of surplus funds to exchequer

Budget 2020: Centre, Sebi spar over transfer of surplus funds to exchequer

Rediff.com28 Dec 2019

In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far.

'Not too many surprises, not too many gimmicks, and welcome consistency'

'Not too many surprises, not too many gimmicks, and welcome consistency'

Rediff.com2 Feb 2022

'The term 'pro-growth' must be qualified somewhat because, while a rising tide will lift all boats, it will not necessarily do so equally.'

Shah slams 'undemocratic' politics of Rahul Gandhi

Shah slams 'undemocratic' politics of Rahul Gandhi

Rediff.com9 Feb 2018

Modi asked MPs to inform the masses about various pro-people features of the budget.

FULL TEXT: President's address to Parliament

FULL TEXT: President's address to Parliament

Rediff.com29 Jan 2021

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.

Govt can exceed growth target with less obstructions, says FM

Govt can exceed growth target with less obstructions, says FM

Rediff.com2 Mar 2016

The government last year introduced the Insolvency and Bankruptcy Code.

Get ready for Maharashtra's first 'aam-aadmi' Budget

Get ready for Maharashtra's first 'aam-aadmi' Budget

Rediff.com9 Mar 2015

Maharashtra Finance Minister Sudhir Mungantiwar speaks to Prasanna Zore/Rediff.com.

'Not the time for aggressive fiscal consolidation'

'Not the time for aggressive fiscal consolidation'

Rediff.com28 Dec 2022

The government should not go in for an 'aggressive fiscal consolidation' in the upcoming Budget as global risks have not abated, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Wednesday. Goyal further said subsidies are expected to come down as food and energy inflation moderates. WPI inflation in food articles in November was 1.07 per cent against 8.33 per cent in the previous month.

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Delhi services bill: Tharoor says coercive federalism exists; Lekhi hits back

Rediff.com4 Aug 2023

Tharoor argued that the proposed bill represents a "grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism."