The apex court imposed certain conditions on Karti and directed him to furnish an undertaking in three days that he would abide by the conditions and timeline of his visit.
The Union Budget for 2004-05 was presented in the Lok Sabha today by Finance Minister P Chidambaram. In his opening remarks, Chidambaram said the verdict in the recent general elections was a vote for a change in the manner in which the government wa
The Bharatiya Janata Party and its allies on Tuesday welcomed the Union Budget and said it focussed on youth, farmers, women, and has 'substantial allocations' for Maharashtra, but the opposition slammed the annual financial statement, claiming it neglected the western state and only seeks to please the saffron outfit's partners in Bihar and Andhra Pradesh.
Let me assure you that we will spare no efforts to ensure that quality of life in Mumbai is comparable to the best international cities, says Maharashtra chief minister.
A CBI spokesperson said he has been arrested on the basis of a warrant issued by a competent court.
India needs administrative reforms that make it easy for investors to do business in the country. Currently, it is more difficult to do business in India than in Rwanda, Pakistan, Nepal, Kenya, Nigeria and Bangladesh.
National Security Advisor M K Narayanan on Thursday briefed the Union Cabinet about the latest developments in the investigations in the Jaipur bomb blasts. Finance Minister P Chidambaram briefed the media after the Cabinet meeting, which was headed by Prime Minister Dr Manmohan Singh. Chidambaram did not give any details about Narayanan's briefing. The former chief of the Intelligence Bureau reportedly briefed the Cabinet about the modus operandi adopted by the terrorists.
Addressing officials of Puducherry government and various banks at a meeting organised by state level Bankers Committee in Puducherry, Chidambaram said 'with the availability of banking technology, the scheme is not a complex arrangement but an easy programme.'
He said government has taken measures to augment revenues, especially through tightening tax administration.
In an interview with PTI, Chidambaram also stressed that no Congress MLA elected in the upcoming assembly polls can be poached by the Bharatiya Janata Party in Goa this time, saying 'our house is well-guarded' and though the 'thief' is still out there, the people 'will teach him a lesson'.
According to party sources, the Congress' hopes to regain power are pinned on the first and third phases of the election. The first phase (89 assembly segments) will cover the entire southern Karnataka along with Bangalore and Mysore. In the third phase, 69 constituencies of the northern part will go to polls.
But increase in surcharge for DDT to impact debt funds.
Sharpening his attack on P Chidambaram, Bharatiya Janata Party leader Narendra Modi on Thursday alleged wrist watches with photos of the finance minister were being distributed to voters and demanded a probe by the Election Commission.
Former Finance Minister P Chidambaram is Congress nominee from Maharashtra for the biennial elections to Rajya Sabha while senior leaders Kapil Sibal and Jairam Ramesh have been named from Uttar Pradesh and Karnataka respectively.
Gandhi said that the BJP government has clearly mishandled the economy that was built by the United Progressive Alliance government, and is now resorting to selling the country's assets as a "last resort" to generate some money.
Citing 'frail' health, Chidambaram also said he is not 'accustomed' to food given to him in the jail and has lost 4 kg weight during judicial custody.
Keeping in view the approaching Lok Sabha elections, the All Indian Congress Committee has appointed a battery of high-profile spokesmen for the Congress to showcase the achievements of the last 10 years of United Progressive Alliance government and publicise the various sectors where the UPA has performed. Renu Mittal reports
The Shiv Sena on Monday slammed the Congress for fielding former Union minister P Chidambaram from Maharashtra for the Rajya Sabha poll, saying the party has "damaged itself by foisting him on the state".
The deadlock over the 2G spectrum scam continued when the opposition rejected the government's offer of a probe by the Public Accounts Committee into the scam. Finance minister Pranab Mukherjhee had called for a luncheon meet on Monday afternoon to try and break the dealock which has paralysed parliamentary for the past eight days, where the opposition's repeated call for a Joint Parliamentary Committee has not allowed any business to be transacted in either house.
Mamata Banerjee has announced a Rs 500 crore relief package to assuage those who lost their money to the Saradha chit fund. As West Bengal is dancing on the edge of bankruptcy, this money will be raised from taxes on tobacco. Having already seen their savings go up in smoke the people of West Bengal must now puff away whatever is left, says T V R Shenoy.
According to a CII statement, Godrej mentioned that in the given economic condition, it would have been natural to seek a stimulus including reductions in excise and service tax rates.
Why is Union Finance Minister P Chidambaram worried? Who has the sharpest eye in the Congress? How is the Union law minister tackling the turmoil in his ministry? Catch up on all the gossip from Delhi, in this week's Dilli Gupshup.
The government on Monday said the fiscal deficit for the current financial year will be contained at 4.6 per cent of GDP.
Growth and economic reforms in India must take centre-stage again and acts of corruption or security concerns should not distract the attention of the government and the people, said Union Home Minister and former finance minister P Chidambaram recently.
Chidambaram's son Karti has been questioned twice by the ED in this case.
The Income Tax department should be 'friendly and courteous' towards the tax-payers while recovering levies, Union Finance Minister P Chidambaram said on Friday.
In his petition, Karti contended that the July 18 circular had been issued arbitrarily and without jurisdiction by the Foreigner Regional Registration Officer and The Bureau of Immigration under the Union home ministry at the behest of different agencies to prevent him from travelling abroad.
Union Finance Minister P Chidambaram on Thursday said that tax exemptions will be pruned further and phased out eventually and that the controversial Banking Cash Transaction Tax will be reviewed next year.
The ED had filed the first chargesheet in the case against Chidambaram's son Karti; later, a supplementary chargesheet was also filed against him.
Govt has taken corrective steps to revitalise investor enthusiasm, spur growth, and tame spending.
In a pre-budget memorandum, submitted to the Union Finance Minister, P Chidambaram, the US India Business Council said it was concerned over the several recent policy initiatives of the Indian government in this regard.
To protect tigers, Rs 50 crore has been allocated to the National Tiger Conservation Programme.
Finance Minister P Chidambaram presented the Interim Budget for 2014-15 on Monday.
Two public sector banks, Union Bank of India and United Bank of India (UBI), on Monday cut lending rates by 25-50 basis points (bps) ahead of Finance Minister P Chidambaram's meeting with PSU bank chiefs.
A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.
Union Finance Minister P Chidambaram has asked public sector banks to go slow on disbursals of home and other consumption loans to help fight inflation.
Union Finance Minister P Chidambaram regretted that there has been stiff resistance from certain quarters over the reservation bill, which would ensure 33 per cent seats for women in Parliament and legislatures. Chidambaram said this while releasing the book Karmic Divas -- stories of eight powerful and wealthy women written by Prerna Kaul Misra and printed by Vitasta publications.
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