'We must encourage ambitious leaders and not stifle them.'
The Centre on Wednesday ruled out giving control of the city police to the Delhi government for now, saying the responsibility of law and order in the capital should remain with the central government.
The proposed ordinance on food security is likely to be taken up again at a meeting of the Union Cabinet on Wednesday, when it will consider whether to go ahead with promulgating it or convene a special session of Parliament for its passage.
There was no law that prevented the government from presenting a sixth full Budget, or something similar to it.
The opposition has attacked the Modi government over the National Democratic Alliance's last full-fledged budget before the 2019 Lok Sabha elections.
On the day of the Union Budget on February 28, Indian stocks had fallen sharply after Chidambaram said that Tax Residency Certificate is 'a necessary but not Sufficient' condition to avail of the benefits under double taxation avoidance agreements.
Notwithstanding marginal growth in employment, there were as many as 28 million unemployed persons in the country in 2009-10.
Stresses on need to boost investor sentiment through stable regulation.
In this year's budget, Finance Minister Nirmala Sitharaman hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles.
Union Home Secretary G K PIllai has said Hyderabad will be the capital of Telangana. MPs from the non-Telangana areas will meet Home Minister P Chidambaram and Law Minister Veerappa Moily.
Chidambaram said he feels that Dassault 'is laughing all the way to the bank', as the NDA government gave a 'gift'.
The regulators have proposed changes in the norms for inclusion of mutual funds in the scheme.
The uncertainty over the implementation of the new tax continues as the Finance Bill has not been passed by the Parliament. Finance minister P Chidambaram had announced in his Budget proposal that the levy would come into effect from April 1. The uncertainty over the implementation of the new tax continues as the Finance Bill has not been passed by the Parliament. P Chidambaram had announced in his Budget proposal that the levy would come into effect from April 1.
Announcing the Cabinet Committee on Economic Affairs decision, Finance Minister P Chidambaram said a Special Purpose Vehicle would be set up for the project.
The 12th Plan document has already been approved by the full Planning Commission chaired by Prime Minister Manmohan Singh on September 15.
A checklist that will help you save taxes in financial year 2013-14 which begins April 1, 2013 and ends March 31, 2014.
On Friday govt increased the petrol price by Rs 1.40 a litre.
Finance Minister P Chidambaram announced a slew of taxation proposals in the Union Budget on Thursday.
In a survey by BS reporters across India, a majority of the 25 CEOs who responded said they expected the FM to introduce amendments to the I-T Act which would reduce litigation in tax disputes between firms and the revenue authorities.
Do you think FBT should be scrapped and India Inc be given alternative choices?
Finance Minister P Chidambaram presented the Union Budget for 2007-08 in Parliament on Wednesday.
Sinha, a former finance minister, hogged the limelight and started trending high on social media on Wednesday after he criticised his own government for sinking economy in an article.
Punita is the founder and managing partner, Pacific Paradigm Advisors
With danger signals flashed in the Economic Survey, the Budget is likely to contain certain bold decisions to cut fiscal deficit and spendings laced with tax sops for the salaried class.
The Union Budget is likely to adopt a three-pronged strategy to bring about the second green revolution in agriculture and evolve methods to tap the $119 billion foreign exchange reserves to boost investment.
The Union Cabinet will take a decision on pricing petroleum products when it meets on Tuesday, Finance Minister P Chidambaram said on Monday.
The government on Thursday decided to ask the 13th Finance Commission to map the road for achieving fiscal deficit targets by including off-budget subsidies like oil, food and fertiliser bonds estimated at over Rs 100,000 crore (Rs 1,000 billion) in the Budget.
'We demand immediate release of all public representatives of mainstream political parties and innocent citizens,' the resolution said.
The government on Monday constituted a Group of Ministers to look into pricing and auctioning of spectrum for 3G telephony that will revolutionise the way data is received and transferred on mobile phones.
Do you think the Budget is good? Will prices of goods drop or rise? Will the stock markets continue to soar? What else could Chidambaram have done?
Referring to the collapse of some financial institutions in the US, the finance minister said banks in India were insulated from the crisis and their financial position was quite strong.
The Union government has reconstituted the Cabinet Committee on Economic Affairs with Prime Minister Manmohan Singh as its chairman.
One is really left wondering how India can ever claim to fare better than the United States and the United Kingdom in this space.
The government decided to table in Parliament on Tuesday the report of the Liberhan Commission that probed the Babri Masjid demolition in 1992, a day after the leakage of the findings set off a political storm.
Trade unions on Wednesday opposed divestment in public sector undertakings and hike in foreign direct investment in telecom, insurance and aviation sectors
The delegation was led by Union Women and Child Development Minister Renuka Chowdhary and comprised non-governmental organisations, FICCI Ladies Organisation (FLO), and Bollywood actress Preity Zinta.
In an era of falling interest rates, major trade unions on Friday pitched for restoring 12 per cent return on small savings schemes
'For a responsible person like him to utter such nonsense is shameful.' 'He is not fit to be a director on the RBI central board.'
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