The ice may have broken between the Congress and the Dravida Munnetra Kazhagam after a standoff in the last two days, but the issues on which the allies were quarrelling still remain.
After promising support to the United Progressive Alliance government over the 2G Spectrum controversy, Tirnamool Congress chief Mamata Banerjee took the Congress by surprise when she joined the Opposition in their demand for a joint parliamentary committee on Monday.
Mr Mukherjee missed that last call, but Indian politics is as accommodative as an Indian airport. There is always a second announcement, a last and final call! Is Mr Mukherjee ready to fly?
The International Air Transport Association (IATA) has termed the service tax charged on air tickets by the Indian government as illegal according to the Chicago Convention.
India has had 28 finance ministers since independence.
The Union Finance Minister Pranab Mukherjee on Thursday hoped that the steps taken by the government and those by the Reserve Bank of India would bring the inflation down to six percent by the end of this financial year.
Union Finance Minister Pranab Mukherjee on Friday expressed firm commitment to enact the Direct Taxes Code (DTC) Bill at the earliest, after expeditious examination of the report of the Parliamentary Standing Committee.
Government on Tuesday dismissed reports that four Union ministers had offered to quit their posts and work for the party, saying all Congress leaders are working for the party whether they are a part of the dispensation or the organisation.
Karnataka Lokayukta Justice Santosh N Hegde, who is probing illegal mining in the state, on Thursday claimed that his phone has been tapped. Hegde, a former Supreme Court judge, told PTI that after reports of alleged bugging in the office of Union Finance Minister Pranab Mukherjee surfaced, he had asked a professional to carry out a check in his office. "(The professional) told me that my telephone has been tapped. Every conversation was being recorded," he said.
Sheela Bhatt provides a ringside view to the hectic political developments after yoga guru Baba Ramdev landed in New Delhi to start his fast against corruption.
As serious differences over various provisions marred the drafting of the Lokpal Bill, civil society members on Wednesday invited government nominees for a public debate on contentious issues, which could be telecast live on TV.
The Union finance ministry is considering an increase in the central excise duty for some of the products that had benefited from the two rounds of reductions announced by the government as part of its fiscal stimulus measures last year.
The finance minister said this while presenting the Union Budget 2009-2010 at the Lok Sabha on Monday.
This is a rather cavalier treatment of one of the most important items of the government's expenditure statement.
IIP-based cumulative industrial output growth during April-December 2010 was 8.6 per cent, on a par with the growth rate of the corresponding months of the previous year, says the Economic Survey 2010-11 which was presented by the Union Finance Minister Pranab Mukherjee in the Parliament on Friday.
Combating inflation, protecting the common man from the impact of rising food prices and sustaining the momentum of economic growth while ensuring the poor get a fair share of the "fruits of growth" are among the government's "foremost priorities" in 2011-12, President Pratibha Patil said in her address to Parliament this week.
The Union Cabinet, headed by Prime Minister Narendra Modi, also observed silence for two minutes in the memory of Mukherjee.
The standoff in Parliament over a joint Parliamentary probe into the alleged irregularities in the 2G spectrum allocation continued on Tuesday with the Lok Sabha and the Rajya Sabha adjourning till noon, following uproar by the opposition parties.
Union Finance Minister Pranab Mukherjee, while presenting the Union Budget in Parliament on Monday, announced that it is proposed to add one handloom mega cluster each in West Bengal and Tamil Nadu and one powerloom mega cluster in Rajasthan.
An all-party meeting on Tuesday failed to break the stalemate in Parliament over the demand for a joint parliamentary committee into 2G spectrum scam, leaving no immediate signs for return of normalcy in both Houses that have remained paralysed for four days.
The strike is because of the government's decision to levy 10.3 per cent service tax on the film industry.
The Budget session of the Parliament is likely to begin from February 25 with the Presidential Address to a joint sitting of Lok Sabha and Rajya Sabha followed by presentation of rail budget and general budget on February 26 and 28.
Sitharaman, India's first full-time woman Finance Minister, broke away from the colonial tradition of carrying a Budget briefcase in July 2019, opting instead for a traditional 'bahi-khata', to carry the Union Budget papers.
We are emphasising on an agricultural growth of 4.5 per cent to achieve a 9 per cent GDP growth, says Finance Minister Pranab Mukherjee.
In an hour-long chat on rediff.com on Thursday, DCW chairman Mudit Jain replied to many queries on how Budget affects the common people.
In an hour-long chat on rediff.com on Thursday, founding chairman & managing director of Country Club, India Rajeev Reddy analysed how good is the Budget for the common people.
Encouraged by signs of growth revival and desperate to reduce the fiscal deficit Union finance minister Pranab Mukherjee is expected to take this step when he presents his Budget to parliament on 26 February.
In an hour-long chat on rediff.com on Wednesday, COO of Dun & Bradstreet, India Kaushal Sampat offered some tips. Here is the transcript:
Filing your income tax return will be easier this financial year (FY) 2009-10. Want to know how? Read on.
The government has given the Yadavs opposing the Women's Reservation Bill a face saver by which they can withdraw their agitation in the Lok Sabha and allow the House to function, and in return, the government has promised them nothing more than a dialogue and time to discuss the bill with Union finance minister Pranab Mukherjee, not even promising them an all party meeting.
Direct tax expert Vikas Gandhi offers some valuable tax-saving tips.
In a chat on rediff.com, direct tax expert Vikas M Gandhi offered some valuable tax-saving tips.
In an hour-long chat on Thursday, direct tax expert Vikas Gandhi offered some valuable tips.
Financial advisor Parag Parikh offered some valuable post-Budget financial planning tips.
The Congress initially was aspiring for a contest in 90 seats in West Bengal. However, it seems the party decided to settle for a compromise to keep the alliance alive.
The Survey presented by the Union Finance Minister, Shri Pranab Mukherjee in the Parliament on Friday states that the Indian economy remains the second fastest growing in the services growth with 8.9 per cent rate, behind China (10.5 per cent).
India has had 28 finance ministers since independence.
Laying the roadmap for the introduction of a goods and service tax (GST), state governments on Tuesday proposed a dual GST structure, with two rates for goods and a single rate for services. The tax would be levied both by the Centre and the states, though there is still no clarity when the new tax regime will be implemented.
What exactly does the Budget has for the common man? Are you going to benefit from the Budget proposals? Or does it hardly make any effect on your daily life. In an hour-long post-Budget chat on rediff.com, R Seshasayee offered some valuable tips.
Union Finance Minister Pranab Mukherjee while presenting the Budget 2009-10 in Lok Sabha on Monday announced that a sub-committee of State level Bankers Committee (SLBC) would identify and formulate an action plan for providing banking facilities in under-banked/unbanked areas in the next three years.
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