Sources said both Mukherjee and Deora were in favour of Rs 2-3 a litre hike in petrol and diesel prices and Rs 25 per cylinder increase in LPG rates.
Haryana Janhit Congress-Bharatiya Janata Party alliance candidate Kuldeep Bishnoi won the Hisar by-poll by defeating nearest rival Ajay Chautala of Indian National Lok Dal by 23,617 votes.
After withdrawing support to the United Progressive Alliance government over the Sri Lankan Tamil issue, DMK's five representatives resigned from the Union Council of Ministers which were accepted by Prime Minister Manmohan Singh late on Wednesday night.
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.
Financial expert Anil Rego feels that there is nothing much Union Budget 2012-13 offers to the taxpayers.
Fast tracking of corruption cases against public servants and amendment to the Constitution to provide for summary proceedings in cases of grave misdemeanour involving bureaucrats would form part of the terms of reference of the Group of Ministers formed to tackle the menace.
How can you issue an ordinance along with summoning the Parliament session, the President is learnt to have asked the government.
Finance Minister Pranab Mukherjee has done the right mix of moderation on the price front, Prime Minister Manmohan Singh said.
The diamond industry found nothing to cheer about in the Union Budget for 2009-10 presented by Finance Minister Pranab Mukherjee. Industry players in Surat - the diamond capital of India - described the Budget as "disappointing", since the beleaguered industry was expecting a special package to counter the recession.
The decision to finance these districts for rapid improvement in schooling, health care and drinking water comes nine months after Finance Minister Pranab Mukherjee listed the drive in his Union Budget to ensure the poor and the tribals do not head to the Naxals for help.
The Budget refers to the 'Annual Financial Statement', laid before both the Houses of Parliament.
Presenting the Union Budget 2009-10, finance minister Pranab Mukherjee said, "Necessary funds are proposed to be allocated for the missions that are being launched following the NAPCC unveiled last year."
The tourism ministry wants rationalisation of import duty on adventure sports equipment to promote adventure tourism in the country. There is a proposal for exemption of service tax for inbound tour operators on their foreign exchange earnings. Sources said Tourism Minister Kumari Selja would submit the detailed proposals to the finance ministry, seeking various tax incentives for the sector.
Dubbing the United Progressive Alliance at the Centre as "the most corrupt government ever seen by independent India", senior Bharatiya Janata Party leader L K Advani on Saturday wanted the Lokpal bill to be passed in the next session of Parliament itself.
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.
The Centre will extend invitation to groups and individuals, including separatists in Jammu and Kashmir for a meeting with the 39-member all-party delegation visiting the state from Monday.
Ludhiana's readymade garment makers on Wednesday announced shutting down of operations for a day on March 4, perturbed by the latest budget proposal, making 10 per cent excise duty on branded apparels mandatory.
In an exclusive column to Rediff.com, CPI-M general secretary Prakash Karat explains what is wrong with the Union Budget 2011-12 that Finance Minister Pranab Mukherjee presented in Parliament on Monday.
Bowing to demands by several political parties, government on Thursday decided to carry out a caste census next year.
When Union Finance Minister Pranab Mukherjee came to the All India Congress Committee headquarters on Tuesday evening to meet the Congress Working Committee members and party office bearers and hear their suggestions on what should be incorporated in the coming budget for the aam admi, he was bombarded with suggestions.
In his desperate bid to bring back the India-England World Cup match to Eden Gardens, Cricket Association of Bengal chief Jagmohan Dalmiya on Saturday called on Union Finance Minister Pranab Mukherjee, though authorities in Kolkata denied taking any political help.
Finance Minister Pranab Mukherjee on Monday broke hearts of fairer sex by increasing import duty on gold bars, but tried to be even handed by raising income exemption limit for women by Rs 10,000 and by exempting excise on branded jewellery.
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.
External Affiars and Finance Minister Pranab Mukherjee on Monday said the government cannot indulge in 'reckless borrowing' and did not have Parliamentary mandate to tweak taxes.
The Union government has reconstituted the Cabinet Committee on Economic Affairs with Prime Minister Manmohan Singh as its chairman.
All subsequent cylinders will have a non-subsidised rate that will be fixed every month.
In view of the severe drought and growing prices of essential commodities, Prime Minister Manmohan Singh has constituted a crisis management group of Ministers (GoM) for monitoring the situation on a day-to-day basis.
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.
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.
Former Union law minister and civil activist Shanti Bhushan has urged the government to hold an open debate on the Lokpal Bill so that the people of India get to know the stance taken by the various members of the drafting committee.Finance Minister Pranab Mukherjee, chairman of the Lokpal Bill Drafting committee, is yet to respond to Bhushan's demand.Bhushan, who is one of the five representatives of the civil society on the panel, said the government was backtracking.
A uniform concessional basic duty of 5 per cent, CVD of 4 per cent with full exemption from special additional duty on all medial equipment are proposed doing away with a very complex import duty regime.
Following is the text of the Gazette Notification issued by the government constituting the Joint Drafting Committee comprising ministers and civil society activists to prepare the draft Lok Pal Bill.
Unless ratified by eight states, a Constitutional amendment cannot be signed by the President of India.
The Union finance ministry has set up a special investigation unit to 'regulate' the funding and donations made to political parties.
The Union Cabinet has been summoned for an unscheduled meeting Tuesday morning before the start of Parliament's day's sitting, strengthening speculation that the government may be pushed to tabling the Liberhan Commission report on Babri Masjid demolition.
Finance Minister Pranab Mukherjee presented the Union Budget 2011-12 in Parliament on Monday. While the finance minister made the tax payers slightly happy by raising the exemption limit to Rs 180,000, he made many others unhappy.
Current account deficit in 2010-11 will be well below 3.0 per cent of GDP.
In an hour-long chat on rediff.com on Wednesday, experts Vinay Mahajan and Devang Mehta offered some valuable tips.
Tax payers will be looking forward to some relief from Finance Minister Pranab Mukherjee who is expected to raise the income tax exemption limit to at least Rs 2 lakh in his budget proposals.
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.
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