The Standing Committee on Finance, which met under the chairmanship of senior BJP leader Yashwant Sinha, has decided to finalise its report by March 2, enabling Parliament to consider the ambitious reforms in direct tax regime.
Former Finance Minister Yashwant Sinha said inflation in India is not going to be reduced any time soon, thanks to the wrong policies of the United Progressive Alliance Government headed by Prime Minister Manmohan Singh. He was responding to a question by rediff.com on the sidelines of a day-long India business conference at the Columbia University, in New York. He said that the government should have woken up long time ago and not now when the situation is out of control.
The first time most of us heard of Droupadi Murmu was when she was appointed governor of Jharkhand, where by all accounts she impressed Prime Minister N D Modi with her dignified and measured six-year tenure in the Raj Bhavan in Ranchi. So much so that Modi picked her as the National Democratic Alliance's Presidential candidate.
During a meeting with a visiting Indian parliamentary delegation on Wednesday evening, the lawmakers, including former ministers Mani Shankar Aiyar and Yashwant Sinha, noted that Prime Minister Manmohan Singh had "rightly said that Yusuf Raza Gilani was a man of peace".
Telecom Minister Kapil Sibal brought the government into another stand-off with the Bhartiya Janata Party, accusing it of stalling Parliament in the winter session to prevent the cover up the National Democratic Alliance regime's lapses.
The External Affairs Minister Yashwant Sinha said on Tuesday that trade and economic cooperation has now become an important part of India's foreign policy and the country is now in a position to increase its investments abroad.
Finance Ministers play a key role in shaping the economy of a country.
Finance Minister Pranab Mukherjee on Monday held a meeting with senior BJP leaders L K Advani, Sushma Swaraj and Yashwant Sinha to discuss these two legislations.
BJP has demanded the Central government to act decisively to end the deadlock in the state. Onkar Singh reports.
Asking that if all these leaders and actors accompanying the Pakistani journalists are Inter-Services Intelligence's contacts, Singh asserted that he would have invited her again had there been no visa restrictions between India and Pakistan.
Several Indian companies might have to set aside 2 per cent of their average net profits during the preceding three years to meet corporate social responsibility (CSR) spending requirements. A parliamentary standing committee on finance, which vetted the Companies Bill, 2009, said in its report that the ministry of corporate affairs has agreed to the suggestion.
High drama unfolded in the Bharatiya Janata Party on Tuesday on the eve of election of a new party president with Yashwant Sinha procuring a nomination form and Mahesh Jethmalani complaining that he was being denied one even as Nitin Gadkari appeared set to get a second term.
Bankers' committee suggests banks lend to meritorious students without collateral.
A Parliamentary committee scrutinising the Direct Taxes Code (DTC) Bill will recommend raising of the annual income tax exemption limit to Rs 3 lakh.
Suggests far more generous provisions than proposed in Direct Taxes Code
Suggests far more generous provisions than proposed in Direct Taxes Code
The incident, involving a Chinese patrol, occurred in Arunachal Pradesh, on June 26, 2003.
The negotiations with Bangladesh for a free trade agreement will begin before October this year, External Affairs Minister Yashwant Sinha informed the Rajya Sabha on Thursday.
China on Monday pledged an investment of $500 million for infrastructure development and resource building in India and agreed to a plan of action for economic cooperation between the two countries.
BJP deputy leader in the Lok Sabha Gopinath Munde has been appointed Chairman of Parliament's Public Accounts Committee (PAC), a post vacated by expelled BJP leader Jaswant Singh.
After staging a walkout from the meeting of the Joint Parliamentary Committee examining the 2G spectrum scam, the BJP on Tuesday accused its Chairman P C Chacko of being 'biased' and threatened to quit the panel.
Board of Control for Cricket in India vice-president Rajiv Shukla says there is "nothing wrong" with the Parliamentary Standing Committee on Finance, headed by Yashwant Sinha, summoning its president, Shashank Manohar, and Indian Premier League chairman Chirayu Amin to reply to questions on financial transactions related to the Twenty20 league.
Hitting out at Prime Minister Manmohan Singh over his handling of foreign policy, Bharatiya Janata Party on Wednesday said India has completely reversed its position on terrorism emanating from Pakistan, and warned that the mention of Balochistan in the joint statement would 'trouble' the country. Initiating a debate on the 'Issues arising out of Prime Minister's recent visits to foreign countries', BJP leader Yashwant Sinha also targeted the government.
The statement by Nandan Nilekani that the ambitious Unique Identification card will be for all residents of India including non-citizens on Friday triggered a controversy with the Bharatiya Janata Party demanding a statement from the government.
Home Minister P Chidambaram on Wednesday rejected the demand of Railway Minister Mamata Banerjee for an inquiry into the killing of Maoist leader Cherukuri Rajkumar alias Azad. "Please tell me under which law the Centre should initiate an inquiry into the encounter killing of Maoist leader Azad, I am asking my non-lawyer friend (Bharatiya Janata Party leader) Yashwant Sinha," Chidambaram said while replying to a discussion in the Lok Sabha.
A cartoon depicting B R Ambedkar purportedly published in a NCERT textbook and row over Home Minister P Chidambaram's statement in the Aircel-Maxis deal today led to disruption of the Lok Sabha.
Hours after his angry outburst led to an hour-long adjournment of Lok Sabha, Finance Minister Pranab Mukherjee on Thursday expressed his "regret" for losing temper, saying it was not appropriate.
Bhartiya Janata Party president Rajnath Singh said that the party should jointlytake responsibility for victory or defeat. "If any individual must own up the defeat in the Lok Sabha polls, I as the president of the party I accept the responsibility," he said while making opening remarks at two day meeting of the national executive at Parliamentary Annexe in New Delhi on Saturday.
"The BJP is totally opposed to the extension of President's Rule in Karnataka, based on specious procedural grounds of the commission not being in a position to complete the procedural work. We earnestly hope the commission will rise to the occasion and find administrative solutions for resolving this problem," BJP leader Yashwant Sinha said.
Pawar and his Manch can deliberate to their hearts' content, but so long as the Congress does not play ball the BJP has little to worry, asserts Virendra Kapoor.
'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'
Lok Sabha Speaker Meira Kumar on Thursday said she was considering BJP's breach of privilege notice against Prime Minister Manmohan Singh for announcing outside Parliament the rejection of the demand for setting up of JPC in the IPL and phone tapping issues.
Charges and counter-charges over links with Maoists flew thick and fast between the Opposition and the government on Thursday as the Lok Sabha began discussion on the Dantewada Naxal attack.
Former Union minister and senior Bharatiya Janata Party leader Murli Manohar Joshi is likely to become the next chairman of the Parliamentary Public Accounts Committee while Yashwant Sinha will replace him as head of the Standing Committee on Finance, BJP sources said.
Charging that the Budget had ignored the 'aam aadmi', on Thursday said the government failed miserably to address price rise and inflation that would bring down the economic growth rate.
Accusing the ruling United Progressive Alliance of losing grip of the situation in the aftermath of the Mumbai attacks, the main opposition Bharatiya Janata Party has suggested that the government should call off composite dialogue with Pakistan as that country has not responded adequately to India's demands.
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