It would also be the last policy of Rajan
HRD Minister Smriti Irani is likely to be the target of Opposition attack in Parliament where Rahul Gandhi will lead the Congress charge against the government on Tuesday.
A more vigilant Opposition and a more aware civil society including the media could have certainly helped keep a check on an unhealthy trend, says A K Bhattacharya.
The passing of the GST bill and the failure of India to acquire NSG membership is set to rule the agenda in Parliament.
Disruption is totally unacceptable in Parliamentary system, the President said.
Venting his anguish over disruptions in Parliament, Prime Minister Manmohan Singh on Wednesday said his heart bleeds over what is happening in the House and it is sad for democracy.
"The ruling establishment seems to have lost all sense of balance, and of proportion. It appears determined to undermine all democratic norms. It seems hell-bent to destroy the spirit of inquiry, the spirit of questioning, the spirit of debate and dissent, said the Congress president.
Maria Sharapova's lawyer blasted WADA chief Craig Reedie for making remarks about the five-times grand slam champion at a conference in London on Monday and said the Russian tennis player was owed an apology.
The list of the 314 MPs, however, does not include Lok Sabha Speaker Sumitra Mahajan, who is also a BJP MP, they said. The majority mark is 268.
The proposal had attracted strong criticism from the salaried class.
What does a Muslim in politics do? Where does he go?
As the Aam Aadmi Party heads for a resounding win in Delhi, Rediff.com's Syed Firdaus Ashraf lists the reasons behind Chief Minister Arvind Kejriwal's triumph.
The Rs 60,000 crore (Rs 600 billion) farm loan relief package announced by finance minister P Chidambaram in the budget might have become an issue of debate but write-offs are not new to the banking system. During the last five years, banks have written-off loans farm, retail and corporate -- amounting to over Rs 60,000 crore to clean up their balance sheet.
Hitting out at the previous National Democratic Alliance government for poor performance of the railways and inability to pay even Rs 2,473 crore (Rs 24.73 billion) dividend, Prasad said when the United Progressive Alliance government completes its term next year the Railways would have a total surplus of about Rs 1,00,000 crore. It has already generated a surplus of Rs 69,000 crore (Rs 690 billion) in the past four years.
'In his 2014 election campaign, Mr Modi had boasted that he would apply the Gujarat model to the rest of India. We just have to ensure he doesn't start with Parliament,' says Shashi Tharoor in this fascinating excerpt from his new book, The Paradoxical Prime Minister: Narendra Modi And His India.
'Benefits in kind' are the ones which are not included in an employee's salary cheque or wages.
Enthused by the consensus in reaching four-tiered GST tax structure, particularly the unanimity achieved with Congress-ruled states, senior government sources were confident that the Central GST and Integrated GST Bills will be passed by both the Houses.
The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.
'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.
The HRD minister claimed that Gandhi family had failed to deliver on their development promises to Amethi, which had to wait for all these years to get a rail line.
While the PM sees zero tax on long-term capital gains and dividend income as unfair since the beneficiaries are not poor, he is silent on the fact that rich farmers too don't pay taxes, since farm income is tax-free, a loophole exploited by many netas and babus, says Debashis Basu.
Finance Minister P Chidambaram said the improvement in tax-GDP ratio has given enough money to the Central government to vastly increase outlays. The UPA government inherited a tax-to-GDP ratio of 9.2 per cent that has risen to 12.5 per cent in 2007-08. The ratio will be 13 per cent in 2008-09 he said, replying to the debate on the Finance Bill in Lok Sabha. Improvement in tax-GDP ratio has been despite cut in customs, excise & in the current budget cut in personal tax rates.
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
Noisy protests disrupted the both houses of the Parliament on the first day of the second part of the budget session
India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers.
Leader of the Opposition in Lok Sabha Sushma Swaraj on Saturday said she firmly believes that culprits of such crimes like the brutal gang rape of a photojournalist in Mumbai should be given death sentence.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
Finance Minister Arun Jaitley is unlikely to heed economists' suggestion that an inheritance tax be introduced in Budget 201415 as an additional revenue stream.
'Given that the economy is going through a slowdown, further downward revisions of the 2019-2020 growth estimates cannot be ruled out,' notes A K Bhattacharya.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Water shortage is likely to lead to political tensions and instability in the future, warns Simon George, President, Cargill India.
Facing flak over its decision to impose tax at the time of withdrawal on 60 per cent of the contributions to Employees' Provident Fund, the government on Tuesday clarified that only interest accrued on 60 per cent contribution to EPF after April 1, 2016 will be taxed.
In a major step towards providing faster and updated information on rail services, Railway Minister Lalu Prasad on Tuesday
Gandhi said, "I am saying in 10 days, but I assure you it will do done within two days."
Taking a leaf from the US, Canada and the UK, where students and research scholars get to work with Parliamentary panels, Lok Sabha Speaker Sumitra Mahajan is pushing for induction of interns in the Parliamentary standing committees.
During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.
Making it clear that he was not opposed to the National Food Security Bill, Union Agriculture Minister Sharad Pawar on Friday said he would prefer it to be approved by Parliament after a debate.
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