Finance Minister Arun Jaitley hints at a world class tax regime.
The statutory body, which will be named the National Treasury Management Agency, will act as a debt manager handling the borrowings for the centre and states. Despite being a statutory body, NTMA would be under 'general superintendence and control of the government' and its head would be directly accountable to the finance ministry. The objective of the agency is to meet the borrowing needs of the government at lower cost, and function within an 'acceptable level of risk'.
The company said it had extended financial support to the UK business.
On Monday, Assam Chief Minister Tarun Gogoi called on Prime Minister Narendra Modi and discussed the need to set up a comprehensive and coordinated strategy to nip the problem of extremism in the North-East in the bud.
Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed
In view of popular demand, the government will on Tuesday relaunch saving instrument Kisan Vikas Patra (KVP), wherein the invested money will get doubled in 8 years and 4 months.
Asking them to learn lessons from past incidents, former chief minister Omar Abdullah on Friday said the Border Security Force should try to plug holes in the border as militants were "repeatedly" using routes like nullahs or riverine areas to carry out attacks.
Petroleum being out of the goods and services tax initially will create some anomaly as tax credit on some of the inputs to oil industry may not be given, said revenue secretary Hasmukh Adhia.
After Llyod's, many reinsurers keen to start ops in India.
With the Northeast witnessing a spurt in terrorist violence, the Centre has asked the states to strengthen the Special Branches of the state police.Noting that collection of timely and local actionable intelligence holds the key in preventing terrorist activities, a report on the internal security situation by the Home Ministry recently said that well-coordinated and efficient intelligence machinery at the Centre and state level are crucial.
India's fiscal deficit, including the Centre and states, would be among the highest in the world and likely to be 10.3 per cent of GDP in the current fiscal and 10 per cent in the next fiscal, financial services firm Goldman Sachs said on Friday.
Did you know that employers have to pay equal remuneration to its male and female employees who are carrying out the same or similar work?
Indian Administrative Service officers working under the central government cannot be suspended without the nod of Prime Minister Narendra Modi, a move aimed at allowing bureaucrats to take decisions without any fear of political backlash.
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
Index of Industrial Production is expected to have grown by 1-2 per cent in April, D&B said in a research note, adding that the pace of improvement in consumption and investment demand is likely to take place as per the measures taken by the new government.
The Kerala Biodiversity Board has mooted the idea of paying salaries to farmers to make agriculture a viable option to attract a new generation of farmers. This was necessary not only to ensure food security for the country, but to strengthen farming. The government should earmark a fund and farmers should be paid salaries like government employees. The Kerala govt is trying to turn at least 20 per cent of cultivable land every year to the organic method.
'There are two pre-conditions for big reforms. One, a sense of crisis and second, fairly concentrated levers of power.' 'India is growing at 7.5 per cent or something close to that.' 'Our levers of power are decentralised, not just between the Centre and states. Power is dispersed and there is no sense of crisis.'
The apex court asked the counsel for the Centre to specify the status of rules which were to be formulated in pursuance of its direction to protect cattle smuggling to Nepal and posted the matter for further hearing after summer vacation from May 10 till July 2.
The Supreme Court on Friday asked the Uttarakhand government not to force people, caught in flash floods, to walk long distances and said that they should be air lifted to safer places.
As protests demanding Jallikattu swelled on the streets of Tamil Nadu, Attorney General Mukul Rohatgi on Thursday said the state government has the power to enact a law to treat Jallikattu as a traditional sport, but cautioned that the animals should not be harmed or cruelly treated during such events.
DMK blamed the Centre and state government for 'not taking appropriate, timely steps' to ensure conduct of the event and announced a state-wide stir.
The Supreme Court on Friday issued notice to the Centre on a Public Interest Litigation seeking immediate steps for proper screening of international flyers coming to India from Ebola virus-affected countries to prevent the deadly virus from spreading.
'GST gives a huge relief to small businesses of India and West Bengal.'
UP is an important state to roll out the government's agrarian reforms and job growth policies.
The government introduced the 122nd Constitution amendment Bill.
The peak GST rate of 28 per cent as also the 5 per cent ad valorem cess will continue
The Supreme Court on Friday asked the Centre to release funds for MNREGA and to pay compensation to farmers in drought-affected areas.
A bench comprising Justices Arijit Pasayat and Aftab Alam directed all medical, dental, nursing colleges and polytechnics in the country to insert a clause in their prospectus that if the students found indulging in ragging after having been given an opportunity to explain their stand, shall be expelled.
The BJP accused the Congress governments at the Centre and state of 'betraying' the common man by failing to check price rise and of 'divisive' vote bank politics.
Once the GST is passed, the centre and states will have to adopt their own law.
Several in the Congress party are asking whether Vice President Rahul Gandhi is really interested in politics. Renu Mittal reports
Construction costs would be reduced to some extent and this benefit can be passed on to the customers, thereby spurring home buying
Modi asks states to focus on job creation.
At the first meeting of Governing Council of NITI Aayog on Sunday, Prime Minister Narendra Modi will seek views of Chief Ministers.
His recent walkout from Chief Justice Dipak Misra's court earned him critics in courts. 'Yet, even the senior-most judges give him the respect that he deserves.'
Several officers in the intelligence agencies want the role of the National Investigation Agency clearly defined to avoid lack of cooperation between the Centre and states.
Modi govt did decent job in its first year.
The firebrand MNS leader also alleged that the BJP-led governments at the Centre and state wanted "riots to break out in the country".
With the Centre and state governments building public-private partnerships for bringing e-governance and rural connectivity, Hewlett-Packard India has identified e-governance as a focus area for its offerings in the printing and imaging series.
The IMG meeting will be convened shortly.
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