The governments of Karnataka, Uttar Pradesh and Rajasthan want a lower limit of Rs 100,00,00 gross annual turnover.
To help compare numbers better, FinMin might retain the interim Budget Estimates with the new ones.
Kumaraswamy, who also holds the finance portfolio, said he has limited the loan amount to Rs 2 lakh, as it was 'not right' to waiver higher value crop loan.
On Thursday, violent mobs went on the rampage in the Nagaland capital vandalising and setting on fire government offices and vehicles, prompting deployment of five columns of army to bring the situation under control.
Haryana Governor Kaptan Singh Solanki has sought response from Bhupinder Singh Hooda government on the Bharatiya Janata Party's demand for cancellation of recent controversial appointments by the chief minister.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
Despite finance minister's assurance, tax officials seem reluctant to take steps for tackling issues at stake
Only three or four tonnes is estimated to have been mobilised under the scheme.
O Paneerselvam did not even sit in Jayalalithaa's office chamber and left her seat vacant in the assembly. This time Amma is not coming back and he has a large number of challenges awaiting him.
The Directorate of Revenue Intelligence (DRI) has slapped a Rs 5,500-crore show-cause notice on Adani group for alleged over-valuation of capital equipment imports.
Drugs under exemption make up roughly 95 per cent of the antiretrovirals used by India's AIDS patients
'The IAS officers are after the rich people, the IRS officers are after the middle class and the IPS officers are after the poor. This is the new varnashrama created by the bureaucracy.'
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
FBT was an unpopular tax and withdrawn before the General Elections in 2009
WGC expects demand to revive in H2 on surplus monsoon rains
Many consumer good companies say they will pass on the benefits to consumers, which will bring down prices.
India will raise its import duty on sugar to 40 percent from 15 percent, as the government tries to revive business at mills that owe farmers around $1.84 billion, the food minister said on Monday.
The Finance Ministry has started preparations for Budget 2014-15 by asking different central ministries and departments to come out with their estimates of receipts as well as expenditure for the next financial year.
The present tax revenue of the state is Rs 120,000 crore.
Senior New Delhi-based journalist R Rajagopalan, who has been closely following the Union Budget preparations since 1977, lifts the veil off India's most secretive operation.
The government announced several incentives in the five-year Foreign Trade Policy.
Fourteen ministers are from the Congress, nine from its ruling coalition partner Janata Dal-Secular and one each from the Bahujan Samaj Party and the Karnataka Pragnyavantha Janatha Party.
A Congress MLA in Bihar has landed in trouble after a sting operation caught the legislator on camera purportedly offering liquor to his guests, despite total prohibition imposed in the state by the Nitish Kumar government.
A recent data released by the Central Statistics Office (CSO) confirm that both the manufacturing and mining sectors shrunk in 2013-14 with fall in output.
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
GST impact: Higher lease payouts may hit airlines, cab aggregators.
Delhi Chief Minister Arvind Kejriwal, who took over the reins two days ago, is suffering from fever and cold and will not attend office on Monday. Kejriwal was scheduled to chair a meeting of Delhi Jal Board officials to discuss ways to provide free 700 litres of water per household as promised by him.
The higher salaries and pension outgo will be equivalent to about one per cent of the GDP.
Women candidates have bagged the three top slots in the prestigious Civil Services examination to select Indian Administrative Service and Indian Police Service officers among others.
The company announced on July 11 that it would stop production at its automotive plants for a period ranging from 1 to 8 days during the remaining period of the month.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
The great pity is that Mr Siddiqui has a remarkable, even inspiring, story to tell, feels Sunil Sethi.
The government on Wednesday put on hold a hike in LPG prices in states including Karnataka, Madhya Pradesh and Kerala, where an increase in local levies had led to a rise in fuel rates.
Seven people have been arrested after anti-narcotics sleuths and Haryana police busted a suspected Christmas-eve rave party being held at a farmhouse in Mewat district on the outskirts of Delhi.
A tax reforms panel, headed by finance minister's advisor Parthasarathi Shome, is considering moving away from setting fixed tax-collection targets and linking these with the changing economic scenario during the year.
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.
The auto maker wants to cut output in the wake of low demand.
Bihar chief minister Nitish Kumar on Thursday reiterated that his government is committed to enforce liquor ban or prohibition in the state. M I Khan/ Rediff.com report from Patna.
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