News for 'expenditure department'

Sawant, 8 ministers take oath in Goa, Rane among 4 dropped

Sawant, 8 ministers take oath in Goa, Rane among 4 dropped

Rediff.com28 Mar 2022

Sawant took the oath in Konkani language.

On day 2 of review, Jaitley bullish on keeping fiscal deficit down

On day 2 of review, Jaitley bullish on keeping fiscal deficit down

Rediff.com16 Sep 2018

Finance ministry tells PM fiscal deficit target will be met, capex expenditure won't be cut and GDP growth will surpass 7.5%.

Now, no Cabinet nod for projects below Rs 150 cr

Now, no Cabinet nod for projects below Rs 150 cr

Rediff.com16 Nov 2007

In order to provide greater leeway to central government departments and ministries to finalise centrally-funded projects, the Department of Expenditure under the finance ministry has increased the financial limits of projects requiring approval from various cost-approving bodies.

I-T raids: Taapsee, Anurag break silence, resume shooting for Dobaaraa

I-T raids: Taapsee, Anurag break silence, resume shooting for Dobaaraa

Rediff.com6 Mar 2021

Actor Taapsee Pannu and director Anurag Kashyap resumed shooting for their film Dobaaraa on Saturday, both using social media to speak for the first time since Income Tax raids on their premises with posts indicating their spirit remained intact.

Why Budget 2020 will be different

Why Budget 2020 will be different

Rediff.com1 Jan 2020

In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.

Modi govt reshuffles top secretaries; Ajay Bhalla to be new home secy

Modi govt reshuffles top secretaries; Ajay Bhalla to be new home secy

Rediff.com24 Jul 2019

The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.

PNB is at it again! Buys 3 Audi cars for top management

PNB is at it again! Buys 3 Audi cars for top management

Rediff.com9 Jun 2020

PNB took the delivery of these high-end luxury cars worth approximately Rs 1.34 crore last month, unmindful of the coronavirus outbreak, subsequent nation-wide lockdown and its crippling effect on the financial sector as well as the economy. The annual depreciation on this purchase will be around about Rs 20 lakh.

Budget making exercise starts, health outlay may get 50% boost

Budget making exercise starts, health outlay may get 50% boost

Rediff.com30 Nov 2020

Outlay for infra is also expected to see a significant increase in view of the government's Rs 111-trillion investment plan under the national infrastructure pipeline to develop social and economic infrastructure over five years.

EC bans rallies, public meetings in WB from 7 pm-10 am

EC bans rallies, public meetings in WB from 7 pm-10 am

Rediff.com16 Apr 2021

The EC also extended the silence period from 48 hours to 72 hours in each of the remaining three of the eight phases of the West Bengal polls to be held on April 22, 26 and 29.

FinMin warns PSU banks on costly cars for staff

FinMin warns PSU banks on costly cars for staff

Rediff.com15 Mar 2016

In April 2004, the ministry had permitted banks to purchase new vehicles for replacement or otherwise on "need basis".

Fuel subsidy only benefitting the rich: IMF official

Fuel subsidy only benefitting the rich: IMF official

Rediff.com5 Mar 2013

It will take 1/10th of the current expenditure on subsidy to benefit the bottom 40 per cent of the population, according to Laura Papi, Assistant Director, Asia and Pacific Department at the International Monetary Fund.

Major changes in finance ministry after Budget

Major changes in finance ministry after Budget

Rediff.com10 Jan 2017

Three key babus will make room for a new set of officers to carry the baton of Budget programmes.

Rs 5.22 lakh cr spectrum sale plan cleared; auction in March-April

Rs 5.22 lakh cr spectrum sale plan cleared; auction in March-April

Rediff.com20 Dec 2019

Successful bidders will have to pay 25 per cent of the amount upfront for sub 1 GHz, and 50 per cent upfront for higher frequency bands.

Insisted on full disengagement in all talks with China: Govt

Insisted on full disengagement in all talks with China: Govt

Rediff.com31 Dec 2021

"Numerous rounds of talks have taken place with the Chinese counterparts to deescalate the situation without compromising on India's stand of 'complete disengagement and immediate restoration of status quo ante'," the defence ministry said.

Ratan Watal is new finance secretary

Ratan Watal is new finance secretary

Rediff.com31 Aug 2015

Watal a 1978-batch Andhra Pradesh cadre IAS officer.

Taxpayers may not disclose co sponsored foreign trips to I-T

Taxpayers may not disclose co sponsored foreign trips to I-T

Rediff.com18 May 2015

The Finance Ministry is likely to exempt assesses from sharing details of company sponsored foreign trips in the revised Income Tax Return (ITR) forms.

The many shortcomings of Aadhaar

The many shortcomings of Aadhaar

Rediff.com14 Apr 2022

Aadhaar is falling behind on technology, missing out on confidentiality and has gaps in its data archiving policy and preserving confidentiality in delivery of the cards to people, says a report by the Comptroller and Auditor General of India (CAG). The performance report, 'Functioning Of Unique Identification Authority Of India', tabled in Parliament on the last day of the budget session notes, assigning a unique identity to all resident Indians was supposed to be the key feature of Aadhaar. But "There were instances of issue of Aadhaar with the same biometric data to different residents indicating flaws in the de-duplication process and issue of Aadhaar on faulty biometrics and documents". It says close to half a million such records had to be cancelled by the Unique Identification Authority of India up to 2016.

FM replaces revenue secretary

FM replaces revenue secretary

Rediff.com6 Aug 2012

R S Gujral shifted after controversial taxation proposals during his tenure

BSNL to start telecom services in Mumbai and Delhi from January 1

BSNL to start telecom services in Mumbai and Delhi from January 1

Rediff.com20 Nov 2020

BSNL will start providing telecom services, both wireless and fixed line, in Mumbai and Delhi on behalf of MTNL from January 1 on a pilot basis for five to six months.

Audit norms: RBI, govt not on same page

Audit norms: RBI, govt not on same page

Rediff.com8 Jun 2021

North Block is concerned that when India is trying to attract more investment, putting up restrictions on audit firms could create an avoidable bad advertisement.

Why Kejriwal Has Tied Up With This Kerala Businessman

Why Kejriwal Has Tied Up With This Kerala Businessman

Rediff.com13 Jun 2022

'Both of us are not politicians. We were forced to enter politics to counter corruption that is looting the country.'

Maharashtra imposes cap on spending

Maharashtra imposes cap on spending

Rediff.com28 Oct 2004

Investors Summit: Yogi govt spent Rs 65cr in 'make up' of Lucknow

Investors Summit: Yogi govt spent Rs 65cr in 'make up' of Lucknow

Rediff.com24 Feb 2018

Mukesh Ambani said he had never seen any city decked up so strikingly as Lucknow

Why the first post-GST Budget will be 'different'

Why the first post-GST Budget will be 'different'

Rediff.com26 Sep 2017

The forthcoming Budget, the last full one before the 2019 Lok Sabha elections, is expected to contain a number of sops and feel-good announcements, especially regarding social sector schemes.

How real is Modi govt's concern for MSMEs?

How real is Modi govt's concern for MSMEs?

Rediff.com17 Jun 2020

While the Narendra Modi government has stuck to its stand that pending payment is Rs 12,343 crore, MSMEs calim outstanding amount is Rs 2-3 trillion. Moreover, MSME ministry's SAMADHAN portal has been of little help.

Over Rs 650 crore discrepancy: Officials on Kashyap, Tapsee raids

Over Rs 650 crore discrepancy: Officials on Kashyap, Tapsee raids

Rediff.com4 Mar 2021

The statement from the CBDT came as raids on the homes and offices of Bollywood actor Taapsee Pannu, director Anurag Kashyap and his partners who launched the now shuttered Phantom Films continued in Mumbai, Pune and Hyderabad for the second day. The searches also covered some executives of celebrity and talent management companies KWAN and Exceed, officials said.

FM starts work on the Budget

FM starts work on the Budget

Rediff.com27 Oct 2009

Finance Minister Pranab Mukherjee is set to hold his first Budget related meeting with 28 financial advisors of various ministries and departments.

April Fool prankster 'announces' dearness allowance hike

April Fool prankster 'announces' dearness allowance hike

Rediff.com3 Apr 2015

Millions of central government employees were taken for a ride on April Fool's Day.

Pay 1% tax on cash purchase of goods, services over Rs 2 lakh

Pay 1% tax on cash purchase of goods, services over Rs 2 lakh

Rediff.com31 May 2016

Payment in cash for buying goods and services worth more than Rs 2 lakh with the exception of jewellery will attract 1 per cent tax collected at source (TCS) from Wednesday.

US economy grew at 3.5% in Q3

US economy grew at 3.5% in Q3

Rediff.com26 Oct 2018

Real consumer spending grew four per cent at an annual rate in the third quarter, substantially up from the 2.6 per cent pace during the preceding four quarters

Do not donate over Rs 2k in cash to political parties: I-T dept

Do not donate over Rs 2k in cash to political parties: I-T dept

Rediff.com23 Jan 2018

Go cashless. Go clean, say I=T to people.

Govt opposes plea in HC on PM CARES funds

Govt opposes plea in HC on PM CARES funds

Rediff.com2 Jun 2020

As per the plea, the PM CARES trust, with Prime Minister Narendra Modi as its chairperson and ministers from departments of defence, home and finance as its members, was created with the prime objective of dealing with the emergency or distress caused by the coronavirus.

Pranab on why austerity drive is necessary

Pranab on why austerity drive is necessary

Rediff.com12 Jul 2011

Justifying the government's austerity drive, Finance Minister Pranab Mukherjee said on Tuesday the restrictions on foreign visits and other expenses are aimed at curbing wasteful expenditure and containing fiscal deficit.

Over Rs 62 crore illegal cash seized in poll-bound states

Over Rs 62 crore illegal cash seized in poll-bound states

Rediff.com19 Apr 2016

While the two-phased assembly polls voting has concluded in Assam, in West Bengal two phases have completed while four more remain.

CBI books dancer Leela Samson over irregularities

CBI books dancer Leela Samson over irregularities

Rediff.com14 Dec 2019

The Central Bureau of Investigation has booked ace Bharatnatyam dancer and former Chairperson of Sangeet Natak Akademi Leela Samson for alleged "unfruitful expenditure" in Rs 7.02-crore renovation project of Koothambalam auditorium of Kalakshetra Foundation, Chennai.

FDI from China went down by almost half in 3 years

FDI from China went down by almost half in 3 years

Rediff.com14 Sep 2020

There has been a decline in foreign direct inflow from China in the last three years, with FDI coming down to USD 163.77 million in 2019-20, Minister of State for Finance Anurag Singh Thakur informed the Lok Sabha on Monday. Giving details of the total foreign direct investment (FDI) inflow from Chinese companies in India, he said, it was USD 350.22 million in 2017-18, while it declined to USD 229 million in the following year.

Do you have personal income tax queries?

Do you have personal income tax queries?

Rediff.com27 Oct 2020

Filing your tax returns may seem like a lot of paperwork, but it is swift and smooth once you start with a clear plan, says Anil Rego.

'Why was Waze Param Bir Singh's blue eyed boy?'

'Why was Waze Param Bir Singh's blue eyed boy?'

Rediff.com20 Apr 2021

'Singh is complaining that politicians are summoning Waze after bypassing him.' 'But Singh is himself undermining the hierarchy within his force by interacting directly with Waze.'

To trim finances, govt goes on austerity drive

To trim finances, govt goes on austerity drive

Rediff.com12 Jul 2011

The ministry asked all departments to cut avoidable expenditure, including seminars and conferences at five-star hotels and abroad, purchase of new vehicles, foreign travel and appointment of consultants.

US Wants To Be Friends With Taliban?

US Wants To Be Friends With Taliban?

Rediff.com4 Feb 2022

Regional States will be worried that the US's nascent engagement with the Taliban behind the fig leaf of humanitarian aid enables the return of US intelligence personnel to Afghanistan, observes Ambassador M K Bhadrakumar.