News for 'expenditure department'

R Gandhi appointed deputy governor of RBI

R Gandhi appointed deputy governor of RBI

Rediff.com3 Apr 2014

Gandhi was the executive director at the Reserve Bank of India before being promoted to deputy governor post.

What the govt needs to do to cut expenses

What the govt needs to do to cut expenses

Rediff.com19 Feb 2014

For instance, the size of a central ministry's annual outlay should ideally be a key factor in determining the number of people who need to be employed by it.

Defence ministry report ignores Ladakh stand-off

Defence ministry report ignores Ladakh stand-off

Rediff.com14 Jan 2022

The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.

ATM cash vans under lens to check black money in Bihar polls

ATM cash vans under lens to check black money in Bihar polls

Rediff.com4 Oct 2015

Banks asked to maintain record of cash being ferried in these vehicles all the time

Budget 2020: Centre, Sebi spar over transfer of surplus funds to exchequer

Budget 2020: Centre, Sebi spar over transfer of surplus funds to exchequer

Rediff.com28 Dec 2019

In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far.

How the military can get a bang for every buck

How the military can get a bang for every buck

Rediff.com28 May 2020

The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).

CBI raids D K Shivakumar's premises, 'recovers' Rs 57 lakh

CBI raids D K Shivakumar's premises, 'recovers' Rs 57 lakh

Rediff.com6 Oct 2020

Congress leaders have hit out at the BJP governments at the Centre and in Karnataka, questioning its timing.

45 cows seized from smugglers die in a Tripura shelter

45 cows seized from smugglers die in a Tripura shelter

Rediff.com16 Jul 2019

Altogether 159 cows, which were kept in a cattle shelter (Gaushala) have died since May 14 last, the officials said.

Pay panel favours uniform rules for contractual govt staff

Pay panel favours uniform rules for contractual govt staff

Rediff.com20 Nov 2015

The annual expenditure on contractual manpower in 2012-13 was about Rs 300 crore.

Tamil Nadu BJP chief nominates PM Modi for Noble Peace Prize

Tamil Nadu BJP chief nominates PM Modi for Noble Peace Prize

Rediff.com25 Sep 2018

Dr Tamilisai Soundarajan has nominated Prime Minister Modi for launching the world's largest healthcare scheme Pradhan Mantri Jan Arogya Yojana - 'Ayushman Bharat' and also appealed to people to join her in nominating the prime minister.

Your 6 transactions that the taxman tracks

Your 6 transactions that the taxman tracks

Rediff.com4 Dec 2008

Experts explained that normally, the IT department sends notices to only those people whose yearly credit card transactions cross Rs 200,000.

Flexi fares in Rajdhani, Shatabdi acceptable under LTC: Govt

Flexi fares in Rajdhani, Shatabdi acceptable under LTC: Govt

Rediff.com18 Apr 2017

This dynamic fare component shall not be admissible in cases where a non-entitled government servant travels by air and claims reimbursement for the entitled class of Rajdhani, Shatabdi and Duronto trains

IT ministry asks for 271% hike in planned Budget outlay

IT ministry asks for 271% hike in planned Budget outlay

Rediff.com24 Feb 2016

For 2015-16, the planned outlay for the department was Rs 2,568 crore.

India's spending on space tripled in 10 years

India's spending on space tripled in 10 years

Rediff.com28 Mar 2019

India's spending on space research almost tripled from Rs 4,163 crore in 2009-2010 to Rs 11,538 crore in 2018-2019.

Modi replaces top finance mandarin Mayaram in 1st major shake up

Modi replaces top finance mandarin Mayaram in 1st major shake up

Rediff.com16 Oct 2014

Over the past six months Rajasthan has introduced some of India's most radical free-market labour, land and welfare reform.

Govt may infuse Rs 20,000 cr in PSU banks

Govt may infuse Rs 20,000 cr in PSU banks

Rediff.com13 Feb 2013

The government is likely to infuse additional capital of Rs 20,000 crore in the public sector banks next financial year to meet Basel III global capital risk norms.

Economic slump over, GDP will continue to rise in coming quarters

Economic slump over, GDP will continue to rise in coming quarters

Rediff.com1 Dec 2017

Chief statistician T C A Anant says growth figure might go up once indirect tax data is fully in, however, he agrees that private expenditure is yet to pick up

The Problem With Budgets...

The Problem With Budgets...

Rediff.com1 Feb 2020

'There is a time for lowering one's expectations of the economy -- and therefore not trying to do too much in the Budget,' notes T N Ninan.

Jaitley sticks to fiscal roadmap, FY17 deficit at 3.5%

Jaitley sticks to fiscal roadmap, FY17 deficit at 3.5%

Rediff.com29 Feb 2016

The fiscal deficit in current fiscal has been estimated at 3.9%.

How TN parties 'bribed' voters, reveals EC

How TN parties 'bribed' voters, reveals EC

Rediff.com10 Apr 2017

Complaints were received by the Commission on possibilities of inducement of electors by distributing cash and gifts in innovative forms like tokens, prepaid phone recharge coupons, newspaper subscription, milk tokens.

Centre ups infra projects offering to Rs 111-trillion

Centre ups infra projects offering to Rs 111-trillion

Rediff.com30 Apr 2020

The infrastructure spending target for 2020-25 was revised because of additional and amended data provided by central ministries, state governments since the release of the summary NIP Report in December 2019 when it was pegged at Rs 100 trillion.

Covid impact: Govt not to print Budget documents this year

Covid impact: Govt not to print Budget documents this year

Rediff.com11 Jan 2021

This will be the first time since the presentation of independent India's first budget on November 26, 1947, that the documents containing income and expenditure statement of the Union government along with finance bill, detailing new tax and other measures for the new financial year, will not be physically printed.

Will Modi Sarkar come out with a 6th Budget?

Will Modi Sarkar come out with a 6th Budget?

Rediff.com17 Aug 2017

This will violate the time-honoured convention that a government elected for a five-year tenure presents only five full Budgets, but the NDA government will no doubt present it as yet another initiative of Mr Modi.

Vadra seeks anticipatory bail in money laundering case

Vadra seeks anticipatory bail in money laundering case

Rediff.com1 Feb 2019

Vadra's anticipatory bail application is likely to be heard by the court on Saturday.

Cabinet gives nod to hire 20,750 staff for I-T Dept

Cabinet gives nod to hire 20,750 staff for I-T Dept

Rediff.com24 May 2013

The Cabinet on Thursday approved a proposal to create an additional 1,349 additional posts in the Indian Revenue Services cadre and 19,402 in the non-IRS cadres.

LTC norms eased, govt employees to get reimbursement of rail fare for children

LTC norms eased, govt employees to get reimbursement of rail fare for children

Rediff.com5 May 2016

The Centre will now reimburse full train fare incurred by its employees on purchase of tickets for their children aged between five and 12 years.

Ms Sitharaman, You FAILED Us On The Budget

Ms Sitharaman, You FAILED Us On The Budget

Rediff.com1 Feb 2022

This was the one Budget that required radical departures on all these fronts, when it had none, asserts, Shreekant Sambrani.

'Economy is touching pre-Covid levels'

'Economy is touching pre-Covid levels'

Rediff.com11 Nov 2020

'It is entering growth territory on a month-on-month basis.'

FM wields the axe on allocations

FM wields the axe on allocations

Rediff.com14 Jan 2013

Before Budget, departments see outlays shaved.

SC tax reprieve to firms on forex losses

SC tax reprieve to firms on forex losses

Rediff.com9 Apr 2009

The SC's dismissal of the Income-Tax department's plea that companies cannot claim deductions against tax liabilities on account of losses due to foreign exchange rate fluctuations legitimises the way companies were accounting for these forex losses.

Skilling to become mandatory in govt tenders

Skilling to become mandatory in govt tenders

Rediff.com17 Jul 2016

Government tenders could soon go to bidders who promise to train highest number of youth.

How the Union Budget is made

How the Union Budget is made

Rediff.com24 Feb 2016

The main responsibility for producing the Budget rests with the Budget Division of the Department of Economic Affairs in the finance ministry

Union Budget likely to be presented on Feb 1

Union Budget likely to be presented on Feb 1

Rediff.com20 Sep 2016

The entire Budget-making exercise will be advanced by 3-4 weeks so as to complete the legislative part of financial business before April 1, the start of a financial year

Finance Secretary Mayaram transferred even before taking charge

Finance Secretary Mayaram transferred even before taking charge

Rediff.com30 Oct 2014

Arvind Mayaram, who was shunted from Finance Ministry to Tourism only a fortnight ago, has now been transferred as secretary in minority affairs ministry even before he took charge of his new post.

Austerity drive: Govt bans creation of new posts

Austerity drive: Govt bans creation of new posts

Rediff.com31 May 2012

There will also be a ban on purchase of new vehicles, the Finance Ministry said in a direction to all ministries and departments.

Why replacing branded drugs with generics won't be easy

Why replacing branded drugs with generics won't be easy

Rediff.com25 May 2017

Mandatory prescription of generic names is not a complete solution. Rather, in the absence of a range of approaches, it could mean passing the choice of selecting a drug from a doctor to a pharmacist, says Chandrakant Lahariya.

Splurge may need flash of PAN

Splurge may need flash of PAN

Rediff.com16 Jan 2006

Fiscal deficit could touch 5.3% of GDP in FY'13: Govt

Fiscal deficit could touch 5.3% of GDP in FY'13: Govt

Rediff.com27 Sep 2012

"I dont think we will be able to contain fiscal deficit to our Budget plan of 5.1 per cent (of GDP). It could be 5.2 to 5.3 per cent, which is doable," Department of Economic Affairs Secretary Arvind Mayaram told reporters in New Delhi.

Babus get DA hike, but where is the money?

Babus get DA hike, but where is the money?

Rediff.com8 Oct 2008

The central government babus have been given a big hike in TA/DA (travel allowance/dearness allowance) as part of implementation of the Sixth Pay Commission, but it may be only illusory as ministries and departments will get no additional funds to foot their bills.

What Jaitley needs to do to meet the fiscal deficit target

What Jaitley needs to do to meet the fiscal deficit target

Rediff.com14 Nov 2014

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.