The issue of his wife appearing as counsel for the revenue department has caused P Chidambaram a lot of embarrassment. Tell us if he should quit.
An announcement has barred the entry of journalists in the finance ministry.
The idea is to get the budget passed by Parliament along with Appropriations Bill and the Finance Bill by the end of March as this would ensure implementation of the Budget proposals from April 1.
Minimum taxes on foreign portfolio investors have been removed.
Policymakers are examining the possibility of increasing the tax-free slab to Rs 5 lakh in the two-year-old alternative personal income tax regime to make it attractive, a government official said. At present, taxpayers don't pay income tax if their taxable income is Rs 2.5 lakh and below. Increasing the threshold will reduce the tax outgo for assessees, thereby leaving more money with them to invest, the official said.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
Odisha is bracing for heavy rainfall early next week under the impact of a possible cyclone in the Bay of Bengal, which is likely to skirt the state and move towards West Bengal and Bangladesh, the Indian Meteorological Department (IMD) said on Friday.
'OPS is the first person in history to ransack his own party office.'
The government has budgeted for total expenditure of Rs 34.83 lakh crore or 6.8 per cent of GDP. While the net tax revenue rose from Rs 5,75,697 crore in October 2020 to Rs 10,53,135 crore till October 2021, a growth of 82.93 per cent annualized, total expenditure rose only by 9.95 per cent, led by infra spending to Rs 18,26,725 crore from Rs 16,61,454 crore during the same period, the RBI said in the financial stability report.
The tourism industry plays a vital role in the town, accounting for 70 per cent of its economy, according to experts.
Sports Minister V Abdurahiman said 20 deaths were confirmed on the basis of information from various hospitals where those pulled out from the water and inside the boat were admitted.
Musk has blamed activists for a significant drop in the company's revenues.
The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.
Finance Minister Arun Jaitley revealed that the government wanted to give Hasmukh Adhia a post-retirement role, but Dr Adhia said he would not work for a single day after November 30.
The revenue department had sent notices to FIIs demanding 20 per cent MAT
Officials have admitted that the problem of frothing will continue until sewage treatment plants in Delhi are upgraded to meet the new standards.
Tax department feels that the second quarter would be much better than the first quarter of the year as the economy has started improving.
As per the plans, the survey will be conducted to identify people of four communities -- Goria, Moria, Desi and Jolah of the tea tribes -- considered as indigenous.
Gandhi dismissed as an "eyewash" the probe into what she called as Ayodhya land 'scam' in areas around the proposed Ram temple while Mayawati demanded that the state government cancel the land deals if the allegations in a media report on the issue are true.
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