FORMER FINANCE MINISTER
Budget-making team of Finance Ministry short of two key officials
The budget for 2020-21 to be presented on February 1 is keenly awaited for the expected second wave of structural reforms for pulling out the economy from its over six-year low growth. In addition to expenditure secretary, the position of joint secretary, one of the key officials in the entire Budget-making process, is also vacant for almost three months.
Modi put a Finance Minister who has no idea about economics: Rahul Gandhi
Congress leader Rahul Gandhi on December 05 lambasted at Finance Mi...
#SayItLikeNirmalaTai trends on Twitter after Finance Minister says she doesn’t eat onions, leaves netizens in splits
Nirmala Tai’s statement ...
Robots in finance could wipe out some of its highest-paying jobs
The use of algorithms in electronic markets also poses a challenge for regulators.
Law minister plans to clear backlog in 1 year with fast-track courts
The combined data for rape and Pocso Act cases are of March 31, 2018, and those of only Pocso Act cases are of June 2019, both supplied by the HCs, having a time lag of a little over a year. However, the current status of the number of Pocso Act and other rape cases is unlikely to be too different from the available data set.
Business decisions taken by bank officials won’t be questioned: PM
The PM said his government is promoting professionalism especially in civil services.
FM Nirmala Sitharaman’s onion faux pas: Here’s what she said in Parliament
Speaking in Lok Sabha, the Finance Minister yesterday said that she doesn't eat much of onion or garlic and hails from a family where these ...
Will consider suggestions for personal I-T cut: Finance minister Nirmala Sitharaman
Her comments on personal income tax rates came in response to a question from TMC member Saugata Roy during a discussion in Lok Sabha where she was piloting the bill to amend corporate tax rates. She said she valued everybody who earned their living, paid their tax and took care of their family and business. “So, personal income tax will be considered for its merit.
Tax rate cut aimed at attracting investments: Finance Minister
Nirmala Sitharaman said the move will help attract investment from multinationals looking to shift operations from China in view of its trade war with the US. The finance minister also ruled out lowering tax rate for limited liability partnerships or partnership firms, saying their structure was different from a corporate vehicle.
Hafiz Saeed gets brief breather in terror financing trial, next hearing on December 11
The Anti-Terrorism Court has now fixed Dec 11 as date for framing the charges against the founder of Lashkar-e-Taiba and other co-accused Malik Zafar Iqbal. Saeed was brought to the court amidst high security from Lahore's Kot Lakhpat jail. The Counter Terrorism Department of the Punjab Police had registered 23 FIRs against Saeed and his accomplices.
Ajit told me Sharad Pawar knew of his NCP+BJP plans: Devendra Fadnavis
Asked if Sharad Pawar was indeed aware of the deal, Fadnavis said: “This you will have to ask Ajit Pawar. He told me he knew. I can only say that there were things behind the scenes and between the lines that will be revealed at an appropriate time.” He added that everything had also not been revealed about Sharad Pawar’s meeting with PM Narendra Modi shortly before Ajit’s rebellion.
Under SPG cover, you feel like PM, says former PM Chandra Shekhar's son in RS
Immediate family members of former prime ministers travel in a cavalcade of bullet proof cars, escorted by police bypassing all security checks and barriers and even mandatory frisking at airports.
Parliament okays corporate tax cut; FM says software developers, miners not eligible for lower rates
Replying to a debate on the legislation, Sitharaman said a negative list of activities that do not constitute manufacturing has been created and will not be eligible for the lower 15 per cent tax rate for manufacturing firms that are set up after October 1 and that begin operations by 2023.
Dip in Q2 GDP numbers was expected: Ex-finance Secy Subhash Chandra Garg
Former Finance Secretary Subhash Chandra Garg on November 29 shared his views on GDP growth rate slump to 4.5 percent. He said that the fall...
Growth down, but no fear of recession: Finance minister
Nirmala Sitharaman blamed the slowing of GDP growth in the last two financial years on the lagged effect of the so-called twin balance sheet crisis — stress on banks due to nonperforming assets or bad loans on the one hand and heavily indebted corporates on the other. She blamed this on the Congress-led UPA government’s policies.
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