Wednesday 30 September '09
The goods & services tax (GST) regime, which is aimed at simplifying India’s myriad indirect tax system....Tuesday 15 September '09
The finance ministry has dropped its plans to amend or replace the Fiscal Responsibility & Budgetary Management Act of 2004, which laid down fiscal and revenue deficit targets until 2008-09. The ministry has breathing space until next year before making any fresh commitments, as the government has already set medium-term targets in this year’s Budget. This means it will not run the risk of breaching parliamentary propriety despite the dramatic overshooting of the targets under the Act.Monday
24 August '09The New Pension Scheme has decided to break through to the vast majority of the workers in the unorganised sector, who are not financially capable of meeting the minimum investment needs to qualify for pension. The proposal would also allow approximately 400-million workers, a large percentage of which is barely literate to get free advice from a nodal group about which scheme would suit them the most. The Pension Fund Regulatory and Development Authority is planning a low-cost pension scheme that would cost the workers far less than the current annul contribution threshold of Rs 6,000.Saturday
1 August '09The UPA may have set an ambitious target of 15,000 MW of fresh power capacity in 2009-10 as part of its thrust on big-ticket spending on infrastructure projects to revive the flailing economy.Friday
12 June '09In a major setback to the rollout of a national goods and services tax regime from April 1, 2010...Monday
8 June '09The ministry is considering a proposal to hike the Rs 1-lakh limit for tax-deductible investments.Thursday
28 May '09The Centre is set to significantly expand the National Rural Employment Guarantee Scheme (NREGS), which the Congress thinks played....Friday
26 December '08The government is set to extend the blanket tax exemption provided to software companies in order to boost the IT industry.Monday
1 December '08Key economic reforms and an overhaul of country’s decades-old tax laws will form core of Chidambaram’s unfinished agenda.Thursday
16 October '08The global financial crisis may have hit the world’s biggest insurance players severely.Friday
3 October '08The question of how five metro rail projects should be financed has become a bone of contention.Friday
26 September '08To keep pace with booming services sector, FinMin is considering to expand scope of TDS.Wednesday
27 February '08With a number of populist schemes announced in his Budget, including huge direct employment plans and slashing of fares across the table, Railway minister Lalu Prasad...Thursday
7 February '08Port trusts, chambers of commerce, and educational trusts, which are not...Saturday
8 September '07Staggering 71 Bills pending in Parliament, affecting several critical sectors, could derail the government’s economic agenda...Tuesday
4 September '07Offshore mergers and acquisitions may come under the domestic tax net, with the Government mulling ways to block companies from using the shell company route to ward off revenue officials.Wednesday
4 July '07The premium on your life insurance policy is likely to rise as the finance ministry is likely to levy service tax on the fund management fees or the investment part of your policy.Wednesday
30 May '07Companies are exploring stock appreciation rights (SAR) to get over the blow dealt by finance minister P Chidambaram on employee stock optionTuesday
20 February '07With corporate tax exemptions set to come under close scrutiny, the finance ministry is likely to review the structure of the minimum alternate tax in Budget 2007-08...Friday
16 February '07With record inflation, the government is under pressure to provide the common man tax relief by making last-minute changes to Budget 2007-08.Saturday
20 January '07As part of its plans to woo more private companies into the container business, the railway ministry has asked Central Board of Excise and Customs (CBEC) to rethink the policy on levying service tax on rail container freight.Saturday
6 January '07The finance ministry is planning to crack the whip on ministries and government departments that do not spend their annual budgetary allocation evenly through the financial year.Friday
22 December '06The finance ministry is likely to do away with area-based tax concessions in Budget 2007-08.Wednesday
13 December '06The estimated cost of constructing railways' dedicated freight corridor has jumped 60 per cent from the original projection.Monday
30 October '06After the National Highways Authority of India, the shipping ministry also feels it can do without the public-private partnership appraisal committee in the finance ministry.
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