The Union Budget 2025-26 has allocated more than Rs 1,400 crore to the law ministry to meet carry forward expenditure for holding the 2024 Lok Sabha elections and purchase of new electronic voting......
A day after issuing a government resolution (GR) for the release of Rs 10 crore funds to strengthen the state Waqf Board, the Maharashtra government on Friday withdrew the order amid opposition by......
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......
'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......
Finance Secretary T V Somanathan was on Saturday named as the new Cabinet Secretary by the government for a tenure of two years. IMAGE: Finance Secretary T V Somanathan will be the new Cabinet......
Using the debt-to-GDP ratio as a fiscal anchor aligns with efforts to promote fiscal transparency through proper disclosure of off-budget borrowings. Illustration: Dominic Xavier/Rediff.com In......
Recent documents by NITI Aayog and periodic labour force surveys on employment show that the importance of agriculture is rising in the Indian economy. Illustration: Dominic Xavier/Rediff.com A......
The estimated Rs 1 trillion revenue forgone from direct taxes and Rs 2,600 crore from indirect taxes has been carefully accounted for within the fiscal consolidation road map, ensuring stability......
'Nearly 10 million people will benefit from the increase in the rebate limit for those earning up to Rs 12 lakh.''We expect all that money will come back into the economy in either savings,......
'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.''This was an opportune moment to get rid of the old tax system entirely and move fully to......
IOA Finance Committee chairman Khanna defends decision on Tokyo Games hotel bookings for Tokyo Games, says can't authorise expenditure in absence of approval from President or Secretary......