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Centre-Left govt unholy nexus behind WB's debt: Mamata

In a shrill attack on the Centre, Chief Minister Mamata Banerjee on Thursday accused it of an "unholy nexus" with the erstwhile Left Front government of West Bengal, leaving the state in a......

15th Fin Comm keeps tax devolution to states at 42%

The 15th Finance Commission has recommended that the states be given 42 per cent of the divisible tax pool of the Centre during the period 2021-22 to 2025-26. Illustration: Uttam Ghosh/Rediff.com......

'Great risk to nations from undermining independence of central bank'

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral V Acharya.......

Budget process set for a makeover

Scrapping Plan and non-Plan classifications necessitates the change The preparation and presentation of the Union Budget are set for a complete overhaul from the next financial year (2017-18).......

Pranab Mukherjee's Budget Speech

Finance Minister Pranab Mukherjee presented the Budget for 2009-10 on July 6. Following is the BudgetSpeechof Finance Minister Pranab Mukherjee: Madam Speaker, I rise to present the Budget for......

Economic survey for tax cuts to boost economy

Ahead of the Budget 2009-10, the economic survey on Thursday suggested tax cuts and increase in government expenditure as part of another stimulus package to help the economy overcome the global......

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