Bill to revise airlines' liability introduced in Lok Sabha

Last Updated: Friday, August 7, 2015, 17:38

The Carriage by Air (Amendment) Bill, 2015, introduced by Civil Aviation Minister Ashok Gajapathi Raju, would enable the government to revise the liability limits of air carriers in line with the Montreal Convention, which was acceded to by India in May 2009.

Arun Jaitley regrets delay in GST rollout

Last Updated: Wednesday, August 5, 2015, 22:02

Citing slowdown in China, Finance Minister Arun Jaitley Wednesday said India has a chance to become a global manufacturing hub but regretted that Congress was not allowing GST rollout which alone could push GDP by 1 to 2 percent.

Bill Gates to invest $1 bn of own money in clean energy

Last Updated: Tuesday, August 4, 2015, 23:21

The philanthropist Bill Gates is investing USD 1 billion of his own money in clean energy technology over the next five years as he believes that many breakthroughs will take place during the period that will help solve climate change.

Parliamentary logjam holding up GST, other key bills: CII

Last Updated: Tuesday, August 4, 2015, 17:01

Continued logjam in Parliament is delaying passage of key Bills like GST, which are crucial for economic growth, industry body CII said Tuesday.

Govt examining proposal to raise Rs 40K cr via bonds from LIC

Last Updated: Tuesday, August 4, 2015, 16:16

Faced with severe shortage of funds to meet the food subsidy bill, the government today said it is examining a proposal to raise Rs 40,000 crore via long-term bonds from LIC to liquidate the subsidy arrears.

GST a Congress Bill, party's negativism hurting economy: Arun Jaitley

Last Updated: Sunday, August 2, 2015, 14:39

Racing against time to get the GST bill cleared from Parliament, Finance Minister Arun Jaitley Sunday attacked the Congress for blocking the legislation that it had itself brought in and said 'obstructionist' tendencies and negativism were hurting the country and its economy.

Black money abroad declaration form can be filed online

Last Updated: Saturday, August 1, 2015, 00:33

The government has notified the form for declaring income and assets abroad as well rules for their calculation under the Undisclosed Foreign Income and Assets Bill and these can also be filed online, parliament was told on Friday.

Parl panel recommends pro-buyer measures in Real Estate Bill

Last Updated: Thursday, July 30, 2015, 22:40

A Parliamentary Committee on Thursday recommended a slew of measures favouring property buyers, which include a three-year jail term or a fine for a defaulting builder under a new law which will now cover projects of 500 sqm or eight flats.

Reasonable rates are key to success of GST: Government

Last Updated: Thursday, July 30, 2015, 15:50

As union cabinet approved changes to the GST Bill suggested by a Rajya Sabha committee, the government on Thursday said it is currently working on the rates to be implemented for the proposed reforms to India`s indirect tax regime.

'Gates Foundation world's wealthiest private charitable organisation'

Last Updated: Thursday, July 30, 2015, 14:59

With total assets of USD 43.4 billion, the Gates Foundation accounts for more than half of the combined assets of the 10 charitable foundations on the list.

FinMin working for a reasonable GST rate: Revenue Secy

Last Updated: Thursday, July 30, 2015, 11:20

A day after Cabinet approved incorporation of changes in the landmark GST Bill as suggested a Rajya Sabha Select panel, Finance Ministry Thursday said it is working closely on a "reasonable" GST rate.

Govt clears GST amendments, states to be compensated for 5 years

Last Updated: Wednesday, July 29, 2015, 20:55

The Cabinet decided that the modalities for levy of 1 percent tax over and above the GST rate by states as well as the 'band' rate would be finalised while framing the rules, sources said.