Jalan panel on expenditure management to submit report by December

Last Updated: Thursday, May 28, 2015, 15:05

The Expenditure Management Commission set up by the government to suggest ways to rationalise subsidies will submit its final report by December 2015, its Chairman Bimal Jalan said on Thursday.

MAT on FIIs: Govt constitutes Shah panel, Ashok Lahiri named member

Last Updated: Wednesday, May 20, 2015, 23:34

The Finance Ministry also said other tax issues would be also referred to the three-member committee in due course. Renowned chartered accountant Girish Ahuja is the third member of the panel, whose term is one year.

Govt launches NITI Aayog website with blogs section

Last Updated: Monday, May 18, 2015, 08:58

The Aayog has been mandated to serve as a policy think-tank for the central as well as state governments and has Prime Minister as its Chairperson.

Govt to set up expert panel on Companies Act next week: FM Jaitley

Last Updated: Saturday, May 16, 2015, 16:09

After just making a slew of amendments to the 'complicated' Companies Act, government will constitute an expert committee next week to suggest further changes to make it easier to do business.

Parl Panel asks govt to allot captive iron ore blocks to RINL

Last Updated: Wednesday, May 6, 2015, 21:14

A Parliamentary panel "strongly" reiterated its recommendation to the government to allot iron ore blocks to state-run steel major RINL to help it achieve the planned capacity addition of 20 million tonne (MT).

FIPB defers Kotak Mahindra Bank proposal for raising FII limit

Last Updated: Thursday, April 30, 2015, 18:54

An inter-ministerial panel on Thursday deferred Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent.

Panel says RPL "ineligible" for 3 UMPPs, calls for probe

Last Updated: Wednesday, April 29, 2015, 23:05

Calling for a probe into award of three ultra mega power projects to Reliance Power, a Parliamentary panel Wednesday said the Power Ministry selected an "ineligible bidder" for Tilaiya, Sasan and Krishnapatnam projects.

RIL not following PSC be treated as default: Parl panel

Last Updated: Tuesday, April 28, 2015, 18:14

A Parliamentary panel has asked government to treat Reliance Industries not drilling committed number of wells on the flagging KG-D6 gas fields as contractual 'default' and not just failure for taking remedial action.

SFIO 'miserably' failed to develop fraud prediction model

Last Updated: Sunday, April 26, 2015, 12:13

The Serious Fraud Investigation Office (SFIO), under the administrative control of the Corporate Affairs Ministry, was asked to probe 139 cases in the last three years.

'Set up evacuation mechanism, rail infra for 1 bn tonne coal'

Last Updated: Sunday, April 26, 2015, 11:53

"The Committee notes that CIL has set for itself an ambitious plan of one billion tonne coal production by the year 2020," the Standing Committee on Coal and Steel said.

Parl panel questions new GDP data

Last Updated: Friday, April 24, 2015, 20:49

Questioning the credibility of new GDP figures, a Parliamentary panel on Friday said it is not convinced about the figures which are showing a sudden jump in the growth rate of economy.

Don't abandon Dirext Taxes Code: Parl panel to Govt

Last Updated: Friday, April 24, 2015, 19:18

Asking the government not to abandon the Direct Taxes Code (DTC), a Parliamentary panel on Friday said this new law needs to be enacted to replace the existing Income Tax Act, which it said was "very cumbersome" and prone to avoidable litigation.