Civil Aviation Ministry opposes hike in service tax

Last Updated: Thursday, April 26, 2012, 16:41

Civil Aviation Ministry is learnt to have strongly opposed the budget proposal imposing a four-time hike in service tax on air travel, terming it a retrograde step that would hit fliers and airlines very hard.

`Budgetary exercise to be completed by May 8`

Last Updated: Monday, April 23, 2012, 16:30

Trinamool Congress chief Mamata Banerjee`s ultimatum notwithstanding, government Monday expressed confidence that her party will be on board to ensure passage of the Budget and the Finance Bill for 2012-13 by May 8.

Clarification on GAAR after approval of Finance Bill: Fin Min

Last Updated: Wednesday, April 4, 2012, 21:09

Assuring foreign institutional investors (FIIs) that their concerns on taxation of short-term capital gains will be taken on board, the government on Wednesday said clarifications will be issued on the anti-tax avoidance rules, GAAR, once the Finance Bill is approved by Parliament.

MFI sector needs regulation: Kidwai

Last Updated: Sunday, November 20, 2011, 21:39

Pitching for early enactment of the Micro Finance Bill, HSBC India Chief Naina Lal Kidwai has said the MFI sector has huge potential but needs regulations for growth.

Govt likely to introduce Micro-Finance Bill in Winter Session

Last Updated: Thursday, November 3, 2011, 15:12

The government is likely to introduce a Bill that seeks to make it mandatory for all micro-finance institutions to be registered with the Reserve Bank of India and entrusts the task of regulating the sector to the central bank in the Winter Session of Parliament.

NDA boycotts Finance Bill

Last Updated: Tuesday, March 22, 2011, 20:10

BJP-led NDA boycotted the debate on Finance Bill in the Lok Sabha following differences with the government over the timing of taking up a discussion over Prime Minister Manmohan Singh`s statement on cash-for-votes scam.

Irish election likely late February after deal

Last Updated: Tuesday, January 25, 2011, 10:24

Irish PM was earlier forced into calling a general election for March 11.

Govt using CBI to rope in support on Finance Bill: JD(U) chief

Last Updated: Tuesday, April 27, 2010, 18:57

With BSP throwing its weight behind UPA on the cut motion against the Finance Bill, JD(U) on Tuesday accused the government of misusing CBI to rope in parties in its favour on the issue.

Congress issues whip to Lok Sabha MPs

Last Updated: Monday, April 19, 2010, 12:07

In a bid to ensure that the Finance Bill is passed without any hitch, the Congress has issued a whip to all its MPs to be present for seven days of the Lok Sabha proceedings starting April 20.

NCP MLAs to abstain from voting for finance bill in Goa

Last Updated: Saturday, March 20, 2010, 21:52

Deepening the political crisis in Goa, State NCP on Saturday authorised its legislators to abstain from voting on the finance bill to be presented in the assembly to protest Congress ministers` remarks against the party.