There are "101 counts" on which GST bill should be sent to Parl panel: Moily

Last Updated: Tuesday, May 5, 2015, 22:51

Congress leader Veerappa Moily Tuesday said the Goods and Services Tax (GST) Bill was "revolutionary" but insisted there are "101 counts" on which it should be sent to Parliamentary Standing Committee for wider consultations of some of its provisions.

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.

Chandy to discuss Kasturirangan report with Moily

Last Updated: Thursday, January 30, 2014, 20:20

Asserting that farmers` rights would be protected, Kerala Chief Minister Oommen Chandy Thursday said he would leave for Delhi tomorrow to discuss the Kasturirangan report on Western Ghats conservation with Environment Minister Veerappa Moily.

LPG cap hiked from 9 to 12; Aadhar-linked subsidy scheme suspended

Last Updated: Thursday, January 30, 2014, 18:10

Oil Minister M Veerappa Moily said raising the quota of subsidised LPG to 12 cylinders from nine at present, will cost Rs 5,000 crore in additional subsidy annually.

Subsidised LPG cylinder cap hiked from 9 to 12 per yr; effective from April

Last Updated: Thursday, January 30, 2014, 15:53

Bowing to party pressure, the government Thursday raised the quota of subsidised LPG to 12 cylinders per household in a year from nine at present and also put on hold paying users the subsidy into bank accounts using Aadhaar platform.

Cabinet may consider raising LPG cylinder cap to 12 Thursday

Last Updated: Thursday, January 30, 2014, 08:58

The Cabinet Committee on Economic Affairs may consider raising the quota of subsidised LPG cylinder from nine to 12 per household at a meeting on Thursday.

Cabinet note on capping subsidy share of upstream oil cos soon

Last Updated: Friday, January 24, 2014, 16:44

Ministry of Petroleum and Natural Gas will go to the Cabinet soon seeking a minimum USD 65 per barrel price for state oil and gas explorers like ONGC.

Veerappa Moily blames Modi for 2002 Gujarat `Genocide`

Last Updated: Friday, January 24, 2014, 13:32

Union Petroleum and Natural Gas Minister, Dr. Veerappa Moily said that prime ministerial candidate of Bharatiya Janata Party (BJP), Narendra Modi, had deliberately shielded the 2002 `genocide` in Gujarat.

Kelkar says no incentive to RIL to gold plate or under-produce

Last Updated: Thursday, January 23, 2014, 17:49

In a validation of Reliance Industries' stand, an expert committee led by former finance secretary Vijay Kelkar has said that there is little incentive for oil and gas explorers to 'gold plate' costs or wilfully under produce.

LPG connection portability extended to 480 districts

Last Updated: Wednesday, January 22, 2014, 20:55

LPG connection portability will be available in 480 districts, an official statement said here.

Oil Ministry split on extra time for RIL to validate gas finds

Last Updated: Wednesday, January 22, 2014, 17:55

The Petroleum Ministry is split down the middle on allowing Reliance Industries extra time to validate five natural gas discoveries worth USD 10 billion.

Cabinet may consider raising LPG cylinder cap this week: Moily

Last Updated: Tuesday, January 21, 2014, 17:41

Moily said 89.2 percent of the 15 crore LPG consumers use up to nine cylinders in a year and only 10 percent have to buy the additional requirement at the market price.