Government misses disinvestment targetIn 2012-13 fiscal, the government had raised Rs 23,956 crore, against the target of Rs 30,000 crore. In the current fiscal, it has so far r...
Government raises Rs 5,094 cr via PSU stake sale in FY'14 so farIn 2012-13 fiscal, the government had raised Rs 23,956 crore, against the target of Rs 30,000 crore.
Efforts on to address concern in tax treaty with MauritiusGovernment today said efforts are being made to find mutually acceptable solution to address India's concerns while revising the tax treaty...
Corporates owe over Rs 2.46 lakh cr in taxes: GovtCorporate houses owe a staggering Rs 2,46,416 crore in taxes and the I-T department has devised a strategy to recover them, Parliament was ...
Government trying to meet divestment target: SeelamUnlikely to meet the ambitious disinvestment target, the govt is counting on higher dividends from PSUs and banks to keep its fiscal defici...
Govt to raise Rs 2,000 cr from NHPC disinvestmentGovernment expects to raise about Rs 2,000 crore through disinvestment of state-run hydro power producer NHPC, Parliament was informed toda...
Increase in gold smuggling due to hike in import dutyThe Finance Ministry has said incidence of gold smuggling has increased due to hike in import duty and fluctuation in global prices.
FinMin asks financial institutions to provide more credit to farmers"We have requested the finance institutions to take advantage of good monsoon so that more and more farmers could be given credit... ," See...
Efforts on to pass Insurance Laws (Amendment) Bill in winter session: JD SeelamGovt will make all efforts to pass Insurance Laws (Amendment) Bill in ongoing winter session of Parliament, Minister of State for Finance J...
Semandhra Minister seeks Jaipal Reddy's support on Hyderabad issueThe meeting between J D Seelam and Reddy comes as Seemandhra ministers mounted pressure on GoM to give Union Territory status to Hyderabad.
Govt stresses need on voluntary tax compliance"Govt believes in a non-adversarial tax regime. So there is a need for greater voluntary tax compliance," Minister of State for Finance (Re...
GST bill likely to be taken up in winter session"The Standing Committee on Finance has made certain recommendations. We received them on August 7. We are processing it."
Income Tax Department has begun enquiry into firms running from tax havens"Income Tax authorities have started enquiries into the matter," Minister of State for Finance Jesudasu Seelam said in a written reply to R...
Protests in RS over Telangana for second dayAfter some members from treasury benches tried to placate Reddy & Seelam, Ambika Soni also advised the Minister to not indulge in a spat.
Why bureaucrats are increasingly leaving their jobs to join politicsA shining example of the tribe is Yashwant Sinha. Sinha says his political journey was incidental. It began in 1967, but took 17 years to f...
6 per cent growth likely this year: Jesudasu SeelamThe finance ministry today said the worst is over and the country would register a growth of 6 per cent this financial year.
- Sresta helps farmers switch to organic farming
Sresta Natural Bio-Products, started not just because of the entrepreneur within but because of interest in the larger good for society.