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PARLIAMENTARY COMMITTEE ON FINANCE
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
BRICS leaders recognise women as decision makers, growth driversAt the recent BRICS summit, leaders universally acknowledged the transformative power women wield in economics and social dynamics. They st...
Parliamentary panel flags compliance glitches on new income tax act, seeks more data from CBDTA parliamentary committee has identified compliance issues with the new Income Tax Act. They are seeking detailed data from the CBDT on its...
Direct Tax Reforms: Parliamentary panel to meet tomorrow to discuss simplifying taxesA parliamentary committee will meet on September 3 to discuss direct tax reforms. The meeting will focus on simplification, rationalization...
Bill to provide statutory framework to Indian Statistical Institute referred to parliamentary panelThe Indian Statistical Institute is set to receive a legislative upgrade as a bill has been dispatched to a parliamentary committee. This i...
Guest and temporary teachers: How to build financial security with job uncertaintyThough the integration of temporary faculty reduces the teaching burden for the university’s permanent staff, the former often get the shor...
MeitY eyes R&D guidelines rejig for capital efficiency, industry linksThe move comes after the parliamentary standing committee on communications & information technology has repeatedly prodded the Ministry to...
Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plansAs the 2027-28 Union Budget approaches, central ministries are tasked with crafting practical fiscal estimates. The Finance Ministry emphas...
Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positionsA parliamentary committee highlighted a significant 43 percent vacancy rate within DIPAM. This shortage severely impacts the department's a...
Parliamentary panel seeks penalties for banks hosting multiple mule accountsA parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...
UPI costs Rs 20,700 crore, government allocation just Rs 2,000 crore: Parliament PanelA parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...
Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversionA parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolv...
Government proposes 40% hike in SC/ST atrocity compensation to up to Rs 12 lakhThe government plans a substantial compensation hike for atrocity victims under the SC/ST Act. Financial assistance will also be provided t...
Parliament Watch: National child survey, Bankers' Evidence Bill and NPS updateA national child survey is underway to detail informal sector workers and street children. The Rajya Sabha approved the Bankers' Books Evid...
Finance panel calls for AI checks for tax refundsA parliamentary committee has identified a concerning surge in income tax refunds that are taking too long to process. To expedite genuine ...
Free coaching scheme for SC/OBC students falters as panel flags shrinking budgets, missed targets over three yearsA parliamentary panel expressed concern over the poor implementation of a free coaching scheme. Financial and physical targets for underpri...
Parlimentary panel asks revenue dept to conduct 'ground reality' check on physical check-postsIn a recent development, a parliamentary committee has pressed the revenue department to assess the impact of unauthorized check-posts that...