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Govt should speed up divestment process: Kelkar20-NOV-09
The government should speed up the disinvestment process to generate funds for meeting the new needs such as environment protection, 13th Finance Commission Chairman Vijay Kelkar today said.
13th Finance Commission report by Dec 31: Kelkar20-NOV-09
The 13th Finance Commission would submit its report containing recommendations mainly on the sharing of taxes between the Centre and the states to the President of India by the end of the year, its Chairman Vijay Kelkar said today.
GST will help increase employment: Kelkar13-OCT-09
The Goods and Services Tax (GST), which is proposed to be implemented from April 1, 2010, will help increase employment in the manufacturing sector and also reduce prices of manufactured products, said Finance Commission Chairman Vijay Kelkar.
Compensation to states on GST implementation may be considered12-OCT-09
Thirteenth Finance Commission Chairman Vijay Kelkar said today the Commission is willing to consider giving compensation to states that stand to lose out on revenues after the implementation of the proposed Goods and Services Tax (GST) from April 1, 2010.      "It is possible that some states may want assurances that existing revenues will be protected when they implement GST," Kelkar said in an address at the FICCI National Executive Committee Meeting here
Newsmaker: V K Bhalla02-OCT-09
The former Indian Airlines pilot won a good deal for colleagues protesting a pay cut; but others question whether the victory was good for the airline.
Stock limit on pulses, sugar extended18-SEP-09
The Union Cabinet today extended by one year the limits on the quantity of rice, sugar, pulses and cooking oils traders can hold to prevent hoarding as the prices of essential food items are on a spiral following an erratic monsoon.
CDA plans noiseless boats in Chilika03-SEP-09
Ahmedabad-based National Innovation Foundation (NIF) under the Department of Science and Technology of the Government of India has agreed to provide the technical know-how to the innovators to redesign their boats to operate in the lake.
Finance panel chairman for gas pricing freedom24-AUG-09
Companies like state-run Oil and Natural Gas Corporation and Reliance Industries should be given freedom to fix natural gas prices that move in tandem with changes in international crude oil prices, Finance Commission Chairman Vijay Kelkar has said.
The best vs the good06-JUL-09
A good deal of interest in the Budget that will be presented to Parliament later today, will be focused on what exactly the finance minister says with regard to the implementation of the goods and services tax (GST). P Chidambaram, when he was finance minister, had promised that the new, integrated tax would be introduced by April 1, 2010—a deadline that faces many challenges because of inadequate preparatory work.
Panel willing to compensate states on GST loss30-JUN-09
Wants to bring realty, rlys and construction under tax ambit.
Tamil Nadu seeks Rs 25,893cr grant05-JUN-09
Tamil Nadu chief minister M Karunanidhi has sought a Rs 25,893 crore grant from the Finance Commission for various projects.
Badal demands special industry package for Punjab05-DEC-08
Punjab Chief Minister Parkash Singh Badal today urged the Thirteenth Finance Commission to grant a “special agriculture and industry package” in view of the state’s contribution to
Kelkar to head 13th Finance Commission14-NOV-07
Former finance secretary Vijay Kelkar will be the chairman of the 13th Finance Commission, a constitutional body which makes recommendations on the distribution of central tax proceeds between the
Kelkar panel fails to cheer sugar industry04-SEP-07
The setting up of a committee to prepare a roadmap for the cash-strapped sugar industry is unlikely to bring any cheer to it. While the farmers will start bringing their sugarcane to the mills for
Percy Mistry: Of discourse, garlands and brickbats03-JUL-07
Just 5 per cent of the comments on the report have actually taken issue with it.
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