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Web Excl: Analysis of Report Card on implementation of Kelkar Committee04-JUL-09
The Report of the Task Force on the Implementation of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003 (‘the Second Committee Report’) was presented in July 2004 and is popularly known as the Kelkar Committee Report. It aimed at reducing fiscal deficits within the country.
Core banking is good news for exporters07-JUL-08
 Exporters have good news. Customs will remit their drawback claims, in respect of exports from EDI (Electronic Data Interchange)-enabled customs stations, for credit in their core banking-enabled' bank account with any bank branch in the country.
Tax sops to SEZs: Storm in a teacup?16-OCT-06
Lately, policy-makers and corporate bigwigs have been at the helm of hullabaloo in the wake of an evolving law and controversies surrounding it. This pertains to Special Economic Zones, a concept
Goods and service tax may be at 20%11-JUL-06
Kelkar, Shome panels' recommendations may be left out.
Ajai Shukla: Bringing the private sector into defence11-APR-06
The allocation of Rs 89,000 crore to defence in this years Budgetalmost 9 per cent more than last years revised estimateswas passed without question in Parliament. At first glance, it seems the
Sukumar Mukhopadhyay: Budget tips for simplifying Cenvat18-FEB-06
The new Cenvat rules continue to be restrictive and the rigid definitions adopted make the rules complicated and will lead to a lot of litigation in the future.
Ficci suggests ways to improve tax-GDP ratio23-JAN-06
Terming Indias tax-GDP ratio low, the Federation of Indian Chambers of Commerce and Industry (Ficci) has urged the government to implement the recommendations of the Kelkar Committee, Parthasarthi
Budget 2007 to simplify FBT, widen tax base18-NOV-05
The government planned to focus on increasing the tax base to generate resources for developmental needs in next years Budget, a finance ministry official said today. He added that the ministry was
Aircraft acquisition proposal by year-end05-SEP-05
The government would finalise the proposal to purchase 126 aircraft by the year-end, Defence Minister Pranab Mukherjee said in Mumbai today.
Centre to attain 70 per cent self-reliance in defence by 202027-AUG-05
The government of India is targeting to attain 70 per cent self-reliance in defence by 2020, according to Sheela Bhide, financial adviser (acquisition), defence. The central government, is, therefore,
Kelkar`s defence report in August13-JUL-05
The second part of the report by the Vijay Kelkar committee, set up by the ministry of defence, government of India (GoI) to review defence-industry linkage, is expected to be submitted by August.
Fapcci hails Aperc's revised tariff25-MAR-05
The Federation of Andhra Pradesh Chambers of Commerce and Industry (Fapcci) has welcomed Andhra Pradesh Electricity Regulatory Commission (Aperc)s announcement to reduce industrial tariff from Rs 3.5
Disposable income to rise: Motilal Oswal01-MAR-05
The Budget is growth oriented and impacts all sections, including women, students and minorities. There is also a commitment to a better financial discipline and reining in revenue deficit.
Pension plan tax benefit may be doubled to Rs 2000025-FEB-05
The Union budget for 2005-06 is likely to double the tax benefit available under Section 80 CCC(i) to Rs 20,000 for investments made under pension plans.
Fitch sees credible fiscal consolidation in Budget22-FEB-05
International rating agency, Fitch Ratings, today said it expects Indias 2005-06 Budget to implement a credible fiscal consolidation process to hasten its graduation to investment grade rating.
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