The Centre Thursday released two installments of tax devolution to states worth ?1.16 lakh crore. This is more than the normal monthly devolution of Rs 58,333 crore. The release of two installments is in line with Centre’s commitment to push developmental and capital expenditure by states, the finance ministry said. Source link
NEW DELHI: Around six months before the first lockdown was imposed to stem the spread of the coronavirus, the government took a step that subsequently went on to shield Indian corporates from the COVID crisis, the Reserve Bank of India said. The step in question is the Centre’s decision to slash corporate taxes in September … Read more
Describing the proposed amendments to IAS (Cadre) rules as draconian and intended to promote unilateralism, Jharkhand Chief Minister Hemant Soren on Saturday urged Prime Minister Narendra Modi to “bury” those proposals. The Jharkhand government had received a proposal from the Centre seeking certain amendments in the IAS (Cadre) Rules, 1954 and the state already communicated … Read more
The farmers’ agitation at the Delhi border completed nine months on Thursday. The Samyukt Kisan Morcha (SKM) has started a two-day convention at Singhu border which was inaugurated by farmer leader Rakesh Tikait. Tikait said the peaceful agitation will go on until all their demands were met by the government. Currently, there has been no … Read more
Protesting the Centre’s move to place the “anti-people” Electricity (Amendment) Bill, 2020 in Parliament, West Bengal Chief Minister Mamata Banerjee on Saturday shot a letter to Prime Minister Narendra Modi, urging him to refrain from proceeding with the legislation. She requested the PM “to ensure that a broad-based and transparent dialogue on the subject is … Read more
Congress leader Rahul Gandhi on Wednesday alleged that around 50 lakh Indians died during the second wave of COVID-19 infection due to “wrong decisions” of the Union government. India has officially reported around 4.18 lakh Covid deaths in the country so far. Gandhi shared on his Twitter handle a new study by the Centre for … Read more
After the Union government agreed to borrow Rs 1.10 lakh crore on behalf of states to meet the GST shortfall, Congress leader P Chidambaram said Friday that the Centre has taken the “correct first step” and it should now work to re-establish trust with them. “I welcomed the change of heart,” he tweeted and asked … Read more
NEW DELHI: Certain civil society groups have come under the scrutiny of the Union government for their alleged role in delaying development projects in the Northeast at the behest of Chinese enterprises, officials with knowledge of the matter said. These projects, they said, were related to coal mining, hydropower, water supply, connectivity to enhance tourism … Read more
NEW DELHI: India has gradually ramped-up its testing capacity for COVID-19 and conducted over 4.20 lakh tests in a day, the highest ever, the Union Health Ministry said Saturday, crediting the increase in number of labs for the achievement. India had only one lab for testing samples for the disease in January but it has … Read more