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The Latest Breaking News from Finance

Next government must urgently fix ‘unnecessarily complex’, counter-productive GST: 13th Finance Commission chair

Vijay Kelkar says urgent reforms needed in India's complex GST regime, advocating for a single 12% tax rate and revenue sharing.

The Hindu

HDI and SDG indices of A.P. plummeted due to flawed policies of YSRCP, says Yanamala

Former Finance Minister Yanamala Ramakrishnudu criticizes Andhra Pradesh's declining development indices, high debt, and job loss under YSRCP government.

The Hindu

‘Plan B’ is about organising the people, moving apex court for State’s rights: K. N. Balagopal

By ‘Plan B,’ the State government meant organising the people and approaching the highest judicial body in the country for the State’s rights, Finance Minister K. N. Balagopal remarked on Monday.

The Hindu

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SC decision to refer case to Constitution Bench a ‘positive’ step: Balagopal

Finance Minister K. N. Balagopal on Monday described as “positive” the Supreme Court decision to refer the State government’s suit on its borrowing limit to the Constitution Bench.

The Hindu

Corrections and Clarifications — April 1, 2024

Corrections and Clarifications from the Readers’ Editor’s office

The Hindu

Efficient management helped Kerala overcome fiscal pressures, says K.N. Balagopal

Kerala's efficient financial management and revenue increase helped withstand fiscal pressures in 2023-24, says Finance Minister Balagopal.

The Hindu

Lok Sabha 2024: BJP announces Election Manifesto Committee; Raksha Mantri Rajnath Singh its Chairperson

Finance Minister Nirmala Sitharaman will be the convener of the election manifesto panel, while her cabinet colleague and Trade Minister Piyush Goyal the co-convener. Read further on Dynamite News:

Dynamite News

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ED issues fresh summons to Thomas Isaac

ED summons former Finance Minister T.M. Thomas Isaac in Kochi for investigation into KIIFB masala bonds issue.

The Hindu

No surplus in sight as New Zealand outlook worsens

New Zealand Finance Minister Nicola Willis has pledged to deliver income tax cuts in the May 30 budget even as the government books worsen.

AAP

Probe into masala bond delayed due to non-cooperation of Thomas Isaac, ED tells HC

Kerala High Court informed of delays in FEMA violations investigation due to former Finance Minister's non-cooperation.

The Hindu

Possible breakthrough for Majura Valley farmers after two-decade standoff

Farmers could be put on a lease for the first time in 20 years.

The Canberra Times

India’s voters deserve a bond — of probity

A reasonable way forward in political party funding can only be found through a well-meaning parliamentary consultative process and not through court fiats, or laws and policies crafted in secret

The Hindu

Rajiv Kumar | A bureaucrat for all seasons

Chief Election Commissioner Rajiv Kumar's career, including abrupt resignations and political differences, leading to his current position.

The Hindu

Govt. allocates ₹130 crore for LIFE housing project

The Finance department has allocated ₹130 crore more for the State government’s LIFE housing project.

The Hindu

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The Hindu

Huge assumption to link ED raids with electoral bond purchases, says Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman defends electoral bonds, suggesting they may have been donated to regional parties, not just ruling party.

Roll Call

Senate Democrats seek to maneuver tax deal to the floor - Roll Call

Some Senate Democrats are pushing to bring a House-passed $79 billion tax package to the floor without changes.

The Hindu

Water conservation a prime concern: Balagopal

Finance Minister emphasizes importance of protecting water resources, government allocates funds for conservation projects in Kollam.

The Hindu

Kerala’s stand on financial crisis gaining acceptance: K.N. Balagopal

Kerala Finance Minister optimistic about financial standoff resolution with Centre, Supreme Court urged Centre to consider one-time package.

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The Hindu

Maharaja’s College emerges overall champions

Kerala will be made a hub of higher education, Finance Minister K. N. Balagopal said here on Sunday. He was inaugurating the valedictory event of the first arts festival of Sreenarayanaguru Open University.

The Hindu

Credibility of cooperative sector increasing: Balagopal

Finance Minister K.N. Balagopal said that the credibility of Kerala’s cooperative sector is increasing.

The Hindu

First phase of new Tamirabharani combined drinking water scheme inaugurated

Minister for Municipal Administration K.N. Nehru, Revenue Minister K.K.S.S.R. Ramachandran, and Finance Minister Thangam Thennarasu, on Saturday inaugurated the first phase of Tamirabharani Combined Drinking Water project for Arupukottai, Virudhunagar, and Sattur towns

The Hindu

Finance department approval for road development schemes in Kozhikode and Kollam

Finance department approves ₹1,312.7-crore road development project in Kozhikode and ₹436.15-crore land acquisition scheme in Kollam.

The Hindu

ED insists on questioning Isaac in masala bond case

Kerala High Court questions former Finance Minister T.M. Thomas Isaac's absence from ED summons regarding masala bond probe.

The Hindu

Stalemate over GST, royalty waiver for Kundannur-Angamaly bypass continues

NHAI faces delays in Kochi Bypass project due to pending GST and royalty waiver, risking cost escalation.

The Hindu

K.N. Balagopal hails SC decision allowing Kerala to borrow ₹13,600 crore despite Centre’s objections

Kerala Finance Minister K.N. Balagopal hails Supreme Court's decision allowing Kerala to borrow ₹13,600 crores as massive relief for the State.

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Yanamala Ramakrishnudu

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