Tag Archive: vijay kelkar

13th Finance Commission of India submits report to President

New Delhi, Dec 30 (ANI): The 13th Finance Commission, headed by former Finance Secretary, Vijay Kelkar, submits its report to President Pratibha Patil on devolution of federal tax receipts between the Central and the State governments.

Kelkar presented the report to Patil at the Rashtrapati [...]

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Two-day Delhi conference to focus on managing volatility and growth

New Delhi, Nov.20 (ANI): As the global energy market grapples with the world economic crisis and continued volatility, and India tries to understand these new dimensions, top energy and economic experts will discuss how to effectively [...]

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Disinvest, use money for green assets: Finance Commission chief (With Images)

New Delhi, Nov 20 (IANS) The government should sell off half its public sector undertakings and use the $200 billion it will thus make to build environmental assets, 13th Finance Commission Chairman Vijay Kelkar said here Friday.

‘India built physical assets by setting up public sector undertakings when that was needed. Now private firms are able [...]

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Include real estate in new tax regime: Finance Commission

Bangalore, Oct 12 (IANS) The 13th Finance Commission, which deals with the sharing of taxes between the central and state governments, sought to bring the burgeoning real estate under the proposed Goods and Services Tax (GST), a top official said Monday.

‘I urge the government to include the construction and housing sectors (real estate) in the [...]

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Goods and services tax to reduce manufacturing cost: Expert

Bangalore, Oct 12 (IANS) The proposed Goods and Services Tax (GST) would reduce manufacturing cost and benefit end-customers, 13th Finance Commission Chairman Vijay Kelkar said here Monday.

‘The new tax regime will reduce prices of manufacturing goods, attract higher investment and create employment due to its rationalisation and simplification of taxes,’ Kelkar told reporters on the [...]

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Centre constitutes GoM to monitor drought situation

New Delhi, Aug 13 (ANI): In view of the severe drought and growing prices of essential commodities, Prime Minister Manmohan Singh has constituted a crisis management group of Ministers (GoM) for monitoring the situation on a day-to-day basis.

The decision was taken after a high level meeting chaired by Singh. Chairman of the 13th Finance [...]

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