Search Results for: P. Chidambaram

Fiscal deficit will be contained at 4.8 % of GDP: Chidambaram

New Delhi, Jan 16 (ANI): India's fiscal deficit will be contained at 4.8 percent of the Gross Domestic Product (GDP) in the current fiscal year ending March, said finance minister, P Chidambaram, hinting at possible cuts in government spending. The finance minister expressed his "unflinching commitment" to contain the fiscal deficit, at a time when the deficit in the first eight months of the fiscal year has touched 93.9 percent of the full-year target. Meanwhile, the minister attributed the decline in growth to global factors and said he was confident that Indian economy would soon recover and show high growth in next three years.

Jan 16, 2014

Subramanian Swamy supports Ramdev's no tax suggestion

New Delhi, Jan 05 (ANI): A day after Yoga guru Baba Ramdev said that there should be no taxes except for bank transaction tax in the nation, BJP leader Subramanian Swamy supported the same and said that he advocate the same policy to be brought about in the country. He said that all the unnecessary taxes are the result of the crooked brain of P Chidambaram. Though, he also said that there is political implication in bringing transaction taxes in practice.

Jan 5, 2014

Presidential reference against AK Ganguly approved: P Chidambaram

New Delhi, Jan 03 (ANI): Finance Minister P Chidambaram said that the Cabinet had approved the proposal of sending a presidential reference to remove former justice AK Ganguly from the post of chairman of West Bengal Human Rights Commission. Ganguly is accused of sexually harassing a 22-year-old law intern, with a new damaging charge emerging that he had accepted the hospitality of a Pakistani national without permission. While addressing a news conference in New Delhi, Chidambaram said that the union cabinet had granted the proposal of the Interior Ministry to send a reference for inquiry into the allegations against the retired Supreme Court judge.

Jan 3, 2014

Now Chidambaram wants Cong to name its PM candidate, Politicos react

New Delhi/Lucknow, Dec 31 (ANI): Even as Union Finance Minister P Chidambaram called for the Congress to name the party's prime ministerial candidate for 2014 Lok Sabha elections, politicos on Tuesday reacted to the same.

Dec 31, 2013

finance-minister-palaniappan-chidambaram-speaks-during-an-interview-with-reuters-in-new-delhi-october-7-2013

2014 Elections: After Kapil Sibal, Chidambaram Rubbishes Modi's Blog on 2002 Riots

After Union Law Minister Kapil Sibal, Finance Minister P Chidambaram has downplayed the 'crippling blow' Gujarat CM Narendra Modi felt during the communal riots of 2002. Modi spoke about the riots in a latest blogpost.

Dec 30, 2013

India better prepared to deal with US Federal Reserve tapering: Chidambaram

New Delhi, Dec 19 (ANI): Union Finance Minister P Chidambaram on Thursday said India is better prepared now to deal with the consequences of a mild tapering by the US Federal Reserve than it was earlier this year.

Dec 19, 2013

Congress in disarray over general election due by May

Mumbai, Dec 14 (ANI): Finance Minister P Chidambaram on Saturday said he is not sure of a ‘solid majority in the Parliament’ in the general elections after the ruling Congress suffered a bruising defeat in state assembly polls in four key states. Chidambaram was speaking in a panel discussion at 20th anniversary of National Stock Exchange (NSE) (December 14) in India’s commercial capital, Mumbai.

Dec 14, 2013

Homosexuality unethical and against Indian culture: SP

New Delhi, Dec 12 (ANI): After political leaders like Sonia Gandhi, Kapil Sibal and P Chidambaram came against the SC's order on Section 377, Samajwadi Party leader Ramgopal Yadav said that he supports the apex court's ruling. He said that homosexuality is totally unethical, immoral and against Indian culture.

Dec 12, 2013

Happy that leaders concerned about SC's wrong decision on gay rights: Anand Grover

New Delhi, Dec 12 (ANI): After union leaders like Kapil Sibal and P Chidambaram expressed concern over re-criminalizing gay sex and upholding the constitutional validity of Section 377 of IPC by the Supreme Court, Senior Advocate Anand Grover expressed happiness about the same. He said that SC's duty is to look after the rights of people, but in this case, the SC has curbed people's rights. Grover said that the central government should pressurize to review the apex court's verdict.

Dec 12, 2013

Financial sector reforms can be game changers: Chidambaram

New Delhi, Dec 11 (ANI): Union Finance Minister, P Chidambaram on Wednesday said that financial sector reforms could be game changers for the ailing economy. The gross domestic product (GDP) expanded 4.6 percent year-on-year, only two basis points above the previous quarter, which was the lowest in four years. The minister listed major reforms bill, which needed parliament approval. Without directly blaming opposition parties, Chidambaram also said that consensus was stymied by political opportunism.

Dec 11, 2013

Chidambaram cautions tax evaders, offers last chance

Bangalore, Dec 04 (ANI): Union Finance Minister P Chidambaram offered one last opportunity to tax evaders to come clean and pay taxes as early as possible, during a press conference in Bangalore on Wednesday. Meanwhile, he also discussed about the Voluntary Compliance Encouragement Scheme (VCES) which was announced during the country’s financial budget of 2013-14. He also emphasized that people should make most of the government’s generosity in such schemes.

Dec 4, 2013

Chidambaram obviously needs lessons in Hindi: BJP

New Delhi, Dec 01 (ANI): The BJP on Sunday ridiculed Union Finance Minister, P Chidambaram for taking a sarcastic jibe at Bharatiya Janata Party (BJP) prime ministerial candidate Narendra Modi for delivering a lesson in economics saying the Minister himself needed a lesson in hindi.

Dec 1, 2013

After history lessons, Modi has delivered his first lesson in economics: Chidambaram

New Delhi, Nov 30 (ANI): Taking a sarcastic jibe at Bharatiya Janata Party’s prime ministerial candidate Narendra Modi for saying that the finance minister of the country attributes inflation to the buying of gold, P Chidambaram on Saturday said the nation has already received history lessons from the Gujarat chief minister, and was now being given the first lesson in economics by the latter.

Nov 30, 2013

P Chidambaram calls for stern action against service tax evaders

Kolkata, Nov 27 (ANI): Finance Minister P Chidambaram called for stern action against service tax evaders as the country’s tax scheme had met with poor response. Addressing an awareness camp on Voluntary Compliance Encouragement Scheme (VCES) in Kolkata on Tuesday, Chidambaram warned the defaulters to pay their taxes or else be ready to face legal action. The finance minister highlighted that the service tax amnesty scheme launched by his ministry has sought poor response so far. He revealed that thirteen chronic tax evaders have been arrested so far and the defaulters should not ignore the warning.

Nov 27, 2013

Arvind Kejriwal Says IRS Letter Sent Under Chidambaram's Pressure [VIDEO]

Aam Aadmi Party convener Arvind Kejriwal has shot back at rival Congress, blaming the party for forcing the Indian Revenue Service (IRS) Association to write a letter that contradicted Kejriwal's claim to have served as an Income Tax Commissioner.

Nov 23, 2013

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