A little reshuffle in Union Cabinet formed and after Pranabh Mukherjee whose post had been temporarily holds by PM Manmohan Singh, now P Chidambaram is India’s new Finance Minister, will take country’s Financial challenges.
The Home Ministry is shift to Sushilkumar Shinde and his portfolio as Power Minister will handle to Veerappa Moily, Corporate Affairs Minister. Read more
In yet, much confusion has been made over the 2G spectrum pricing. It has added more while yesterday after opposing by the Finance Ministry, the CCEA’s pass the proposal from the Department of Telecom (DoT) to the Empowered Group of Ministers (EGoM). matter on to the EGoM.
However, it is good for Telecom companies that there will be a plan to levy a one-time fee on them for holding second generation (2G) spectrum. Read more
Once again legal battle is likely to be start between Vodafone and the govt. over the Supreme Court’s verdict in favour of Vodafone.
Two controversial facts came into existence that whether Supreme Court’s judgment would help the govt. to store its refund or it would exempt Vodafone from reverse tax amendment.
As the Union Budget 2012-13 presented in Parliament, proposing tax amendments, the Finance Minister Pranabh Mukherjee held a meeting on Sunday with the Minister of State, Mr Namo Narain Meena, at a post-Budget with industry associations. Read more
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