Tag: Finance Minister

7th pay commission effect: Now, State employees to get death-cum-retirement gratuity

Bhubaneswar: After implementing the 7th Pay Commission recommendations, the State Government has taken a step forward to appease its employees post retirement as it agreed to provide death-cum-retirement gratuity to employees who were appointed post 2005. Amid speculation over the kind of benefit to employees post retirement, the government has started administrative processing to benefit […]

  • Friday, 23 July 2021
Odisha received 2.3 pc more tax this year due to GST: Finance Minister

Bhubaneswar: The Odisha government’s tax collection amount has increased by 2.3% to Rs 3,735.14 crore this year after implementation of the Goods and Services Tax (GST), informed Finance Minister Sashi Bhusan Behera in the State Assembly. In the pre-GST regime, the State had collected Rs 3,691.28 crore during last year, the minister added. He, however, […]

  • Friday, 23 July 2021
Congress to move privilege motion against Odisha Finance minister

Bhubaneswar: Congress MLA Prafulla Majhi today said that the party will move a privilege motion against Finance Minister Sashi Bhusan Behera for divulging the details of the supplementary budget ahead of the winter session of Odisha Assembly. “If the Finance Minister is disclosing the facts to be presented in the Assembly in public then it […]

  • Friday, 23 July 2021
Odisha says no VAT cut on petrol, diesel till backup plan by Centre 

Bhubaneswar: After rejecting the Centre’s plea to cut VAT on petrol and diesel by 5 per cent last week, the Odisha government on Tuesday said that it can only reconsider its decision if it is assured of an alternative source of income by the Central government. “For Odisha government it is not possible to reduce […]

  • Friday, 23 July 2021
Pratap Deb BJD’s Rajya Sabha nominee, Amat speaker

Bhubaneswar: Chief Minister Naveen Patnaik on Thursday announced party spokesperson Pratap Deb as the party nominee for Rajya Sabha while former Finance Minister Pradip Amat will be the speaker of the State Assembly. Election of Pratap Deb during the RS by-poll on May 25 is a mere formality as BJD has a thumping majority in […]

  • Thursday, 22 July 2021
Odisha to abolish all inter-state check gates from Apr 1: Amat

Bhubaneswar: The Odisha government today decided to abolish all border unified inter-state check gates except one at Nalda from April 1, 2017. The announcement in this regard was made by Finance minister Pradip Kumar Amat in the assembly. The check gate at Nalda bordering Jharkhand will be operated by the Steel and Mines department only for […]

  • Wednesday, 21 July 2021
State Budget to be tabled tmrw; non-planned, planned expenditures abolished

Bhubaneswar: With some changes made in line with the Union Budget such as abolishment of non-planned and planned expenditures, Odisha Finance Minister Pradip Amat is going to present the State Budget for 2017-18 fiscal in the State Assembly on Monday. With a Rs 1,06,000-crore budgetary allocation, the State Budget will have Administrative Expenditure, a rechristened […]

  • Wednesday, 21 July 2021
Will Amat’s 2017-18 budget be populist?

Bhubaneswar: Given the fact that the ruling Biju Janata Dal (BJD) has showed a relatively poor performance in the recently concluded panchayat polls in comparison with its 2012 tally, in a bid to retain the party’s image at grassroots level, Finance minister Pradip Amat in all likelihood will present a people-friendly budget on 27 February. […]

  • Wednesday, 21 July 2021
Jan Dhan accounts
Rs 714 cr deposited in Jan Dhan accounts in Odisha post demonetization

Bhubaneswar: In the post demonetization period since November 9, 2016 till January 25, 2017, as much as Rs 714 cr has been deposited in Jan Dhan accounts in Odisha. As per data furnished by Union Finance minister, Arun Jaitley in Parliament, since the launch of Jan Dhan accounts in August 26, 2017, Rs 1960 crore […]

  • Wednesday, 21 July 2021
Vedanta Entry Tax row: SC ruling in favour of State

Bhubaneswar: The Odisha government is expected to get about Rs 1,500 crore pending entry tax and interest thereon after a nine-judge bench of Supreme Court ordered the State is competent to levy entry tax while hearing the Vedanta entry tax case, said the State’s Finance Minister Pradip Amat today. The division bench of the Supreme […]

  • Tuesday, 20 July 2021
CM meets Arun Jaitley in Delhi; demands CST compensation

New Delhi: Chief Minister Naveen Patnaik met Union Finance Minister Arun Jaitley at his residence in New Delhi today. Patnaik put forth a series of demands before the Union Minister. He urged Jaitley to provide Central Sales Tax (CST) compensation from 2012-13 till current fiscal. Besides, he sought Rs 566 crore compensation from Centre towards […]

  • Tuesday, 20 July 2021
Odisha for 'green tax' on minerals, besides GST

A day after the Goods and Service Tax (GST) Bill was passed in the Rajya Sabha, Odisha’s Finance minister Pradip Amat today said the Centre should allow the States to implement a green tax on minerals and polluting items

  • Tuesday, 20 July 2021
Pradeep Amat, Finance Minister
Assets of 23 chit fund cos confiscated: FinMin

Bhubaneswar: The Economic Offences Wing (EOW) of Odisha Crime Branch, Commissionerate Police and Mayurbhanj police have confiscated movable and immovable assets of 23 Ponzi firms in the state, Finance minister Pradip Amat revealed yesterday. Replying to a written question by senior BJD legislator Prafulla Samal in the Assembly, the Finance minister said the state government […]

  • Monday, 19 July 2021
Inter-ministerial panel meeting today to discuss issues of block grant college teachers

An inter-ministerial committee meeting under chairmanship of Odisha Finance Minister Pradip Amat will be held today to resolve issues of non-government and aided college teachers of 488 and 662 categories

  • Monday, 19 July 2021
Amat tables Rs 94,052.65 cr Budget for 2016-17

Odisha Finance Minister Pradip Amat on Friday presented the annual Budget of Rs 94,052.65 crore for 2016-17 fiscal in the State Assembly

  • Monday, 19 July 2021