.

No proposal to hike annual limit under MPLAD scheme for MPs: MOSPI

New Delhi, Mar 23 (PTI) The government is not considering any proposal to hike the annual limit for MPs under the Member of Parliament Local Area Development (MPLAD) scheme, which was last revised in 2011-12, Parliament was informed on Wednesday."The annual limit of MPLAD funds was last revised with effect from the Financial Year 2011-12," [...]

Rishi Sunak to set out UK’s Spring Budget amid high inflation

London, Mar 23 (PTI) Chancellor of the Exchequer Rishi Sunak is set to table the UK's Spring Statement, or the country's one of two annual fiscal statements, on Wednesday amid high inflation and price rises. The Indian-origin finance minister has promised a Budget which builds a “stronger, more secure economy” and also supports working families [...]

Parl panel suggests setting up institutes of accounting

New Delhi, Mar 23 (PTI) A Parliamentary panel on Wednesday suggested setting up of institutes of accounting similar to IITs and IIMs for further development of the accounting and finance profession in the country.Multiple bodies on the lines of advanced countries are required to promote healthy competition, raise the standard and quality of auditing and [...]