Finance minister proposes panel to look into issues related to govt employees' pension
New Delhi (PTI): Finance minister Nirmala Sitharaman on Friday proposed setting up of a committee to look into the issues related to pension for government employees and evolve an approach to address the need of employees while maintaining fiscal prudence.
While moving the Finance Bill 2023 in the Lok Sabha for consideration and passage, the minister also said the RBI will look into the issues related to credit cards payments for foreign tours not being captured under Liberalised Remittances Scheme (LRS).
Representations have been received that the national pension system for government employees needs to be improved, Sitharaman said.
"I propose to set up a committee under the finance secretary to look into this issue of pension and evolve an approach which addresses the need of employees while maintaining fiscal prudence to protect the common citizens. The approach will be designed for adoption by both central and state governments," the minister said.
The minister further said it has come to notice that payment for foreign tours through credit cards are not being captured under LRS and such payments escape tax collection at source.
"RBI is being requested to look into this with a view to bring credit card payments for foreign tours within the ambit of LRS and tax collection at source there on," she announced.
Several opposition members were in the well of the House raising slogans demanding setting up a joint parliamentary committee probe into the allegations against Adani group of companies.
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China miffed over Indian mountaineers naming Arunachal Pradesh mountain after 6th Dalai Lama
Beijing (PTI): China was on Thursday miffed over Indian mountaineers naming a previously unnamed peak in Arunachal Pradesh after the 6th Dalai Lama, reiterating its territorial claims over the area.
A team from the National Institute of Mountaineering and Adventure Sports (NIMAS) scaled an unnamed and unclimbed 20,942 ft high peak in Arunachal Pradesh and decided to name the summit after the 6th Dalai Lama Tsangyang Gyatso, who was born in 1682 in the region of Mon Tawang.
NIMAS, located at Dirang in Arunachal Pradesh, functions under the Ministry of Defence.
Naming the peak after the 6th Dalai Lama is a tribute to his timeless wisdom and his profound contributions to the Monpa community and beyond, said a Defence Ministry press release.
When asked for his reaction, Chinese Foreign Ministry spokesperson Lin Jian told a media briefing here, "I’m not aware of what you mentioned."
"Let me say more broadly that the area of Zangnan is Chinese territory, and it’s illegal, and null and void for India to set up the so-called "Arunachal Pradesh" in Chinese territory. This has been China's consistent position," he said.
China calls Arunachal Pradesh Zangnan.
Also, China has been renaming places in Arunachal Pradesh since 2017 to assert its claims.
India emphatically rejected China's claims over Arunachal Pradesh, saying it is an integral part of India and assigning "invented" names does not alter this reality.
