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TAGUP
Technology Advisory Group for Unique Projects (TAGUP) is a Government of India advisory group to look into technology part of 5 large financial sector projects. It is headed by former UIDAI chairman, Nandan Nilekani. Areas The committee will make recommendations on the roadmap to roll out the five financial projects are * Tax Information Network (TIN) * National Pension Scheme (NPS) * National Treasury Management Agency (NTMA) * Expenditure Information Network (EIN) * Goods and Services Tax (GST) Report TAGUP submitted its report in early February 2011 and had the following key recommendations. *Setting up National Information Utilities (NIUs) as private companies with public purpose. *Having a dedicated Mission Leader with a Mission Execution Team. The report also identified common challenges faced by large complex IT projects in the government and provided specific solutions of the evaluation of GST, TIN, EIN, NTMA and NPS at hand. The project reported can be accessed on the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nandan Nilekani
Nandan Mohanrao Nilekani (born 2 June 1955) is an Indian entrepreneur. He co-founded Infosys and is the non-executive chairman of Infosys replacing R Seshasayee and Ravi Venkatesan, who were the co-chairs of the board, on 24 August 2017. After the exit of Vishal Sikka, Nilekani was appointed as non-executive chairman of the board effective 24 August 2017. He was the chairman of the Unique Identification Authority of India (UIDAI). After a successful career at Infosys, he headed the Government of India's technology committee, TAGUP. He is a member of Indian National Congress but not active in politics as of 2019. Early life Nandan Nilekani was born on 2 June 1955 at Bangalore, Karnataka. His parents Durga and Mohan Rao Nilekani are from Konkani brahmin community originally from Sirsi Karnataka. His father worked as a general manager of Mysore and Minerva Mills and subscribed to Fabian Socialist ideals that influenced Nilekani in his early years. Nilekani's elder brother, Vijay, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, consisting of 28 union states and eight union territories. Under the Constitution, there are three primary branches of government: the legislative, the executive and the judiciary, whose powers are vested in a bicameral Parliament, President, aided by the Council of Ministers, and the Supreme Court respectively. Through judicial evolution, the Parliament has lost its sovereignty as its amendments to the Constitution are subject to judicial intervention. Judicial appointments in India are unique in that the executive or legislature have negligible say. Etymology and history The Government of India Act 1833, passed by the British parliament, is the first such act of law with the epithet "Government of India". Basic structure The gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Delhi
New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House, and the Supreme Court of India. New Delhi is a municipality within the NCT, administered by the NDMC, which covers mostly Lutyens' Delhi and a few adjacent areas. The municipal area is part of a larger administrative district, the New Delhi district. Although colloquially ''Delhi'' and ''New Delhi'' are used interchangeably to refer to the National Capital Territory of Delhi, both are distinct entities, with both the municipality and the New Delhi district forming a relatively small part of the megacity of Delhi. The National Capital Region is a much larger entity comprising the entire NCT along with adjoining districts in neighbouring states, including Ghaziabad, Noida, Gurgaon and Faridabad. The foundation stone of New Delhi was l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (India)
The Ministry of Finance (IAST: ''Vitta Maṃtrālaya'') is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget. The Ministry of Finance is the apex controlling authority of ''four'' central civil services namely Indian Revenue Service, Indian Audit and Accounts Service, Indian Economic Service and Indian Civil Accounts Service. It is also the apex controlling authority of one of the central commerce services namely Indian Cost and Management Accounts Service History R. K. Shanmukham Chetty was the first Finance Minister of independent India. He presented the first budget of independent India on 26 November 1947. Department of Economic Affairs The Department of Economic Affairs is the nodal agency of the Union Government to formulate and monitor country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Pension Scheme
National Pension System Trust (NPS Trust) is a specialised division of Pension Fund Regulatory and Development Authority which is under the jurisdiction of Ministry of Finance of the Government of India. The National Pension System (NPS) is a voluntary defined contribution pension system in India. National Pension System, like PPF and EPF is an EEE (Exempt-Exempt-Exempt) instrument in India where the entire corpus escapes tax at maturity and entire pension withdrawal amount is tax-free. NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who joined after 1 April 2004. While the scheme was initially designed for government employees only, it was opened up for all citizens of India between the age of 18 and 65 in 2009, for OCI card holders and PIO's in October 2019. On 26 August 2021, PFRDA increased the entry age for the National Pension System (NPS) from 65 years to 70 years. As per the revised norms, any Indian C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goods And Services Tax (India)
Goods and Services Tax (GST) is an indirect tax (or consumption tax) used in India on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes. Multi-staged as it is, the GST is imposed at every step in the production process, but is meant to be refunded to all parties in the various stages of production other than the final consumer and as a destination-based tax, it is collected from point of consumption and not point of origin like previous taxes. Goods and services are divided into five different tax slabs for collection of tax: 0%, 5%, 12%, 18% and 28%. However, petroleum products, alcoholic drinks, and electricity are not taxed under GST and instead are taxed separately by the individual state governments, as per the previous tax system. There is a special rate of 0.25% on rough precious and semi-precious stones and 3% on gold. In addition a ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nachiket Mor
Nachiket Mor is an Indian banker. He is currently National Director for Bill and Melinda Gates Foundation. He is known for his inventions of financial devices to deliver banking service to villages and contribution in trying to solve India's financial inclusion problem. He is also the Chairman of the board of directors of CARE (relief agency), CARE India. Early life and education Mor was born into a farming family in Yavatmal, Maharashtra. He has a bachelor's degree in Physics from Mumbai University. He has a master's degree in Management from Indian Institute of Management Ahmedabad (IIM-A), where he was a classmate of Raghuram Rajan. He also has a PhD in Economics from the University of Pennsylvania, with a specialisation in Finance from the Wharton School. Career After completing his MBA, he joined a non-government organisation called Pradan, where he worked with mushroom farmers. He was then recruited by K.V. Kamath for ICICI Bank in 1987. In mid-1990s, he left to do hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-government In India
E-government (short for electronic government) is the use of technological communications devices, such as computers and the Internet, to provide public services to citizens and other persons in a country or region. E-government offers new opportunities for more direct and convenient citizen access to government and for government provision of services directly to citizens. The term consists of the digital interactions between a citizen and their government (C2G), between governments and other government agencies (G2G), between government and citizens (G2C), between government and employees (G2E), and between government and businesses/commerces (G2B). E-government delivery models can be broken down into the following categories:Jeong Chun Hai @Ibrahim. (2007). ''Fundamental of Development Administration.'' Selangor: Scholar Press. This interaction consists of citizens communicating with all levels of government (city, state/province, national, and international), facilitat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
