Govt promised much, delivered a lot less in the past one year.

May amend short-term period by increasing tenure from 6 months to 1 year.

Govt considering levy in a bid to plug leakages, widen tax base.

Move fuels speculations about purpose of grant.

Tax rate may be increased from 0.3% to 0.5% of the amount withdrawn.

National Economic Council to discuss proposal in May 29 meeting.

The announcement was made during a bi-annual meeting of National Finance Commission.

Says briefing was complete eyewash as tax proposals were not shared.

Opposition criticises chief economic czar for bypassing Parliament in the budget-making process

Unlike other salaried class, VIPs get exemption on significant portions of their salary.