Wed, Dec 28, 2022
Arun Jaitely 70th birth anniversary: Several ministers, such as Nirmala Sitharaman, Piyush Goyal and Dharmendra Pradhan, are believed to have been his proteges.
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Wed, Aug 24, 2022
During the period of Emergency (1975-77) when civil rights were suspended and political leader were arrested, Jaitley was arrested and kept in the Ambala Jail and then in the Tihar Jail, Delhi.
Wed, Mar 29, 2017
The parliament also approved GST Bill related to compensation.
FM Arun Jaitley speaking over GST bill in Loksabha. Watch this special segment and get to know more here.
The Goods and Services Tax (Compensation to States) provides for compensation to the states for the loss of revenue arising on account of implementation of the GST.
The report quoted a source saying that the 14 allowances were not taken under consideration earlier and now the concerned ministries have been asked for suggestions.
Tue, Mar 28, 2017
He also met the Minister of Finance, Defence and Corporate Affairs Arun Jaitley
Earlier, the Lavasa committee was expected to submit the report in October, but since then it got delayed.
Mon, Mar 27, 2017
Arun Jaitley had said the GST Constitutional Amendment Bill did not provide for extension of the deadline beyond September 15 this year.
A Finance Ministry official has said that "Neither Prime Minister Narendra Modi nor Jaitley responsible for the delay in implementation of higher allowance."
Sun, Mar 26, 2017
Jaitley gave an assurance that the Centre would look into all issues concerning the state and address them.
Talking about the GST, he expressed confidence that the the biggest tax reform would be rolled out from July 1.
Sat, Mar 25, 2017
Reorganisation of the field formations of CBEC for the implementation of GST has been approved by Finance Minister Arun Jaitley.
Thu, Mar 23, 2017
Minister of State for Finance Arjun Ram Meghwal has said the government may table four GST supplementary legislations in Parliament on Thursday.
Wed, Mar 22, 2017
Finance Minister Arun Jaitley while speaking in Lok Sabha on Wednesday said that the government is linking Aadhaar card of individuals while filing Income Tax Returns (ITRs) to stop tax evasion.
Historically, taxpayers have been extra cautious about the details that are sought. Back in April 2015 the government asked for details of travel and passport number. Bank balances were also requested. This led to adverse public opinion and ultimately these had to be rolled back. Consequently, one had to mention bank account numbers and IFSC code, providing passport number was made optional.
As the Finance Bill is classified as a Money Bill, it does not require bicameral approval and can be passed only by Lok Sabha, a media report said.
As per the source, the final decision on allowance will be taken by the end of this month or in the next meeting scheduled on Thursday.
In yet another move to curb black money in India, the government on Tuesday proposed a fresh ceiling of Rs 2 lakh on cash transactions, which is lower than the Rs 3 lakh proposed in Budget 2017-18.
Mon, Mar 20, 2017
The proposal to short list 10 big projects on priority basis was discussed during a meeting of NITI Aayog officials and representatives from various states on March 7, a senior government official said.
The S-GST will allow states to levy the tax after VAT and other state levies are subsumed in the GST.
Sun, Mar 19, 2017
Earlier this week, Jaitley had said the RBI has set up an Oversight Committee to look into process of the cases referred to it by the different banks.
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