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Union Budget 2018
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EXCLUSIVE: I can assure we'll ease tax burden on middle class: Arun Jaitley
Sat, Feb 03, 2018
Budget 2018 is not populist but popular, says Union Finance Minister Arun jaitley in an exclusive interview with Mihir Bhatt of Zee Business. He also said that he has maintained a fine balance between meeting fiscal challenges and serving social purpose.
Jaitley’s MSME sops to benefit only few
Fri, Feb 02, 2018
Union Minister for Finance and Corporate Affairs Arun Jaitley has proposed a reduced rate of 25% to companies that have reported turnover up to Rs 250 crores in the financial year 2016-17.
Now, govt to curb payments exceeding Rs 10,000 in cash
Fri, Feb 02, 2018
Union Finance and Corporate Affairs Minister Arun Jaitley proposed to impose restriction on entities incurring expenditure in cash without paying tax in order to control the cash economy and increase TDS compliance.
Budget 2018: Boon or bane for individual tax payers?
Fri, Feb 02, 2018
The Finance Minister in his Budget speech mentioned that there would be no changes to individual income-tax rates as the government has made many positive changes in the personal income-tax in the last three years.
Govt expects to generate Rs 1 lakh crore from disinvestment; Air India on the cards
Thu, Feb 01, 2018
The government has hiked the disinvestment target by over 10% to Rs 80,000 crore in FY19. Read all about it here.
Jaitley makes an effort to please all through his budget
Thu, Feb 01, 2018
Finance Minister Arun Jaitley today presented the Budget for 2018-19 with several important announcements. Jaitley spoke of massive spending on rural infrastructure, to win over voters in the countryside where two-thirds of India`s people.
PM to interact with economists, sectoral experts at NITI Aayog
Tue, Jan 09, 2018
NITI Aayog has invited the select group of economists and sector experts for the deliberations with the Prime Minister on 'Economic Policy: The Road Ahead'.
Rs 80,000 crore PSB recap bonds to be accompanied by more reforms: FM Jaitley
Thu, Jan 04, 2018
The Lok Sabha today gave its approval for Rs 80,000 crore recapitalisation bonds for strengthening public sector banks (PSBs), with Finance Minister Arun Jaitley promising that the fund infusion would be accompanied by a series of reforms.
Govt open to increase deposit insurance cap of Rs 1 lakh: Arun Jaitley
Wed, Jan 03, 2018
Finance Minister Arun Jaitley today assured the Rajya Sabha that the government is considering putting in place a "much better" security measure for bank depositors and is open to suggestions for raising the deposit insurance limit from Rs 1 lakh currently.
Bitcoin not a legal tender in India, says Finance Minister Arun Jaitley
Tue, Jan 02, 2018
The Finance Minister of India has openly refuted the acceptance of Bitcoin as legal tender in India.
No IT exemption to cooperative banks: govt tells Lok Sabha
Fri, Dec 29, 2017
Jaitley said most of these banks provided standard banking facilities like opening of letters of credit, bill discounting and collection, lockers and safe deposit vaults and bank guarantees.
Open to improvements in Aadhaar-based privacy framework: FM Jaitley
Sun, Dec 24, 2017
Union Finance Minister Arun Jaitley today said the government will remain open to any suggestions for improving the privacy framework surrounding Aadhaar. Jaitley further said that the issue of 'right to privacy' was "hopefully" settled by the Supreme Court judgement.
Not all banks to get capital support in first tranche
Sun, Dec 17, 2017
Not all banks will be eligible for capital support of the government this fiscal, but those who have performed relatively better and need capital most will be considered for fund infusion, sources said.
Agri experts ask FM Jaitley for farmers' income security in pre-budget meeting
Tue, Dec 05, 2017
It was suggested that there is need to start ‘Operation Veggies’ and focus should be given to TOP – Tomato, Onion and Potato as there is maximum volatility in their prices.
India needs Rs 50 lakh crore for infrastructure projects over five years, says FM Jaitley
Thu, Nov 30, 2017
Higher number of infrastructure projects pave the way into the future as the government looks to award national highway projects every year.
Govt has not waived any loans of corporates, says FM Jaitley
Tue, Nov 28, 2017
Jaitley said that over the last few days, a rumour is being propagated regarding waiver of loans of capitalists by banks. Time has come for the nation to be apprised of facts in this regard.
Moody's raises India's ratings from Baa3 to Baa2; here's what experts have to say
Fri, Nov 17, 2017
Indian economy recovering from 'temporary blip': FM Arun Jaitley
Thu, Nov 16, 2017
India's economic slowdown has bottomed out and now it should start moving upwards after recovering from the "temporary blip" seen during the recent structural changes, Finance Minister Arun Jaitley said today.
FM Arun Jaitley declines to disclose facts about demonetisation decision
Wed, Nov 08, 2017
Finance Minister Arun Jaitley on Tuesday declined to disclose all the facts that went into the decision to undertake demonetisation last year.
Govt plans phase-2 of digital payment push from January 2018
Tue, Nov 07, 2017
The government is working on launching the second phase of promoting digital payments from January, according to an official source.