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Arun Jaitley News
Arun Jaitley says India has comfortable forex reserves to deal with rupee volatility
Thu, Aug 16, 2018
The Indian currency on Tuesday crashed to a life-time low of 70.09 on concerns over Turkey's economic woes that have impacted various emerging markets, even as the US dollar gained strength against other currencies.
Arun Jaitley sees GST rate cut on cement, ACs, TVs with rise in revenue
Fri, Jul 27, 2018
Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues increase, and only luxury and sin goods will attract the highest slab of 28 per cent.
GST replaced ''Congress legacy tax'' with ''good and simple tax'': Jaitley
Fri, Jul 27, 2018
Union Minister Arun Jaitley on Friday said the GST has replaced the `Congress Legacy Tax` -- which was 31 per cent for most goods -- with a `good and simple tax`, adding that the existing 28 per cent slab will be phased out following further improvement in revenue collections.
Bank strike? IDBI Bank threatens protest from next Monday; Share price plunges 7%
Fri, Jul 13, 2018
IDBI Bank share price tanked as much as 7.19 per cent to Rs 52.25 on the BSE. The stock had rallied over 18 per cent between last week on Friday and Wednesday.
Massive GST collections set to bring good news for common man
Mon, Jul 02, 2018
Finance minister Piyush Goyal exuded confidence that GST collections will exceed Rs 13 lakh crore in the current fiscal and there will be further scope to rationalise the tax rates.
One Year of GST: Arun Jaitley explains why Rahul Gandhi's single-slab idea wrong
Sun, Jul 01, 2018
Union Finance Minister Arun Jaitley has defended the current form of GST, saying Rahul Gandhi's idea of single slab GST is flawed.
Black money: Arun Jaitley takes to Facebook to counter accusations; read full text of blog here
Fri, Jun 29, 2018
Almost 18 lakh people were identified who had made deposits disproportionate to their returned incomes. The use of technology helped the tax department significantly. Most of the functioning of the Income-tax Department is now online, returns are filed online, queries are addressed online, assessment orders are handled online and refunds are also made online. Technology is also used for reconciliation purposes in order to detect those who should be filing returns but are non-filers.
Arun Jaitley, Randeep Surjewala spar on Twitter over state of economy
Fri, Jun 15, 2018
Jaitley and Surjewala exchanged heated arguments on Twitter a day after the Minister`s Facebook post where he said that the Congress was becoming more and more "ideology-less" and "anti-Modism was becoming its only ideology".
Banking crisis: Dena Bank, Allahabad Bank to Bank of Maharashtra, Piyush Goyal promises all help
Thu, May 17, 2018
Finance Minister Piyush Goyal today promised all possible help to strengthen the 11 public sector banks placed under the 'Prompt Corrective Action' framework by the RBI to check their deteriorating financial health.
Cabinet reshuffle: Rajyavardhan Rathore replaces Smriti Irani at I&B, Piyush Goyal gets temporary charge of Finance Ministry
Mon, May 14, 2018
Rajyavardhan Rathore is the Union Minister of Sports. He has been given independent charge of I&B. Irani was handling the ministry as an additional charge ever since Venkaiah Naidu quit.
Arun Jaitley undergoes kidney transplant at AIIMS, recovering well
Mon, May 14, 2018
Arun Jaitley today underwent a successful kidney transplant at the All India Institute of Medical Sciences (AIIMS), an official at the premier health institute said. Both the donor and the recipient are stable and recovering well, the official said.
Indian Railways eyeing good times? See what it has done now
Mon, Apr 23, 2018
In what could be seen as a definitive sign of an uptick in freight movement, Indian Railways has revised its wagon requirement to 15,000 during the current year, which is almost double the actual procurement of 8,000 in the last fiscal.
7th Pay Commission: Govt employees struggle in minimum pay hike by Rs 8000; teaching staff of SMVDU get good news
Sun, Apr 15, 2018
The hope are pinned to a list of development taken by government, which leads directly or indirectly to 7th Pay commission drawing attention of all concerned to the matter.
7th Pay Commission: Fitment factor, minimum pay hike issue; 7 things to know
Sat, Apr 14, 2018
7th Pay Commission was supposed to benefit civilian employees and Defence Forces personnel. The Cabinet in June 2016, had examined 197 allowances, recommending abolition of 53 allowance and subsuming 37 others. Here are some things you cannot miss.
FM Arun Jaitley's kidney transplant cancelled due to 'no match'
Tue, Apr 10, 2018
"The operation could not be conducted as the kidney from the donor did not match with Jaitley," said an official seeking anonymity. Arun Jaitley was admitted to the All India Institute of Medical Sciences (AIIMS)`s Cardio-Neuro Tower on Friday, a day after completing the paper works required between the donor and himself for the kidney transplant surgery. The identity of the donor had not been disclosed
Arun Jaitley: No inherent bias in 15th Finance Commission's terms of reference
Tue, Apr 10, 2018
Arun Jaitley was responding to concerns expressed by Kerala, Karnataka and Andhra Pradesh as well as the Congress-ruled union territory of Puducherry over the ToR of the Commission. In a first-of-its-kind initiative, the finance ministers of south Indian states at a conclave at Thiruvananthapuram said that ToR was against the principles of federalism enshrined in the Constitution and also would result in revenue loss to the performing states
FM Arun Jaitley set to undergo renal transplant soon
Mon, Apr 09, 2018
Arun Jaitley is being prepared for this major surgery, but he was not confined to the hospital. AIIMS sources said Jaitley, who was admitted to the hospital on Friday, left for home this afternoon after undergoing dialysis. However, even though he was allowed to go home, he is still under observation and is likely undergo renal transplant soon, the sources said
DDCA case: Jaitley, Vishwas granted exemption from personal appearance
Sat, Apr 07, 2018
The other accused in the case -- Chief Minister Arvind Kejriwal, and AAP members Raghav Chadha, Sanjay Singh, Ashutosh and Deepak Bajpai -- were acquitted by the court on April 3 after Jaitley accepted their apologies for their statements against him in connection with alleged irregularities in the DDCA
Arun Jaitley kept under 1-day observation at AIIMS, to undergo surgery tomorrow
Sat, Apr 07, 2018
Sources said that keeping a kidney transplant patient under one-day observation is a routine medical procedure and his surgery is likely to be done tomorrow. Jaitley is suffering from a kidney ailment and has not been attending office since Monday. He has not even taken oath of office after being re-elected to the Rajya Sabha. Sources said the minister, who was kept in a 'controlled environment' at home, was shifted to the All India Institute of Medical Sciences (AIIMS) last evening
FM Arun Jaitley suffering from kidney-related ailment, say sources
Thu, Apr 05, 2018
Finance Minister Arun Jaitley is suffering from a kidney ailment and may have to undergo a surgery soon, resulting in cancellation of a visit to London next week for annual economic talks, sources close to the minister said.