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Finance Minister Arun Jaitley

Corporate America urges Jaitley to further reduce tax

Corporate America urges Jaitley to further reduce tax

Sun, Jan 28, 2018

USIBC said it believes that India must ensure that transfer pricing principles are applied in a fair and consistent manner for all taxpayers

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Technology has impacted nature of tax administration: FM Jaitley

Technology has impacted nature of tax administration: FM Jaitley

Sat, Jan 27, 2018

The Finance Minister expressed confidence that CBEC would take necessary steps to ensure that India’s ranking in trade across borders would improve substantially.   

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FM says GST stabilised in short time, hints at further rate rejig

FM says GST stabilised in short time, hints at further rate rejig

Sat, Jan 27, 2018

Finance Minister Arun Jaitley today said the Goods and Service Tax (GST) has stabilised in a very short time that provides an opportunity to widen its base and further rationalise the rates in the future.

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Possible for India to be in top 50 on ease of biz index: FM

Possible for India to be in top 50 on ease of biz index: FM

Sat, Jan 27, 2018

Citing success achieved by India in Ease of Doing Business ranking, Jaitley said the country has moved ahead from 142 to 100th position in the last three years

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Bank recapitalisation: Govt to monitor loans above Rs 250 crore

Bank recapitalisation: Govt to monitor loans above Rs 250 crore

Wed, Jan 24, 2018

The capital infusion plan for the FY18 includes Rs 80,000 crore through recap bonds and Rs 8,139 crore as budgetary support

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Jaitley likely to address Sebi, RBI boards on Feb 10

Jaitley likely to address Sebi, RBI boards on Feb 10

Sun, Jan 21, 2018

Soon after the presentation of Union Budget, it is a customary practice for the finance minister to address the boards of Sebi and RBI

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'Jaitley should contain fiscal deficit in Budget 2018-19'

'Jaitley should contain fiscal deficit in Budget 2018-19'

Sun, Jan 21, 2018

The government is aiming to contain fiscal deficit for the current fiscal at 3.2 per cent of GDP

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GST anti-evasion: Cess likely on pan masala at manufacturing stage

GST anti-evasion: Cess likely on pan masala at manufacturing stage

Sun, Jan 21, 2018

The Council will look at levying the cess at the manufacturing stage based on production capacity as against the current practice of imposing it on supplies made by the manufacturer

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ONGC to buy govt's 51.11% stake in HPCL for Rs 36,915 cr

ONGC to buy govt's 51.11% stake in HPCL for Rs 36,915 cr

Sat, Jan 20, 2018

State-run Oil and Natural Gas Corporation Ltd (ONGC) will acquire the government`s 51.11 per cent equity share-holding in Hindustan Petroleum Corporation Ltd (HPCL) at a consideration of Rs 36,915 crore.

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Budget 2018: Realty sector has long-list of demand from FM

Budget 2018: Realty sector has long-list of demand from FM

Sat, Jan 20, 2018

Sector players say that the issues such as granting of industry status to the sector, single window clearance will help gain momentum

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GDP growth not justifiable unless benefits reach farmers: FM

GDP growth not justifiable unless benefits reach farmers: FM

Sun, Jan 14, 2018

Ahead of the Budget, Finance Minister Arun Jaitley today said the agriculture sector is the top priority for the government because the country's economic growth is not "justifiable and equitable" unless the benefits are "clear and evident" in the farm sector.

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FM launches options trading in guarseed; says will benefit farmers

FM launches options trading in guarseed; says will benefit farmers

Sun, Jan 14, 2018

NCDEX is the second exchange after MCX to launch options trading in commodities

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What awaits for middle class in this Budget?

What awaits for middle class in this Budget?

Wed, Jan 10, 2018

Finance ministry is considering a proposal to raise tax exemption limit from the existing Rs 2.5 lakh per annum to at least Rs 3 lakh if not 5 lakh, according to a report

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Need to continue momentum on building infrastructure: FM Jaitley

Need to continue momentum on building infrastructure: FM Jaitley

Thu, Dec 14, 2017

Explaining the rationale for massive capital infusion plan in public sector banks, Jaitley said that lending capacity of banks was constrained due to capital inadequacy.

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IT sector seeks govt help against protectionist policies, tax incentives

IT sector seeks govt help against protectionist policies, tax incentives

Mon, Dec 11, 2017

The IT sector representatives, however, pointed out that they would need government’s help at policy level to combat visa restrictions issues so that their economic interests are ensured.

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Use discretion fairly in investigations: FM Jaitley tells DRI officials

Use discretion fairly in investigations: FM Jaitley tells DRI officials

Mon, Dec 04, 2017

The FM said that only when the success rate of prosecution and penalty is high then it would act as a deterrent for offenders. He said that with every passing generation the nature of economic offence is changing and technology is being used to commit those offences.

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Deceleration trend in overall growth has been now reversed: Jaitley

Deceleration trend in overall growth has been now reversed: Jaitley

Thu, Nov 30, 2017

The Finance Minister said the economy now seems to have weathered the transitional challenges experienced earlier in the year and appears poised for a durable recovery going forward.

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Country paying recap, banks can't get easy money, says Govt

Country paying recap, banks can't get easy money, says Govt

Mon, Nov 13, 2017

It is the Indian taxpayer who will foot the bill for the banks` recent recapitalisation plan and the state-run lenders cannot expect to get easy money in this manner, the government said on Sunday.

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GST Council cuts rates on over 175 products, keeps only 50 items in 28% slab

GST Council cuts rates on over 175 products, keeps only 50 items in 28% slab

Fri, Nov 10, 2017

The GST Council on Friday cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime.   Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

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GST Council Meet: Chocolates, necklaces, shampoos may become cheaper

GST Council Meet: Chocolates, necklaces, shampoos may become cheaper

Fri, Nov 10, 2017

Goods and services are expected to get cheaper after the GST Council meet on Friday which is expected to revise tax rates on more products.

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