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Arun Jaitley

Petrol, diesel prices down in India despite global crude touching 2-week high

Petrol, diesel prices down in India despite global crude touching 2-week high

Fri, Feb 23, 2018

State-owned oil marketing companies (OMCs) like IOCL, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Corp Limited (HPCL) have started to bring petrol and diesel prices from February 8. 

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First sale of electoral bonds via SBI to begin from March 1

First sale of electoral bonds via SBI to begin from March 1

Thu, Feb 22, 2018

Finance Minister Arun Jaitley during his Budget speech in February 2017, announced the introduction of the bonds

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7th Pay Commission: Govt employees may see pay hike in FY19, arrears unlikely

7th Pay Commission: Govt employees may see pay hike in FY19, arrears unlikely

Thu, Feb 22, 2018

Union Finance Ministry has reportedly set a panel to take a final call on demands of these employees by April this year.

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MSP, fiscal slippage, inflation force RBI tread cautiously

MSP, fiscal slippage, inflation force RBI tread cautiously

Thu, Feb 22, 2018

RBI kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%, raised CPI inflation target 

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Investing in new LTCG tax regime not that taxing

Investing in new LTCG tax regime not that taxing

Thu, Feb 22, 2018

One of the major announcements of the Budget 2018, which had a ripple effect on the stock markets, was the removal of exemption from long-term capital gains (LTCG) on the sale of listed equity shares and equity oriented mutual funds, which are held for more than 12 months.

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PM Modi inaugurates 2-day UP Investors Summit in Lucknow

PM Modi inaugurates 2-day UP Investors Summit in Lucknow

Wed, Feb 21, 2018

Prime Minister Narendra Modi inaugurates two-day Uttar Pradesh Investors' Summit 2018 in Lucknow today.

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What are our auditors doing? Arun Jaitley lashes out on PNB fraud

What are our auditors doing? Arun Jaitley lashes out on PNB fraud

Wed, Feb 21, 2018

The finance minister said an example should be made of the fraudulent people involved in the scam and such examples should never be repeated again. 

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Arun Jaitley slams oversight lapses amid PNB fraud probe

Arun Jaitley slams oversight lapses amid PNB fraud probe

Tue, Feb 20, 2018

India`s Finance Minister decried a "lack of ethics" among sections of Indian business on Tuesday and criticised inadequate oversight by auditors and regulators, after the financial sector was rocked by a $1.8 billion fraud at a state-run bank.

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7th Pay Commission: Will employees hear a good news by April 2018?

7th Pay Commission: Will employees hear a good news by April 2018?

Mon, Feb 19, 2018

The Union Cabinet had earlier examined 197 allowance, recommending abolition of 53 allowance and subsuming 37 in others.    

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7th Pay commission: Govt move to help lower-level staff

7th Pay commission: Govt move to help lower-level staff

Fri, Feb 16, 2018

Modi government is reportedly working on a strategy to help lower-level employees of pay matrix level 1 to 5 under 7th Pay Commission.  

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Capital gains tax on Bitcoins! Pay 30% for 36 months, 20% beyond

Capital gains tax on Bitcoins! Pay 30% for 36 months, 20% beyond

Tue, Feb 13, 2018

The government may have outlawed cryptocurrencies, including Bitcoins, in Budget 2018, it will charge capital gains tax on the same.   

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Petrol, Diesel price down gradually in India, as crude oil tumbles

Petrol, Diesel price down gradually in India, as crude oil tumbles

Tue, Feb 13, 2018

Petrol has tumbled in the range of 85 paisa to 91 paisa per litre, whereas diesel prices have come down between Rs 1.20 and Rs 1.28 per litre. 

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National Pension Scheme: All you should know about it after FY19 Budget

National Pension Scheme: All you should know about it after FY19 Budget

Mon, Feb 12, 2018

NPS is termed as contribution retirement savings scheme developed to enable the subscribers for making decisions regarding their future through systematic savings during their working life.    

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Petrol, diesel prices reverse trend in India, record fifth-consecutive decline

Petrol, diesel prices reverse trend in India, record fifth-consecutive decline

Mon, Feb 12, 2018

Price rise in fuel product has been since start of 2018, despite FM Arun Jaitley trimming down excise duty on various products, especially fuel products, during FY19 Budget. 

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Govt to give additional 3 crore LPG connections by March 2020

Govt to give additional 3 crore LPG connections by March 2020

Fri, Feb 09, 2018

Pradhan said that 5 crore connections were to be given by 2018-19 fiscal year end, and total Budgetary allocation made was Rs 8,000 crore.

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LTCG impact: Keep few pointers in mind prior to making investment

LTCG impact: Keep few pointers in mind prior to making investment

Fri, Feb 09, 2018

 FM Jaitley proposed to tax LTCG exceeding Rs 1 Lakh at the rate of 10% without allowing the benefit of any indexation, saying “all gains up to 31st January, 2018 will be grandfathered.”

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Petrol, diesel price highest in Mumbai; other cities see similar trend

Petrol, diesel price highest in Mumbai; other cities see similar trend

Fri, Feb 09, 2018

Finance Minister Arun Jaitley during FY19 Budget trimmed down excise duty on various products, especially fuel products, pinning down hopes that petrol and diesel prices would go down.

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Is ‘rate hike’ on the table for RBI in FY18's last policy meet?

Is ‘rate hike’ on the table for RBI in FY18's last policy meet?

Wed, Feb 07, 2018

RBI has kept policy repo rate unchanged at 6% in the past two monetary policy meetings along with accommodative stance due to fear of higher inflation and macro-economic data.

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Will MSP hike in Budget FY19 be inflationary?

Will MSP hike in Budget FY19 be inflationary?

Tue, Feb 06, 2018

The Finance Minister also decided to increase food subsidy by 21% or Rs 29,041 crore to Rs 1.69 lakh crore.

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Budget FY19 ties RBI’s hand for rate cut in its last FY18 policy

Budget FY19 ties RBI’s hand for rate cut in its last FY18 policy

Mon, Feb 05, 2018

 Analysts have already predicted that inflation is going to shoot higher than the RBI’s trajectory for FY18.

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