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Arun Jaitley

What if the govt abolishes personal income tax?

What if the govt abolishes personal income tax?

Sat, Jan 27, 2018

The personal income tax collections to GDP ratio has been only around 2%

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Recapitalisation plan credit positive for all PSBs: Moody's

Recapitalisation plan credit positive for all PSBs: Moody's

Thu, Jan 25, 2018

 The government will provide material capital infusions for even weak PSBs since IDBI, CBI and IOB received amongst the highest capital allocations, said Moody's.

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Recap fails to lift bank stocks, but these lenders look set to gain big

Recap fails to lift bank stocks, but these lenders look set to gain big

Thu, Jan 25, 2018

Eleven weak banks facing prompt corrective action (PCA) are to be given a total of Rs 52,311 crore to maintain their minimum capital requirement, while nine strong banks will get Rs 35,828 crore.

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Will this upcoming Budget cheer common man, corporates?

Will this upcoming Budget cheer common man, corporates?

Wed, Jan 24, 2018

It is expected that the government may increase the income tax exemption limit to Rs 3 lakh from currently Rs 2.5 lakh.

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Budget Preview 2018-19: Revision in direct taxation, LTCG expected; FY18 fiscal deficit target to overshoot

Budget Preview 2018-19: Revision in direct taxation, LTCG expected; FY18 fiscal deficit target to overshoot

Wed, Jan 24, 2018

By Amar Ambani In the last full budget before the 2019 general elections, capital market investors would be keen to know of the government’s stand on two critical issues: fiscal consolidation, and, tax burden on capital market investments.

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Pay Commission: Is govt considering an alternative for salary hike of Central staff

Pay Commission: Is govt considering an alternative for salary hike of Central staff

Tue, Jan 23, 2018

The 7th Pay Commission recommended that reviewing the pay matrix periodically instead of waiting for 10 long years to revise the salary and allowances

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15 states will start intra-state e-way bill from February 1: FM Jaitley

15 states will start intra-state e-way bill from February 1: FM Jaitley

Thu, Jan 18, 2018

The Finance Minister said the Council may consider putting some new items under GST brackets. Further, he said that indirect taxes may pick up with anti-evasion measures.

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FM Jaitley holds pre-Budget meet with state finance ministers

FM Jaitley holds pre-Budget meet with state finance ministers

Thu, Jan 18, 2018

Representatives from the state governments presented their views and offered number of suggestions on various fiscal policy and budgetary measures that the Central government may consider.

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LTCG on equities: Will it make a comeback in Budget 2018?

LTCG on equities: Will it make a comeback in Budget 2018?

Thu, Jan 18, 2018

Extending the tenure of the Long-term Capital Gains (STCG) tax to two-three years from one, in line with non-equity mutual funds could be one possibility, experts said.

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Govt may opt for fiscal deficit range in Budget

Govt may opt for fiscal deficit range in Budget

Sun, Jan 07, 2018

The government will realign its priorities with a desire to see early results, says Naresh Takkar of Icra

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Economy hit by Modi's 'divisive politics', alleges Rahul

Economy hit by Modi's 'divisive politics', alleges Rahul

Sat, Jan 06, 2018

He claimed the fiscal deficit had increased and projects had been stalled

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Rs 80,000 crore PSB recap bonds to be accompanied by more reforms: FM Jaitley

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.

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Will the govt increase disinvestment targets for FY19?

Will the govt increase disinvestment targets for FY19?

Thu, Jan 04, 2018

The BSE on its website explains that the main objective of disinvestment is to indicate that PSUs had shown a very negative rate of return on capital employed.

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Shares of 6 banks up after govt decides capital infusion of Rs 7,577 crore

Shares of 6 banks up after govt decides capital infusion of Rs 7,577 crore

Thu, Jan 04, 2018

The government has pumped Rs 51,858 crore capital in the PSBs so far, since the Indradhanush road map was announced in 2015.    

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FM-chaired body to look into stalled Rs 20K cr port projects

FM-chaired body to look into stalled Rs 20K cr port projects

Wed, Jan 03, 2018

About 12 shipping projects, including in Kandla and Visakhapatnam ports, have been stuck for long on account of various problems

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Electoral bonds to help government check black money in political funding

Electoral bonds to help government check black money in political funding

Wed, Jan 03, 2018

This move is aimed to make the political funding more transparent as presently all the funding are in the name of anonymous cash donations.

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Govt open to increase deposit insurance cap of Rs 1 lakh: Arun Jaitley

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.

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Govt announces details of electoral bonds

Govt announces details of electoral bonds

Tue, Jan 02, 2018

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

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Doubts over bail-in provisions of FRDI Bill misplaced: Jaitley

Doubts over bail-in provisions of FRDI Bill misplaced: Jaitley

Tue, Jan 02, 2018

 FRDI aims to bring in discipline among the financial service providers by initiating a limit on the use of public money to bail out distressed firms.

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Bitcoin not a legal tender in India, says Finance Minister Arun Jaitley

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.  

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