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Arun Jaitley

GST Council: Import of specific sports good exempted from IGST

GST Council: Import of specific sports good exempted from IGST

Sun, Nov 12, 2017

On November 10, the GST Council cut tax rates of over 175 products that were in the highest tax slab of 28% under the regime.

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Deadline for GSTR filing extended; Here's what you need to know

Deadline for GSTR filing extended; Here's what you need to know

Sat, Nov 11, 2017

GST, which came into play on July 1, 2017, has four tax slabs - 5%, 12%, 18% and 28%. Almost 227 items were there in 28% GST slab, now only 50 remain, which are mostly luxury items, rest have been put in 18%. 

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GST Council: Annual turnover of composition scheme will be increased to Rs 2 crore

GST Council: Annual turnover of composition scheme will be increased to Rs 2 crore

Sat, Nov 11, 2017

On November 10, the GST Council cut tax rates of over 175 products that were in the highest tax slab of 28% under the 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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1-year of demonetisation: Did India see a cash-less economy?

1-year of demonetisation: Did India see a cash-less economy?

Wed, Nov 08, 2017

November 08,2017, comes as a very special day for PM Narendra Modi and his government has it marks the one year anniversary of their biggest reform "Demonetisation" or commonly known as notebandi. 

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Exclusive Interview with Finance Minister Arun Jaitley on Demonetization

Exclusive Interview with Finance Minister Arun Jaitley on Demonetization

Wed, Nov 08, 2017

About 6,857.82 million notes of Rs 1000 and 17,165.06 million notes of Rs 500 valuing separately Rs 685,782 crore and Rs 858,253 crore respectively were scrapped 

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Key things Modi pointed out on 1-year of demonetisation

Key things Modi pointed out on 1-year of demonetisation

Wed, Nov 08, 2017

About 6,857.82 million notes of Rs 1000 and 17,165.06 million notes of Rs 500 valuing separately Rs 685,782 crore and Rs 858,253 crore respectively were scrapped 

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1-year of Demonetisation: This move became "ache din" for mutual funds industry and Indian markets

1-year of Demonetisation: This move became "ache din" for mutual funds industry and Indian markets

Wed, Nov 08, 2017

On November 08, 2016, Modi scrapped high denomination notes namely Rs 500 and Rs 1000 - accounting 86% of India's currency. This event has been a hot topic since then across the country. 

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FM Arun Jaitley declines to disclose facts about demonetisation decision

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.

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Govt plans phase-2 of digital payment push from January 2018

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.

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Full Text: Here's what Arun Jaitley said on 1-year of Demonetisation

Full Text: Here's what Arun Jaitley said on 1-year of Demonetisation

Tue, Nov 07, 2017

In an overall analysis, Jaitley mentioned that it would not be wrong to say India has moved on to a much cleaner, transparent and honest financial system post demonetisation. 

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Direct Tax Collections touch nearly 45% of FY18 Budget Estimates

Direct Tax Collections touch nearly 45% of FY18 Budget Estimates

Tue, Nov 07, 2017

In the Union Budget 2017, the government has fixed direct collections target at Rs 9.8 lakh crore. So far, the govt has received Rs 4.39 lakh crore between April - October 2017. 

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PM hints at more measures for businesses on GST

PM hints at more measures for businesses on GST

Sat, Nov 04, 2017

The GST Council had announced several measures to ease problems faced by businesses last month.

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Jaitley likely to hold meeting with bankers on Nov 11-12

Jaitley likely to hold meeting with bankers on Nov 11-12

Fri, Nov 03, 2017

The meeting assumes significance in the light of the recent government announcement of fund infusion in the public sector banks over a period of two years.

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7th Pay Commission: Govt employees seek Jaitley's intervention as hike decision in minimum pay takes time

7th Pay Commission: Govt employees seek Jaitley's intervention as hike decision in minimum pay takes time

Fri, Nov 03, 2017

In June month, the cabinet among many recommendations under the 7CPC, also approved raising the minimum pay from Rs 7,000 to Rs 18,000 per month and fitment factor to 2.57 times.   

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Jaitley-led panel will send PSBs merger proposal to cabinet every 3 months

Jaitley-led panel will send PSBs merger proposal to cabinet every 3 months

Wed, Nov 01, 2017

 Though it was only in May 2016 that effective action to consolidate state-owned banks struck headlines with six associate banks getting merged into State Bank of India in April 2017. 

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Ease of Doing Business: 8 key areas that helped India jump 30 places

Ease of Doing Business: 8 key areas that helped India jump 30 places

Wed, Nov 01, 2017

The World Bank on Tuesday said that India's ranking on the Ease of Doing Business rose 30 spots to stand at 100th position for the first time ever. 

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Ease of doing business: FM Jaitley vows more reforms to break into top 50

Ease of doing business: FM Jaitley vows more reforms to break into top 50

Tue, Oct 31, 2017

Buoyed by the jump in India's ease of doing business ranking, Finance Minister Arun Jaitley today vowed to continue reforms that will help break into top 50 nations.

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Ease of Doing Business: India enters top 100 for the first time ever

Ease of Doing Business: India enters top 100 for the first time ever

Tue, Oct 31, 2017

Latest ranking was  announced by the World Bank Group’s latest Doing Business 2018: Reforming to Create Jobs report. 

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Restaurants, malls, shopping outlets to be directed to include taxes in MRP by GST Council

Restaurants, malls, shopping outlets to be directed to include taxes in MRP by GST Council

Tue, Oct 31, 2017

The issue is now expected to be taken up by the GST Council in its next meeting on November 10, which will be headed by Finance Minister Arun Jaitley.

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Can't let shadow economy to be larger than real economy, says FM Arun Jaitley

Can't let shadow economy to be larger than real economy, says FM Arun Jaitley

Sat, Oct 28, 2017

Terming tax-paying as a "patriotic duty", Finance Minister Arun Jaitley today said given our aspiration to be a dominant player on the world stage, we cannot afford to be a place where the shadow economy is bigger than the real economy.

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