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Arun Jaitley

FinMin expects 6 banks to raise funds via FPO as market improves

FinMin expects 6 banks to raise funds via FPO as market improves

Sun, Apr 16, 2017

In the Budget 2017-18 speech on February 1, Finance Minister Arun Jaitley announced capital infusion of Rs 10,000 crore for the current fiscal.

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E-commerce definition too wide in GST dispensation: Assocham

E-commerce definition too wide in GST dispensation: Assocham

Sun, Apr 16, 2017

It has also sought clarity on treatment of goods and services under GST for exports, gems and jewellery, MSME sector, banking and telecom.

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GST rollout: Centre,states taxmen to decide services rate this week

GST rollout: Centre,states taxmen to decide services rate this week

Sun, Apr 16, 2017

The task before the panel is to keep the impact of GST on inflation and prices near neutral or zero.

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18 lakh accounts under scanner for large deposits: FM Jaitley

18 lakh accounts under scanner for large deposits: FM Jaitley

Fri, Apr 07, 2017

Jaitley also said that financial inclusion was a top agenda of the government and it was on a rise, particularly for women.

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'New investment proposals recover from a decade low in March quarter'

'New investment proposals recover from a decade low in March quarter'

Fri, Apr 07, 2017

The Reserve Bank of India (RBI) in its first bi-monthly monetary policy document for the current fiscal year said that new investment proposals have recovered in the fourth quarter from its decadal low level at the end of third quarter. 

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GST rollout close to reality as Rajya Sabha passes four bill

GST rollout close to reality as Rajya Sabha passes four bill

Thu, Apr 06, 2017

Jaitley said the successive governments have contributed towards the GST and no one person can take credit for it.

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7th Pay Commission: Lavasa panel likely to table recommendation report tomorrow

7th Pay Commission: Lavasa panel likely to table recommendation report tomorrow

Wed, Apr 05, 2017

Last week, the panel had stated that it will finalise the report after receiving comments from ministries on treatment of 14 allowances and benefits. 

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India-UK join hands to invest £240 million in green infrastructure projects

India-UK join hands to invest £240 million in green infrastructure projects

Wed, Apr 05, 2017

As per the Ministry, the fund aims to leverage private sector investment from the City of London to invest in green infrastructure projects in India.

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India-UK joint fund to raise 500 million pounds to finance Indian energy projects

India-UK joint fund to raise 500 million pounds to finance Indian energy projects

Tue, Apr 04, 2017

The Indian government in partnership with the UK government on Tuesday has announced to raise 500 million pounds (nearly Rs 4,063 crore) to finance India's energy sector projects.

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7th Pay Commission: Pension committee submits report to NJCA

7th Pay Commission: Pension committee submits report to NJCA

Tue, Apr 04, 2017

After months of delay, the pension committee under 7th Pay Commission, has submitted its recommendation to Shiv Gopal Mishra, the convenor of National Joint Council of Action, a media report said. 

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Defence Minister Arun Jaitley clears proposal to buy Barak missiles for Navy

Defence Minister Arun Jaitley clears proposal to buy Barak missiles for Navy

Mon, Apr 03, 2017

The equipment is being procured as a repeat order with 'buy global' categorisation at a cost of approximately Rs 311 crore.

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Govt orders departments, states to ensure privacy with Aadhaar card details

Govt orders departments, states to ensure privacy with Aadhaar card details

Mon, Apr 03, 2017

Indian government ordered its central departments and states to maintain strict privacy of Aadhaar card details of people, a report by ET Now said on Monday.

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Education, healthcare, pilgrimages not to be taxed under GST

Education, healthcare, pilgrimages not to be taxed under GST

Sun, Apr 02, 2017

Adhia said the endeavour would be to maintain the current tax incidence on a commodity or service at the same level in the new Goods and Services Tax (GST) regime.

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IDBI Bank employees to go on strike on April 12: AIBEA

IDBI Bank employees to go on strike on April 12: AIBEA

Sat, Apr 01, 2017

The Association also shot off a letter to Finance Minister Arun Jaitley, seeking his intervention in the matter.

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India seeks $2 bn funding from NDB, wants it 'nimble-footed'

India seeks $2 bn funding from NDB, wants it 'nimble-footed'

Sat, Apr 01, 2017

​Jaitley said the first agreement for an NDB loan in India to finance major district roads in Madhya Pradesh has been signed a couple of days ago.

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Finance Bill gets presidential assent, takes effect from today

Finance Bill gets presidential assent, takes effect from today

Sat, Apr 01, 2017

Advancement of the Budget will give government departments more leeway to spend as well as allow companies time to adapt to business and taxation plans.

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India to grow at 7.7% in 2018; Emerging markets face newer challenges: FM Jaitley

India to grow at 7.7% in 2018; Emerging markets face newer challenges: FM Jaitley

Sat, Apr 01, 2017

Jaitley said India has sought USD 2 billion loans for various projects from the NDB, which is set up by the emerging nations India, China, Brazil, Russia and South Africa.

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GST Council approves rules on input tax credit, says Jaitley

GST Council approves rules on input tax credit, says Jaitley

Fri, Mar 31, 2017

Speaking at a press conference in New Delhi, Finance Minister, Arun Jaitley on Friday said that the GST Council approved rules on input tax credit, valuation, transitional provisions and composition.

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7th Pay Commission: Lavasa panel to finalise allowance only after April 12

7th Pay Commission: Lavasa panel to finalise allowance only after April 12

Fri, Mar 31, 2017

Lavasa panel was formed last year to examine the 7th pay Commission recommendations.

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Government embarrassed as Rajya Sabha returns Finance bill with amendments (Roundup)

Government embarrassed as Rajya Sabha returns Finance bill with amendments (Roundup)

Thu, Mar 30, 2017

The Narendra Modi government on Wednesday faced embarrassment in the Rajya Sabha as five of the amendments moved by the opposition to the Finance Bill, 2017, were adopted by division before the bill was returned to the Lok Sabha.

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