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Arun Jaitley News
Arun Jaitley
Bring certain agricultural activities into income tax net: Experts tell Jaitley
Wed, Dec 21, 2016
In an attempt to curb people from converting black money into white, economists in their pre-budget consultative meeting with Finance Minister Arun Jaitley in New Delhi on Tuesday suggested the minister to bring certain type of agriculture income under tax net.
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Rs 5000 deposit: Won't have to explain 'delay' to bankers, Finance Minister Jaitley says
Tue, Dec 20, 2016
Following this, RBI stated rules that said that the credit of old notes will be afforded only after questioning tenderer, on record, in the presence of at least two officials of the bank, as to why this could not be deposited earlier and receiving a satisfactory explanation.
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This is how Govt may discourage you from using cash
Tue, Dec 20, 2016
After demonetisation, Government of India is currently mooting several proposals to push the country towards being less-cash. Apart from giving discounts on using debit or credit cards, there is a possibility that using cash may be taxed, Aseem Manchanda reports.
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Govt introduces 8 reforms to push India's 'Ease of Doing Business' ranking to top 50
Tue, Dec 20, 2016
In an effort to improve the ‘Ease of Doing Business’ ranking of India to top 50 countries in the World Bank report, the government announced the formation of Nodal Departments for a ‘reform process.’
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GST rollout may be pushed to July, industry needs time: Experts
Sun, Dec 18, 2016
With "turf issue" over tax payer jurisdiction continuing to clog GST Council deliberations, the Goods and Services Tax (GST) rollout could be delayed by a quarter to July 1 as industry would require time to prepare itself, experts said.
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Political parties can't accept old notes in donation; tax exemption rules unchanged: Arun Jaitley
Sun, Dec 18, 2016
In a bid to clear the air on tax exemption to political parties, Finance Minister Arun Jaitley said on Saturday they can not accept donations in old Rs 500 and Rs 1,000 notes since these bills were junked last month and clarified that there is no new exemption granted.
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GST can be rolled out anytime between April 1 to September 16: Arun Jaitley
Sat, Dec 17, 2016
Amid signs of slippage of the April 1 GST rollout target, Finance Minister Arun Jaitley said on Saturday ending resolution of "turf" issues, GST is a transactional levy that unlike income tax can be implemented anytime during the year.
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The whole process of remonetisation will not take long time: Arun Jaitley
Sat, Dec 17, 2016
Finance Minister Arun Jaitley on Saturday hinted that not all of the Rs 15.44 lakh crore worth of currency junked will be remonetised through issuance of new notes as he said digital currency will fill the gap.
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