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Arun Jaitley
16 years in making: Rajya Sabha passes GST Bill, finally
Wed, Aug 03, 2016
The much awaited GST bill has finally been passed by the Rajya Sabha on Wednesday with a unanimous vote in favour of the bill. The GST bill that seeks to amend the constitution was a matter of long standing debate in the Rajya Sabha.
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Tax concessions may cost India Rs 6 lakh crore this year
Wed, Aug 03, 2016
“No sector wise details of industry are however maintained and section wise details of revenue impact of direct tax incentives is presented before Parliament with Budget in the form of document titled, 'Statement of Revenue Impact of Tax Incentives under the Central Tax System',” said Santosh Kumar Gangwar, Minister of State (MoS), Finance Ministry.
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India's biggest tax reform GST looms, many companies unprepared
Wed, Aug 03, 2016
India is already the world`s fastest growing large economy, expanding by 7.9 percent year-on-year in the March quarter. Economists at HSBC forecast a boost of 0.8 percentage points from the GST within three to five years.
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One nation, one tax; Sachin tweets: looking forward to GST bill
Tue, Aug 02, 2016
With many eyes on India’s biggest tax reform, Sachin Tendulkar, former Indian cricket team captain tweeted in favour of the GST bill on Tuesday. The much awaited GST bill anticipates hopeful passage by the Rajya Sabha in the Monsoon Session of the Parliament on Wednesday.
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Rahul meets Cong leaders to chalk out party's strategy on GST
Tue, Aug 02, 2016
"We would list the bill for consideration tomorrow in Rajya Sabha. We have talked to all parties and the Prime Minister had said at the beginning of this session that GST is in the interest of all. We hope the GST Bill will be passed with consensus," Parliamentary Affairs Minister Ananth Kumar told reporters after BJP Parliamentary Party meeting.
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Raghuram Rajan wants monetary policy panel formed before he departs RBI
Mon, Aug 01, 2016
The government has yet to appoint a replacement for Rajan, a former International Monetary Fund chief economist whose appointment in 2013 had boosted investor confidence in India`s management of its economy.
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'One nation one tax' to eliminate corruption: Jaitley on GST
Sun, Jul 31, 2016
As the government gears up for a fresh push to get the long-pending GST law passed, Finance Minister Arun Jaitley today said the 'one nation, one tax' regime will reduce the taxation levels and also eliminate corruption.
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Will GST be a game changer for India?
Sat, Jul 30, 2016
GST, a broad-based tax, that seeks to convert all 29 states into a single market with a indirect taxation system, will need certain constitutional amendments to remove the state boundaries and the multiplicity of taxes to create a single national taxation system.
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RBI Governor race: SBI's head Arundhati Bhattacharya keeps guesswork alive
Fri, Jul 29, 2016
Keeping the guessing game going, SBI Chairperson Arundhati Bhattacharya on Friday stated that her name being considered for RBI Governor's position is media speculation as she is "not saying anything" on it.
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Disciplining Black Money: Here's what Benami Transaction Bill is all about
Thu, Jul 28, 2016
Finance Minister Arun Jaitley tabled the bill in the Lok Sabha and said the legislation was predominately an anti-black money measure and its purpose is to seize benami property and prosecute those indulging in such activities, PTI reported.
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Lok Sabha passes Benami Transactions Bill
Wed, Jul 27, 2016
Finance Minister Arun Jaitley tabled the bill in the Lok Sabha and said the legislation was predominately an anti-black money measure and its purpose is to seize benami property and prosecute those indulging in such activities, PTI reported.
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