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Indian Finance Ministry highlights positive changes under GST regime on Arun Jaitley's death anniversary

Aug 24, 2020, at 10:27 pm

New Delhi/UNI: On the occasion of the first death anniversary of former Finance Minister Arun Jaitley on Monday, the Finance Ministry highlighted 'positive changes brought forth under the Goods and Services Tax (GST) regime.'

Indian Chamber of Commerce mourns death of Arun Jaitley

Aug 24, 2019, at 04:03 pm

New Delhi, Aug 24 (IBNS): The Indian Chamber of Commerce (ICC) on Saturday condoled the demise of former Union Finance Minister Arun Jaitley.     

GST one of smoothest transformation in India: Arun Jaitley

Jul 01, 2019, at 05:08 pm

New Delhi, Jul 1 (UNI) Calling the goods and services tax (GST) “consumer and assessee friendly”, former Union Minister Arun Jaitley on Monday said the taxation process was one of the smoothest transformation in India and settled down within few week of its implementation.

Arun Jaitley releases a Compendium of Instructions on GST Refunds and a Copy of the Operational Manual on Internal Audit

Mar 01, 2019, at 07:57 pm

New Delhi, Mar 1 (IBNS): On the occasion of 43rd Foundation Day of the Indian Civil Accounts Service (ICAS), the Controller General of Accounts (CGA) and his team of senior officers along with the Expenditure Secretary, G.C. Murmu called on the Union Minister of Finance and Corporate Affairs, Arun Jaitley in his office here on Friday and briefed him on two recent achievements: Refunds of GST, and Operationalisation of PM-KISAN Scheme.  

Banks are no more puppets of any govt: Arun Jaitley

Feb 28, 2019, at 04:34 pm

New Delhi, Feb 28 (UNI) Union Finance Minister Arun Jaitley said on Thursday that the UPA regime was a great learning experience and taking a cue from them, they have provided public sector banks such a competitive environment and easy norms that they are no more puppets of any government.

GST Council approves 5 percent rate for under-construction properties

Feb 24, 2019, at 06:22 pm

New Delhi, Feb 24 (UNI/IBNS) In what is seen as an attempt to give relief to middle class and as well a timely boost to the real estate sector, the Goods and Services Tax (GST) Council, headed by Finance Minister Arun Jaitley, on Sunday announced that the GST payable for under construction properties will be five per cent for normal housing.

Arun Jaitley is expected to present interim budget next month

Jan 21, 2019, at 09:18 am

New Delhi, Jan 21 (IBNS): Union Finance Minister Arun Jaitley will present the interim budget before the Lok Sabha polls on Feb 1, media reports said.

Arun Jaitley announces doubling of tax exemption limit for small businesses

Jan 10, 2019, at 04:44 pm

New Delhi, Jan 10 (IBNS): In a bid to woo a certain section of the people ahead of the 2019 General Elections, the central government on Thursday announced a doubling of tax exemption limit for all small businesses, media reports said.

Finance Minister Arun Jaitley appreciates Urjit Patel's service as RBI Governor

Dec 10, 2018, at 06:23 pm

New Delhi, Dec 10 (IBNS): Union Finance Minister Arun Jaitley on Monday appreciated Urjit Patel's service as the Governor of the Reserve Bank of India. Patel resinged from his position today triggering many speculations. 

Centre reduces fuel prices by Rs 2.50; Gujarat, Maharashtra follow

Oct 04, 2018, at 04:41 pm

New Delhi, Oct 4 (IBNS): Facing severe criticisms from the Opposition over the fuel price hike, the central government on Thursday reduced the prices of petrol and diesel by Rs 2.50 per litre.

Indian economy to grow at 8 pct: Jaitley

Sep 25, 2018, at 06:33 pm

New Delhi, Sept 25 (IBNS): Union Finance Minister Arun Jaitley on Tuesday said India is expected to experience a economic growth rate of 8 percent.

Bank of Baroda, Vijaya Bank, Dena Bank to be merged: Government

Sep 17, 2018, at 06:51 pm

New Delhi, Sept 17 (IBNS): Announcing a major development, the Centre on Monday said  Dena Bank, Vijaya Bank and Bank Of Baroda will be merged.

Jaitley says global reasons responsible for rupee hitting all-time low

Sep 05, 2018, at 10:24 pm

New Delhi, Sept 5 (IBNS): Union Finance Minister Arun Jaitley on Wednesday said all global reasons are responsible for rupee hitting an all-time low on Thursday.

Arun Jaitley inaugurates new office building of CCI, says economy becoming larger

Aug 30, 2018, at 04:31 pm

New Delhi, Aug 30 (IBNS) :  Union Minister of Finance and Corporate Affairs Arun Jaitley on Thursday said that the function of the Competition Commission of India (CCI) is going to expand further as the size of our economy is becoming large.

Indian economy is facing challenges: Aurn Jaitley

Aug 27, 2018, at 10:29 pm

New Delhi, Aug 27 (IBNS): Union Finance Minister Arun Jaitley on Monday said Indian economy is facing challenges and the attempt to recover funds from defaulters would continue.

ATM: Government assures citizens that there is adequate supply of currency

Apr 18, 2018, at 01:34 am

New Delhi, Apr 17 (IBNS): Amid reports that ATMs in several parts of the country are going dry, the centre on Tuesday assured that there is adequate supply of currency in the country.

Govt gave authority to bank to work with autonomy but with accountability: Jaitley on PNB scam

Feb 21, 2018, at 01:55 am

New Delhi, Feb 20 (IBNS): Reacting to the Punjab National Bank (PNB) scam, Union Finance Minister Arun Jaitley on Tuesday said the government has given authority to banks managements to work with autonomy but with greater accountability.

Arun Jaitely leaves tonight on a two day official visit to the Kingdom of Saudi Arabia

Feb 18, 2018, at 12:56 am

New Delhi, Feb 17 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitely will be leaving tonight on a two-day official visit to the Kingdom of Saudi Arabia to co-chair the 12th India-Saudi Arabia Joint Commission Meeting (JCM) on Feb 18 and 19.

Corporate sector reacts to Arun Jaitley's pro-poor Budget

Feb 02, 2018, at 03:26 am

New Delhi, Feb 1 (IBNS): The corporate sector has reacted to the last full budget which was present by Union Finance Minister Arun Jaitley on Thursday.

Fiscal deficit to be 3.3 per cent of the GDP for the coming fiscal year, says FM Jaitley

Feb 01, 2018, at 09:37 pm

New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley, while presenting the General Budget for 2018-19 in Parliament on Thursday, said that this Budget reflects the government’s commitment to substantially boost investment in agriculture, social sector, digital payments, infrastructure and employment generation while simultaneously sticking to the path of fiscal rectitude.

FM Jaitley proposes rationalisation of long term capital gains in latest Budget

Feb 01, 2018, at 08:27 pm

New Delhi, Feb 1 (IBNS): Union Finance and Corporate Affairs Minister, Arun Jaitley, in his Union Budget,  proposed to tax long term capital gains exceeding rupees one lakh at the rate of 10 per cent without allowing the benefit of any indexation.

Finance Minister Arun Jaitley to present Union Budget today

Feb 01, 2018, at 03:28 pm

New Delhi, Feb  1 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget at 11 am on Thursday.

Arun Jaitley to present Union Budget tomorrow, Indian companies hopeful

Feb 01, 2018, at 01:10 am

New Delhi, Jan 31 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget on Thursday even as many Indian companies are hopeful of measures by the finance minister that would boost industry.

Demonitisation has helped share of financial saving rise, says Economic Survey

Jan 30, 2018, at 12:54 am

New Delhi, Jan 29 (IBNS): The highlights of the Investment and Savings situation as brought out by Economic Survey 2017-18 tabled in Parliament today are as follows:

Economic Survey presented : GDP to grow 7-7.5 per cent in 2018-19

Jan 29, 2018, at 06:57 pm

New Delhi, Jan 29 (IBNS) : The government on Monday tabled in Parliament the Economic Survey of India which projected GDP growth between  7 and 7.5 per cent in  2018-19, reports said.

GST Council approves rate change for 29 goods, 53 categories of services

Jan 19, 2018, at 04:36 am

New Delhi, Jan 18 (IBNS): The Goods and Services Tax (GST) Council on Thursday approved a change in tax rates of 29 goods and 53 categories of services.

Cryptocurrency is not legal tender in India says Union Finance Minister Arun Jaitley

Jan 03, 2018, at 09:57 pm

New Delhi, Jan 3 (IBNS): Any cryptocurrency is not legal tender in India, Union Finance Minister Arun Jaitley said on Tuesday while replying to queries in the Rajya Sabha about the Central government's stand on the same. 

India's economy slowed down in 2016-17: Arun Jaitley tells Parliament

Dec 30, 2017, at 12:25 am

New Delhi, Dec 29 (IBNS): Union Finance Minister Arun Jaitley on Friday said India's  economy slowed down in the 2016-17 session.

Arun Jaitley holds his 7th pre-budget consultation meeting with bank representatives

Dec 16, 2017, at 05:02 am

New Delhi, Dec 15 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitley said that in order to strengthen the banks, which are the key pillars of the economy, the Central Government has decided to take a massive step to recapitalize the Public Sector Banks (PSBs) in a front-loaded manner.

Union Finance Minister Arun Jaitley holds his 5th Pre-Budget Consultation Meeting with the leading Economists

Dec 12, 2017, at 12:19 am

New Delhi, Dec 11 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitley said that despite subdued global economic growth.