India and the UK announce joint UK-India Fund, Green Growth Equity Fund
Apr 05, 2017, at 06:58 pm
New Delhi, Apr 5 (IBNS): The Union Ministry of Finance announced on Wednesday that India and the UK have launched an Early Market Engagement for the joint UK-India Fund.
Government to focus on building infrastructure, rural development: Jaitley
Mar 22, 2017, at 11:25 pm
New Delhi, Mar 22 (IBNS): Union Minister of Finance, Defence and Corporate Affairs Arun Jaitley on Wednesday said that the Government would focus on two important areas including building infrastructure on war footing and substantial expenditure on development of rural India.
Jaitley releases the Revised General Financial Rules (GFR) 2017
Mar 08, 2017, at 12:50 am
New Delhi, Mar 7 (IBNS); Union Finance Minister Arun Jaitley said since this time, the Finance Bill would be passed by the Parliament before the Mar 31, 2017, therefore, the different Ministries should be in a stage of readiness as the funds for various schemes would be available with effect from Apr 1.
GST rollout likely by July 1, says Jaitley
Mar 04, 2017, at 11:15 pm
New Delhi, Mar 4 (IBNS): In a major announcement, Union Finance Minister Arun Jaitley on Saturday said Goods and Service Tax Council has cleared the Central GST (C-GST) and Integrated GST (I-GST) laws.
GST Council likely to finalise draft model GST law on Saturday
Feb 18, 2017, at 08:34 pm
Udaipur, Feb 18 (IBNS): The Goods and Services Tax (GST) Council is meeting in Udaipur on Saturday where the model GST law draft is expected to be finalised according to media reports.
UBI may be launch as a pilot says Finance Minister
Feb 10, 2017, at 09:41 pm
New Delhi, Feb 10 (IBNS): Extoling virtues of the Universal Basic Income, Finance Minister Arun Jaitley on Friday said at ASSOCHAM event at least one state is willing to take a plunge and launch a pilot on the scheme, proposed by the Economic Survey.
Budget: Political Parties cannot receive donation above Rs. 2,000 in cash from one person
Feb 02, 2017, at 12:30 am
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitely while presenting the General Budget 2017-18 in Parliament on Wednesday said that the political party can receive maximum donation up to Rs. 2,000 in cash from one person.
Business like budget; high on reforms, rural demand & infra: ASSOCHAM
Feb 02, 2017, at 12:24 am
New Delhi, Feb 1 (IBNS): Apex industry body ASSOCHAM today congratulated Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley for giving a truly workman and business-like Budget, with a great focus on rural economy, small and medium enterprises, small income tax payers and importantly bringing reforms in political funding.
Budget: Allocation for welfare of SC, ST and Minorities to be enhanced
Feb 02, 2017, at 12:19 am
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament on Wednesday said that the Government is giving special importance to implementation of the Schemes for welfare of Scheduled Castes, Scheduled Tribes and Minorities.
Budget: Mahila Shakti Kendra will be set-up at village level
Feb 01, 2017, at 11:54 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament on Wednesday said that Mahila Shakti Kendra will be set-up at village level with an allocation of Rs. 500 crores in 14 lakh ICDS Anganwadi Centres.
Feb 01, 2017, at 11:43 pm
New Delhi, Feb 1 (IBNS): Kushal Nahata, CEO and Co-founder FarEye, Logistics Technology Solutions provider said the Railways’ plan to implement integrated transport solution said the move of Railways to implement integrated transport solution with logistics players is a big leap in providing visibility to large consumers of agricultural products.
Feb 01, 2017, at 11:42 pm
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley reduced the rate of taxation from existing 10 per cent to 5 per cent for individual assesses between income of Rs 2.5 lakhs to Rs 5 lakhs.
Finance Minister announces measures for promoting affordable housing and real estate sector
Feb 01, 2017, at 11:25 pm
New Delhi, Feb 1 (IBNS): Making the Scheme for profit-linked income tax exemption for promoters of affordable housing scheme announced last year more attractive, Union Finance Minister Arun Jaitley proposed a number of changes while presenting the General Budget 2016-17 in Lok Sabha on Wednesday.
Budget: Allocation for welfare of women and children increased
Feb 01, 2017, at 11:11 pm
New Delhi, Feb 1 (IBNS): For the welfare of Women and Children under various schemes across all Ministries the Union Minister for Finance and Corporate Affairs, Arun Jaitley in his budget speech on Wednesday said that the allocation has been increased from Rs 1,56,528 crores in BE 2016-17 to Rs 1,84,632 crores in 2017-18.
Feb 01, 2017, at 10:49 pm
GST Council has finalised its recommendations on almost all the issues based on consensus, says FM in his Budget Speech
Indian market ended higher on Wednesday, Union Budget 2017 futuristic says PM Modi
Feb 01, 2017, at 10:27 pm
Mumbai, Feb 1 (IBNS): The Indian market ended higher on Wednesday following the presentation of the Union Budget 2017 by Finance Minister Arun Jaitley.
“SWAYAM†Platform will be launched to leverage Information Technology
Feb 01, 2017, at 10:26 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament on Wednesday said that the Government proposes to leverage information technology and launch SWAYAM Platform with at least 350 online courses.
Thomas Cook looking forward to Centre's plan to launch Incredible India 2.0
Feb 01, 2017, at 10:25 pm
Mumbai, Feb 1 (IBNS): Tour operator Thomas Cook has said the Union Budget presented by the Centre on Wednesday has very little to offer to the tourism industry.
Budget: Reforms will be undertaken in UGC
Feb 01, 2017, at 10:13 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament today said that in higher education, the Government will undertake reforms in the UGC.
Budget:Innovative fund for secondary education to encourage local innovation
Feb 01, 2017, at 10:08 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today proposed to create innovative fund for secondary education for ensuring universal access, gender parity and quality improvement.
Budget: System of measuring Annual Learning Outcome will be introduced
Feb 01, 2017, at 10:06 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today proposed to introduce a system of measuring annual learning outcome in our schools.
Feb 01, 2017, at 09:39 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament on Wednesday said that the Government is keen on fostering a conducive labour environment wherein labour rights are protected and harmonious labour relations lead to higher productivity.
Budget: Next phase of strive to be launched at a cost of Rs. 2200 crore
Feb 01, 2017, at 09:28 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament on Wednesday said that the Government proposes to launch the next phase of Skill Strengthening for Industrial Value Enhancement (STRIVE) in the next financial year 2017-18.at a cost of Rs.2200 crore.
Budget: Pradhan Mantri Kaushal Kendras to be extended to all over the country
Feb 01, 2017, at 09:23 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament today said that the Government proposes to extend the number of Pradhan Mantri Kaushal Kendras from current 60 to cover more than 600 districts across the country.
Budget: Govt proposes to establish National Testing Agency
Feb 01, 2017, at 09:21 pm
New Delhi, Feb 1 (IBNS): Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today said that the Government proposes to establish a National Testing Agency as an autonomous and self-sustained premier testing organization to conduct all entrance examinations for higher education institutions.
Feb 01, 2017, at 09:19 pm
New Delhi, Feb 1 (IBNS): The government on Wednesday said with a better monsoon, agriculture is expected to grow at 4.1% in the current year i.e.2016-17 as the total area sown under kharif and rabi seasons are higher than the previous year.
Budget 2017: Anti-graft and rationalisation measures announced in the field of income tax
Feb 01, 2017, at 08:30 pm
New Delhi, Feb 1 (IBNS): The present burden of taxation is mainly on honest tax payers and salaried employees who are showing their income correctly, said Union Minister for Finance and Corporate Affairs Arun Jaitley while presenting the General Budget 2017-18 in Parliament on Wednesday.
Budget 2017: No cash transaction above Rs three lakhs proposed
Feb 01, 2017, at 08:15 pm
New Delhi, Feb 1 (IBNS): Union Minister Arun Jaitley in his Budget 2017 speech on Wednesday said that the Government has decided that no transaction above rupees three lakh will be permitted in cash.
Budget 2017: Demonetisation will lead to bigger, cleaner and real GDP, says Finance Minister Jaitley
Feb 01, 2017, at 07:59 pm
New Delhi, Feb 1 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitley, during his Budget 2017 speech, said that the Goods and Services Tax (GST) will spur growth, competitiveness, and greater transparency in economy.
Budget 2017: New law to freeze assets of offenders who flee, bad news for Mallya
Feb 01, 2017, at 06:12 pm
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley, while presenting the Budget 2017 on Wednesday, said that the government proposes to freeze the assets of offenders who flee the country, according to media reports.