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GRAP 4 restrictions reimposed in Delhi as air quality dips to 'severe' category | 39 ministers included in Devendra Fadnavis-led Maharashtra cabinet | People who raise questions on EVMs should show how they can be hacked: TMC trashes Congress claims | Bangladesh likely to hold national polls in late 2025 or early 2026, says Yunus in Victory Day speech | Constitution stood test of time: Nirmala Sitharaman in Rajya Sabha | PM Museum requests Rahul Gandhi to return Pandit Nehru's historical letters | Indian tabla maestro Zakir Hussain dies at 73 in San Francisco, confirms family | Kolkata woman strangled, beheaded and chopped into pieces for refusing brother-in-law's advances | Arvind Kejriwal, CM Atishi to contest Delhi polls from current constituencies | Atul Subhash suicide case: Wife Nikita, her mother and brother arrested

Indian market recovers after a sharp fall on Thursday following LTCG tax announcement in Union Budget

Feb 01, 2018, at 07:16 pm

New Delhi/Mumbai, Feb 1 (IBNS): The Indian market has managed to recover from a sharp fall on Thursday, according to afternoon market reports.

GST Council recommends changes to ease burden of small and medium businesses

Oct 07, 2017, at 05:56 pm

New Delhi, Oct 7 (IBNS): The Goods and Services Tax (GST) Council, in its 22nd Meeting in New Delhi, under the chairmanship of the Union Minister of Finance and Corporate Affairs, Arun Jaitley, has recommended changes to ease the burden of compliance on small and medium businesses, according to media reports on Saturday.

Union Finance Minister Arun Jaitley to chair 17th GST Council meeting in New Delhi

Jun 15, 2017, at 08:23 pm

New Delhi, Jun 15 (IBNS): The 17th meeting of the Goods and Services Tax Council (GST Council) will be held on Sunday, June 18, and will be chaired by Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley .

Without multiple tax rates, GST will be regressive: Arun Jaitley

Mar 30, 2017, at 02:23 am

New Delhi, Mar 29 (IBNS): Countering the questions raised by opposition in Lok Sabha, Union Finance Minister Arun Jaitley said that the Goods and Services Tax bill will be regressive without multiple tax rates, on Wednesday.

Adhaar will help to stop tax evasion: Arun Jaitley

Mar 23, 2017, at 12:30 am

New Delhi, Mar 22 (IBNS): Union Finance Minister Arun Jaitley said that the new law of making Adhaar card mandatory for filing income tax returns will help to stop tax evasion, in Lok Sabha on Wednesday.

Jaitley to present union budget, no postponement owing to MP demise

Feb 01, 2017, at 04:56 pm

New Delhi, Feb 1 (IBNS): Indian Finance Minister Arun Jaitley would present the Union Budget 2017 at 11 am on Wednesday after initial confusion on whether it would be postponed owing to the death of a lawmaker.

Millions in India queue up to swap currencies, banks cope with demonetization

Nov 11, 2016, at 05:00 am

New Delhi, Nov 10 (IBNS) : Millions of people thronged across the banks in the country on Thursday to swap Rs. 500 and Rs. 1000 currencies, banned by the Modi government in a surprise move to curb black money, even as Union Finance Minister Arun Jaitley assured that nobody will be harassed as he slammed the opposition parties that criticised the action to crack down on corruption.

Govt's decision on demonetization has been welcomed by citizens: Jaitley

Nov 09, 2016, at 10:25 pm

New Delhi, Nov 9 (IBNS): Union Finance Minister Arun Jaitley said the move to discontinue with Rs 1000 and Rs 500 currency notes has been welcomed widely by citizens.

Raghuram Rajan meets Arun Jaitley

Aug 06, 2016, at 01:26 am

New Delhi, Aug 5 (IBNS): Reserve Bank of India (RBI) Governor Raghuram Rajan met Union Finance Minister Arun Jaitley on Friday.

RBI Governor Raghuram Rajan meets Arun Jaitley

Jun 30, 2016, at 05:17 pm

New Delhi, June 30 (IBNS) Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday met Union Finance Minister Arun Jaitley in the national capital, fuelling some speculations since Rajan had earlier announced not to seek a second term amid an attack on him by BJP MP Subramanian Swamy.

Raghuram Rajan's successor will be announced soon: Jaitley

Jun 19, 2016, at 12:49 am

New Delhi, June 18 (IBNS): Union Finance Minister Arun Jaitley on Saturday announced that Reserve Bank of India Governor Raghuram Rajan's successor will be announced soon.

EPF interest rate increased to 8.8%

Apr 29, 2016, at 11:22 pm

New Delhi, Apr 29 (IBNS) In a major move, the government on Friday decided to increase interest rate on provident fund deposits to from 8.7 per cent to 8.8 per cent as was thought earlier.

IMF, India to set-up SARTTAC in Delhi

Mar 12, 2016, at 08:30 pm

New Delhi, Mar 12 (IBNS) Union Finance Minister Arun Jaitley and Christine Lagarde, Managing Director, International Monetary Fund (IMF) signed a Memorandum of Understanding here on Saturday to establish a capacity development center in the national capital.

Finance Minister Jaitley rolls back EPF Tax

Mar 08, 2016, at 06:05 pm

New Delhi, Mar 8 (IBNS): Union Finance Minister Arun Jaitley on Tuesday announced in Parliament to roll back the tax on Provident Fund to be withdrawn as was envisaged in the Union Budget 2016.

PM tells Jaitley to review EPF proposal?

Mar 06, 2016, at 04:59 am

New Delhi, Mar 5 (IBNS): Prime Minister Narendra Modi has directed Union Finance Minister Arun Jaitley to examine the Employees' Provident Fund or EPF tax in details, media reports said.

Union Budget: With digital literacy,financial literacy should have been clubbed, says AISECT

Mar 03, 2016, at 02:14 am

New Delhi, Mar 2 (IBNS): In response to the allocations for the Banking and Financial Inclusion sectors in Arun Jaitley's Union Budget 2016-17, Abhishek Pandit, Director-Business Services, AISECT, has said that along with digital literacy, financial literacy should also have been clubbed.

Govt has made affordable housing national agenda: MB Infrabuild

Mar 01, 2016, at 05:05 am

New Delhi, Feb 29 (IBNS): Simarjit Bhogal, Snr Consultant, MB Infrabuild Pvt Ltd, on Monday said Arun Jaitley's Union Budget has made affordable housing a national agenda with a mandate of 22 million homes by 2022.

Budget 2016-17 has a few very good positive points: Vadilal Industries

Mar 01, 2016, at 04:29 am

New Delhi, Feb 29 (IBNS): Devanshu Gandhi, MD, Vadilal Industries Ltd, on Monday said Arun Jaitley's Budget 2016-17 has a few very good positive points.

Budget promotes affordable housing: NAREDCO

Mar 01, 2016, at 04:18 am

New Delhi, Feb 29 (IBNS): National Real Estate Development Council (NAREDCO) welcomed the Budget as growth-oriented which will provide impetus to agriculture, infrastructure and rural sector development.

Power2SME says Budget 2016-17 laid emphasis on job creation

Mar 01, 2016, at 04:01 am

New Delhi, Feb 29 (IBNS): R Narayan, Founder and CEO, Power2SME, on Monday said Budget 2016-17 laid special emphasis on job creation and outlined measures to facilitate ease of doing business.

Budget 2016-17 has set direction for inclusive growth: Symphony

Mar 01, 2016, at 03:32 am

New Delhi, Feb 29 (IBNS): Achal Bakeri, CMD, Symphony Ltd on Monday said Union Finance Minister Arun Jaitley's budget 2016-17 has set the direction for a balanced and inclusive growth.

ITC Chairman lauds Jaitley's union budget

Mar 01, 2016, at 03:12 am

New Delhi, Feb 29 (IBNS): Y C Deveshwar, Chairman ITC, on Monday complimented Union Finance Minister Arun Jaitley for presenting a Budget that addresses several issues of structural transformation amidst a very challenging global scenario.

Budget 2016-17 seems promising for India's youth: NSDC

Mar 01, 2016, at 03:01 am

New Delhi, Feb 29 (IBNS): S Ramadorai, Chairman, National Skill Development Agency (NSDA) and National Skill Development Corporation (NSDC) on Monday said Arun Jaitley's Budget 2016-17 seems promising for India's youth.

Mahindra Lifespaces hails Union Budget for focussing on Affordable Housing segment

Mar 01, 2016, at 03:00 am

New Delhi, Feb 29 (IBNS): Sriram Mahadevan, Business Head-Happinest, Mahindra Lifespaces said it is heartening to note how the government has taken cognizance of the importance of the Affordable Housing segment towards making ‘Housing For All by 2022’ a possibility in the Union Budget 2016-17.

Pawan Goenka of M&M Ltd welcomes union budget

Mar 01, 2016, at 02:46 am

New Delhi, Feb 29 (IBNS): Pawan Goenka, Executive Director, M&M Ltd, welcomes the Arun Jaitley's union budget for it's strong emphasis on agriculture, rural economy, infrastructure and social sector.

BCC&I gives Jaitley 6/10 for Union Budget 2016-17

Mar 01, 2016, at 02:25 am

Kolkata, New Delhi, Feb 29 (IBNS): The Bengal Chamber gave Union Finance Minister Arun Jaitley a 6/10 for presenting a pro agriculture and socially tempered budget, with robust outlays for infrastructure, agriculture, rural and socio-economic schemes.

Murugappa Group praises Union Budget's impetus to agriculture sector

Mar 01, 2016, at 01:29 am

New Delhi, Feb 29 (IBNS): A Vellayan, Executive Chairman, Murugappa Group on Monday praised Union Finance Minister Arun Jaitley's attempt to present a Union Budget that will give impetus to the agriculture sector, while maintaining fiscal discipline.

The 2016 Budget is commendable: VentureNursery

Feb 29, 2016, at 11:16 pm

New Delhi, Feb 29 (IBNS): Ravi Kiran, angel investor and Co-Founder, VentureNursery, on Monday called the Union Budget presented by Finance Minister Arun Jaitley as 'commendable'.

Union Budget 2016: Measures proposed for affordable housing

Feb 29, 2016, at 10:19 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, proposed 100% deduction for profits to an undertaking from a housing project for flats up to 30 sq. metres in four metro cities and 60 sq. metres in other cities, approved during June 2016 to March 2019, and is completed within three years of the approval.

Union Budget 2016: Proposed reforms in FDI policy

Feb 29, 2016, at 10:05 pm

New Delhi, Feb 29 (IBNS) Union Finance Minister Arun Jaitley, while presenting the Union Budget 2016 on Monday, said reforms in foreign direct investment (FDI) policy in areas of insurance and pensions, asset reconstruction companies and stock exchanges have been proposed.