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Arun Jaitley re-assigned Finance and Corporate Affairs portfolios

Feb 15, 2019, at 02:11 pm

New Delhi, Feb 15 (UNI) President Ram Nath Kovind, as advised by the Prime Minister, has directed to assign the portfolios of Minister of Finance and Minister of Corporate Affairs to Arun Jaitley, said a Rashtrapati Bhavan communiqué.

Budget: Action plan to eliminate Kala-Azar and Filariasis by 2017, Leprosy by 2018 and Measles by 2020

Feb 01, 2017, at 09:31 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 has prepared an action plan to eliminate Kala-Azar and Filariasis by 2017, Leprosy by 2018 and Measles by 2020.

Indirect, direct tax collection up despite demonetisation says Finance Minister Arun Jaitley

Jan 09, 2017, at 08:24 pm

New Delhi, Jan 9 (IBNS): Union Finance Arun Jaitley said on Monday that indirect and direct tax collection has gone up during the first three quarters of the current fiscal despite demonetisation in November, according to media reports.

Nobody should think that tax evasion is acceptable: Jaitley

Dec 27, 2016, at 01:27 am

New Delhi, Dec 26 (IBNS): Union Finance Minister Arun Jaitley said that there is an urgent need for change in mindset and India has to move towards a mindset of voluntary compliance.

Current Financial Year 2016-17 is not a conventional year as major reformative decisions have been taken: FM

Dec 21, 2016, at 01:30 am

New Delhi, Dec 20 (IBNS): Union Finance Minister Arun Jaitley said that the current Financial Year 2016-17 is not a conventional year as many major reformative decisions have been taken during the year.

Political parties have not been granted any exemption post demonetisation: Jaitley

Dec 18, 2016, at 04:53 am

New Delhi, Dec 17 (IBNS): Union Finance Minister Arun Jaitley on Saturday said political parties have not been granted any exemption post demonetisation.

Petrol,diesel purchase cheaper if bought by card: Jaitley

Dec 08, 2016, at 11:49 pm

New Delhi, Dec 8 (IBNS): Announcing new measures and explaining the purpose of demonetisation, Union Finance Minister Arun Jaitley on Thursday announced that the main purpose of the move declared by the Centre was to reduce cash transactions as much as possible.

Present govt has taken new initiative by setting-up a modern insolvency mechanism: FM

Nov 29, 2016, at 02:39 am

New Delhi, Nov 28 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitley said that the present Government has taken a new initiative by setting-up a modern insolvency mechanism based on the best practices in the world.

New series of Rs. 500 denomination notes introduced, withdrawal limits at ATMs increased

Nov 14, 2016, at 02:52 am

New Delhi, Nov 13 (IBNS): As new series of Rs. 500 denomination notes were introduced on Sunday, the Centre also directed banks to increase withdrawal limit from ATMs from Rs. 2000 to Rs. 2500 and exchange limit from Rs.4,000 to Rs. 4,500.

Finance Ministry reviews position on availability, distribution of all denomination of bank notes

Nov 14, 2016, at 02:25 am

New Delhi, Nov 13 (IBNS): The Union Finance Ministry on Sunday reviewed the position regarding availability and distribution of all denomination of bank notes in different parts and regions of the country.

Re-calibration of ATMs will be completed within 2 weeks: Arun Jaitley

Nov 12, 2016, at 09:52 pm

New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said re-calibration of ATMs will be completed in 2 weeks time.

Finance Ministry is continuously monitoring currency exchange: Jaitley

Nov 12, 2016, at 09:16 pm

New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said the Finance Ministry is continuously monitoring the currency exchange happening across the country.

Two-day Economic Editors' Conference begins in New Delhi

Nov 10, 2016, at 09:18 pm

New Delhi, Nov 10 (IBNS): Union Finance Minister Arun Jaitley inaugurated the two-day Economic Editors' Conference in New Delhi on Thursday.

No harassment for small depositors, scrapping of notes to have long term impact on economy : Arun Jaitley

Nov 10, 2016, at 05:48 pm

New Delhi, Nov 10 (IBNS) : As millions of people thronged across the banks in the country on Thursday to swap Rs. 500 and Rs. 1000 currencies, banned by the Government in a sudden and surprise move, Union Finance Minister Arun Jaitley assured that nobody will be harassed.

Uday Kotak, Gerry Grimstone calls on Arun Jaitley

Nov 08, 2016, at 01:04 am

New Delhi, Nov 7 (IBNS): The Co-Chairs of the India UK Financial Partnership (IUKFP), Uday Kotak and Sir Gerry Grimstone called on the Union Finance Minister Arun Jaitley in his office here on Monday to appraise him on progress of the partnership and presented the two most recent papers on ‘Financial Inclusion’ and ‘Responsible Shareholder Engagement – An Indian Stewardship Code’.

Arun Jaitley: GST rate finalised, with lowest at five per cent

Nov 03, 2016, at 11:12 pm

New Delhi, Nov 3 (IBNS): The Goods and Serivces Tax Council (GST Council), led by Union Finance Minister Arun Jaitley, fixed the GST rate structure on Thursday, according to media reports.

Better tax payer services key to direct tax reforms: Jaitley

Oct 25, 2016, at 01:31 am

New Delhi, Oct 24 (IBNS): Union Finance Minister Arun Jaitley said that better facilities and services to the taxpayers are the central to Direct Tax Reforms.

Black money worth Rs. 65,250 crore disclosed under Income Declaration Scheme : Arun Jaitley

Oct 01, 2016, at 09:55 pm

New Delhi, Oct 1 (IBNS) : The Income Declaration Scheme of the Centre has so far yielded disclosure of Rs 65,250 crore untaxed money, Union Finance Minister Arun Jaitley said on Saturday.

Rs 65,250 crore declared: Jaitley

Oct 01, 2016, at 09:36 pm

New Delhi, Oct 1 (IBNS): Indian Finance Minister Arun Jaitley on Saturday said under the centre's Income Declaration Scheme Rs. 65,250 crore, in black or untaxed money, has been disclosed so far.

Government is working on a target date of Apr 1 for the roll out of GST: Arun Jaitley

Sep 30, 2016, at 10:49 pm

New Delhi, Sept 30 (IBNS): Union Finance Minister Arun Jaitley said that the Government is working on a target date of Apr 1, 2017 for the roll out of the Goods and Services Tax (GST) in the country.

Indian benchmark indices trim gains but end positive on Friday

Sep 16, 2016, at 09:48 pm

Mumbai, Sep 16 (IBNS): The Indian markets ended Friday on positive note, with Sensex up 186.14 points at 28599.03 and Nifty up 37.30 points at 8779.8.

Finance Minister Jaitley says race is on to meet GST implementation target

Sep 07, 2016, at 08:21 pm

New Delhi, Sep 7 (IBNS): Union Finance Minister Arun Jaitley said on Wednesday that the government is running against time for implementation of the Goods and Services Tax (GST) but is determined to meet the deadline, according to media reports.

U.K. Secretary of State for International Trade calls on Jaitley

Aug 30, 2016, at 01:28 am

New Delhi, Aug 29 (IBNS): Union Finance Minister Arun Jaitley said that Government of India accords high priority to investment in infrastructure, manufacturing and service sectors.

Arun Jaitley congratulates new RBI Guv

Aug 21, 2016, at 04:07 am

New Delhi, Aug 20 (IBNS): Congratulating Urjit Patel, Union Finance Minister Arun Jaitley said he hopes that the new Reserve Bank of India Governor will successfully lead the bank and contribute to India's economic development.

GST will lower commodity prices : Arun Jaitley

Aug 04, 2016, at 06:50 pm

New Delhi, Aug 4 (IBNS) : A day after the Goods and Services Tax (GST) Bill was passed in the Rajya Sabha, Finance Minister Arun Jaitley said the new legislation will lower the price of commodities once implemented.

Rajya Sabha: GST Bill passed

Aug 04, 2016, at 03:14 am

New Delhi, Aug 3 (IBNS): In a landmark move, the Rajya Sabha on Wednesday passed the Goods and Services Tax Constitutional Amendment Bill which aims to bring in a uniform tax in the country.

Tax avoidance will be more difficult under GST:Jaitley

Aug 04, 2016, at 02:35 am

New Delhi, Aug 3 (IBNS): Highlighting that Goods and Services Tax (GST) Bill will eliminate the cascading effect of tax on tax, Union Finance Minister Arun Jaitley participated in a debate in the Rajya Sabha on Wednesday.

GST Bill in Rajya Sabha today

Aug 03, 2016, at 03:22 pm

New Delhi, Aug 3 (IBNS): In a significant move, the Centre is all set to table the 122nd Constitution Amendment Bill in the Rajya Sabha on Wednesday which will pave the way for the rolling out of the goods and services tax (GST) in the nation.

India has huge unmet demand for investment in infrastructure: Jaitley in Beijing

Jun 26, 2016, at 06:56 pm

Beijing, June 26 (IBNS): Union Finance Minister Arun Jaitley participated in the First Annual General Meeting of Asian Infrastructure Investment Bank (AIIB) held at Beijing in China on Saturday.

Rajan says no to second term as RBI Guv, speculations rife over his successor

Jun 19, 2016, at 03:30 pm

New Delhi, Jun 19 (IBNS): With Reserve Bank Of India (RBI) Governor Raghuram Rajan's term scheduled to end in September, speculations are rife on who will succeed him.