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Azerbaijan Airlines passenger plane enroute to Russia with over 70 people onboard crashes in Kazakhstan | Atishi will be arrested in fake case, claims Arvind Kejriwal after Delhi govt disowns health and women's schemes | Delhi govt departments disown Arvind Kejriwal's major poll promises, AAP chief reacts | 'Our nation will always be grateful to him': PM Modi writes article in tribute to Atal Bihari Vajpayee on his birth centenary | Syria: Christmas tree set on fire by suspected 'Islamists', Christians protest | Pakistan strikes TTP camps in Afghanistan, Taliban government claims civilians killed | Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US

FM Arun Jaitley holds his Fourth Pre Budget Consultation Meeting for Union Budget 2018-19 with the Stakeholders across Social Sector Organizations

Dec 07, 2017, at 12:55 am

New Delhi, Dec 6 (IBNS): Union Minister of Finance and Corporate Affairs Arun Jaitley on Wednesday held consultations with the representatives from more than twenty Social Sector Stakeholder organizations.

Arun Jaitley meets Singapore PM, discuss strategic partnerships between two countries

Nov 16, 2017, at 07:16 pm

Singapore/New Delhi, Nov 16 (IBNS): India's Finance Minister Arun Jaitley called on Prime Minister of Singapore Lee Hsien Loong, according to media reports on Thursday.

GST Council reduces tax rate on 177 items from 28 per cent to 18 per cent

Nov 10, 2017, at 11:55 pm

Guwahati, Nov 10 (IBNS): The Goods and Services Tax (GST) Council on Friday decided to reduce the tax rate on 177 items from 28 per cent to 18 per cent offering major relief to the consumers and businessmen.

Chanda Kochhar receives award from Arun Jaitley, Dharmendra Pradhan

Nov 10, 2017, at 03:40 am

New Delhi, Nov 9 (IBNS): ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of the ICICI Group, was awarded by the Ministry of Skill Development and Entrepreneurship at the National Entrepreneurship Awards in New Delhi on Thursday.

'Historic' jump in Doing Business rankings is outcome of Team India's push for multi-sectoral reform, says PM Modi

Nov 01, 2017, at 07:46 pm

New Delhi, Nov 1 (IBNS): Prime Minister Narendra Modi has hailed the country's progress after India registered the highest ever improvement of 30 ranks, going from 130 to 100, in the World Bank's ease of doing business rankings, according to media reports.

Agriculture and industry shall be looked at as two eyes of our economy: Vice President

Oct 29, 2017, at 02:59 am

New Delhi, Oct 28 (IBNS): Vice President of India M. Venkaiah Naidu has said that Agriculture and industry shall be looked at as the two eyes of our economy.

Fundamentals of the Indian economy is strong: Jaitley

Oct 24, 2017, at 10:39 pm

Mumbai, Oct 24 (IBNS): Union Finance Minister Arun Jaitley on Tuesday said the fundamentals of the Indian economy is strong.

Govt waives penalty for late filing of GST returns in Aug and Sep

Oct 24, 2017, at 07:12 pm

New Delhi, Oct 24 (IBNS): The Central government has waived off penalty on delayed filing of initial Goods and Services Tax (GST) returns for months of August and September.

July GST collections stands at Rs 92,000 crore: Arun Jaitley

Aug 30, 2017, at 01:49 am

New Delhi, Aug 29 (IBNS): Union Finance Minister Arun Jaitley on Tuesday announced that total revenue of GST paid under different heads upto Aug 29 was Rs.92,283 crore.

FM Arun Jaitley inaugurates the National Conference on Insolvency and Bankruptcy :Changing Paragdigm in Mumbai

Aug 19, 2017, at 10:56 pm

Mumbai, Aug 19 (IBNS): Union Minister of Finance, Defence and Corporate Affairs, Arun Jaitley said that since the Insolvency and Bankruptcy code has been implemented a few months back, this has changed the debtor and creditor relationship.

Privacy cannot be made an excuse for evading tax payments: Jaitley

Jul 25, 2017, at 03:17 am

New Delhi, July 24 (IBNS): Union Finance Minister Arun Jaitley on Monday said privacy cannot be made an excuse for evading tax payments.

FM launches a new tax payer service module ‘Aaykar Setu’

Jul 11, 2017, at 12:05 am

New Delhi, July 10 (IBNS): A new tax payer service module ‘Aaykar Setu’, was launched here today by Union Finance Minister Arun Jaitley.

GST on fertilizer reduced from 12pct to 5 pct, says govt

Jul 01, 2017, at 02:59 am

New Delhi, June 30 (IBNS): In a major decision, the government on Friday decided to reduce fertilizers from 12% to 5% & on exclusive parts of tractors from 28% to 18%.

Connecting rural India with high-speed mobile broadband to become reality soon?

Jun 24, 2017, at 02:46 am

New Delhi, June 23 (IBNS): It is widely acknowledged that the Internet has the potential to change human psyche, and act as a proactive catalyst for economic growth.

Arun Jaitley calls upon Moon Jae-in of Republic of Korea

Jun 16, 2017, at 09:39 pm

New Delhi, June 16 (IBNS): Minister of Finance, Corporate Affairs and Defence Arun Jaitley met H.E. President Moon Jae-in of the Republic of Korea on Thursday.

Jaitley reaches Seoul, co-chaires Fifth India-Korea Financial Dialogue

Jun 15, 2017, at 02:05 am

Seoul, June 14 (IBNS): On the first leg of his 4-day official visit to Republic of Korea, Union Minister for Finance, Corporate Affairs and Defence, Arun Jaitley arrived in Seoul, capital of Republic of Korea on Wednesday.

Arun Jaitley meets heads of PSB to review bad loans and other overall functioning

Jun 12, 2017, at 06:51 pm

New Delhi, Jun 12 (IBNS): Union Finance Minister Arun Jaitley met the heads of Public Sector Banks in India for a review meeting on Monday, according to media reports.

Jaitley launches common landing webpage of the Ministry of Finance and the mobile format friendly new website

Jun 03, 2017, at 01:36 am

New Delhi, June 2 (IBNS): Union Minister for Finance, Defence and Corporate Affairs Arun Jaitley, launched here on Friday a common landing webpage of the Ministry of Finance, www.finmin.nic.in – which provides a single point access to all the websites of the five different Departments under the Ministry.

Government restored the credibility of Indian economy: Jaitley

Jun 02, 2017, at 02:56 am

New Delhi, June 1 (IBNS): Union Minster of Finance, Defence and Corporate Affairs, Arun Jaitley said that after the present NDA Government came to power in May, 2014, it has been able to restore the credibility of the Indian economy which was at its lowest ebb due to serious charges of corruption and indecisiveness during the earlier UPA regime.

Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime

Jun 01, 2017, at 02:34 am

New Delhi, May 31 (IBNS) The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India, has requested the Union Finance Ministry to maintain the current excise duty cost advantage of recycled PSF vis-à-vis virgin PSF, while finalising the GST rates.

West Bengal government asks other states to support their objections related to GST roll out

Jun 01, 2017, at 12:21 am

Kolkata, May 31 (IBNS): Ahead of the Goods and Services Tax (GST) Council meet in early June, state finance minister Amit Mitra, not only expressed the West Bengal government's objections to some of the provisions of the GST on Wednesday, but also urged other states to lend support to them, according to media reports.

Four different rates of GST taxes, no price push up : Arun Jatiley

May 19, 2017, at 10:30 pm

New Delhi, May 19 (IBNS) : Union Finance Minister Arun Jatiley on Friday announced the Goods and Services Tax rates to be effective from July 1, while assuring that they will not push up prices.

Arun Jaitley chairs GST Council meeting, GST rates for goods and GST Compensation Cess approved

May 19, 2017, at 09:26 pm

New Delhi, May 19 (IBNS): The 14th Goods and Services Tax (GST) Council Meeting, chaired by Union Minister of Finance Arun Jaitley was held at Srinagar, Jammu and Kashmir on Thursday where GST rates for goods and GST Compensation Cess were approved.

GST Council decides rates of 1,211 items, exempts milk and cereals

May 19, 2017, at 02:43 am

Srinagar, May 18 (IBNS): The Goods and Services Tax (GST) Council on Thursday decided the rate of 1, 211 items and exempted milk and cereals from tax structures, according to media reports.

Arun Jaitley holds bilateral meeting with his US counterpart

Apr 23, 2017, at 06:13 pm

Washington, Apr 23 (IBNS): On the sidelines of the Spring Meetings of the World Bank and IMF, Finance Minister Arun Jaitley held a bilateral meeting with his US counterpart and the US Treasury Secretary, Steven Mnuchin in Washington D.C. on Saturday.

Jaitley calls for enhanced surveillance by the IMF to address rising vulnerabilities in global monetary

Apr 23, 2017, at 06:02 pm

Washington, Apr 23 (IBNS): Union Minister of Finance, Defence and Corporate Affairs of India, Arun Jaitley participated in the Restricted Session of the International Monetary and Finance Committee (IMFC) and the Plenary Session of World Economic Leaders (IMFC Plenary) in Washington D.C. on Saturday.

Jaitley holds bilateral meeting with Finance Ministers of Indonesia and Australia in Washington D.C

Apr 22, 2017, at 09:40 pm

Washington, Apr 22 (IBNS) On the sidelines of the Spring Meetings of World Bank and IMF, Finance Minister Arun Jaitley held separate bilateral meetings with the Finance Ministers of Indonesia and Australia in Washington D.C. on Friday and discussed areas of mutual collaboration and commonality of their positions in various multilateral fora.

Arun Jaitley participates in G-20 Finance Ministers’ and Central Bank Governors’ Meeting in Washington D.C

Apr 22, 2017, at 09:29 pm

Washington, Apr 22 (IBNS): Union Finance Minister Arun Jaitley said that the emerging economies have become increasingly important, accounting for more than 75 percent of global growth.

Union Finance Minister holds a bilateral meeting with the US Commerce Secretary

Apr 22, 2017, at 01:41 am

New Delhi, Apr 21 (IBNS) Union Finance Minister Arun Jaitley held a bilateral meeting with the US Commerce Secretary Wilbur Ross in Washington DC on Apr 20 , 2017.

Arun Jaitley to attend World Bank and IMF meetings in the US

Apr 18, 2017, at 08:43 pm

New Delhi, Apr 18 (IBNS): Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley, will leave on a five-day official visit to the US on Wednesday to participate in the Spring Meetings of the World Bank and International Monetary Fund (IMF).