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Arun Jaitley

Finance Minister Speaks Out on Crucial GST Council Meeting!

Finance Minister Speaks Out on Crucial GST Council Meeting!

Tue, Aug 27, 2024

News quoting sources. Finance Minister's statement on GST meeting. The report of the officers will be presented in the GST Council meeting. A report will come on rate rationalization of 12,000 items. After the GST Council, there will be a meeting of Ministers GOM. Know complete details in this video.

Intention of Centre to levy GST on petrol, diesel; states will have to decide on rate: Finance Minister

Intention of Centre to levy GST on petrol, diesel; states will have to decide on rate: Finance Minister

Sat, Jun 22, 2024

She said a provision has already been made by former Finance Minister Arun Jaitley by including petrol and diesel into GST law. What is remaining is for the states to come together to discuss and decide on the rate of the levy.

Arun Jaitely 70th birth anniversary: A peek into the life of BJP's original Chanakya and trouble-shooter

Arun Jaitely 70th birth anniversary: A peek into the life of BJP's original Chanakya and trouble-shooter

Wed, Dec 28, 2022

Arun Jaitely 70th birth anniversary: Several ministers, such as Nirmala Sitharaman, Piyush Goyal and Dharmendra Pradhan, are believed to have been his proteges.

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Second excise duty cut under Modi reign; consumers rejoice as petrol, diesel prices cut, but this is how much govt will lose

Second excise duty cut under Modi reign; consumers rejoice as petrol, diesel prices cut, but this is how much govt will lose

Thu, Oct 04, 2018

Modi government announced a cut in excise duty by Rs 1.50 and OMCs will absorb another Re 1, therefore, a total of Rs 2.50 will be cut in both petrol and duty prices

Petrol, diesel prices cut by as much as Rs 5; see what Arun Jaitley said

Petrol, diesel prices cut by as much as Rs 5; see what Arun Jaitley said

Thu, Oct 04, 2018

Finance Minister Arun Jaitley today announced a Rs 2.50 a litre cut in petrol and diesel prices, factoring in excise duty reduction of Rs 1.50 per litre and asking oil companies to absorb another Re 1. He also asked state governments to follow suit by cutting a sales tax or VAT by a similar amou

Gross direct tax collection grows 16.7 pc to Rs 5.47 lakh cr in Apr-Sept

Gross direct tax collection grows 16.7 pc to Rs 5.47 lakh cr in Apr-Sept

Thu, Oct 04, 2018

On Thursday, Finance Minister said that the gross direct tax collection in the first six months of the financial year grew 16.7 per cent to Rs 5.47 lakh crore.

Unbelievable, but petrol, diesel prices can fall by Rs 5! However, there is a catch! Modi govt not to interfere

Unbelievable, but petrol, diesel prices can fall by Rs 5! However, there is a catch! Modi govt not to interfere

Thu, Oct 04, 2018

Petrol price hike: Arun Jaitley said that Modi government cannot force a decision on the states and that they are free to take any decision they choose.

Bank crisis: Arun Jaitley defends loan write-offs by public sector banks, says it helps lenders

Bank crisis: Arun Jaitley defends loan write-offs by public sector banks, says it helps lenders

Mon, Oct 01, 2018

Finance Minister Arun Jaitley Monday defended loan write-offs by public sector banks, saying they do not lead to loan waivers and the exercise helps lenders clean up their balance sheets and achieve taxation efficiency.

Maharashtra agri task force urges Arun Jaitley for bailout package for farmers

Maharashtra agri task force urges Arun Jaitley for bailout package for farmers

Sun, Sep 30, 2018

Union Finance Minister Arun Jaitley must intervene and grant a special bailout package for farmers to bring them under institutional credit cover, Kishore Tiwari, chairman of a task force set up to tackle Maharashtra's agrarian issues said Sunday.

Finance Ministry's next plan: Contactless banking for MSMEs; Details here

Finance Ministry's next plan: Contactless banking for MSMEs; Details here

Sun, Sep 30, 2018

In a bid to bolster credit growth, the Finance Ministry is planning to expand the scope of the recently launched portal that enables MSMEs to obtain a loan of up to Rs 1 crore within an hour, a senior official said.

Trade war will help India emerge as bigger trading, manufacturing base: Arun Jaitley

Trade war will help India emerge as bigger trading, manufacturing base: Arun Jaitley

Sat, Sep 29, 2018

Finance Minister Arun Jaitley Friday said the ongoing global trade war may have created "initial instability", but will gradually open up opportunities for India to emerge as a bigger trading and manufacturing base.

Centre set to meet fiscal deficit target, but this spend faces axe

Centre set to meet fiscal deficit target, but this spend faces axe

Wed, Sep 26, 2018

Finance minister Arun Jaitley may be confident of meeting the fiscal deficit target of 3.3% of GDP this fiscal to please global credit rating agencies, but it may lead to contraction of public capital expenditure, which is already low in GDP terms when compared to the previous year, fear experts.

Fear forcing defaulters to pay, says Arun Jaitley; he explains why

Fear forcing defaulters to pay, says Arun Jaitley; he explains why

Wed, Sep 26, 2018

Non-performing assets (NPAs) of the government-run banks are on a decline as the recoveries of the loans have picked up, finance minister Arun Jaitley said after chairing a review meeting of the public sector banks (PSBs) in the national capital on Tuesday.

Arun Jaitley: Indian economy to grow at 8%

Arun Jaitley: Indian economy to grow at 8%

Tue, Sep 25, 2018

Finance Minister Arun Jaitley on Tuesday said the new insolvency law, indirect tax regime and demonetization will help drive India`s growth rate and sustain it at 8 per cent .

FM Arun Jaitley to meet PSU banks chiefs tomorrow; to review financial performance

FM Arun Jaitley to meet PSU banks chiefs tomorrow; to review financial performance

Mon, Sep 24, 2018

Arun Jaitley will meet the heads of public sectors banks tomorrow as part of the annual financial performance review exercise. The meeting is expected to discuss a host of issues, including progress made with regard to reduction in non-performing assets, sources said.

Forget Bank of Baroda, Vijaya Bank, Dena Bank merger, Modi govt targets these lenders now

Forget Bank of Baroda, Vijaya Bank, Dena Bank merger, Modi govt targets these lenders now

Mon, Sep 24, 2018

The Centre has now started the consolidation of regional rural banks (RRBs) along with the public sector lenders (PSBs).

Market crash feared, now, FM Arun Jaitley surprises with liquidity announcement

Market crash feared, now, FM Arun Jaitley surprises with liquidity announcement

Mon, Sep 24, 2018

After the Reserve Bank of India and market watchdog Sebi announcements to the effect that they are watching the financial markets and will step in if things get worse, it was the turn of FM Arun Jaitley to surprise all by making an announcement before the markets opened today.

Modi orders meet on economy at 6.30 PM today; momentous announcement expected

Modi orders meet on economy at 6.30 PM today; momentous announcement expected

Fri, Sep 14, 2018

Modi is going to discuss economic risks that have emerged in current scenario with rupee and fuel prices topping the agenda.

Vijay Mallya shocks, says met Arun Jaitley before leaving India

Vijay Mallya shocks, says met Arun Jaitley before leaving India

Wed, Sep 12, 2018

Belaguered business baron Vijay Mallya made startling claims that he had met Arun Jaitley for settlement of his case before leaving the country. Finance Minister has however, denied any meeting between him and Mallya.

Vijay Mallya says he met Arun Jaitley before leaving India; FM denies

Vijay Mallya says he met Arun Jaitley before leaving India; FM denies

Wed, Sep 12, 2018

"I left India because I had a scheduled meeting in Geneva. Before leaving I met the finance minister and offered to settle (the issue with the banks), Mallya said, without naming the minister.

Petrol, diesel continues to boil; this is why govt needs to cut excise duty

Petrol, diesel continues to boil; this is why govt needs to cut excise duty

Mon, Sep 10, 2018

Finance Minister Arun Jaitley gave a non-committal speech on trimming excise duty as a move to cushion fuel prices.

Arun Jaitley: Global factors behind rupee fall, no need for knee-jerk reaction

Arun Jaitley: Global factors behind rupee fall, no need for knee-jerk reaction

Thu, Sep 06, 2018

Finance Minister Arun Jaitley Wednesday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He further said the Reserve Bank is doing whatever is necessary to deal with the situation.

Demonetisation of Rs 500, 1,000 notes led to more tax collection, higher growth: Arun Jaitley

Demonetisation of Rs 500, 1,000 notes led to more tax collection, higher growth: Arun Jaitley

Thu, Aug 30, 2018

NEW DELHI: Finance Minister Arun Jaitley today said the demonetisation of Rs 500, 1,000 notes led to formalisation of economy, more tax collection and higher growth. His statement comes a day after RBI data revealed that almost all the scrapped notes were returned to banks.

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