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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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No IGST for buses travelling to Pakistan, Bangladesh

No IGST for buses travelling to Pakistan, Bangladesh

Mon, Jun 12, 2017

Trucks, tankers, vessels and containers will not be required to pay inter-state Goods and Services Tax, called IGST in the new regime as the GST Council exempted any mode of conveyance for carrying goods or passengers or for their repairs from the levy.

States need to raise self funds for schemes like Kisan Karz Mafi Yojana : Arun Jaitley

States need to raise self funds for schemes like Kisan Karz Mafi Yojana : Arun Jaitley

Mon, Jun 12, 2017

Finance Minister Arun Jaitley in a press conference mentioned that if states want to indulge in schemes like Kisan Karz Mafi Yojana, they need to raise funds on their own, indirectly stating that central government will not provide them with any funds.

RBI is at advanced stage of preparing list of debtors: FM Jaitley on rising NPAs

RBI is at advanced stage of preparing list of debtors: FM Jaitley on rising NPAs

Mon, Jun 12, 2017

RBI's deputy governor SS Mundra said that the central bank has formed an internal panel on some large bad loans.

FM Arun Jaitley speaks after GST Council meeting, GST rates of many products revised

Mon, Jun 12, 2017

FM Arun Jaitley chaired the 16th meeting of GST Council today and addressed the media after the end of the meeting.Mr. Jaitley informed about the changed GST rates on many commodities and increase in amount of composition. Watch the video for complete information.

Arun Jaitley hints at no review of GST rate on hybrid cars

Arun Jaitley hints at no review of GST rate on hybrid cars

Sun, Jun 11, 2017

Finance Minister Arun Jaitley today hinted that the tax rate on hybrid cars will not be reviewed, saying the industry demands were not in sync with a study conducted by tax officers.

GST Council ignores tax-cut call for sanitary pads, revises for others

GST Council ignores tax-cut call for sanitary pads, revises for others

Sun, Jun 11, 2017

In its 16th GST Council meet the committee revised rates for 66 items. Tax rates have been lowered for certain items like movie tickets, computer printers and agarbatti.

Demonetisation led to 'great movement' towards digitisation: Jaitley

Demonetisation led to 'great movement' towards digitisation: Jaitley

Sat, Jun 10, 2017

Union Finance Minister Arun Jaitley today said the government was aware that demonetisation would cause a cash crunch in India but had envisaged long-term advantages like "great and substantial" movement towards digitisation of the economy.

Govt may approve one more PSU bank consolidation by March

Govt may approve one more PSU bank consolidation by March

Fri, Jun 09, 2017

Now, the Finance Ministry is looking to replicate the model in the case of other state-run banks so that they reach critical mass to compete with global peers.

FDIs in India flat in 2016, but prospects bright: UNCTAD

FDIs in India flat in 2016, but prospects bright: UNCTAD

Thu, Jun 08, 2017

The World Investment Report released by the UN agency in Geneva on Wednesday said that FDI rose by a paltry one % in 2016 to $44.486 billion from the $44.064 billion in 2015.

Govt to go ahead with PSU bank merger without further wait: FM Jaitley

Govt to go ahead with PSU bank merger without further wait: FM Jaitley

Mon, Jun 05, 2017

The government today said it is examining the possibility of further consolidation in the public sector banking space without waiting for their finances to improve. Merger of five associate banks and Bhartiya Mahila Bank with the country's largest lender SBI took place in April.

Apparel, biscuits, footwear cheaper; gold costlier under GST

Apparel, biscuits, footwear cheaper; gold costlier under GST

Sun, Jun 04, 2017

Apparel up to Rs 1,000, biscuits and footwear will get cheaper, while gold will get slightly costlier from next month as the Centre and states, excepting West Bengal, resolve to roll out GST from July 1.

Gold at 3%, biscuits at 18%; GST Council decides rates for most remaining items

Gold at 3%, biscuits at 18%; GST Council decides rates for most remaining items

Sat, Jun 03, 2017

The Goods and Services Tax (GST) Council has finalised the fitment of tax rates for most of the six remaining items on Saturday, Jammu and Kashmir Finance Minister Haseeb Drabu said.

GST Council clears rules, states agree to July 1 rollout

GST Council clears rules, states agree to July 1 rollout

Sat, Jun 03, 2017

The GST Council today cleared the pending rules, including transition provisions and returns, with all the states agreeing to July 1 roll out of the Goods and Services Tax.

Air India's privatisation very difficult without debt write-off, says Niti Aayog's Vice Chairman Arvind Panagariya

Air India's privatisation very difficult without debt write-off, says Niti Aayog's Vice Chairman Arvind Panagariya

Fri, Jun 02, 2017

Niti Aayog's vice chairman Arvind Panagariya said on Friday that privatising government-run airline Air India will be "very difficult" unless the government writes off at least part of its debts.

Arun Jaitley speaks about economic developments in India

Arun Jaitley speaks about economic developments in India

Thu, Jun 01, 2017

On completion of 3 years of Modi's governance, Finance Minister Arun Jaitley talks about the economical developments that have taken place in India in past 3 years.

Govt has restored economic credibility of India, Arun Jaitley says

Govt has restored economic credibility of India, Arun Jaitley says

Thu, Jun 01, 2017

Finance Minister Arun Jaitley on Thursday said that the government has restored the economic credibility of India. Jaitley said that demonetisation created a new normal in economic system and that some slowdown was already seen in Indian economy before demonetisation.

India loses fastest growing economy tag after sharp growth slowdown

India loses fastest growing economy tag after sharp growth slowdown

Thu, Jun 01, 2017

Annual economic growth at 6.1 percent in the January-March period was even lower than the lowest analyst estimate of 6.5 percent in a Reuters poll. Overall, the median forecast of 36 analysts was for a year-on-year growth of 7.1 percent.

How much will new IIP, WPI series impact India's GDP?

How much will new IIP, WPI series impact India's GDP?

Tue, May 30, 2017

Analysts and industry experts believe that the new series of India's factory output data or Index of Industrial Production (IIP) would mean that the GDP numbers could be significantly higher than the earlier quarters.

GST will play the role of game changer for our country, says FM Jaitley

GST will play the role of game changer for our country, says FM Jaitley

Tue, May 30, 2017

GST will play the role of game changer for our country, says FM Jaitley . Watch complete news story of News @ 7:00 PM for getting the detailed news updates!

Revenue department sets up twitter handle to answer GST queries

Revenue department sets up twitter handle to answer GST queries

Mon, May 29, 2017

With just over a month left for GST implementation, the revenue department today started a new twitter handle to answer industry queries related to the new indirect tax regime.

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