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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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Govt analyses cash deposits in last 10 days of demonetisation

Govt analyses cash deposits in last 10 days of demonetisation

Sun, Jan 22, 2017

Expanding scrutiny of suspicious transactions post demonetisation, the government has begun analysing deposits in new accounts and loan repayments as well as transfers to e-wallets and advance remittance for imports during the last 10 days of deadline to turn in junked notes.

Budget 2017: Government may incentivise food processing SMEs

Budget 2017: Government may incentivise food processing SMEs

Sun, Jan 22, 2017

The government is likely to announce incentives for small and medium food processing units in areas such as rice and tea in the Budget to promote the sector and boost manufacturing activities.

Demonetisation: 70% of the notes will be remonetised by February-end

Demonetisation: 70% of the notes will be remonetised by February-end

Fri, Jan 20, 2017

Reserve Bank of India (RBI) is currently printing around 200 crore notes a day. This means that the remonetisation efforts will be 70% complete by the end of February 2017.

Profits improve as India Inc focuses on repaying loans

Profits improve as India Inc focuses on repaying loans

Thu, Jan 19, 2017

The banking sector and India Inc has been a story of over-leveraging for quite some time now. With non-performing assets (NPAs) and bad loans rising, deleveraging has been one of the major themes for corporate India in 2016. Also, the strategy seems to be paying off.

Cabinet to list 5 state-run insurance cos: FM Jaitley

Cabinet to list 5 state-run insurance cos: FM Jaitley

Wed, Jan 18, 2017

Last year while announcing the Annual Budget, Jaitley had said that the government will list the state-run GICs to improve transparency and accountability.

States agree July 1 realistic date to implement GST, says Jaitley

States agree July 1 realistic date to implement GST, says Jaitley

Mon, Jan 16, 2017

In the ninth meet of the Goods and Service Tax (GST) Council, Finance Minister, Arun Jaitley admitted on Monday that July 1 would be the ‘realistic’ date to implement GST.

No decision by GST Council on dual control yet, says Kerala FM

No decision by GST Council on dual control yet, says Kerala FM

Mon, Jan 16, 2017

In the ninth meeting of the Goods and Service Tax (GST) Council on Monday, Kerala Finance Minister, Isaac Thomas said that the meet had no decision on dual control yet. He further added that Indian states will soon get the right to tax territorial waters.

Finance Ministry finalising fund infusion for PSBs to exceed Rs 25,000 crore

Finance Ministry finalising fund infusion for PSBs to exceed Rs 25,000 crore

Sun, Jan 15, 2017

The Finance Ministry is likely to finalise capital infusion plan for public sector banks (PSBs) this week based on the request of various lenders which have been impacted by demonetisation amid rising bad loans.

Jaitley looks to break deadlock at GST meeting tomorrow

Jaitley looks to break deadlock at GST meeting tomorrow

Sun, Jan 15, 2017

Finance Minister Arun Jaitley will tomorrow look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April.

GJEPC expects FM Arun Jaitley to reduce import duty on gold to 5% in Budget 2017

GJEPC expects FM Arun Jaitley to reduce import duty on gold to 5% in Budget 2017

Thu, Jan 12, 2017

To curb grey market and boost the organised players, the Gem and Jewellery Export Promotion Council (GJEPC) is expecting Finance Minister Arun Jaitley to reduce the import duty on gold to around 5%in the upcoming Union Budget.

Hope to resolve issues for GST rollout from April 1: Arun Jaitley

Hope to resolve issues for GST rollout from April 1: Arun Jaitley

Thu, Jan 12, 2017

With states and the Centre still locked in stalemate over control of tax payers, Finance Minister Arun Jaitley today said the issue will be resolved in next few weeks for rollout of the GST regime from April 1.

FM Arun Jaitley set to launch Airtel's Payments Bank on January 12

FM Arun Jaitley set to launch Airtel's Payments Bank on January 12

Wed, Jan 11, 2017

Finance Minister Arun Jaitley is scheduled to launch Airtel's Payment Bank on Thursday, which has been running pilot services in four states. Airtel has sent out media invites "for the launch of Airtel Payments Bank India's first payments bank by Arun Jaitley" for January 12.

Hope to resolve issues for GST rollout from April 1: Jaitley

Hope to resolve issues for GST rollout from April 1: Jaitley

Wed, Jan 11, 2017

With states and the Centre still locked in stalemate over control of tax payers, Finance Minister Arun Jaitley today said the issue will be resolved in next few weeks for rollout of the GST regime from April 1.

Government may lose Rs 25,000 crore if it moves income tax slabs

Government may lose Rs 25,000 crore if it moves income tax slabs

Wed, Jan 11, 2017

Finance Minister, Arun Jaitley’s stance on levying income tax stands to be ‘making taxation more reasonable;’ however, this could cost the government Rs 25,000 crore in FY18.

From iPhone to demonetisation: 10 things Arun Jaitley said at Vibrant Gujarat

From iPhone to demonetisation: 10 things Arun Jaitley said at Vibrant Gujarat

Wed, Jan 11, 2017

With a kick-start of Vibrant Gujarat Global Summit on January 10, on the second day of the event Finance Minister Arun Jaitley spoke about the country's economy and situation post demonetisation. On Tuesday, Prime Minister Narendra Modi had inaugrated the Summit.

Five demands of Oxfam from India's budget

Five demands of Oxfam from India's budget

Tue, Jan 10, 2017

Ahead of the Union Budget, international confederation of charitable organisations – Oxfam has passed around a petition labelled, ‘Call for an Economy that Works for Everyone, Not Just the Few!’

Board recommended note ban after govt advice: RBI to Parliamentary panel

Board recommended note ban after govt advice: RBI to Parliamentary panel

Tue, Jan 10, 2017

Contrary to popular belief, it was the Government which had "advised" the Reserve Bank to junk Rs 500/1000 notes on November 7 and the board of the central bank the very next day recommended the demonetisation.

PM Modi to inaugurate Vibrant Gujarat Summit today

PM Modi to inaugurate Vibrant Gujarat Summit today

Tue, Jan 10, 2017

Jaitley will address a special session on January 11 on GST to detail rollout plans for the indirect tax regime.

Direct, indirect tax collection rose 12%, 25%, respectively: Finance Minister Arun Jaitley claims

Direct, indirect tax collection rose 12%, 25%, respectively: Finance Minister Arun Jaitley claims

Mon, Jan 09, 2017

Jaitley also said that Centre is in talks with banks to discuss Merchant Discount Rate (MDR) issue.

Must Read: Article on demonetisation by Finance Minister Arun Jaitley

Must Read: Article on demonetisation by Finance Minister Arun Jaitley

Sun, Jan 08, 2017

Sunday morning, Finance Minister, Arun Jaitley penned his thoughts on the demonetisation move by the Modi-led government.

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