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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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GST Council's 3rd meeting starts on Oct 18; to decide on rates, service tax assessments

GST Council's 3rd meeting starts on Oct 18; to decide on rates, service tax assessments

Tue, Oct 18, 2016

The Goods and Services Tax (GST) Council will meet in New Delhi from Tuesday to decide on key issues such as GST rates, service tax assessments and compensation to states by the Centre.

Govt unlikely to go in for cut in public expenditure in FY17

Govt unlikely to go in for cut in public expenditure in FY17

Mon, Oct 17, 2016

The revenue deficit for current fiscal has been bettered to 2.5% of GDP, from the budgeted 2.8%.

GST rate on polluting items may be higher, Jaitley says

GST rate on polluting items may be higher, Jaitley says

Fri, Oct 14, 2016

"The USD 100-billion number has been talked about for the past 10 years and there is very little pressure from the domestic constituencies in the advanced economy countries, including the media. This is part of a grand bargain and if you keep on undermining this, I think people will walk away from the table at some point," Patel said.

WPI Inflation rises lower than estimates, at 3.57% in September

WPI Inflation rises lower than estimates, at 3.57% in September

Fri, Oct 14, 2016

Wholesale Price Index (WPI) Inflation rose by 3.57% in September 2016 as against an estimate of 3.90%. Government data show that wholesale inflation in primary articles fell 1.9% from August 2016 whereas food inflation fell 1.6% from August 2016 data.

India may seek over Rs 49,000 crore in extra spending to spur growth

India may seek over Rs 49,000 crore in extra spending to spur growth

Fri, Oct 14, 2016

India may seek parliamentary approval to spend about $7.5 billion (nearly Rs 49,895.63 crore) more on roads, railways and other public programmes over the next five months, two government sources said, as Prime Minister Narendra Modi looks to spur growth and create jobs.

Domestic reforms to cushion India from global shocks: FM Jaitley

Domestic reforms to cushion India from global shocks: FM Jaitley

Thu, Oct 13, 2016

"Over the last two-and-a-half years most of the sectors have been reviewed and we now have probably the most open FDI policy in the world with 90 per cent of FDI coming in through the automatic route," he said.

Chart of the day: Retail Inflation

Chart of the day: Retail Inflation

Thu, Oct 13, 2016

A Bloomberg poll predicts that retail inflation may have fallen to 4.60% in September 2016.

Tax from IDS to cushion spectrum auction shortfall: FM Jaitley

Tax from IDS to cushion spectrum auction shortfall: FM Jaitley

Mon, Oct 10, 2016

He said every person who evades taxes is not discharging his national obligation.

SBI says 'consistently' passed on RBI's rate cut to borrowers

SBI says 'consistently' passed on RBI's rate cut to borrowers

Mon, Oct 10, 2016

"Of the 175 bps (1.75 per cent) cut that the Reserve Bank (RBI) has done, we as a bank have passed on 95 bps (0.95 per cent). More will get passed on in the near term rather than in the longer term," Bhattacharya said in an interview to CNBC TV18.

FM Jaitley says India on path to achieve financial inclusion

FM Jaitley says India on path to achieve financial inclusion

Sun, Oct 09, 2016

Das also met the president of the New Development Bank and the CEOs of the Luxembourg Stock Exchange and Scotia Bank.

Will GST implementation change FinMin's Budget plans?

Will GST implementation change FinMin's Budget plans?

Thu, Oct 06, 2016

The Cabinet has also given its permission to the merger of the Plan and the Non-Plan classification in the Budget and Accounts.

Finance Ministry begins separating public debt management from RBI

Finance Ministry begins separating public debt management from RBI

Wed, Oct 05, 2016

"This interim arrangement will allow separation of debt management functions of RBI to PDMA in a gradual and seamless manner, without causing market disruptions. The PDMC shall be upgraded to a statutory PDMA, in about 2 years," it said.

IDS: Total black money collection may go up by Rs 75,000 crore

IDS: Total black money collection may go up by Rs 75,000 crore

Tue, Oct 04, 2016

Government had offered a one-time chance, as part of the IDS, for holders of undeclared income and assets to come clean by paying 45% in tax and penalty.

Govt appoints 4 nominees to Insolvency and Bankruptcy Board

Govt appoints 4 nominees to Insolvency and Bankruptcy Board

Sun, Oct 02, 2016

Government has appointed four nominees, including two joint secretaries, to the Insolvency and Bankruptcy Board of India (IBBI).

Black Money: Public meets, social media, Nukkad Nataks behind IDS success

Black Money: Public meets, social media, Nukkad Nataks behind IDS success

Sun, Oct 02, 2016

Over 5,500 public meetings, social media campaign on Talkathons and Nukkad Nataks along with threat of prosecution prompted over 64,000 blackmoney holders to declare unaccounted wealth under four-month disclosure window that would make the exchequer richer by over Rs 29,000 crore.

Finance Minister Arun Jaitley live press conference on IDS Scheme

Finance Minister Arun Jaitley live press conference on IDS Scheme

Sun, Oct 02, 2016

Finance Minister Arun Jaitley live press conference on IDS Scheme. Watch this special segment and get to know more here.

Assets worth Rs 65,250 crore declared under Income Tax Disclosure Scheme

Assets worth Rs 65,250 crore declared under Income Tax Disclosure Scheme

Sat, Oct 01, 2016

Given the tax rate and penalty of 45%, this can potentially fetch the government a little under Rs 30,000 crore.

Watch : FM Arun Jaitley speaking after GST Council Meet

Watch : FM Arun Jaitley speaking after GST Council Meet

Fri, Sep 30, 2016

Watch complete news story of FM Arun Jaitley speaking after GST Council Meet for getting detailed updates!

GST Council agrees on 5 areas; differ over decisions taken in first meeting

GST Council agrees on 5 areas; differ over decisions taken in first meeting

Fri, Sep 30, 2016

In signs of fracture, the Centre and states on Friday disagreed on decisions reached at the first meeting of the GST Council on service tax assessment although they reached a consensus on area based exemption in the new tax regime.

India's fiscal deficit reaches 76.4% in August

India's fiscal deficit reaches 76.4% in August

Fri, Sep 30, 2016

India's fiscal deficit for April to August 2016 period reached Rs 4,07,820 crore as against budgeted target of Rs 5,33,904 crore. Fiscal deficit in April-July period stood at Rs 3,93,487 crore.

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