Wed, Jan 04, 2023
The highest amount of net loss was registered in 2017-18 at Rs 85,370 crore, followed by Rs 66,636 crore in 2018-19; Rs 25,941 crore in 2019-20; Rs 17,993 crore in 2015-16 and Rs 11,389 crore in 2016-17.
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Wed, Mar 27, 2019
Will confuse Congress win 2019 Lok Sabha polls? Watch this debate to know more.
In an exclusive interview with Editor-in-Chief of Zee News, Sudhir Chaudhary, Finance Minister Arun Jaitley said Narendra Modi is the only gamechanger. Watch this video to know more.
Sat, Apr 22, 2017
Jaitley on Friday met US Commerce Secretary Wilbur Ross, the first cabinet-level interaction between the two countries under the Trump Administration.
Fri, Mar 10, 2017
FM Arun Jaitley will meet senior Reserve Bank of India (RBI) officials in New Delhi on Friday to discuss the issue of banks` non-performing assets (NPAs) or bad loans, according to sources.
Fri, Feb 03, 2017
He pointed the government is making efforts to make the society more tax compliant.
Mahindra despite seeing a large 11.41% decline in domestic car sales in January managed to post a 6% growth in tractor sales.
The Specified Bank Notes (Cessation of Liabilities) Bill, 2017, seeks to replace the ordinance on demonetisation promulgated by the government in December 2016.
Thu, Feb 02, 2017
The Department of Space (DOS) got a net allocation of Rs 9,093.71 crore for the next fiscal, up from Rs 8,045.28 crore as per the revised budget estimate for 2016-17.
Wed, Feb 01, 2017
Jaitley announced that for small businesses with an annual turnover of Rs 50 crore they will now have to pay 5% less income tax. This brings down their income tax level to 25%.
The government has increased the allocation for incentive schemes like M-SIPS and EDF to Rs 745 crore in 2017-18
Besides mentioning the word car once, the Finance Minister failed to give much to the industry in order to boost it's growth.
While some in the defence industry welcomed the hike in the allocation, there were others that felt that this was not enough considering the government wants to keep India on the top in terms of defence.
The government has pushed for affordable housing for the poor in Budget 2017 .
The government will also launch two new schemes to promote the usage of the BHIM app.
Jaitley announced that the threshold limit for audit of business entities who opt for presumptive income scheme increased from Rs 1 crore to now Rs 2 crore.
The optical fibre cables will now be increased to cover over 1.50 lakh gram panchayats from over 75,700 lakh currently.
Besides the increase in the tax slabs there is also expected to be an increase in the exemptions under 80C.
There could also be a hike in the service tax rates to get get it in alignment with the GST rates.
Sat, Nov 05, 2016
Making a strong case for expeditious adjudication of debt recovery cases, Finance Minister Arun Jaitley today said the doctrine of natural justice of giving opportunity to defaulters to defend themselves need not be carried to an "unnatural extent".
"Indian private sector needs to expand in a big way. It needs to invest and that's when all engines of economy (will) start firing," Jaitley said while addressing a seminar on debt recovery here.
Tue, Oct 11, 2016
Having decided to advance the budget presentation, the government is keen that it is not presented in the middle of Assembly elections in five states, said Finance Minister Arun Jaitley.
Thu, Sep 29, 2016
According to a newspaper report, in a separate pre-policy meeting with economists, Patel had downplayed inflationary risks and instead focused on India's growth prospects.
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