Tag: Arun Jaitley

New Delhi: Was there a need to hype the 7th Pay Commission to such an extent when the government had already decided to bring around some revisions, hurting lakhs of Central government employess and their finances? Better not to show dreams when you are determined to cheat, says a Bhubaneswar-based retired employee of the Indian […]

Mumbai: The GST implementation was a “monumental reform” which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said Sunday, hitting out at “critics and cynics” who blame it for hurting the GDP expansion. The remarks come a day after former RBI Governor Raghuram Rajan blamed the indirect taxation reform for […]

New Delhi: Buoyed by a 23-place jump on World Bank’s ease of doing business ranking, Finance Minister Arun Jaitley Wednesday said India can crack into top 50 if it improves on time taken for registering real estate, starting business and enforcement of contracts. Addressing a news conference soon after the World Bank released its 2019 ranking, […]

New Delhi: Finance Minister Arun Jaitley today accused Congress of “peddling untruth” on the Rafale aircraft deal, saying the “false campaign” by the opposition party and its leader Rahul Gandhi was seriously compromising national security. In a Facebook blog, he posed 15 questions to Gandhi and said the deal NDA government had entered into with […]

New Delhi: After months of deliberations, the Defence Ministry has approved a list of items which will have to be purchased by each soldier from an annual clothing allowance of Rs 10,000, official sources said. The clothing allowance was recommended by the Seventh Pay Commission in lieu of personnel clothing which was earlier being provided […]

New Delhi: Union Finance Minister Arun Jaitley on Monday underwent a successful kidney transplant at the All India Institute of Medical Sciences (AIIMS), an official at the premier health institute said. Both the donor and the recipient are stable and recovering well, the official said. Jaitley, 65, was admitted to the hospital on Saturday and […]

New Delhi: The Goods and Services Tax (GST) Council, headed by Union Finance minister Arun Jaitley, is scheduled to meet on November 10 to discuss on lowering tax rates on handmade furniture, plastic products and daily use items like shampoo. Besides, the council will consider on measures to simplify return filing rules. In further relief […]

New Delhi: The Congress today questioned why no action has been taken against all the people whose names have come up in the Panama papers. Congress communications incharge Randeep Surjewala wondered if there was a “conspiracy” to save those with blackmoney and asked Prime Minister Narendra Modi and Finance Minister Arun Jaitley to “speak up” […]

New Delhi: Finance Minister Arun Jaitley today said the government is finalising electoral bonds scheme, a move aimed at cleaning up political funding. “I have already announced this year and I am keen to implement it. It is in final stages. How do we legitimise political funding in India so that the underground funding itself […]

Pune: Holding big defaulters responsible for higher NPAs of banks, Finance Minister Arun Jaitley today said that recovery of money from these “big people” has become a “big challenge”. Jaitley was in city to attend the centenary completion celebrations of Pune District Central Co-operative Bank (PDCC). NCP chief Sharad Pawar is associated with this bank […]

New Delhi: In the backdrop of rising cross border terror activities in Kashmir and standoff with China in Dokalam, Defence Minister Arun Jaitley today called upon the armed forces to defend the country’s borders with “all its might”. In a strong message to Pakistan, he asked it to refrain from continuing with “abhorrent acts” of […]

New Delhi: The government is drafting a central law to protect people investing in chit fund schemes and will bring the legislation very soon to Parliament, Finance Minister Arun Jaitley said today. Replying to a debate on ‘The Banking Regulation (Amendment) Bill, 2017’ in the Lok Sabha, he said there is a need for a […]

New Delhi: The GST Council on Monday raised the cess on cigarettes to take away an estimated INR 5,000 crore annual “windfall” manufacturers could have reaped from lower GST rates, Finance Minister Arun Jaitley said on Monday. However, cigarette prices will not change as a result of the increased cess which would be effective from […]

Washington: India-US ties have significantly improved over the last few decades, becoming more “stronger” and “matured” and defying changes in governments in both the countries, Finance Minister Arun Jaitley said today. Jaitley, speaking at a reception hosted by India’s Ambassador to the US Navtej Sarna, said the Indian government is looking forward to working with […]

New Delhi: British Finance Minister Philip Hammond will hold discussions with his Indian counterpart Arun Jaitley today to promote trade and investments between the two countries. Hammond is visiting India to participate in the UK-India Economic and Financial Dialogue. According to the British High Commission, the ninth UK-India Economic and Financial Dialogue (EFD) is hosted […]