Tag: Finance Minister

Set up regional hub in New Delhi, Jaitley urges ADB

Yokohama: Finance Minister Arun Jaitley on Saturday urged the Asian Development Bank (ADB) to set up a regional hub for South Asia in New Delhi so that the majority of proposals could be processed speedily. Addressing the ADB Board of Governors here, Jaitley said there was need to look at processes and procedures for which […]

  • Monday, 05 July 2021
H-1 B Visa
Jaitley raises H-1B visa issue with US

Washington: The vexed issue of restrictions on American H-1B visas has been taken up with the US administration by Finance Minister Arun Jaitley during his ongoing visit to the US, an Indian official said on Friday. The issue was raised by Jaitley at his meeting here on Thursday with AUS Commerce Secretary Wilbur Ross, an […]

  • Monday, 05 July 2021
Police officer stands guard in front of the RBI head office in Mumbai
Currency returned to RBI post-note ban being calculated: FM

New Delhi: The Reserve Bank of India (RBI) is still calculating and taking stock of the currency that was returned to banks post demonetisation, Finance Minister Arun Jaitley said on Tuesday. In response to a question by Samajwadi Party leader Naresh Agarwal in the Rajya Sabha, Jaitley said that the RBI was taking stock of […]

  • Monday, 05 July 2021
arun jaitely
18 lakh accounts being probed for large deposits after note ban: Jaitley

New Delhi: Finance Minister Arun Jaitley on Friday said post the November 8 demonetisation, around 18 lakh bank accounts have been found where the amount deposited does not match with the income profile of the account holder. Replying to questions in the Lok Sabha on Friday, Jaitley said data mining was used to find such […]

  • Monday, 05 July 2021
Goods and Services Tax
Lok Sabha takes up GST bills for debate

New Delhi: Finance Minister Arun Jaitley on Wednesday moved four GST Bills simultaneously for consideration and passage in the Lok Sabha. “The four bills are being taken together because the matter of the bills are same,” Jaitley said while introducing the bills. “Before the constitutional amendment, under the indirect tax regime, the Centre had the […]

  • Monday, 05 July 2021
Odisha fails to collect Rs 2,754.20cr from industries

Bhubaneswar: The Odisha government has failed to collect about Rs 2,754.20 crore in revenue from the industrial units operating in the state, the Odisha Finance Minister said on Monday. “Since cases are still sub judice in different courts, the government has not been to recover the arrears,” Finance Minister Pradip Kumar Amat told the state […]

  • Friday, 02 July 2021
7th pay commission Cabinet on national pension
7th Pay Commission: Modi govt’s ‘yes’ for Rs 8,000 Pay Hike for Central Government Employees?

New Delhi/Bhubaneswar: Much has been said about the further hike in minimum pay of the Central government employees beyond the 7th Pay Commission recommendations. While all are expecting these rumours to turn into reality, there’s good news making rounds that the Narendra Modi-led NDA government is in close-doors discussions over the hike. As per reports, […]

  • Thursday, 01 July 2021
7th Pay Commission: Rs 26,000 Minimum Pay for Central Govt Employees?

New Delhi/Bhubaneswar: Further hike of Rs 8,000 in minimum pay- a demand that the lakhs of Central government employees have been pushing forward since the day of implementation of the recommendations of the 7th Pay Commission. However, the government is yet to take any major step in this regard. The present minimum pay is Rs […]

  • Thursday, 01 July 2021
7th pay commission hike
7th Pay Commission: Worries at the helm for CG employees expecting hike in minimum pay

Since the day recommendations of the 7th Pay Commission were announced, Central government employees have been demanding for further hike in the minimum pay. The CG employees feel that the recommendation of the commission is not enough and it has no impact on their financial stability. Rumours related to the matter have been making rounds- […]

  • Thursday, 01 July 2021
7th pay commission Cabinet on national pension
7th Pay Commission: Minimum pay hike can be expected soon

New Delhi/Bhubaneswar: Is good news on the cards for lakhs of Central government employees? Will the NDA government increase the minimum pay of the employees? When will the Centre fulfill the demand of the 50 lakh employees? Of course, these questions are in the mind of all and rumours have been making the rounds since […]

  • Thursday, 01 July 2021
GST a monumental reform, hit growth only for 2 qtrs: FM

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 […]

  • Tuesday, 29 June 2021
Ease of biz ranking: Indian can improve further, says Jaitley

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, […]

  • Tuesday, 29 June 2021
Arun Jaitley undergoes successful kidney transplant at AIIMS

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 […]

  • Tuesday, 29 June 2021
Govt finalising electoral bonds scheme: FM

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 […]

  • Tuesday, 29 June 2021
Big defaulters responsible for higher NPAs of banks: Jaitley

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 […]

  • Monday, 28 June 2021