Tag: Finance Minister

RS approves changes in Companies Act to improve biz climate

New Delhi: Rajya Sabha today approved a bill to amend the Companies Act with an aim of promoting ease of doing business with as Finance Minister Arun Jaitley saying the law will be reviewed further by an expert committee to be set up shortly to see where the “shoe pinches”. As many as 16 amendments […]

  • Monday, 28 June 2021
Arun-Jaitley
Jaitley against higher income tax rate to raise revenue

Ahead of his first full fledged budget, Finance Minister Arun Jaitley on Saturday said that the NDA government was against raising revenue by imposing higher taxes, instead it would want to leave more money in the hands of consumer to fuel demand and growth

  • Sunday, 27 June 2021
Odisha asks Centre to win its trust by paying arrears

Asking the Centre to win confidence of the states before implementation of the GST, Odisha government on Friday said it need to be paid compensation of Rs 3,417.13 crore towards reduction of the rate of CST from 4 per cent to 2 per cent

  • Sunday, 27 June 2021
Arun Jaitley
Govt to streamline subsidies, cheap LPG for rich may go: Jaitley

A reduction of the scope of subsidies currently being provided to well-off people appears to be on the anvil with Finance Minister Arun Jaitley questioning the justification of "unquantified" subsidy amounts to "unidentifiable" sections

  • Sunday, 27 June 2021
Jaitley keen to meet state Finance Ministers to push GST

Keen to push the Goods and Services Tax (GST), Finance Minister Arun Jaitley on Wednesday expressed desire to hold an early meeting with the state finance ministers

  • Friday, 25 June 2021
Chidambaram has always played fraud in Budget: Yashwant Sinha

A day after Indian Finance Minister P Chidambaram taunted him for presiding over "worst years" of Indian economy since liberalisation, BJP leader Yashwant Sinha Friday hit back saying Chidambaram has always "played fraud" in the Budget, including the interim one for the current fiscal

  • Tuesday, 22 June 2021
GST to make India one uniform market: Jaitley

Finance minister Arun Jaitley yesterday said that the goods and services tax (GST) will help in economic integration of the country by enabling seamless transfer of goods and services

  • Tuesday, 22 June 2021
Govt has right to set inflation target for RBI to achieve: FM

Stressing that economic stability should include steady prices, Finance Minister P Chidambaram on Friday said Parliament could set an inflation target for the Reserve Bank to achieve

  • Monday, 21 June 2021
agri credit
Agri credit to cross Rs 7 lakh cr; exports to surge over $45 bn

Agriculture credit is likely to exceed the target of Rs 7,00,000 crore while farm exports are expected to increase to over USD 45 billion in the current fiscal, Finance Minister P Chidambaram said on Monday

  • Monday, 21 June 2021
P Chidambaram
Fiscal deficit will be contained at 4.6 pc of GDP: Chidambaram

The government on Monday said the fiscal deficit for the current financial year will be contained at 4.6 per cent of GDP

  • Monday, 21 June 2021
PC
FM to attend G20 meet in Australia, hold roadshows

Finance Minister P Chidambaram will visit Australia later this week to attend the G20 meeting of finance ministers and central bank governors and hold roadshows to attract investment

  • Monday, 21 June 2021
P chidambaram
Regulators should intervene only in grave violation cases: FM

Regulators should intervene only in cases of gross violations by companies or when there are clear cases of criminality so that they do not get over burdened, Finance Minister P Chidambaram said on Wednesday

  • Monday, 21 June 2021
P Chidambaram
India offers stable and non-adversarial tax regime: FM

Allying fears of global investors over taxation issues, Finance Minister P Chidambaram has said that India offers a stable and non-adversarial tax regime besides a fair and just dispute redressal mechanism

  • Monday, 21 June 2021
P Chidambaram
All profit can't be used to pay higher wages: FM to bank staff

As public sector bank employees started a two-day strike on Monday seeking higher wages, Indian Finance Minister P Chidambaram said the profit of banks cannot be used only to enhance salaries because there are other obligations

  • Monday, 21 June 2021
P Chidambaram
Growth will not be less than 5% in 2013-14: Chidambaram

Finance Minister P Chidambaram on Saturday expressed confidence that the economic growth rate for the current financial year will be revised to not less than 5 per cent

  • Monday, 21 June 2021
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