Arun Jaitley

Interim Budget 2019: Twitter reactions featuring the good, the bad and the ugly

Union Finance Minister Piyush Goyal presented the budget to the Parliament on Friday in the presence of PM Narendra Modi as well as the opposition, including Congress President Rahul Gandhi.

Feb 1, 2019

India faces challenges meeting 2019/20 fiscal deficit target - Moody's analyst

India will face challenges meeting its fiscal deficit target of 3.4 percent for 2019/20, a Moody's analyst said on Friday, after the government announced plans to step up rural income support in its last budget before a general election due by May.

Feb 1, 2019

Halwa Ceremony: Budget makers enjoy their sweets, will you get yours on Feb 1?

The Halwa ceremony marks the beginning of the budget printing at the finance ministry. After the sweets, the top officials are locked in North Block basement.

Jan 22, 2019

Business leaders urge Reserve Bank of India to cut benchmark rate

India's economy is projected to grow 7.2 per cent in the financial year to March, faster than a provisional 6.7 per cent in 2017-2018.

Jan 18, 2019

Arun Jaitley accuses 'compulsive contrarians' of subverting democracy

Nations are built by those with positive mindsets and a national vigour, not by the 'Compulsive Contrarians', he wrote in a Facebook post without naming Congress or other opposition parties.

Jan 17, 2019

Arun Jaitley suffering from rare cancer, say multiple media reports

Citing sources, the Business Standard reported on Wednesday that the minister was diagnosed with soft tissue sarcoma, a rare type of cancer.

Jan 17, 2019

Jaitley flies to US for a medical check-up

Jaitley, 66, who had a kidney transplant operation and follow-up check-ups at AIIMS last year, left for the US on Sunday night for a "regular medical check-up", sources said without indicating when he would return.

Jan 15, 2019

Massive tax benefits on the cards? Jaitley could double IT exemption limit to Rs 5 lakh

The BJP-led government might offer relief to tax payers considering that it has been able to widen the tax net in the years after demonetisation.

Jan 15, 2019

Telangana CM calls for re-look at role of Finance Commission

While talking at a meeting with officials on Saturday, Telangana Chief Minister K Chandrasekhar Rao said that the role of the Finance Commission needs to be completely changed.

Jan 13, 2019

New Year cheer: Mass consumption items cheaper with GST cut

At its 31st meeting on December 22, the Goods and Services Tax (GST) Council chaired by Union Finance Minister Arun Jaitley agreed to cut tax rates on 23 goods and services.

Jan 1, 2019

Problems in telecom, aviation and real estate sectors affecting revenue collections: Arun Jaitley

The Union Finance Minister says excessive competition has led to a decline in tariffs affecting GST collection from several service industries.

Dec 26, 2018

PM Modi releases Rs 100 commemorative coin in memory of Atal Bihari Vajpayee

The former prime minister had died at the age of 93 following prolonged illness in August.

Dec 24, 2018

GST council slashes taxes on 22 items; govt. to take Rs 5,500 crore hit

In another major decision, the council exempted the frozen and provisionally preserved vegetables from GST.

Dec 23, 2018

In another bail out, Modi government seeks fresh capital for cash-strapped Air India

The UPA government in 2012 had announced a 10-year bailout package of up to Rs. 30,000 crore for the cash-strapped airline

Dec 22, 2018

RBI chief's meeting with public sector banks: Liquidity of economy to dominate discussions

Shaktikanta Das' remarks on the first day in office make clear the central bank's future direction in addressing government concerns.

Dec 13, 2018

FinMin extends deadline for filing GST annual returns till March 31

The annual returns form in which businesses registered under the GST have to provide consolidated details of sales, purchases and input tax credit (ITC) benefits accrued to them during 2017-18 fiscal was notified in September.

Dec 8, 2018

Slashed GDP growth estimates for Manmohan Singh years sparks row

The Central Statistics Office (CSO) had estimated that India's GDP grew by 8.5 per cent in the 2010-11 financial year, and not at 10.3 per cent as previously estimated.

Nov 29, 2018

Public sector banks CEOs can now request look-out circulars against wilful defaulters

The move comes against the backdrop of defaults by Vijay Mallya, Nirav Modi, and Mehul Choksi and thereafter, fleeing the country.

Nov 23, 2018

RBI concludes crucial day-long board meeting; likely to increase cash flow

Among the most contentious issues discussed were the government's demands for steps to ease liquidity in the financial sector and increase credit to small businesses.

Nov 19, 2018

PM Modi steps in to quell RBI-North Block spat

The Prime Minister may have met RBI chief Urjit Patel to defuse RBI-Finance Ministry dispute ahead of the announcement of the action plan to boost MSME sector.

Nov 13, 2018