Arun Jaitley introduces bill to repeal SBI Subsidiary Banks Act
Five associates and the Bharatiya Mahila Bank became part of State Bank of India (SBI) beginning April 1, catapulting the country's largest lender to among the top 50 banks in the world.
Jul 21, 2017, 18:15 PM IST
India considering to change financial year to January-December: Arun Jaitley
Finance Minister Arun Jaitley on Friday told lawmakers that the government is considering to change the country`s financial year to January-December from April-March.
Jul 21, 2017, 16:29 PM IST
GST Council may take up certain tax issues at August meet
Central Board of Excise and Customs (CBEC) Chairperson Vanaja Sarna also said the department is keeping track of revenue trends post the GST rollout from July 1, but actual positions will be known after returns are filed in September.
Jul 21, 2017, 15:21 PM IST
Finance Minister Arun Jaitley releases National Trade Facilitation Action Plan
The action plan not only covers the activities coming under the TFA but they go beyond the ambit of TFA per se, which have been defined as TFA Plus category, the statement pointed out.
Jul 20, 2017, 23:43 PM IST
Jaitley to launch pension scheme with 8% fixed rate
It can be purchased offline as well as online through Life Insurance Corporation (LIC) of India which has been given the sole privilege to operate this scheme, the finance ministry said in a statement on Thursday.
Jul 20, 2017, 20:20 PM IST
Finance Minister reviews performance of NIIF
NIIF was set up as the investment vehicle in 2015 and has a mandate to fund commercially viable greenfield, brownfield and stalled projects.
Jul 14, 2017, 18:14 PM IST
Air India decision on non-veg food comes under Parl panel lens
As part of cost cutting measures, loss-making Air India has stopped serving non-vegetarian food to passengers travelling in the economy class on its domestic flights.
Jul 12, 2017, 17:45 PM IST
Banks should look at funding unorganised sector: Jaitley
Recalling the benefits of self-help groups (SHGs), Jaitley said they have come a long way and generated lakhs of jobs in rural areas.
Jul 11, 2017, 14:37 PM IST
Taxmen can't visit shopkeeper's premises without authorisation
The finance ministry came out with a clarification after reports suggested that some unscrupulous elements posing as GST officers have tried to fleece shopkeepers and customers in the name of GST.
Jul 08, 2017, 14:44 PM IST
Digital payments rose 55% in FY'17: Watal
The spurt, over 2015-16, came in the financial year during which the government demonetised high value currency.
Jul 03, 2017, 16:21 PM IST
GST switchover: Renaming CBEC as CBIC may take a while
Finance Minister Arun Jaitley in late March had approved the re-organisation of field formations of the CBEC for implementation of GST, as per which the body is being renamed as the Central Board of Indirect Taxes and Customs (CBIC).
Jun 25, 2017, 13:11 PM IST
New anti-graft law to protect honest civil servants, says Arun Jaitley
Stating that an erroneous commercial decision of a public servant cannot always be seen as corrupt, Finance minister Arun Jaitley today said the amendments to the anti-graft law would protect the honest bureaucrats.
Mar 25, 2017, 23:37 PM IST
Delhi CM Kejriwal, 5 other AAP leaders put on trial in Jaitley defamation case
The Patiala House court fixed May 20th as the next date of hearing after Kejriwal and other accused AAP leaders pleaded not guilty.
Mar 25, 2017, 19:09 PM IST
Uttarakhand CM Trivendra SinghRawat meets PM Modi
New Delhi: Newly elected Uttarakhand Chief Minister Trivendra Singh Rawat today met Prime Minister Narendra Modi who asked him to lay emphasis on fighting corruption.
Mar 22, 2017, 15:59 PM IST
Jaitley opens London Stock Exchange in special ceremony
Finance Minister Arun Jaitley today opened the London Stock Exchange in a special ceremony following which he discussed with investors the role of London in developing India's fin-tech ecosystem and delivering infrastructure development priorities.
Feb 27, 2017, 18:05 PM IST
Democracy liberal enough in UK for defaulters to stay: Jaitley
Finance Minister Arun Jaitley has said democracy is liberal enough in the UK to permit defaulters to stay here and that "normal" needs to be cracked, in an apparent reference to liquor baron Vijay Mallya, who is wanted in India for loan default and other cases.
Feb 26, 2017, 16:39 PM IST
Sebi a big responsibility, says chairman-designate Ajay Tyagi
A day after being named the next Sebi chief, senior bureaucrat Ajay Tyagi today said it is a big responsibility and he is looking forward to handling it.
Feb 11, 2017, 12:27 PM IST
Good fiscal performance by states should be incentivised: Survey
The Economic Survey 2016-17 presented in parliament by Finance Minister Arun Jaitley on Tuesday said good fiscal performance by states needed to be incentivised to track overall performance.
Jan 31, 2017, 18:12 PM IST
GDP may slow down if GST implemented in hurry: Tax officials to FM
Claiming that demonetisation has affected country's growth, a major central revenue body has asked Finance Minister Arun Jaitley not to implement Goods and Services Tax (GST) in a hurry and threatened to take legal recourse in case their concerns are not addressed.
Jan 22, 2017, 14:10 PM IST
Jaitley looks to break deadlock at GST meeting on Monday
Finance Minister Arun Jaitley will tomorrow look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April.
Jan 15, 2017, 14:01 PM IST
