November 18, 2017   
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Jaitley to visit Singapore to discuss investments

New Delhi, Nov 14  Finance Minister Arun Jaitley is visiting Singapore to showcase a slew of investor friendly reforms undertaken by the government and discuss ideas to ramp up investments in India. Jaitley is leaving on Tuesday evening on a two-day...

GST Council removes 178 items from 28% slab, only 50 left

Guwahati, Nov 11  In a major revamp of the GST tax structure, the GST Council on Friday removed 178 items from the highest 28 per cent category while cutting the tax on all restaurants outside starred-hotels to 5 per cent but withdrawing input credit...
Arun Jaitley, Minister of Finance inaugurates PNB New Corporate office

Arun Jaitley, Minister of Finance inaugurates PNB New Corporate office

Arun Jaitley, Union Minister of Finance & Corporate Affairs inaugurated newly constructed  corporate office of Punjab National Bank at Sector 10 Dwarka New Delhi today. Speaking on the occasion, Sh. Jaitley lauded the efforts of the bank informing...
India jumps 30 ranks to 100th in World Bank’s ease of doing business list

India jumps 30 ranks to 100th in World Bank’s ease of doing business list

New Delhi, Nov 01  India for the first time has moved into the top 100 in the World Banks Ease of Doing Business global rankings from its 130th position last year, riding on sustained government reforms which include making tax paying easier, according...

BJP to observe November 8 as ‘Anti-Black Money Day’

New Delhi, Oct 25 (IANS) In a bid to counter the opposition’s plan to observe the first anniversary of the November 8 demonetisation as ‘Black Day’, the ruling BJP on Wednesday said it will celebrate the day as “Anti-Black Money...
Over one cr businesses already registered under GST: Jaitley

Over one cr businesses already registered under GST: Jaitley

New Delhi, Oct 25  Finance Minister Arun Jaitley on Tuesday said that the number of trade registrations under GST has seen an increase of 30-35 per cent in the first three months, and that the total assessee base has already crossed one crore, which...
‘Launch date, issue quantum of Bharat-22 ETF finalised’

‘Launch date, issue quantum of Bharat-22 ETF finalised’

New Delhi, Oct 24  The government on Monday finalised the launch date and the issuance quantum of the Bharat 22 Exchange Traded Fund (ETF) announced earlier this year, official sources said here. The sources said that an inter-ministerial committee headed...
Issues with Iran, including oil payments, resolved: Jaitley

Issues with Iran, including oil payments, resolved: Jaitley

Washington, Oct 16  Most of India’s pending issues with Iran, especially those relating to payment for import of Iranian oil, have been resolved, Finance Minister Arun Jaitley has said. “There were several pending issues with Iran, particularly...

Public opinion has changed in favour of FDI in defence: Jaitley

New York, Oct 10  The Indian government has been able to change domestic public opinion in favour of inviting foreign investment into sectors of production that were earlier considered out of bounds both for ideological as well as security reasons, Finance...
India has to grow faster, running against time: Jaitley

India has to grow faster, running against time: Jaitley

Washington, Oct 9  India needs to grow at a faster pace, Finance Minister Arun Jaitley has said, while asserting that there was public support for the government’s reform initiatives despite the difficulties arising from implementing GST, for instance. “The...
Measures to ease traders’ GST worries in offing

Measures to ease traders’ GST worries in offing

New Delhi, Oct 6  Some measures to ease the difficulties being faced by traders owing to GST are likely to be announced after the GST Council’s meeting on Friday after Prime Minister Narendra Modi met Finance Minister Arun Jaitley and BJP President...

Centre urges states to cut VAT on petrol, diesel

New Delhi, Oct 5  Finance Minister Arun Jaitley will soon write to all state Chief Ministers urging them to cut sales tax, or value added tax (VAT), on petrol an diesel, Petroleum Minister Dharmendra Pradhan said on Wednesday. “We have proactively...

Economic agreements likely during Jaitley’s Bangladesh visit

New Delhi, Oct 3  India and Bangladesh are likely to ink major economic agreements during the official visit of Indian Finance Minister Arun Jaitley to Dhaka beginning from Tuesday. According to the Ministry of Finance, Jaitley will arrive in Dhaka on...

Government in process of changing India’s economic environment: Jaitley

New Delhi, Sep 26  Acknowledging the dip in the country’s growth rate, Finance Minister Arun Jaitley on Monday said that the government was in the process of undertaking measures to change the “environment” and provide a boost to the...

Jaitley visiting Japan as Defence Minister, Sitharaman to take charge later

New Delhi, Sep 3 (IANS) Notwithstanding the appointment of Nirmala Sitharaman as the new Defence Minister, Finance Minister Arun Jaitley, who is presently holding additional charge of Defence, will represent India in a bilateral dialogue on defence in...

De-stocking by industry caused drop in growth in Q1 : Jaitley

New Delhi, Aug 31 (IANS) The fall in India’s GDP growth in the first quarter of the current fiscal is the result of the de-stocking of inventories by industry in anticipation of the GST, which process is ending and manufacturing is expected to...

All banned notes deposited with banks may not be legitimate : Jaitley

New Delhi, Aug 31 (IANS) In the backdrop of the RBI’s report stating that 99 per cent of the demonetised cash had come back into the banking system, Finance Minister Arun Jaitley on Thursday said “all of it may not be accounted money”. “Demonetisation...
July GST collections target met with 64% compliance: Jaitley

July GST collections target met with 64% compliance: Jaitley

New Delhi, Aug 30  Declaring that the government has comfortably met the Goods and Services Tax (GST) collection targets, Finance Minister Arun Jaitley on Tuesday released the new indirect tax collection figures for the first month of GST implementation...
July GST collections target met with 64% compliance : Jaitley

July GST collections target met with 64% compliance : Jaitley

New Delhi, Aug 29 (IANS) Declaring that the government has comfortably met the Goods and Services Tax (GST) collection targets, Finance Minister Arun Jaitley on Tuesday released the new indirect tax collection figures for the first month of GST implementation...

Appeal to industry to give consumers GST input credit benefit : Jaitley

New Delhi, Aug 5 (IANS) The GST Council on Saturday appealed to the Indian industry to pass on to customers the benefit of the novel input credit system introduced in the new pan-India indirect tax regime that is available to suppliers of goods and services...