November 18, 2017   
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Home » Posts tagged with "Finance Minister Arun Jaitley"

GST Council cuts tax slab for 178 items from 28% to 18%

Guwahati, Nov 10 (IANS) Finance Minister Arun Jaitley on Friday announced that the Goods and Services Tax (GST) Council has decided to slash tax slabs for 178 items from 28 per cent to 18 per cent. “The GST Council has decided to slash tax slabs...

Demonetisation : Benefits not visible to some, but next gen would take pride in it : Jaitley

New Delhi, Nov 7 (IANS) Referring to November 8, 2016 as a watershed moment in the history of the Indian economy, Finance Minister Arun Jaitley said on Tuesday one of the important objectives of demonetisation, which was to make the country a less cash...

Demonetisation not one-stop solution to end corruption : Jaitley

New Delhi, Nov 7 (IANS) Defending the governments decision to demonetise high value currency last year, Finance Minister Arun Jaitley on Tuesday said that demonetisation cannot be a one-stop solution to cleanse all corruption, but it did give a “new...

GST Council likely to remove more items from 28% slab : Jaitley

New Delhi, Nov 7 (IANS) The GST Council is likely to consider lowering rates on various goods including on many items of daily use at its next meeting later this week, Finance Minister Arun Jaitley hinted on Tuesday. He noted that while fixing the Goods...

Food processing will be a main industry in future : Jaitley

New Delhi, Nov 3 (IANS) The entire Indian agriculture value chain is set to change drastically and food processing is going to be a main industry in the future, Finance Minister Arun Jaitley said on Friday at World Food India 2017, even as event’s...

Jaitley-led panel on bank mergers formed with Goyal, Sitharaman

New Delhi, Nov 1 (IANS) The government on Wednesday constituted an inter-ministerial committee headed by Finance Minister Arun Jaitley to oversee the merger of public sector banks (PSBs), following the recent announcement of a massive recapitalisation...

Investment Package : WILL REJIG DO WONDERS? …

Investment Package WILL REJIG DO WONDERS? By Shivaji Sarkar The Rs 9.2 trillion capital influencing package is apparently a major move to resuscitate the economy. The route is through the banks i.e. increased lending, and highways, as in the infrastructure....

Rs 2.11 lakh crore recapitalisation for banks to boost growth

New Delhi, Oct 24 (IANS) In a stimulus package aimed to boost flagging economic growth, create jobs and increase credit flow, the Union Cabinet on Tuesday approved a Rs 2.11 lakh crore recapitalisation plan for state-run banks and massive road infrastructure...

Slowdown effect of GST, note ban has played out: Jaitley

Washington, Oct 14  Finance Minister Arun Jaitley on Friday said the slowdown effect of demonetisation and GST roll-out on the Indian economy has played out and the country’s growth is now headed towards being more balanced and sustainable. “The...

Jaitley to visit US for IMF-World Bank annual meet

New Delhi, Oct 9  Finance Minister Arun Jaitley will leave on an official visit to the US early on Monday to participate in the annual meetings of the World Bank and the International Monetary Fund (IMF), a official statement here said. On the first...
Prabhu thanks Modi, Jaitley for addressing exporters’ GST issues

Prabhu thanks Modi, Jaitley for addressing exporters’ GST issues

New Delhi, Oct 7  Thanking Prime Minister Narendra Modi and Finance Minister Arun Jaitley for addressing exporters’ issues in the GST Council meeting, Commerce Minister Suresh Prabhu on Friday said his ministry would make maximum effort on promoting...

Lesser GST slabs after revenue neutral plus level: Jaitley

New Delhi, Oct 1  Finance Minister Arun Jaitley on Sunday said Goods and Services Tax (GST) slabs may be reduced in the future if a “revenue neutral plus” tax level is reached. Jaitley made the remark at the “Foundation Day” event...

Boosting private investment, banks’ growth major concerns: Jaitley

Mumbai, Sep 22 Looking at ways to boost economy amid a slowdown, Finance Minister Arun Jaitley on Friday said that encouraging private investment and improving capacity of banking system to support growth are the two major challenges for which best solutions...

Jaitley chairs high-level meeting on economy

New Delhi, Sep 20  A high-level meeting chaired by Finance Minister Arun Jaitley got underway here on Tuesday evening to review the economic situation and discuss measures, including a possible stimulus package, to be taken amidst an economic slowdown. The...
Jaitley asks states to reduce VAT on petroleum products

Jaitley asks states to reduce VAT on petroleum products

New Delhi, Aug 18 Finance Minister Arun Jaitley on Friday urged states to reduce VAT on petroleum products due to concerns regarding the rise in input costs due to the transition to GST regime. “The letter by Finance Minister to Chief Ministers...

Arun Jaitley releases case study on GST

New Delhi, July 26  Finance Minister Arun Jaitley on Tuesday released a case study on the birth of the Goods and Services Tax (GST) in India titled “The GST Saga: A Story of Extraordinary National Ambition”, an official statement said. “In...

Government introduces Banking Regulation Bill

New Delhi, July 24  Finance Minister Arun Jaitley on Monday introduced a bill under which the Centre may authorise the Reserve Bank of India to direct banks to initiate recovery proceedings against loan defaulters. The Banking Regulation (Amendment)...

Demand for zero GST on textiles cannot be accepted: Jaitley

New Delhi, July 18  Union Finance Minister Arun Jaitley on Tuesday said the demand of textile traders to exempt fabrics under the Goods and Services Tax (GST) system cannot be met with as manufacturers will then not be able to claim credit of tax on...
GST will open India to new limitless possibilities : Jaitley

GST will open India to new limitless possibilities : Jaitley

The Union Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley addressing at the ceremony to launch the Goods & Service Tax (GST), in Central Hall of Parliament, in New Delhi on June 30, 2017. New Delhi, July 1 (IANS) Union Finance...

GST rollout to be very smooth, assures Finance Minister Arun Jaitley

New Delhi, June 30 (IANS) Finance Minister Arun Jaitley on Friday held out the assurance of a “very smooth” transition into the Goods and Services Tax (GST) regime, promising that the administration will be very liberal and not implement...