October 16, 2017   
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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...
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...
India’s economic fundamentals stable, says Council chaired by Jaitley

India’s economic fundamentals stable, says Council chaired by Jaitley

New Delhi, Aug 22  India has macro-economic stability on the back of structural reforms like GST and the long term positive impact of demonetisation, with the financial markets expressing confidence through high-stock valuations, the Financial Stability...

Government to roll out Bharat 22 exchange traded fund: Jaitley

New Delhi, Aug 4  In a move to boost its disinvestment programme, the Centre on Friday announced the creation of the Bharat 22 exchange traded fund (ETF) comprising 22 companies, or investments, from among central public sector undertakings, public sector...

GST to rollout on July 1, return deadline relaxed by 2 months

New Delhi, June 19  The GST Council on Sunday unanimously agreed on a July 1 rollout of the Goods and Services Tax regime despite some pending issues, while relaxing the return filing deadline for the first two months, and approved the rules on anti-profiteering...

GST: CBEC set to be Central Board of Indirect Taxes and Customs

New Delhi, June 14  Reiterating that preparations are in full swing for rolling out GST on July 1, the Central Board of Excise and Customs (CBEC) said on Tuesday that, along with the states, the department has increased its outreach programmes on the...

GST to check tax evasion, ensure compliance: Jaitley

Bengaluru, May 30  The (GST), to be implemented from July 1, would check tax evasion and ensure greater compliance by more tax payers, said Union Finance Minister Arun Jaitley on Monday. “The GST will make tax collection efficient, check evasion...
Jaitley to open India-Africa Cooperation sessions at AfDB meet

Jaitley to open India-Africa Cooperation sessions at AfDB meet

Gandhinagar, May 22  As part of the annual meeting of the African Development Bank (AfDB) that begins here from Monday, Finance Minister Arun Jaitley will open the India-Africa Cooperation sessions to discuss ways of boosting mutual cooperation, industry...

14th GST council meet starts in Srinagar

Srinagar, May 18  The crucial 14th Goods and Services Tax (GST) Council meeting to finalise tax slabs on services and commodities in the country started here on Thursday. Chaired by Union Finance Minister Arun Jaitley, this is the first time that such...
PNB sponsored Madhya Bihar Gramin Bank employees contribute salary towards Army Welfare Fund

PNB sponsored Madhya Bihar Gramin Bank employees contribute salary towards Army Welfare Fund

Usha Ananthasubramanian, Managing Director & CEO of Punjab National Bank handed over cheque of Rs.29.85 lacs to Arun Jaitley, Minister of Defence, for Army Welfare Fund Battle Casualities. The employees of Madhya Bihar Gramin Bank, sponsored by Punjab...
Parliament passes GST bills; government looking at July 1 roll out

Parliament passes GST bills; government looking at July 1 roll out

New Delhi, April 6  Decks have been cleared for implementation of the biggest indirect tax reform since independence, with parliamentary approval to the GST as Rajya Sabha on Thursday passed the four enabling bills for its roll out, possibly from July...
India-UK launch 240 mn pound joint fund for green energy

India-UK launch 240 mn pound joint fund for green energy

New Delhi, April 5  India and Britain on Tuesday agreed to jointly set up a fund with corpus contributions of 120 million pounds each to finance Indian infrastructure projects, it was announced. “In a major step taken today (Tuesday) on the National...
Lok Sabha passes all four GST Bills

Lok Sabha passes all four GST Bills

New Delhi, March 30  India moved a step closer to becoming a unified market in line with the federalist vision of the architects of its Constitution with the passage in Parliament on Wednesday of the GST Bill, which extends pan-India except to Jammu...
India, Russia sign two agreements for Sukhois’ maintenance

India, Russia sign two agreements for Sukhois’ maintenance

The Chairman and Managing Director, Hindustan Aeronautics Limited, Shri T. Suvarna Raju and the CEO of United Engine Corporation of Russia, Mr. A.V. Artukhov signing an agreement, in the presence of the Union Minister for Finance, Corporate Affairs and...