As cow protection manifests itself into violence, the finance minister, Arun Jaitley on Thursday stressed the government’s commitment to cracking down on cow vigilantes in Lok Sabha. He further dealt at length on the constitutional obligation for cow protection and how it was formulated under Jawaharlal Nehru even though he[Read More…]
Tag: Finance Minister
Education first, pilgrimage later, says Manpreet Badal
Speaking at the Vidhan Sabha in Punjab on Thursday, Finance Minister, Manpreet Singh Badal, said that there will be no more free pilgrimage in the state now. Pointing towards the fact that the educational institutions in the state were struggling for funds, he said that the ‘Mukh Mantri Tirath Darshan[Read More…]
States giving loan waivers to farmers should arrange funds on their own: Arun Jaitley
Soon after the Maharashtra government announced a loan waiver for farmers, Finance Minister Arun Jaitley has said that states that want to waive off loans should arrange funds on their own. After the widespread farmers’ agitation, the Maharashtra government announced a loan waiver and decided to form a committee to[Read More…]
GST rates for gold and textiles fixed; roll out from 1st July
A meeting of the 15th Goods and Services Tax (GST) Council began at the Vigyan Bhavan, Delhi, on Saturday to finalise the taxes to be levied on Six commodities, including, gold, textiles, footwear, agriculture, handloom and handicrafts. Here are the highlights: Rate for gold, gems and jewellery fixed at 3%[Read More…]
‘We have restored credibility of the economy’, says Arun Jaitley
On completion of NDA government’s three years in power, Finance Minister Arun Jaitley briefed the media in New Delhi on Thursday. He claimed to have “restored the credibility of the economy”, adding that, “We have shown decisiveness, even the ability to take difficult decisions.” He said the government has taken[Read More…]
Certain that Karti never met any officer connected to FIPB: P Chidambaram
On Monday, former Finance Minister and Senior Congress leader P Chidambaram said that it was “preposterous” that any of his family members could influence six secretaries of the central government who were a part of FIPB. “Anyone familiar with the working of the FIPB knows that no single officer can[Read More…]
No plan to impose any tax on agricultural income: FM
India’s growth to accelerate due to GST: Jaitley
GST Bills in present form not acceptable: Congress
The GST Bills in their present form were not acceptable to the Congress, but the party sought to tread cautiously to avoid being seen as against the tax reform measure. At a key strategy meeting of Congress MPs in the Lok Sabha chaired by party vice president Rahul Gandhi, it[Read More…]
J&K govt asks houseboats to not pollute Dal lake
People using multiple pan cards to evade tax: Jaitley defends Aadhaar decision
Defending the amendment in the Finance Bill, Finance Minister Arun Jaitley on Wednesday said that biometric security of Aadhaar would prevent individuals from holding multiple PAN cards and evading tax. “In a situation where it has come to light that one citizen has up to five PAN cards, to avoid[Read More…]
19 Opp MLAs in Maharashtra assembly suspended
No proposal to withdraw Rs 2000 currency notes, says Jaitley
Finance Minister Arun Jaitley on Friday said there is no proposal to withdraw the Rs 2,000 notes that were introduced post-demonetisation. The Rs 2,000 banknotes were introduced along with new Rs 500 currency following the withdrawal of old Rs 500 and Rs 1,000 notes from November 9, 2016. “There is[Read More…]
GST: Council clears State, Union territory laws
With the Goods and Service Tax (GST) Council on Thursday approving the remaining two draft bills — UT-GST (Union Territory GST) and S-GST (State GST), all the five enabling draft bills stand approved to enable a likely roll out of the new indirect tax regime by July 1. The panel,[Read More…]
Union Finance Minister Arun Jaitley given additional charge of Defence Ministry
Union Finance Minister Arun Jaitley was given the additional charge of Defence Ministry on Monday, as per Rashtrapati Bhavan. The move comes in the wake of resignation of Manohar Parrikar as the defence minister. Parrikar will be sworn in as the Chief Minister of Goa on Tuesday heading the BJP-led[Read More…]
Funds to be ready for govt schemes from Apr 1: FM to ministries
Finance Minister Arun Jaitley on Tuesday asked various central ministries to remain in a state of readiness for implementing schemes and projects as funds would be made available from April 1. “This time the Finance Bill would be passed by Parliament before March 31, 2017, therefore, different ministries should be[Read More…]
Finance minister Arun Jaitley presents Union Budget 2017-18 in Lok Sabha
Finance Minister Arun Jaitley is presenting the Union Budget 2017 in Parliament. This budget is also special as it is the first time that the Union and railway budgets have been merged. The merger brought an end to the 92-year-old tradition of having a separate railway budget. The demonetization of[Read More…]
Arun Jaitley knew about demonetisation in advance: Piyush Goyal
Power Minister Piyush Goyal on Saturday dispelled rumours that Finance Minister Arun Jaitley was unaware of demonetisation. He said that he knew it and kept it as secret despite being “very friendly and open”. “When the bombshell (demonetisation) came… Every body wanted to know how Mr Jaitley could keep the[Read More…]
India at world’s centre stage but can do better, says Arun Jaitley
India is at the world’s centre stage more than ever before for “aspiring to do better in an adverse” environment, Finance Minister Arun Jaitley has said but cautioned that by its own yardstick, the country’s current growth rate is not enough. “More than even before we are at the centre[Read More…]