In a meeting chaired by Prime Minister Narendra Modi on Friday, Finance Minister Arun Jaitley said that the government has decided to cut non-essential imports and increase exports amid a widening current account deficit (CAD), sliding rupee and soaring crude oil prices. Addressing the media after attending a meeting to[Read More…]
Tag: Finance Minister Arun Jaitely
GST replaced ‘Congress legacy tax’ with ‘Good and simple tax’: Arun Jaitley
Union Minister Arun Jaitley on Friday said the GST has replaced the ‘Congress Legacy Tax’ — which was 31 per cent for most goods — with a ‘good and simple tax’, adding that the existing 28 per cent slab will be phased out following further improvement in revenue collections. It[Read More…]
Corruption in politics due to electoral funding mechanism: Arun Jaitley
Finance Minister Arun Jaitley said that cleansing political funding is a “big challenge” but the government is working on the electoral bonds mechanism announced in Budget to end corruption. He further added that people used to say that if corruption is to be annihilated from the country, then the exercise[Read More…]
Tax Free Wings
Women’s empowerment by far is one the most vexed issues in any nation. However developed or underdeveloped, liberal or conservative a nation may be, the difficulty with empowering women is a challenge that cannot simply be tackled by any government by fiscal and legal provisions like in the case of[Read More…]
No plan to impose any tax on agricultural income: FM
Farmer loan waivers is state subject: Arun Jaitley in Rajya Sabha
Finance minister Arun Jaitley on Wednesday ruled out farm loan waivers by the Centre but said states can utilise their own resources in this regard. He clarified that the Centre will not adopt a selective approach by helping one state and not the others. “This issue (loan waiver) has cropped[Read More…]