New Delhi: Union Home Minister Rajnath Singh will head the Bharatiya Janata Partys ‘Sankalp Patra’ (manifesto committee), while Finance Minister Arun Jaitley will chair the publicity committee of the BJP for the next Lok Sabha elections. In all 17 committees have been announced on Sunday by BJP President Amit Shah[Read More…]
Tag: Finance Minister Arun Jaitley
Gandhi family understands only money, not national security: Jaitley on Rafale
New Delhi: Finance Minister Arun Jaitley on Wednesday launched a no-holds-barred attack on Congress President Rahul Gandhi and his family and said he understood only the arithmetic of money and not issues related to national security. Intervening in a debate on the controversial Rafale fighter jet deal in the Lok[Read More…]
GST collections slip to Rs 94,726 crore in December
New Delhi: Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs 94,726 crore in December from Rs 97,637 crore collected in November despite a rise in the number of tax returns filed. The Finance Ministry on Tuesday said a total of 72.44[Read More…]
Rajya Sabha adjourned for day amid ruckus over interception order
New Delhi: The Rajya Sabha was on Friday adjourned for the day amid ruckus over the government order to give central investigative agencies and the Delhi Police sweeping powers to intercept computers. As soon as the House reassembled at 2.30 p.m after an earlier adjournment, Leader of Opposition Ghulam Nabi[Read More…]
Jaitley demands discussion on Rafale, RS adjourned for day
New Delhi, Finance Minister Arun Jaitley on Friday demanded a discussion on the Rafale deal in the Rajya Sabha as the upper House was adjourned for the day amidst sloganeering and noise. “I demand that Congress party should immediately start a discussion on Rafale,” Jaitley said. The Bharatiya Janata Party[Read More…]
12% GST on sanitary napkins fine, says Maneka Gandhi
New Delhi: Union Minister for Women and Child Development Maneka Gandhi on Wednesday said that 12 per cent Goods and Services Tax (GST) imposed on sanitary napkins is acceptable. “It has come down from 18 per cent… At the moment, the market is dominated by multinational companies. So, what has[Read More…]
Vijay Rupani stays as Gujarat CM, Nitin Patel his deputy
Vijay Rupani will continue as the Chief Minister of Gujarat and Nitin Patel as his deputy, the BJP announced on Friday after Finance Minister Arun Jaitley oversaw a meeting of the party’s newly-elected MLAs. The legislators unanimously elected Rupani as leader of the BJP’s legislature party, Jaitley told reporters. He[Read More…]
Congress’s 2G spectrum policy was corrupt and dishonest: Jaitley
Finance Minister Arun Jaitley on Thursday slammed the Congress for treating the 2G spectrum scam case verdict as a “badge of honour”, saying the UPA’s policy of spectrum allocation was “corrupt and dishonest”. “Congress leaders are treating this judgement as some kind of a badge of honour and a certification[Read More…]
Winter session will be held; delays happened earlier too: Jaitley
Countering opposition criticism, Finance Minister Arun Jaitley on Monday said the Winter Session of Parliament would “certainly” be held, adding that Parliament sessions have been delayed in the past as well. “It has happened several times that Parliament sessions are rescheduled when an election is happening and timing is decided[Read More…]
Note ban was to change the way India spends: Jaitley
Mounting a powerful defence of the demonetisation measure designed to curb black money, Finance Minister Arun Jaitley on Tuesday said that as a disruptor of the status quo ante the note ban, along with other measures taken, has set in motion a process of changing the manner in which India[Read More…]
Food processing will be main industry in future: Jaitley
The entire Indian agriculture value chain is set to change drastically and food processing is going to be one of the main industries of the country in the future, Finance Minister Arun Jaitley said on Friday. “The farm to kitchen chain is going to change in India, like elsewhere, with[Read More…]
India’s growth to accelerate due to GST: Jaitley
Demonisation won, not demonetisation: Kapil Sibal
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…]
GST on track, to be implemented from July 1: Arun Jaitley
Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST), the new indirect tax regime, was on track and 1 July was going to be its likely date of implementation. “It (GST) looks on track. Subject to Parliament approval, it looks like the possible date of implementation[Read More…]
Nationalism a bad word only in India: Jaitley
Kejriwal seeks bank accounts details of FM Jaitley
IRCTC, IRCON, IFRC to be listed on stock exchange
The state-run railway companies IRCTC, IRCON and IRFC would be listed on stock exchanges soon, Finance Minister Arun Jaitley said on Wednesday while presenting annual budget 2017. IRCTC controls all the digital ticketing operations of Indian Railways, and post demonetisation has seen a 10 percentage point increase in the number[Read More…]
Budget adheres to fiscal prudence: Suresh Prabhu
Witnessed historic reform in last one year: FM
We will end this year with higher revenues, says FM Arun Jaitley
Finance Minister Arun Jaitley on Wednesday said that direct and indirect tax will surpass Budget estimate of Rs 16.3 lakh crore by March-end. Arun Jaitley holds Budget consultations with Finance Ministers of all states, UTs to hear their expectations from the budget 2016-17. “We will end this year with higher[Read More…]
Impact on GDP not as bad as predicted: Jaitley on note ban
Claiming that critics were proved wrong on note ban, Finance Minister Arun Jaitley on Thursday said that impact ofdemonetisation on GDP so far not as bad as predicted. “Critics were proved wrong. There could have been adverse impact of demonetisation on GDP for quarter or so, but it is not[Read More…]
RBI has enough cash to last beyond Dec 30, says Jaitley
Finance minister Arun Jaitley on Tuesday assured that the Reserve Bank of India has more than adequate cash for circulation to last not just December 30 but even beyond it. “We were prepared. There has been no day when RBI did not dispense adequate cash to banks. Even today, RBI[Read More…]
Govt may make direct and indirect tax more reasonable: Arun Jaitley on demonetisation
Finance Minister Arun Jaitley on Tuesday hinted at lower direct and indirect tax rates in the future as demonetisation resulted in higher tax revenues coming into the system from unaccounted wealth. “So much money… operating as loose cash has today come into the banking system,” he said. “It has to[Read More…]
Cheaper fuel, train tickets on digital transaction, says Arun Jaitley
To promote cashless transaction, Finance Minister Arun Jaitley on Thursday announced various discounts on digital payments on purchase of fuel and train tickets. Petrol, diesel purchases Arun Jaitley announced a 0.75 per cent discount on purchases of petrol and diesel (at Central Government Petroleum PSUs) using credit or debit cards,[Read More…]