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Latest Articles in arun jaitley

Reduce VAT Burden On Petroleum Products: Arun Jaitley To State CMs

The letter by finance minister highlights a concern being raised by the manufacturing sector in the country regarding the rise in input costs of petroleum products happening on account of transition to GST regime

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Government Extends Tax Exemption For Industry In North East, Hilly States

Within the framework of the GST Act each industry will be entitled to its own refund mechanism during this particular period (March 31, 2027)

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Finance Ministry Flags Risks To Growth, Inflation To Undershoot

In its mid-year economic survey, Chief Economic Adviser Arvind Subramanian said there were downside risks to the official growth forecast of 6.75-7.5 percent for the fiscal year to March 2018

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Govt Has Not Written Off Single Rupee Of Corporate Loans: Arun Jaitley

Lok Sabha that writing off a loan was a commercial decision of banks and added that there has been no scheme of farm loan waiver by the Centre since 2014, says FM

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Govt Taking Expeditious Action Against Shell Companies: Jaitley

The real owners behind such entities need to be identified and expeditious steps are being taken under the benami and Income Tax laws, the minister said during Question Hour

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Government To Float RFP For Merchant Bankers Over Air India Disinvestment

The announcement of RFP for appointment of a transaction advisor, a legal advisor and asset valuer is expected to be made soon for disinvestment of Air India

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India Launches Exchange-traded Fund For Asset Sales

Jaitley has budgeted to raise 725 billion Indian rupees ($11.39 billion) through the asset sale programme in the fiscal year to end-March 2018

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GST Council May Finalise E-wayb Bill Rules, Fix Anomalies On 5 August

The GST Council is likely to lower tax rate on Saturday on job works making fabric to garments to 5 per cent and put in place a mechanism for online registration of goods above a certain value before they can be transported

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Jaitley Defends SBI Decision To Cut Saving Account Interest Rate

Responding to a Zero Hour mention of the SBI's decision to cut interest rate on saving accounts with less than Rs 1 crore deposit to 3.5 per cent from 4 per cent, he said to protect the interests of senior citizens, the government has already floated a deposit scheme that guarantees 8-plus per cent interest rate

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Deal For Supply Of 48 Mi-17 Choppers To India Likely By Year End: Russia

Russian arms supplier Rosoboronexport's CEO Alexander Mikheev said India has more than 300 helicopters belonging to the Mi-8 and Mi-17 family

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‘Stressed Assets With Banks Signify Prospect For Asset Reconstruction Companies, PE Firms’

The ratio of cost of acquisition to book value of assets acquired by ARCs has been rising, says Arun Jaitley

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Govt Collected Rs 2, 35,308 Crore As Cesses In 2016-17

The total revenue generated from education, Swachh Bharat, Krishi Kalyan and other cesses and surcharges in 2016-17 under direct tax was Rs 46,939.17 crore

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Govt Seeks Par Nod For Rs 11,166 Crore Additional Expenditure

Finance Minister Arun Jaitley presented the supplementary demands for grants for 2017-18 as well as the demands for excess grants in the Lok Sabha for 2014-15

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