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Dec 20, 2016, 10:31 AM
Following RBI's latest announcement to tighten rules for depositing scrapped Rs 500 and 1,000 notes, Finance Minister Arun Jaitley has said that no questions will be asked if any amount of junked currency is deposited in one go but repeated deposits
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National | Dec 18, 2016, 06:39 AM
Finance Minister Arun Jaitley on Saturday said there has not been any change of law after demonetisation and parties already come under the purview of Section 13A of the Income Tax Act 1961.
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National | Dec 17, 2016, 10:30 PM
Finance Minister Arun Jaitley today said that infrastructure investment needs a booster and his next Budget in February will concentrate on empowering more open and also private spending to help financial development. Speaking at ET
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Dec 17, 2016, 01:55 PM
Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST) regime needs to be implemented between April 1 and September 16, 2017, due to constitutional compulsions.
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Dec 15, 2016, 05:14 PM
Finance Minister Arun Jaitley on Thursday said that digital transactions are a parallel mechanism, not a substitute, for cash transactions.
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National | Dec 14, 2016, 12:50 PM
Launching a direct attack on the government, firebrand Bharatiya Janata Party MP Subramanian Swamy has said that the demonetisation drive has led to “huge collateral damage” and blamed the Finance ministry for the poor execution.
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Dec 14, 2016, 10:38 AM
With less than 50 days left for union budget 2017-18, finance Minister Arun Jaitley has hinted at lower direct and indirect tax rates at "some stage" as demonetisation has resulted in higher revenues from unaccounted
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Dec 13, 2016, 06:06 PM
Finance Minister Arun Jaitley today hinted at lower direct and indirect tax rates in the future as transactions would be substantially digital which would result in higher tax revenues from unaccounted wealth coming into the system.
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Dec 09, 2016, 07:02 PM
Finance Minister Arun Jaitley on Friday said that India has expressed reservations on World Bank’s ‘Doing Business Report’ where it has been ranked 172 amongst 190 countries. Government is aware of the latest analysis of
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Dec 09, 2016, 06:54 PM
The government has gathered Rs 146 crore by method for 'Equalisation Levy', which was acquainted in the current year's Budget with tap charge on income accumulating to foreign e-commerce business organizations from India. A person
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Dec 08, 2016, 09:13 PM
Finance Minister Arun Jaitley today cautioned people that mere depositing the old notes in banks will not help in converting the money from 'black to white' and tax liability would remain on unexplained funds. Less
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National | Dec 08, 2016, 09:12 PM
Ruckus created by some Opposition parties continued in both the houses of the Parliament today except for a brief period in Lok Sabha when government succeeded in transacting some business.
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Dec 09, 2016, 11:20 AM
Finance Minister Arun Jaitley today announced a slew of incentives for those opting digital mode of payment for various services.
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Dec 08, 2016, 10:52 AM
Pinning hopes on quick resolution of the difficult issue of tax jurisdiction with states, Finance Minister Arun Jaitley has said that the Goods and Services Tax (GST) regime will be rolled out from April next year.
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National | Dec 07, 2016, 12:46 PM
Finance Minister Arun Jaitley today dared the Opposition to begin the debate over demonetisation, an issue that has rocked Parliament since the Winter Session began on November 16.
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Dec 02, 2016, 04:49 PM
The Associated Chambers of Commerce of India (Assocham) on Friday has sought an exemption for industries from the Rs 50,000 cap stipulated for current accounts by the government, saying thr amount was too low and
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Dec 02, 2016, 01:54 PM
Union Finance Minister Arun Jaitley today said that the cash crunch following the November 8 decision to demonetise Rs 500 and Rs 1,000 notes will ease by December 30 with the release of a significant part of new Rs 500 and Rs 2,000 notes.
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National | Dec 02, 2016, 11:53 AM
Finance ministry today said those indulging in money laundering activities and converting their ill-gotten money into white will not be spared as law-enforcement agencies are already chasing such trails.
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National | Dec 01, 2016, 10:22 PM
Even two-and-a-half years after the NDA came to power, people remember the previous UPA regime for corruption, Finance Minister Arun Jaitley said.
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Dec 01, 2016, 07:35 PM
Finance Minister Arun Jaitley on Thursday said the hardships faced by people after demonetisation of high-value currency notes will remain for one or two quarters.