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GST slabs necessary for transition: Arjun Ram Meghwal

GST slabs necessary for transition: Arjun Ram Meghwal

The Goods and Services Tax (GST) will have few tax rate slabs beside a standard rate but only for a transition period before India gradually moves to a pure single tax rate regime, Union Minister of State for Finance Arjun Ram Meghwal said.

Would have been better finance minister than Arun Jaitley: Subramanian Swamy

Would have been better finance minister than Arun Jaitley: Subramanian Swamy

BJP leader Subramanian Swamy believes he will be a better Finance Minister than the incumbent Arun Jaitley.

Cabinet to take up Budget overhaul ;session likely from Jan 24

Cabinet to take up Budget overhaul ;session likely from Jan 24

 The Cabinet may next week take up the proposal for merging Railway Budget with the General Budget and advancing the Parliament session by about a month to January 24 so as to complete all legislative work before the beginning of the new fiscal from April.

Finance Minister Arun Jaitley's live press conference

Finance Minister Arun Jaitley's live press conference. Watch this special segment and get to know more here.

Pay tax under dispute resolution scheme on time to get relief

Pay tax under dispute resolution scheme on time to get relief

 CBDT today said assessees taking advantage of the Direct Tax Dispute Resolution Scheme, 2016, will be required to pay the taxes within the stipulated period to avail the relief under the scheme.

Finance Ministry revises criteria for recapitalisation of PSU banks

Finance Ministry revises criteria for recapitalisation of PSU banks

 State-owned banks looking forward to the next round of capital infusion will need to fulfill a new set of criteria, including credit recovery, as the Finance Ministry has revised the recapitalisation norms.

Urjit Patel will contribute to India's growth story: Arun Jaitley

Urjit Patel will contribute to India's growth story: Arun Jaitley

Finance Minister Arun Jaitley on Saturday exuded confidence that Urjit Patel will contribute to India's economic development as the next Reserve Bank governor.

 

 

 

Moderate taxes, high evasions cannot coexist: Finance Minister

Moderate taxes, high evasions cannot coexist: Finance Minister

 Amid intense speculation over the rate of Goods and Services Tax (GST), Finance Minister Arun Jaitley today said moderate taxes and high evasions cannot coexist.

Dr. Subhash Chandra asks question to Finance Minister Arun Jaitley in Rajya Sabha

Dr. Subhash Chandra asks question to Finance Minister Arun Jaitley in Rajya Sabha

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Raghuram Rajan calls on Finance Minister ahead of monetary policy

Raghuram Rajan calls on Finance Minister ahead of monetary policy

Ahead of monetary policy review scheduled on August 9, Reserve Bank of India (RBI) governor Raghuram Rajan called on Finance Minister Arun Jaitley to discuss the macroeconomic situation ahead of his last monetary policy review on Tuesday.

Resolve dual control issue to facilitate GST: Amit Mitra

Resolve dual control issue to facilitate GST: Amit Mitra

There is an unanimous agreement among the states about no dual control on businesses with an annual turnover below Rs 1.5 crore and the decision has been conveyed to Union Finance Minister Arun Jaitley, the head of the empowered committee of state Finance Ministers said on Tuesday.

Govt should resist urge of control everything: Arun Jaitley

Govt should resist urge of control everything: Arun Jaitley

Government should resist the urge to control everything in a liberalised economy, Finance Minister Arun Jaitley said here on Sunday.

GST Bill: Arun Jaitley to meet state finance ministers on Tuesday

GST Bill: Arun Jaitley to meet state finance ministers on Tuesday

Finance Minister Arun Jaitley will on Tuesday meet his counterparts in states to discuss proposed amendments to the GST Bill that has been passed by the Lok Sabha but is stuck in the Rajya Sabha, an official source here said.

 Black Money: Don't want to be big brother watching, says Arun Jaitley

Black Money: Don't want to be big brother watching, says Arun Jaitley

Asking people to come clean on unaccounted wealth and live with "heads held high", Finance Minister Arun Jaitley on Saturday said government is aware of sectors generating black money but it would be unpleasant to start the "big brother watching" process.

SBI associates' staff will not be affected by merger: Arun Jaitley

SBI associates' staff will not be affected by merger: Arun Jaitley

Interest of the employees of five associate banks will be protected following their merger with the parent entity State Bank of India, Finance Minister Arun Jaitley said on Friday.

Noisy scenes in Assam Assembly, Congress stages walkout

Noisy scenes were witnessed in the Assam Assembly for the second day in a row over the Special Category Status issue as the opposition Congress staged a brief walkout alleging partiality by the Speaker over allowing a discussion on the matter.

PMO is appointing authority of RBI Governor: Govt

PMO is appointing authority of RBI Governor: Govt

RBI Governor is appointed by Prime Minister's Office (PMO) on recommendation of Finance Minister, Parliament was informed Tuesday.

Credit for reforms goes to Narasimha Rao-Manmohan Singh duo, not Congress: Arun Jaitley

Credit for reforms goes to Narasimha Rao-Manmohan Singh duo, not Congress: Arun Jaitley

Giving sole credit to the Narasimha Rao-Manmohan Singh combine, Finance Minister Arun Jaitley said that it was only due to this dynamic pair that economic reforms of 1991 happened, not because of the Congress. 

GST: Govt reaches out to Congress, no consensus reached yet

GST: Govt reaches out to Congress, no consensus reached yet

 A meeting to end impasse over the GST Bill between BJP Union minister and senior leaders of Congress took place on Friday. However, no consensus has reached yet, as per media reports.

Finance Ministry to soon clear 1st tranche of capital infusion in PSBs

Finance Ministry to soon clear 1st tranche of capital infusion in PSBs

The Finance Ministry is likely to soon clear the first round of capital infusion in public sector banks that has been slated for the current financial year.