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NPA resolution not to liquidate companies, but to help save them: Finance Minister

NPA resolution not to liquidate companies, but to help save them: Finance Minister

Explaining the rationale for the new insolvency and bankruptcy code (IBC), he said, this was necessitated by the failure of debt recovery tribunals to effectively perform their duty after the initial success.

NPA resolution: RBI chief calls for recapitalisation of banks

NPA resolution: RBI chief calls for recapitalisation of banks

Reserve Bank Governor Urjit Patel on Saturday called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad loans at 9.6 percent of the system is not acceptable.

No inconsistency in number of tax payers: CBDT

No inconsistency in number of tax payers: CBDT

The statement by the tax department follows some doubting the numbers over different figures quoted at different points of time.

Jaitley asks states to cut VAT on natural gas, other fuel

Jaitley asks states to cut VAT on natural gas, other fuel

Finance Minister Arun Jaitley has written to state chief ministers seeking a cut in sales tax or VAT on fuels like natural gas that have been kept out of the GST but are used as inputs for goods that come under the new indirect tax regime.

Amit Shah sets 'Mission 350+' for 2019 Lok Sabha polls

As opposition leaders were holding a conclave on Thursday, BJP President Amit Shah held a meeting here with party officials and union ministers to chalk out strategy for the 2019 Lok Sabha polls setting a target of 350-plus seats for the party in the next Lok Sabha elections.

Unfortunate that corruption was institutionalised, time for middlemen is over: PM Narendra Modi

Unfortunate that corruption was institutionalised, time for middlemen is over: PM Narendra Modi

He expressed remorse that corruption was institutionalised for so long. Conversely he also stated that the time for middlemen is now over.

Revenue dept's probes source of data on black money: FM Jaitley

Revenue dept's probes source of data on black money: FM Jaitley

Finance Minister Arun Jaitley on Wednesday said ongoing probes of and notices to depositors of unexplained money post note ban were among the sources to collate information about black money that figured in Prime Minister Narendra Modi's Independence Day speech.

Home buyers who have deposited money with developers must get possession: Arun Jaitley

Home buyers who have deposited money with developers must get possession: Arun Jaitley

Expressing government's sympathy with the flat buyers, Finance Minister Arun Jaitley said that people who have deposited money with the developers should get possession of their flats. 

Govt extends tax exemption for industry in North East, hilly states

Govt extends tax exemption for industry in North East, hilly states

Finance Minister Arun Jaitley on Wednesday said that the the north easter and Himalayan states will contiunue to receive tax exemption on industries till March 2027, inform of refund, under the current GST regime which was rolled out on July 1.

Pakistan continuing with nefarious activities, Jaitley tells armed forces

Defence Minister Arun Jaitley on Monday said that Pakistan continues with its "nefarious activities" of sponsoring cross border terrorism.

Arun Jaitley reviews FDI policy in various sectors

Arun Jaitley reviews FDI policy in various sectors

Finance Minister Arun Jaitley on Monday held a meeting with other ministers and government officials for a review of the current Foreign Direct Investment (FDI) policy, informed sources said.

Amitabh Bachchan under I-T scanner in Panama Papers case

Amitabh Bachchan under I-T scanner in Panama Papers case

The report quoting a senior official further said that the tax department has already dispatched a top-level officer to the British Virgin Islands to access information.

PAN-Aadhaar linking: More than 9.3 crore out of 30 crore PAN cards linked with Aadhaar so far

PAN-Aadhaar linking: More than 9.3 crore out of 30 crore PAN cards linked with Aadhaar so far

While Aadhaar is issued by the Unique Identification Authority of India (UIDAI) to a resident of India, PAN is a 10-digit alphanumeric number alloted by the I-T department to a person, firm or entity.

Terrorists in Kashmir under pressure, stone pelters have dwindled: Arun Jaitley

Terrorists in Kashmir under pressure, stone pelters have dwindled: Arun Jaitley

During encounters, hundreds or thousands of stone pelters used to assemble to allow free passage to militants.

Our armed forces have adequate defence equipment, prepared to face any eventuality: Arun Jaitley

Our armed forces have adequate defence equipment, prepared to face any eventuality: Arun Jaitley

Amid the ongoing stand-off going between Indian and Chinese military at Doklam, Union Defence Minister Arun Jaitley on Friday assured the Lok Sabha that India Army has enough force to tackle any kind of situation and are prepared to face any eventuality. 

No time frame fixed to complete Aadhaar-PAN linkage, says govt

No time frame fixed to complete Aadhaar-PAN linkage, says govt

Finance Minister Arun Jaitley on Friday informed the Lok Sabha that the government has not fixed any time frame to complete the linking of Aadhaar with PAN.

Doklam row: Armed forces are prepared to face any eventuality, Arun Jaitley assures Lok Sabha

Doklam row: Armed forces are prepared to face any eventuality, Arun Jaitley assures Lok Sabha

India and China are engaged in the standoff in the Doklam area near the Bhutan tri-junction since June.

Govt taking expeditious action against shell companies: Jaitley

Govt taking expeditious action against shell companies: Jaitley

On August 7, Sebi had asked the stock exchanges to take action against 331 suspected shell companies which were referred to it by the corporate affairs ministry.

Govt has not written off single rupee of corporate loans: FM

Govt has not written off single rupee of corporate loans: FM

He told the 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.

Sebi launches online registration for custodians of securities

Sebi launches online registration for custodians of securities

"All applicants desirous of seeking registration as a custodian of securities are now required to submit their applications online only, through Sebi intermediary portal," the regulator said in a circular.