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Despite differences  between states over GST draft, govt hopeful of rolling out GST on April 1

Despite differences between states over GST draft, govt hopeful of rolling out GST on April 1

The crucial meeting of the GST Council on Friday and Saturday ended without states reaching any consensus. The Council is slated to meet again on December 11 and 12 amid hopes of rolling out GST on April 1.

There is constitutional compulsion before states to roll out GST before September 16, 2017: Arun Jaitley

There is constitutional compulsion before states to roll out GST before September 16, 2017: Arun Jaitley

Finance Minister Arun Jaitley said on Friday that rolling out GST before September 16 has become a constitutional necessity as  states will not be able to collect their share of taxes henceforth,there is no scope to delay the decision any further.

GST Council to discuss model laws, tax jurisdiction on Friday

GST Council to discuss model laws, tax jurisdiction on Friday

The issues of draft model laws for implementation of the new GST regime from April 2017 and its jurisdiction will be form the forefront of discussion in the GST Council meet at the two-day meeting starting Friday.

GST, currency change to be 'game changers' for Indian economy: Arun Jaitley

GST, currency change to be 'game changers' for Indian economy: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said that goods and services tax (GST) and demonetisation will be 'game changers' for Indian economy.

IT Amendment bill tabled in Lok Sabha; proposes 30% tax on undisclosed income plus 10% penalty

IT Amendment bill tabled in Lok Sabha; proposes 30% tax on undisclosed income plus 10% penalty

Finance Minister Arun Jaitley, on Monday, tabled the Income Tax Amendment Bill in the Lok Sabha amid chaos and protests in a bid to corner the ruling BJP government on the issue of demonetisation. The IT Amendment Bill proposes proposes 30% tax on undisclosed income plus 10% penalty on the unaccounted wealth.

 

Task force set up to oversee expansion of POS machines: Arun Jaitley

Task force set up to oversee expansion of POS machines: Arun Jaitley

The government has set up a task force to oversee the expansion of point of sale (POS) machines to facilitate further expansion of the cashless economy in India, Union Finance Minister Arun Jaitley said on Thursday.

Demonetisation to have positive impact on economy including GDP: Arun Jaitley

Demonetisation to have positive impact on economy including GDP: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said the government`s demonetisation move is going to have "a positive impact on the economy, including GDP".

Make funds available to farmers through cooperative institutions: Arun Jailey to banks

Make funds available to farmers through cooperative institutions: Arun Jailey to banks

Government on Monday asked banks to provide resources to cooperative institutions with which they are associated to meet cash requirements of the farm sector during the ongoing rabi season.

 GST: Centre and states fail to reach consensus on jurisdiction over assessees

GST: Centre and states fail to reach consensus on jurisdiction over assessees

The Centre and states on Sunday failed to reach a consensus on who will control which set of assessees under GST.

16 of 22 PSU banks skip dividend in FY16 on mounting NPAs

16 of 22 PSU banks skip dividend in FY16 on mounting NPAs

Saddled with mounting bad loans, as many as 16 public sector banks, including PNB, BoB and Canara Bank, skipped paying dividend in 2015-16, leading to three-fold decline in government receipts to Rs 1,444.6 crore.

Arun Jaitley calls for latest technology, hints at farm incentive review

Arun Jaitley calls for latest technology, hints at farm incentive review

Finance Minister Arun Jaitley on Saturday called for focus on higher agriculture productivity through use of the latest technology and high-yielding crop varieties to help double farmers' income by 2022.

Ratan Tata meets Finance Minister Arun Jaitley, declines comment

Ratan Tata meets Finance Minister Arun Jaitley, declines comment

Amid the battle raging for the control of Bombay House, the headquarters of the $103 billion Tata empire, interim Chairman Ratan Tata met Finance Minister Arun Jaitley here on Tuesday, but neither side offered any comment.

Extend deadline for using demonetised notes till Dec 30: Shiv Sena to govt

Extend deadline for using demonetised notes till Dec 30: Shiv Sena to govt

The Shiv Sena on Saturday urged Union Finance Minister Arun Jaitley to extend the deadline for using the demonetised notes for utility payments and exchange till December 30.

Adequate quantity of salt in every state, says Finance Minister Arun Jaitley

Adequate quantity of salt in every state, says Finance Minister Arun Jaitley

Finance Minister Arun Jaitley today dismissed canard about shortage of salt in the country as "concocted rumours" and stressed adequate quantity is available in every state.

Common man's money safe in banks; recalibrating ATMs in advance would have marred secrecy of operation: Arun Jaitley

Common man's money safe in banks; recalibrating ATMs in advance would have marred secrecy of operation: Arun Jaitley

 Taking stock of the situation arising after demonetisation operation announced by the government on Tuesday, Finance Minister assured public that common man's money is safe in the banking system, and recalibration of ATMs in advance was not possible considering the secrecy of the entire operation.

Will check ''black money'' records since Independence, says PM Modi

Will check ''black money'' records since Independence, says PM Modi

Prime Minister Narendra Modi on Saturday said the government will go through all personal records since Independence, if required, on the issue of black money and no violator would be spared.

Arun Jaitley exhorts banks to lend a hand to corporates

Arun Jaitley exhorts banks to lend a hand to corporates

Content with robust foreign capital flows and increasing public investment, Finance Minister Arun Jaitley on Saturday exhorted banks to support corporates to help spur private investment, a must for the economy to take off in a big way.

It's time for private sector to invest in country in big way: Finance Minister

It's time for private sector to invest in country in big way: Finance Minister

Finance Minister Arun Jaitley today said public and foreign investment remains intact, but private sector expansion is needed in a big way to let the economy start firing on all cylinders.

Royal order sacks Saudi finance minister

Ibrahim al-Assaf "has been removed from his position", said a royal decree, one of a series of orders from King Salman, published by the official SPA news agency.

Dearness Allowance likely to come as Diwali gift for central government  employees

Dearness Allowance likely to come as Diwali gift for central government employees

Zee Media Bureau

New Delhi: The government is likely to announce the much awaited Dearness Allowance for government employees just before Diwali.