Finance Minister | The Asian Age

Wednesday, Apr 24, 2024 | Last Update : 03:16 PM IST

finance minister Page-4

Union Finance Minister Arun Jaitley on Saturday reiterated that the Bharatiya Janata Party (BJP)-led Central Government is confident of strictly maintaining the fiscal deficit target at 3.3 per cent. (Photo: ANI)

Confident of strictly maintaining fiscal deficit at 3.3 per cent: Jaitley

The Finance Minister also expressed the government's confidence in maintaining a growth rate higher than what was projected.

16 Sep 2018 4:06 PM

Prime minister Narendra Modi. (Photo: ANI/Twitter)

PM Modi calls high-level emergency meet on Saturday to review economy

Free-fall of rupee and relentless hike in oil prices top agenda of Saturday meeting with Finance Minister and RBI Governer.

13 Sep 2018 9:39 AM

Since 2014, I have never given him any appointment to meet me and the question of his having met me does not arise,” Finance Minister Arun Jaitley said in his Facebook blog. (Photo: File)

Arun Jaitley refutes Mallya's claim; says never gave appointment for meeting

'The statement is factually false in as much as it does not reflect truth,' Arun Jaitley said.

12 Sep 2018 7:33 PM

West Bengal Finance Minister Amit Mitra on Wednesday said the central government should have created a fuel price stabilisation fund to counter the soaring prices of petrol and diesel in the country.

Govt should have set up fuel price stabilisation fund: WB Finance Minister

There is deep concern in many quarters on what the Indian economy is doing at "certain dangerous levels".

12 Sep 2018 6:18 PM

Traders body CAIT wrote to Finance Minister Arun Jaitley on Sunday seeking investigation to assess the potential of health hazards allegedly posed by currency notes. (Photo: PTI)

Probe health hazards posed by currency notes: CAIT to Jaitley

The traders' body quoted findings from various studies which claimed the notes were contaminated.

02 Sep 2018 4:53 PM

Finance Minister Arun Jaitley on Thursday said the demonetisation of Rs 500/1,000 notes led to formalisation of economy, more tax collection and higher growth. (Photo: AFP)

Demonetisation led to more tax collection, higher growth: Jaitley

Was the invalidation of the non-deposited currency the only object of demonetisation? Certainly not, Jaitley said in a blog.

30 Aug 2018 6:19 PM

India expected to become world's 5th largest economy next year: Jaitley

India is expected to surpass Britain next year to become world's fifth largest economy.

30 Aug 2018 12:09 PM

Arun Jaitley on Monday termed the higher gross domestic product (GDP) prints and NPA pile to the indiscriminate lending before and after the 2008 global credit crisis.

NPA woes due to ‘indiscriminate lending’ under UPA, says Jaitley

The economy clipped past the magical 10 per cent-mark under the Manmohan Singh tenure.

28 Aug 2018 11:36 AM

West Bengal Finance Minister Amit Mitra on Friday warned of more financial scams in the country as non performing assets (NPAs) of banks are steadily on the rise.

More financial scams in the offing, says West Bengal FM

Mitra said the figures were collated from the latest Financial Stability Report of RBI and in absolute terms.

24 Aug 2018 7:37 PM

Minister of Finance and Minister of Corporate Affairs to Arun Jaitley. (Photo: PTI)

Jaitley re-appointed as Finance Minister, to take charge today

Jaitley will resume charge of both finance and corporate affairs portfolios today at the North Block office.

23 Aug 2018 10:15 AM

India’s foreign exchange reserves are comfortable by global standards and sufficient to mitigate any undue volatility in the foreign exchange market, the finance minister said on Wednesday, a day after the rupee currency sank to an all-time low.

Govt says forex reserves comfortable to withstand rupee fall

Rupee hit the record low of 70.1 per dollar on Tuesday, as concerns about Turkey’s economic woes.

15 Aug 2018 2:01 PM

Finance Minister Piyush Goyal on Thursday said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalises. (Photo: PTI)

GST on more items to be slashed if revenue increases, says Goyal

Goyal was speaking in the Lok Sabha after moving four bills seeking to amend the Goods and Services Tax laws.

09 Aug 2018 6:15 PM

Nearly a year after introducing it in the Lok Sabha, the government today withdrew the Financial Resolution and Deposit Insurance (FRDI) Bill following widespread concerns over certain provisions in the proposed legislation.

Govt withdraws FRDI Bill from Lok Sabha

A proposal to withdraw the bill was on Tuesday moved by Minister of State for Finance Pon Radhakrishnan.

07 Aug 2018 2:40 PM

Finance Minister Piyush Goyal, who on Saturday chaired the 29th Goods and Services Tax (GST) council meeting, announced that a committee has been set up to look after the issues of Micro, Small and Medium Enterprises (MSMEs). (Photo: PTI)

GST council forms committee to resolve MSMEs issues

Goyal said that the council has chalked out certain measures to ease the issues of MSMEs.

05 Aug 2018 6:24 PM

Union Finance Minister Piyush Goyal on Tuesday told Rajya Sabha that ever since Narendra Modi government came to power in 2014, the black money deposited in Swiss National Bank has reduced by 80 per cent.

Black money deposit in Swiss banks down by 80 per cent, says Piyush Goyal

Ever since Narendra Modi govt came to power in 2014, the black money deposited in Swiss National Bank has reduced by 80 pc.

24 Jul 2018 2:52 PM

The decision of GST rate cut would result in loss of income to the government to an extent of Rs 15,000 crore annually.

Govt revenue to drop by Rs 15,000 crore annually on GST rate cut

According to the interim finance minister Piyush Goyal, the revenue loss will be negligible.

23 Jul 2018 1:54 PM

Finance Minister Piyush Goyal has said that the Goods and Services Tax (GST) has worked well in past one year and has generated sufficient revenue.

GST worked well, generated sufficient revenue, says Piyush Goyal

This year there won't be a dearth of revenue if people continue to be a part of this system, said Goyal.

16 Jul 2018 11:29 AM

The all-powerful GST Council may this week consider bringing jet fuel (ATF) and natural gas under GST ambit but tax slab is acting as a deterrent, people familiar with the matter said.

GST Council may bring natural gas, jet fuel under GST this week

However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult.

15 Jul 2018 11:40 AM

The amount locked up in tax litigation will come down by Rs 5,600 crore as the government has decided to hike the threshold monetary limit to file appeals in tribunals and courts, Finance Minister Piyush Goyal said on Thursday. (Photo: PTI)

Amount locked up in tax litigation to reduce by Rs 5,600 cr, says Goyal

In order to reduce litigation, the govt hiked the threshold limit for filing appeals in tribunals to Rs 20 lakh.

12 Jul 2018 3:26 PM

Union Finance Minister Piyush Goyal on Monday said that the proposal of some political parties for a single GST rate slab was a "ridiculous suggestion".

Single GST rate slab is a ridiculous suggestion, says Piyush Goyal

Congress had promised to reduce it to one slab if voted to power in 2019.

09 Jul 2018 5:13 PM

4 of 7

Columns

Sanjeev Ahluwalia