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Finance Minister Arun Jaitley (Photo: PTI)

Business

Arun Jaitley, Finance Ministry officials reveal big economic revival...

Talking about GST, demonetisation, Jaitley says structural reforms have long term benefits besides some short term...

24 Oct 2017 11:13 AM GMT

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

India

Those who pushed country to policy paralysis, opposed GST: Jaitley...

Lauding GST, Jaitley said, 'Its collection in first 2 months reached anticipated figures; revenue to probably move up in...

28 Sep 2017 2:46 PM GMT

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Business

RBI sticks to October 15 deadline for data localisation in public...

The central bank in April gave six months time to global payment companies to store transaction data of Indian customers...

14 Oct 2018 7:35 AM GMT

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

Business

No respite for consumers as fuel prices witness fresh hike

Arun Jaitley had earlier announced a cut of Rs 2.50 per litre on both petrol and diesel prices.

12 Oct 2018 9:46 AM GMT

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Business

GST 'most complex', needs massive fixing: Punjab Finance Minister

The way India designed its GST, I would actually give it 2 out of 10, says Manpreet Singh Badal.

11 Oct 2018 12:12 PM GMT

Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

Business

Arun Jaitley meets RBI DG, IT Secretary for data localisation

The meeting was also attended by Subhash Chandra Garg, Rajiv Kumar and Ajay Prakash Sawhney.

8 Oct 2018 10:47 AM GMT

$\The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant increase in selling price of petrol and decrease in selling prices of diesel.$ Business

Fuel prices regain upward trend after a relief of Rs 2.50 from Centre

Petrol rate is the highest in Mumbai and diesel rate is the highest in Chennai.

7 Oct 2018 7:19 AM GMT

Senior BJP leader Arun Jaitley outside the finance ministry at North Block in New Delhi on Thursday. (Photo: PTI)

Business

Govt determined to contain IL&FS crisis to avoid any adverse impact:...

The government earlier this week superseded the board of IL&FS.

4 Oct 2018 1:40 PM GMT

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Business

Imposition of calamity tax with GST not advisable: CAIT

CAIT in a statement said that any move to impose calamity tax with the GST will set a wrong precedent in the country.

3 Oct 2018 5:48 AM GMT

A new look team would soon be in place at North Block to prepare Modi governments Interim Budget ahead of the general elections next year.

Business

New look team to steer Interim Budget 2019

Govt is in the process of appointing the chief economic advisor (CEA) who could soon take charge.

22 Nov 2018 4:58 AM GMT

The meet was part of the customary pre-Budget consultation which the Union Finance Minister holds with his state peers. (Photo: ANI)

India

Jaitley, state FMs discuss fiscal policies, budgetary steps in...

The Union Budget for 2018-19 will be presented in Parliament on February 1.

18 Jan 2018 11:33 AM GMT

India

Govt open to suggestions to cleanse political funding: Arun Jaitley

Elections cost money. The round-the-year functioning of political parties involves a large expenditure,' said Mr...

7 Jan 2018 7:34 PM GMT