Finance Minister Arun Jaitley

Arun Jaitley takes a dig at Congress for appointing Lt Gen DS Hooda, says late acceptance of surgical strike

The finance minister attacked the Congress for “triviliasing” terrorism and warned the party against projecting a “divided India” to the world vis-à-vis fighting terrorism

Arun Jaitley rubbishes EVM rigging allegations, says Congress insanity becoming contagious

The Congress has been raising concerns over the security of EVMs and has been demanding the return to the ballot system of voting.

GST Council meet updates: Returns under composition scheme only once a year, says FM Arun Jaitley

This blog will keep you posted on the developments from the 32nd GST Council meet.

Led by FM Jaitley, ministers blast RBI functioning under Urjit Patel

Coal Minister Piyush Goyal, who manned had North Block when Jaitley was on medical leave, hit out at RBI for making "unreasonable" amendments to the framework.

80th session of WCO policy commission to commence on December 3

The Indian delegation will be headed by CBIC Chairman S Ramesh along with Member (Customs) P K Das and other senior officers.

Vijay Mallya: Met Finance Minister in 2016 before leaving India, Arun Jaitley refutes claim

The 62-year-old former Kingfisher Airline boss said he had met the minister and offered to settle the issue with banks

Court to record evidence on April 7 on Jaitley's defamation plea

Jaitley had on August 5 last year accused Kejriwal and other AAP leaders of making "false, scandalous and defamatory" allegations against him, claiming it adversely affected his reputation.

States not in favour of petrol, diesel inclusion into GST: FM

The five petroleum items have been kept out of GST as they are considered cash cows, giving both the Centre and states bulk of their tax revenues.

Congress' Gujarat manifesto 'financially impossible': FM Arun Jaitley

Finance Minister Arun Jaitley on Saturday termed the Congress party's Gujarat poll manifesto as 'constitutionally and financially impossible' and said the promises like quota to Patidar and farm loan waiver can never be fulfilled.

Structural changes have had transient impact, but see growth resuming soon: FM Jaitley

There is a challenge and it would be incorrect for anybody to interpret a challenge to the economic situation as some kind of a crisis, he said.

Cabinet gives in-principle approval to Air India divestment

Finance Minister Arun Jaitley said that a Group of Ministers (GoM) will be formed to look into Air India's divestment.

Mission to infuse capital in banks not the last step: Jaitley

Mission Indradhanush to infuse capital in public sector banks is not the last step as far as their recapitalisation is concerned, Finance Minister Arun Jaitley said today, asserting that the government was fully supporting them.

Centre releases Rs 17,994.21-cr for Punjab's wheat purchase

In a relief to Punjab government, the Centre today released Rs 17,994.21 crore towards Cash Credit Limit (CCL) for Rabi procurement subject to certain conditions laid down by the Reserve Bank of India.

GST bills in RS; Oppn questions preparedness on new tax regime

The Rajya Sabha today took up the four bills related to the GST, with the Opposition questioning the government's preparedness to implement the indirect tax regime and urging for a mechanism to insulate taxpayers from harassment by tax authorities.

Cabinet to consider GST laws today

The decks for July 1, 2017 rollout of goods and services tax (GST) is getting cleared. CGST, IGST, UTGST and Compensation Laws will be taken up by Finance Ministry to today’s morning cabinet for a quick clearance.

Government considering FDI relaxation in multi-brand retail policy

Sources said the government is considering permitting foreign supermarket players to open retail stores but only for sale of 'Made in India' products.

Government approves second tranche of capital infusion in PSU banks

The government has approved the second tranche of capital infusion in public sector banks to enhance their capital base.

GDP numbers highly suspect, govt misleading public: Cong

The Congress today dubbed the GDP numbers as "surprising" and "highly suspect" that could dent India's global credibility and accused the prime minister and the finance minister of "misleading" the public.

SBI merger may be delayed as banks yet to seek CCI approval

The merger of State Bank of India and its associate banks such as State bank of Travancore is likely to be delayed further as the PSUs are yet to receive approval from the Competition Commission of India (CCI).

FPIs pour Rs 9,500 cr in capital markets in Feb so far

Overseas investors have pumped in over Rs 9,500 crore (USD 1.4 billion) into the country's capital markets this month so far, enthused by clarity on FPI taxation.

Road to GST: Council clears draft law for compensating states' loss

Finance Minister Arun Jaitley-led GST Council met on Saturday and approved the Draft Compensation Bill, in a bid to speed up the rollout of Goods and Services Tax by July 1, 2017. Crucial draft laws pertaining largely to Central GST, Integrated GST and State GST are yet to be finalised.