ARUN JAITLEY

  • Government to review new Income Tax Return Forms, make them simple Yesterday

    New Delhi: Government on Saturday announced that new Income Tax Return (ITR) Forms that require disclosure of details regarding bank accounts and foreign trips undertaken by an individual will be reconsidered, a move that comes after criticism from tax experts and others. It will come out...
  • India's ability to absorb economic shocks is stronger: Arun Jaitley Yesterday

    Washington: With the vast depth and size of its market, India's ability to absorb international shocks is far stronger as reflected in the rupee remaining relatively stable, Finance Minister Arun Jaitley has said. "International factors obviously have an impact. Considering the vast depth and size of the Indian market...our ability...
  • Automatic information exchange only way to tackle black money: Arun Jaitley Yesterday

    Washington: Finance Minister Arun Jaitley has sought urgent implementation of common reporting standards on automatic exchange of information globally, asserting that it is the only way to tackle the challenges posed by black money. The problem of offshore tax evasion and flow of illicit money can be addressed only by...
  • India has potential to grow at 10 per cent: Arun Jaitley 3 days ago

    Washington: India has the potential to make nine to 10 per cent growth rate a "new normal", Finance Minister Arun Jaitley said on Thursday while asserting that high growth was essential to meet the challenges posed by the country's burgeoning young population. "India has the potential to make nine to ten...
  • RBI nod for different rates on deposits with early withdrawal 3 days ago

    Mumbai: The Reserve Bank on Thursday allowed banks to offer differential interest rates on term deposits depending on whether they are with or without premature withdrawal facility. While all term deposits of individuals (held singly or jointly) of Rs 15 lakh and below should "necessarily" have premature withdrawal facility, RBI said...
  • Arun Jaitley inaugurates Vividh Bharti FM service in Delhi 5 days ago

    New Delhi: Information and Broadcasting Minister Arun Jaitley inaugurated FM service of Vividh Bharti from Delhi on Tuesday at the All India Radio (AIR), New Broadcasting House. Vividh Bharti on FM will be available in Delhi on 100.1 MHz. This is in addition to its availability on MW (Medium Wave) 1,368...
  • Arun Jaitley leaves for US on April 14 to attend IMF-World Bank meet 6 days ago

    New Delhi: Finance Minister Arun Jaitley is leaving for the US on Tuesday night to attend the IMF-World Bank Spring meetings in Washington. RBI Governor Raghuram Rajan and other senior officials of the Finance Ministry and the Reserve Bank will participate in the meeting that is likely to focus on the...
  • Senior ministers discuss Sukma attack, famer's issues 1 week ago

    New Delhi: Senior central ministers met at the residence of union Home Minister Rajnath Singh on Sunday for an "informal" meeting which discussed the Maoist attack at Sukma in Chhattisgarh and the issues concerning farmers, informed sources in said. The meeting was held in the absence of Prime Minister Narendra Modi,...
  • Prashant Bhushan slams Arun Jaitley for asking PIL activists to declare their sources of funding April 11, 2015

    New Delhi: Senior lawyer Prashant Bhushan has slammed Union Finance Minister Arun Jaitley for saying that Public Interest Litigations (PIL) activists' should declare their sources of funding. Jaitley had made the comment on Friday while inaugurating the country's first International Financial Services Centre in Gandhinagar. "Those who file PILs against developmental...
  • 'Nanak Shah Fakir': SGPC wants centre to ban the film's screening April 11, 2015

    Chandigarh: The Shiromani Gurdwara Parbandhak Committee (SGPC), the mini-parliament of Sikh religion, has sought the intervention of Prime Minister Narendra Modi and the central government to ban the screening of film 'Nanak Shah Fakir'. In a communication to Modi and union Information and Broadcasting Minister Arun Jaitley, SGPC president Avtar Singh...
  • PIL activists should declare source of funds: Arun Jaitley April 10, 2015

    Gandhinagar: Union Finance Minister Arun Jaitley on Friday said it should be mandatory for those filing PILs against the government on development projects to declare their source of funds, days after Prime Minister Narendra Modi cautioned the judiciary against being influenced by "five-star activists". The suggestion by Jaitley also came a...
  • Raghuram Rajan says full rupee convertibility in a few years April 10, 2015

    Pune: Reserve Bank Governor Raghuram Rajan on Friday said the central bank is looking at allowing full capital account convertibility in a few years. "My hope is that we will get to full capital account convertibility in a short number of years," he said. Full capital convertibility means a foreign investor...
  • Land law passed under UPA 'conspiracy' against farmers: Arun Jaitley April 9, 2015

    Bhopal: Finance Minister Arun Jaitley on Thursday alleged that the Land Acquisition Law passed in 2013 under the UPA regime was a "conspiracy" to deprive rural areas of development and render landless people jobless. "With an intention to serve their political interests, I can say the 2013 Land Acquisition Law passed...
  • Yemen rescue operation one of India's biggest achievements: Arun jaitley April 9, 2015

    Bhopal: Finance Minister Arun Jaitley on Thursday termed India's exercise to rescue stranded people from war-ravaged Yemen as country's "one of the biggest achievements so far". "Whatever has happened in Yemen, I think it is India's one of the biggest achievements so far. Besides Indians, we have rescued people of 32...
  • NDA comfortably placed in Parliament as far as Land Bill is concerned, says Arun Jaitley April 9, 2015

    New Delhi: Finance Minister Arun Jaitley on Wednesday said the government is very comfortably placed in the Rajya Sabha to get the new Land Acquisition Bill passed. He also said the government is going about it in a constitutional way saying that the law was framed in consultation with the...
  • Moody's Investors Service raises India's credit rating outlook to positive April 9, 2015

    New Delhi: India's credit rating outlook was raised to positive by Moody's Investors Service signaling optimism in the efforts of Prime Minister Narendra Modi and RBI Governor Raghuram Rajan to improve the economy. The country's Baa3 rating was affirmed and the outlook was revised to positive. In a statement, the...
  • Arun Jaitley supports Maharashtra government's decision on beef ban, marathi movies April 8, 2015

    Supporting the Maharashtra government's decision on the screening of the marathi movies, Finance Minister on Wednesday said that this decision was taken 10 years ago. ...
  • Raghuram Rajan calls on Arun Jaitley, discuss macro-economic situation April 8, 2015

    New Delhi: A day after presenting first bi-monthly monetary policy of 2015-16, RBI Governor Raghuram Rajan on Wednesday called on Finance Minister Arun Jaitley and is believed to have discussed macro economic situation and the new monetary policy framework. Besides Jaitley, he also met Minister of...
  • 30 crore landless people to get jobs once Land Bill is passed: FM Arun Jaitley April 8, 2015

    New Delhi: About 30 crore landless people will get employment in the industrial corridors following amendments to the Land Acquisition Bill, Finance Minister Arun Jaitley said on Wednesday. "I want to make a special mention of poor, dalits, tribals, backwards, those who are landless. The Land Acquisition Bill we are bringing,...
  • PM Modi launches MUDRA Bank, expected to benefit 5.77 crore micro-finance institutions in India April 8, 2015

    New Delhi: Prime Minister Narendra Modi on Wednesday launched MUDRA Bank under Pradhan Mantri Jan Dhan Yojana. This will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'Micro-Finance Institutions' (MFIs). "Big industrial houses provide jobs to only 1.25 crore people, while small...
  • PM Modi to launch MUDRA Bank today April 8, 2015

    New Delhi: Prime Minister Narendra Modi on Wednesday will launch MUDRA Bank which will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'Micro-Finance Institutions' (MFIs). The roles envisaged for MUDRA include laying down policy guidelines for micro...
  • Government looking at amending Prevention of Corruption Act: Arun Jaitley April 6, 2015

    New Delhi: Stressing on the need to differentiate between "errors and corruption" in bureaucratic decision making, Finance Minister Arun Jatiley on Monday said the government is considering amending the Prevention of Corruption Act. "The Law Commission has sent its recommendations that in the changed environment it (Prevention of Corruption Act...
  • MPs having conflict of interest should declare it: M Venkaiah Naidu April 6, 2015

    New Delhi: Amid a raging debate over BJP MPs in tobacco trade on a panel looking into framing rules for the product, Parliamentary Affairs Minister M Venkaiah Naidu on Monday made it clear that anybody having conflict of interest is supposed to declare it as per rules. Accosted with a barrage...
  • What is due must be paid, India no tax haven: Arun Jaitley April 6, 2015

    New Delhi: Finance Minister Arun Jaitley on Monday asserted that legitimate tax demand cannot be considered "tax terrorism" because India is not a tax haven. Appearing to defend the tax notices sent to about 100 FIIs totalling USD 5-6 billion, he said "taxes which are payable must be paid". "India is not...
  • Finance Minister promises reasonable compliance window under black money law April 6, 2015

    New Delhi: Finance Minister Arun Jaitley on Monday promised a "reasonable compliance window" under the new black money law for persons with overseas funds to come clean, even as he asserted that targetting undeclared assets cannot be termed as 'tax terrorism'. Addressing industry representatives at CII annual general meeting, he also...
  • Be responsible, don't make contentious remarks: Arun Jaitley to workers April 4, 2015

    Bengaluru: Facing opposition's ire over controversial remarks made by some of its leaders, BJP on Saturday made it clear that all party workers should realise their responsibility and not create unnecessary controversies at a time when the country is happy with government's performance. Finance Minister Arun Jaitley, when asked if the...
  • BJP defends Land Bill, decides to launch a counter-campaign April 4, 2015

    The Bharatiya Janata Party on Saturday took up the issue of the controversial Land Bill and assured their commitment to the farmers. On the concluding day of the two-day National Executive meeting, the BJP agreed to reach out to farmers in every village and explain to them all aspects of...
  • Government reviewing norms to hike compensation for crop damage: Finance Minister April 4, 2015

    Bengaluru: Finance Minister Arun Jaitley on Saturday said government is reviewing the norms to raise the compensation limit to farmers in case of drought or heavy rains damaging the crops. Demands in this regard have been made by various states. "I am seriously reviewing those norms...
  • No speech by Lal Krishna Advani at BJP's National Executive April 4, 2015

    Bengaluru: Marginalised BJP veteran LK Advani did not address the Nation Executive meeting, a permanent feature in such meets, reflecting the current power equation in the ruling party. There was no word from the party on why he did not address the meeting which concluded on Saturday but there was speculation...
  • BJP defends government on Land Bill, warns of nation-wide campaign to counter Opposition April 4, 2015

    Bengaluru: The Bharatiya Janata Party on Saturday took up the issue of the controversial Land Bill and assured their commitment to the farmers. On the concluding day of the two-day National Executive meeting, the BJP agreed to reach out to farmers in every village and explain to them all aspects...