ARUN JAITLEY

  • India has potential to grow at 9-10%, investment into rural infrastructure important: Arun Jaitley 4 hours 23 minutes ago

    Baku/New Delhi: Government has initiated a large number of reforms in its first year of governance to encourage investments and the country has the potential to grow at 9-10 per cent, Union Finance Minister Arun Jaitley said. "I do believe that India has a 9 or 10 per cent growth potential....
  • Arun Jaitley extends wishes on World Press Freedom Day Yesterday

    New Delhi: Extending his wishes on the occasion of World Press Freedom Day, Information and Broadcasting minister Arun Jaitley on Sunday called on all to rededicate themselves to upholding the constitutional principles of independent, free and pluralistic media. In a post on Facebook, Jaitley said that in 1993 the UN General...
  • Former NDA minister Arun Shourie flays Modi regime, calls economic policies directionless 3 days ago

    New Delhi: The Bharatiya Janata Party (BJP) on Saturday tried to play down the scathing criticism directed by former National Democratic Alliance minister Arun Shourie against the Narendra Modi government. Shourie had soundly criticised Prime Minister Narendra Modi and Finance Minister Arun Jaitley calling their economic policies directionless. He accused them...
  • Arun Jaitley warns India Inc against profiting from liberal tax regime 3 days ago

    New Delhi: Warning corporates not to take unfair advantage of the liberalised tax environment, Union Finance Minister Arun Jaitley on Friday said the world is moving towards a more transparent regime that would remove the veil of secrecy from unlawful transactions. "I think, for every assessee, every person in the commercial...
  • Black money Bill to be taken up in Parliament next week: Arun Jaitley 3 days ago

    New Delhi: Parliament will take up next week the black money bill, Finance Minister Arun Jaitley said on Friday asserting that countries world over plan to put in place a mechanism for automatic exchange of information on any transaction from 2017. "Next week, I intend to take up before Parliament the...
  • Black money Bill to be taken up in Parliament next week: Finance Minister Arun Jaitley 4 days ago

    New Delhi: Committing to effectively deal with the black money menace, Finance Minister Arun Jaitley on Friday said the government has initiated prosecution against 121 offender and proposes to push for new law in the Lok Sabha next week to unearth funds stashed abroad. In a stern warning to offenders, Jaitley...
  • Government initiatives to take India's growth to 9-10 per cent: Arun Jaitley 4 days ago

    New Delhi: Initiatives being taken by the government to boost investments and introduce tax reforms will lead to 9-10 % economic growth in the coming years, Union Finance Minister Arun Jaitley said on Friday. "The cumulative impact of these (initiatives), I believe, will increase our capacity...
  • Kashmiri Pandits, Muslims, Sikhs all part of J&K's demography: Central government 4 days ago

    Slamming Pakistan for criticising the idea to resettle Kashmiri Pandits and other religious minorities in colonies in Jammu and Kashmir, the Bharatiya Janata Party (BJP) said that Pakistan should not interfere in India's internal matters. In a forceful assertion, Finance Minister Arun Jaitley said the Kashmiri Pandits along with Muslims...
  • India rejects Pakistan stand on townships for Kashmiri Pandits 4 days ago

    New Delhi: India on Thursday rejected outright the stand by Pakistan that creation of any "dedicated" townships in Kashmir Valley for displaced Kashmiri Pandits would change the demographic makeup of the state and be in violation of UN resolutions. In a forceful assertion, Finance Minister Arun...
  • Lok Sabha passes Finance Bill 2015; FM Arun Jaitley clarifies on MAT 4 days ago

    New Delhi: The Finance Bill 2015 was tabled in the Parliament on Thursday and was passed later with a voice vote. The Bill contains the government's tax proposals for the fiscal FY16. Speaking in the lower house, Finance Minister Arun Jaitley on Thursday defended his Finance Bill and gave clarifications...
  • This is 'sooj-boojh ki sarkar', says Arun Jaitley 4 days ago

    New Delhi: Days after Rahul Gandhi's 'suit-boot ki sarkar' barb, Finance Minister Arun Jaitley on Thursday described the Narendra Modi dispensation as 'soojh-boojh ki sarkar' and took a dig at the Congress Vice President for his "disappearance for a jaunt". ...
  • 'Extremely simplified' tax form soon: FM Arun Jaitley 4 days ago

    New Delhi: An "extremely simplified" income tax return form will soon replace the controversial 14-page ITR that sought information like all bank accounts and foreign trip details, Finance Minister Arun Jaitley announced in the Lok Sabha on Thursday. "I am having the entire matter reviewed and very soon you will...
  • India holds back plan to cut RBI's power to manage public debt and regulate government bond market 4 days ago

    New Delhi: India on Thursday put on hold its biggest overhaul of financial regulation in a generation, following pushback against its plans to strip the central bank of authority to regulate the government bond market and manage public debt. The climbdown, ahead of a vote in the lower house of Parliament,...
  • End obstructionism, FM Arun Jaitley tells opposition, announces some concessions 4 days ago

    New Delhi: With the land bill being stuck, Finance Minister Arun Jaitley on Thursday asked opposition to shun politics of "obstructionism" to allow growth as he announced concessions including withdrawal of service tax on social sector schemes and clarified on MAT to boost investment. Jaitley...
  • Finance Minister drops plans to strip RBI of powers to regulate government bonds 4 days ago

    New Delhi: Buying peace with RBI, the government on Thursday dropped plans for the time being to strip the central bank of powers to regulate government bonds and give it to an independent agency. Finance Minister Arun Jaitley withdrew the proposal from Finance Bill, 2015, and said the...
  • Uproar in Rajya Sabha over Modi flaying opposition outside India, Jaitley says can't issue gag order against PM 1 week ago

    New Delhi: High drama was witnessed in the Rajya Sabha on Tuesday as the opposition protested over Prime Minister Narendra Modi flaying the opposition during his visit abroad. Finance Minister Arun Jaitley was quick to defend Modi saying no gag order can be issued against the Prime Minister. "Why can't...
  • New Income Tax Return forms: Special team to re-draft format after criticism 1 week ago

    New Delhi: The new format of Income Tax Return (ITR) forms that was withdrawn by the government in the wake of complaints over providing details of foreign trips and domestic bank accounts is being revised to make it simpler. "The new ITR format has been put into revision and it...
  • Government to have non-adversarial tax regime, boost investment: Finance Minister April 27, 2015

    New Delhi: Seeking investments to boost the economy, Finance Minister Arun Jaitley on Monday promised a non- adversarial tax regime as well as competitive labour laws to achieve double-digit growth rate. He also said the government has no intention to tax people retrospectively and will make...
  • Taxation policy has to be simpler and competitive: Arun Jaitley April 27, 2015

    New Delhi: Promising a business friendly environment to woo foreign investments, Finance Minister Arun Jaitley on Monday made it clear that retrospective tax will not be imposed and that taxation policy has to be "non-adversarial". "Our Taxation process has to be simpler to increase tax buoyancy. Our taxation policy has to...
  • Rahul Gandhi now on 'rent a cause' phase: Arun Jaitley April 27, 2015

    New Delhi: Union Finance Minister Arun Jaitley on Sunday took a dig at Rahul Gandhi, saying he is now on a "rent a cause" phase and questioned his "commitment" to politics. "What is the kind of commitment to politics that you suddenly disappear for months together and then you come back...
  • Arun Jaitley expresses grief over loss of lives due to earthquake April 25, 2015

    New Delhi: Union Finance Minister Arun Jaitley on Saturday expressed grief over loss of life and property due to a major earthquake with epicentre in Nepal that also hit large parts of India. "Today indeed is a challenging and solemn day because a significant part of...
  • Business leaders meet Arun Jaitley; want tax return forms simplified April 24, 2015

    New Delhi: India Inc on Friday disfavoured tax man seeking details about foreign trips and bank accounts in income tax returns after a controversy erupted over the new ITR forms which have been put on hold. This was conveyed by business leaders during a meeting with...
  • Jaitley moves GST Bill for Lok Sabha debate, Opposition walks out April 24, 2015

    New Delhi: Amidst uproar from opposition parties, the government on Friday moved a constitutional amendment in the Lok Sabha to allow passage of the Goods and Services Tax Bill. The opposition Congress, the Samajwadi Party (SP), Left, Trinamool Congress (TMC) and Aam Aadmi Party (AAP) walked out in protest, claiming that...
  • Live: Congress walks out of Lok Sabha after government moves amendment to allow passage of GST Bill April 24, 2015

    The BJP issued a notice to it's members to be present to ensure the constitional amendment is passed with 2/3rd majority. ...
  • India seeks to calm investor jitters, stands firm on back taxes April 23, 2015

    Mumbai/New Delhi: Senior Finance Ministry officials sought to calm a tax row on Wednesday, promising foreign investors a favourable environment, but stopped short of scrapping unpopular plans to claim retrospective payments. Outside investors in India have previously paid 15 percent on short-term listed equity gains, 5 percent on gains from...
  • GST Bill in Parliament in couple of days, not all issues resolved: Finance Minister April 22, 2015

    New Delhi: Aiming for GST roll out by April 2016, the government will move the Constitution Amendment Bill in Parliament within a couple of days, even as compensation and revenue loss to manufacturing states lacked consensus at a meeting held on Wednesday. "In view of the...
  • Arun Jaitley to meet tax officials again to keep ITR forms simple April 22, 2015

    New Delhi: Facing criticism over the new ITR forms that seek details on bank accounts and foreign travel, Finance Minister Arun Jaitley will hold another round of meeting with officials to simplify the procedure. Soon after his trip from Washington, Jaitley had held a meeting with tax officials on the...
  • Arun Jaitley to meet tax officials again to keep ITR forms simple April 21, 2015

    New Delhi: Facing criticism over the new ITR forms that seek details on bank accounts and foreign travel, Finance Minister Arun Jaitley will hold another round of meeting with officials to simplify the procedure. Soon after his trip from Washington on Monday, Jaitley had held a...
  • Modi government not serious about recovering black money, alleges Ram Jethmalani April 21, 2015

    New Delhi: Bharatiya Janata Party (BJP) MP and Indian lawyer Ram Jethmalani on Tuesday said that the Finance Minister Arun Jaitley is not serious about bringing black money back to the country. "I have gone and met the Germans, they said that no effort has been made to take the...
  • India close to picking candidate for New Development Bank April 20, 2015

    Washington: India is in the "final stages" of nominating candidate for the President's post of the USD 100-billion New Development Bank (NDB) to be headquartered in Shanghai, Finance Minister Arun Jaitley has informed fellow members of the five-nation BRICS bloc. "As regards the President of the...