Free Press Journal
  • Markets, rupee falling due to global factors: Finance Minister Arun Jaitley

    New Delhi: As the rupee weakened against the US dollar and markets closed deep in the red on Monday despite a series of measures announced by the government over the weekend, Finance Minister Arun Jaitley said it was due to global phenomena occurring owing to squeeze on oil production and the US-China trade war.

  • Rahul Gandhi wants FM to resign, claims there is deal between Vijay Mallya and Arun Jailtey

    New Delhi: Stepping up his attack on Arun Jaitley for allegedly meeting Vijay Mallya before he fled to the UK, Congress president Rahul Gandhi today accused the finance minister of colluding with a “criminal” and not informing the probe agencies, despite having information about the liquor baron’s plan to leave the country.

  • Aircel-Maxis case: Court seeks Karti Chidambaram’s reply over ED’s plea seeking cancellation of interim bail

    New Delhi: Delhi’s Patiala House court on Monday issued notice to Karti Chidambaram on the Enforcement Directorate’s plea seeking cancellation of interim bail granted to him, and sought a reply from him by September 18. Karti, who is being interrogated for his involvement in the Aircel-Maxis case, has also been accused by the ED of not cooperating in the investigation which was one of the conditions on which he was granted interim

  • Kerala requires Rs 30,000 crore for rebuilding, says Finance Minister Thomas Isaac

    Alappuzha (Kerala): Flood -battered Kerala needs Rs 30,000 crore to rebuild, Finance Minister Thomas Isaac said on Monday. “We require Rs 20,000 for capital expenditure and Rs 10,000 for revenue expenditure,” Isaac told IANS, adding it would be raised through various means, including cash and kind.

  • Losing battle of facts on Rafale deal

    Finance Minister Arun Jaitley is steadily losing his battle with the opposition, especially the Congress president Rahul Gandhi over the facts on Rafale deal. Right now, he is not the defence minister but he is taking the most active part in defending the Government decision on the new agreement on Rafale purchases against blistering attacks by Rahul Gandhi who has termed the deal announced by Prime Minister Narendra Modi in Paris in

  • India set to become 5th largest economy next year: FM

    New Delhi: India is likely to surpass the UK to become the world’s fifth largest economy next year on growing consumption and strong economic activity, Finance Minister Arun Jaitley said on Thursday.

  • Arun Jaitley

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

    New Delhi: Arun Jaitley, who stepped aside as Finance Minister in mid-May to undergo a kidney transplant, was today reappointed as Minister for Finance and Corporate Affairs. Jaitley, 65, stopped attending office at the beginning of April, and will be back in North Block – the seat of Finance Ministry – later today.

  • GST on more items to be slashed if revenue increases: Finance Minister Piyush Goyal

    New Delhi: Finance Minister Piyush Goyal today 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. Goyal was speaking in the Lok Sabha after moving four bills seeking to amend the Goods and Services Tax (GST) laws for consideration and passage. The bills were Central GST (Amendment) Bill, Integrated GST (Amendment) Bill,

  • States to test GST cashback for payments via Rupay, BHIM app: Piyush Goyal

    New Delhi: States will roll out on pilot basis incentives for digital transactions through Rupay card and BHIM app under the GST, Finance Minister Piyush Goyal said today. The GST Council, chaired by Goyal, in its meeting here today also decided to set up a Group of Ministers (GoM) under Minister of State of Finance Shiv Pratap Shukla to look into the issues of the MSME sector.

  • maharashtra, maharashtra traders, apmc, professional tax, GST, APMC market, Vashi

    Finance Minister Piyush Goyal to chair 29th GST council meet tomorrow

    New Delhi: Finance Minister Piyush Goyal will chair the 29th Goods and Services Tax (GST) council meeting tomorrow at Vigyan Bhawan, New Delhi. The council meeting is convened mainly to discuss issues, concerns and suggestions of the Micro, Small and Medium Enterprises (MSME) in the GST regime among others.

  • Bhopal: Professors in MP get seventh pay scale

    Bhopal: Finance department has given a nod for extending the benefits of seventh pay scale to the agitating professors of government colleges. Finance minister Jayant Malaiya told Free Press that finance department has approved of the seventh pay scale for the higher education department.

  • PM Narendra Modi hails decision to raise monetary limits for tax litigation

    New Delhi: Prime Minister Narendra Modi on Thursday hailed the government’s decision to reduce tax dispute litigation by not filing any appeals except in high-value cases. He said the decision was in line with his government’s belief of trusting the citizens.

  • Govt open to discuss RBI’s power over regulating PSBs: Goyal

    Mumbai : Finance minister Piyush Goyal on Tuesday said the government is open to discuss the issues that the Reserve Bank of India (RBI) had raised recently over the lack of powers in regulating state-run lenders.

  • Trade war has a silver lining for India

    Former Treasury Secretary of the United States, who is equivalent to our Finance Minister, Larry Summers has said that the ongoing trade war between the US on one side and China and India on the other side may lead to a global recession which would be harmful for all the countries of the world. His analysis is as follows: First, American businesses would be hurt because the tariffs on imports will increase