Free Press Journal
  • Compensation for states: GST Council finally takes first step

    New Delhi: A four-slab GST tax structure of 6, 12, 18 and 26 per cent with lower rates for essential items and the highest for luxury goods that will also be levied with an additional cess was mooted on Tuesday at the GST Council meet.

  • Personal laws must be constitutionally compliant: Jaitley

    New Delhi: Amid the ongoing debate over ‘Triple Talaq’, Finance Minister Arun Jaitley said the government is of the clear view that personal laws should be constitutionally compliant and in conformity with norms of gender equality and the right to live with dignity.

  • Tax from IDS to cushion spectrum auction shortfall, says Jaitley

    New Delhi : Tax collected under the country’s biggest black money disclosure will help cushion revenue shortfall from the sale of telecom spectrum and help manage the fiscal situation, Finance Minister Arun Jaitley said on Monday.

  • India at world’s centre stage but can do better: Jaitley

    Washington :  India, “aspiring to do better in an adverse” environment, is at the world’s centre stage more than ever before, Finance Minister Arun Jaitley has said but cautioned that by its own yardstick, the country’s current growth rate is not enough.

  • GST Council to hold first meeting today

    New Delhi: The all powerful GST Council, which will decide on tax rates, exempted goods and threshold, will meet for the first time today as it races against time to iron out issues between Centre and states for rolling out the new indirect tax regime from April 1, 2017.

  • AAP govt is worst to rule Delhi since 1947, says Jaitley

    Jalandhar :Union Finance Minister Arun Jaitley on Sunday launched a scathing attack on the AAP government in Delhi describing it as the “worst government since Independence” to rule Delhi and cautioned the people of poll- bound Punjab to be ‘wary’ of the party. “That party’s (AAP) example of running the government is before us in Delhi. This example, showing what kind of government they are running, is before the country. Anybody who

  • Implement bankruptcy law in time bound manner, Jaitley instructs officials

    New Delhi : Finance Minister Arun Jaitley on Tuesday directed senior officials of the ministries of finance and corporate affairs to take steps, including setting up of a board, for the implementation of Insolvency and Bankruptcy Code (IBC) 2016 in a time bound manner.

  • Urjit Patel competent economist, says Jaitley

    New Delhi: Calling Urjit Patel a “competent economist”, Finance Minister Arun Jaitley on Monday expressed hope that as the next RBI Governor he will be able to contain inflation and contribute in country’s economic growth. The government has named Patel to succeed Raghuram Rajan as the next Reserve Bank of India Governor for a three-year period. He will replace Rajan on September 4. “Dr Patel is a competent economist, a monetary economist.

  • Jaitley may not read out new trains, lines after budget merger

    New Delhi : Finance Minister Arun Jaitley may do away with the age-old practice of reading out lengthy proposals on new railway lines and trains once the 92-year-old colonial practice of a separate Railway budget is scrapped and merged with the general Budget.

  • Jaitley to meet heads of PSU banks on Sep 16

    New Delhi – Amidst mounting bad loans, Finance Minister Arun Jaitley will hold a meeting with the heads of public sector banks on September 16 to find ways to deal with the situation.

  • Amendment to Cos Act to ease fund flow to MSMEs, says FM

    New Delhi : Acknowledging credit availability is a challenge for MSME sector, Finance Minister Arun Jaitley on Thursday said amendments to the Companies Act 2013, which is being considered by Parliament, will help ease institutional fund flow to the sector.