Govt projects fiscal deficit at 3.9 per cent of GDP in 2015-16 financial year
Dec 19, 2015, at 01:51 am
New Delhi, Dec 18 (IBNS): The Centre on Friday said the fiscal deficit of the country has been projected at 3.9 percent of GDP in 2015-16 financial year.
Arun Jaitley to review performance of PSBs
Nov 23, 2015, at 01:14 am
New Delhi, Nov 22 (IBNS) Union Finance Minister Arun Jaitley will review the performance of Public Sector Banks (PSBs) in a meeting scheduled to be held on Monday in the national capital.
Oct 12, 2015, at 02:19 am
Mumbai, Oct 11 (IBNS) Union Finance Minister Arun Jaitley emphasized the need for bigger financing and implementation plans by the World Bank Group to achieve the Sustainable Development Goals (SDGs); and need for the significant increase in the capital of the World Bank Group to meet the developmental objectives and review of the Bank’s shareholding to reflect share of the developing countries in the global economy.
Oct 05, 2015, at 09:42 pm
New Delhi, Oct 5 (IBNS) Finance Minister Arun Jaitely will be on official tour from Oct 7 to 11 to Lima, Peru to attend the Annual Meetings of the International Monetary Fund (IMF) and the World Bank and other associated meetings.
Arun Jaitley stresses on capital increase and need for reforms in World Bank
Sep 25, 2015, at 09:35 pm
New Delhi, Sept 25 (IBNS): Union Finance Minister Arun Jaitley stressed on capital increase and the need for reforms in the World Bank so as to reflect the emerging world order in its governance.
Jaitley inaugurates Bandhan Bank in Kolkata
Aug 23, 2015, at 11:20 pm
Kolkata, Aug 23 (IBNS). Union Finance Minister Arun Jaitley on Sunday inaugurated India’s newest bank, Bandhan Bank Ltd, at the Science City Auditorium in Kolkata, at a function attended by regulators, policy makers and luminaries from financial sector and corporate India.
Finance Minister calls for prudent expenditure management
Aug 10, 2015, at 03:06 am
New Dedlhi, Aug 9 (IBNS) Union Finance Minister Arun Jaitley on Sunday said that in post liberalized era, competitiveness, cost and efficiency management have become the key words of survival and growth.
Government is fully committed to its goal of universal social security: FM
Jul 14, 2015, at 04:35 am
New Delhi, July 13 (IBNS) Union Finance Minister Arun Jaitley said that the present central government has taken various initiatives in last one year so that more and more people are covered under the ambit of social security schemes.
Surcharge on the super-rich to bring in Rs. 9,000 crore
Feb 28, 2015, at 11:04 pm
New Delhi, Feb 28(IBNS) Union Finance Minister Arun Jaitley has introduced a 2 per cent surcharge on income of the super-rich to earn revenues nine times more than he loses by abolishing the wealth tax.
Feb 28, 2015, at 10:44 pm
New Delhi, Feb 28(IBNS) Finance Minister Arun Jaitley on Saturday allocated a record Rs 34,699 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme,a day after Prime Minister Narendra Modi had criticised the previous UPA government for its "failure" with MNREGA.
Defence budget rises by 7.7 per cent
Feb 28, 2015, at 09:56 pm
New Delhi, Feb 28(IBNS) Defence Budget has been increased by only 7.74 per cent giving forces Rs 2,46,727 crore in r 2015-16 compared to Rs 2,29,000 crore in the last fiscal.
Feb 28, 2015, at 09:42 pm
New Delhi, Feb 28(IBNS) The Government proposes to set-up five new Ultra Mega Power Projects, each of 4000 MWs in the plug-and-play mode.
Contribution to EPF to made optional:Jaitley
Feb 28, 2015, at 09:37 pm
New Delhi, Feb 28(IBNS) Union Finance Minister Arun Jaitley on Saturday said the government is considering a proposal to make optional contribution to employee provident fund (EPF).
Infra investment goes up by Rs.70,000 Crore
Feb 28, 2015, at 09:36 pm
New Delhi, Feb 28(IBNS) Union Finance Minister Arun Jaitley has proposed an increase in investment in infrastructure by Rs. 70,000 crore in 2015-16 over the year 2014-15 from the Centre’s funds and resources of CPSEs.
Self Employment and Talent Utilisation (SETU) to be Established
Feb 28, 2015, at 08:56 pm
New Delhi, Feb 28(IBNS) The Government on Saturday announced setting up of a Self- Employment and Talent Utilisation (SETU) mechanism.
Corporate Tax to be Reduced and GST to be Implemented
Feb 28, 2015, at 07:55 pm
New Delhi, Feb 28(IBNS) Finance Minister has proposed reduction of corporate tax to 25 per cent from the current rate of 30 per cent to help boost higher growth, investment and job creation.
Jaitley speaks of universal social security system
Feb 28, 2015, at 07:38 pm
New Delhi, Feb 25(IBNS) Encouraged by the success of the Pradhan Mantri Jan Dhan Yojana, Union Finance Minister Arun Jaitley has proposed to work towards creating a universal social security system for all Indians, specially the poor and the under-privileged.
Modi calls the Union Budget positive and pragmatic
Feb 28, 2015, at 07:28 pm
New Delhi, Feb 28 (IBNS) Prime Minister Narendra Modi on Saturday called the Union Budget 2015-16 as one with a positive and pragmatic outlook that would transform the lives of poor.
Budget has adequate provisions for the poor : Jaitley
Feb 28, 2015, at 07:08 pm
New Delhi, Feb 28(IBNS) Finance Ministeri Arun Jaitley has said adequate provision has been made for the schemes for the poor and disadvantaged in the Budget of 2015-16.
Jaitley announces strict new law to curb black money
Feb 28, 2015, at 07:02 pm
New Delhi, Feb 28 (IBNS) Union Finance Minister Arun Jaitley Saturday said that a Bill to enact a new law to deal with black money is to be introduced in the current session of the Parliament.
Benefits to Middle Class Tax Payers in the Budget 2015-16
Feb 28, 2015, at 06:56 pm
New Delhi, Feb 28 (IBNS) Union Minister of Finance Arun Jaitley in his Budget Speech in Lok Sabha Saturday proposed rationalization of various tax exemptions and incentives to reduce tax disputes and improve tax administration.
Jaitley to table Economic Survey today
Jul 09, 2014, at 05:41 pm
New Delhi, July 9 (IBNS) A day ahead of the Union Budget, Finance Minister Arun Jaitley would present the Economic Survey for 2013-14 on Wednesday in Parliament.