Former finance minister Arun Jaitley breathed his last on August 24, 2019. He was 66. Jaitley had been undergoing treatment at the AIIMS for several weeks. In the Vajpayee government (1998–2004), he held the cabinet portfolios of Finance, Corporate Affairs, Commerce and Industry and Law and Justice. Since 1991, he has been a member of the national executive of BJP and became the spokesperson of the saffron party during the period preceding the 1999 Lok Sabha election. From 2009 to 2014 he served as the Leader of the Opposition in the Rajya Sabha. He is also a senior advocate in the Supreme Court. Since 1987, he has been practicing law before the Supreme Court of India and several High Courts in the country. Early life: In 1973, Arun Jaitley graduated with a honours degree in commerce, BCom from Shri Ram College of Commerce, New Delhi. In 1977, he passed his LLB degree from the Faculty of Law, University of Delhi. At the Delhi University, Jaitley was an Akhil Bharatiya Vidyarthi Parishad (ABVP) student leader and in 1974, rose to be the President of the Students Union of Delhi University. He was under preventive detention for a period of 19 months during the period of proclamation of Internal Emergency (1975–77). After getting out of jail, he joined the Jan Sangh.
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Prime Minister Narendra Modi today held a meeting with BJP chief Amit Shah and Finance Minister Arun Jaitley.
In New Delhi, Oil Minister Dharmendra Pradhan said states should cut sales tax or VAT on petrol and diesel by 5 per cent. Jaitley, he said, will soon write to all states on the issue.
Bangladesh today signed a $4.5 billion third line of credit (LoC) agreement with India during Finance Minister Arun Jaitley's visit.
Finance Minister Arun Jaitley on Sunday said that Goods and Services Tax (GST) slabs may be reduced in the future, if a "revenue neutral plus" tax level is reached
Finance Minister Arun Jaitley also said the number of taxpayers increased significantly from 4.72 crore in 2012-13 to 6.26 crore during 2016-17.
In the discussions for raising capital investments, it also emerged that most of the PSUs have very low or no debt on their balance sheet which is reflected in their low debt to equity ratios.
Jaitley said that he does not have the luxury as yet of being a former finance minister nor does he have the luxury of being a former finance minister who has turned a columnist.
Arun Jaitley will on Thursday meet the GST Network chief AB Pandey, along with industry representatives and exporters to discuss various issues related to the GST
Compliance for the month stood at 55 per cent, down from around 65 percent last month.
Finance Minister Arun Jaitley is heading the ministerial group set up to decide on the modalities of the Air India disinvestment.
The Indian economy has the resilience and entrepreneurial vision, he said while exuding confidence that there is a will in the government to carry out reforms.
The final decision on the fund infusion and on breaching the fiscal deficit target will be taken by Prime Minister Narendra Modi, a media report said
Jaitley said that as far as black money and benami transactions were concerned, it is no longer safe in India to deal with excessive cash.
According to Finance Minister Arun Jaitley, nearly 75 per cent of the eligible taxpayers were still to file the summarised return (GSTR 3B) for August on the last day
The GST Council had earlier this month decided to set up a GoM to sort out the issues faced by businesses while filing returns and paying taxes on GSTN portal.
Finance Minister Arun Jaitley dropped ample hints today that the government will take additional measures to bolster economy.
As part of the disinvestment excercise, 3 ITDC hotels will be handed over to Rajasthan, Karnataka, Arunachal governments.
Productivity-linked bonus of 78 days wages will be given to the eligible non-gazetted railway employees. A total of 12.3 lakh employees will get this festive bonus.
17 government of India Presses or Units will be rationalized and modernized into 5 Government of India Presses, says Arun Jaitley
The review meeting, which lasted for over two hours, was also attended by Commerce Minister Suresh Prabhu, Railway Minister Piyush Goyal and NITI Aayog Vice Chairman Rajiv Kumar, said government sources.
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