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.
Read MoreUnion Finance Minister Arun Jaitley today said that India will soon be moving towards becoming a voluntary tax compliant society.
Union Finance Minister Arun Jaitley today said that the Enforcement Directorate (ED) should use the penalising power judiciously to deal with any non-compliance of the laid-down rules.
According to the government’s tax return data for 2015-16, 3.7 crore individuals filed tax returns of which 2.94 crore are either below the income tax limit of Rs 2.5 lakh per annum, or in the first bracket between Rs 2.5 lakh to Rs 5 lakh.
India today called for united global action in strongly resisting "opportunistic" efforts of some states to support terrorist groups by facilitating training, funding and providing safe havens to them.
Taxing agriculture income is a politically sensitive issue and successive governments have refrained from doing so.
He said that the magnitude of the NPAs problem was that essentially it was about 20 to 30 big accounts.
Defence Minister Arun Jaitley on Monday said that the international community has to take action on Islamabad’s terror links as most terrorism "across the world have some footprint" in Pakistan.
Finance Minister Arun Jaitley today said that the ties between India and the United States have become more “stronger” and “matured” over the last few decades.
Finance Minister Arun Jaitley has “strongly raised” the H-1B visa issue with US Commerce Secretary Wilbur Ross, highlighting the important role played by highly skilled Indian professionals in America, officials said.
Union Finance Minister Arun Jaitley on Tuesday informed the Parliament that the Income Tax Department detected undisclosed income of over Rs 5,400 crore post-demonetisation after carrying out over 1,100 searches and surveys.
British Defence Secretary Michael Fallon will hold talks with his Indian counterpart Arun Jaitley during the first India-UK Strategic Dialogue.
The Reserve Bank of India (RBI) is still calculating and taking stock of the currency that was returned to banks post demonetisation, Finance Minister Arun Jaitley said on Tuesday.
The government’s crackdown on black money post demonetisation have resulted in the detection of 18 lakh cases where the income profiles of people do not match their account profile, the Lok Sabha was informed today.
The GST Bills will now require the President's approval.
Rajya Sabha on Thursday passed four legislations to pave the way for roll out of the historic Goods and Services Tax (GST) from the target date of July 1.
After a four-day vacation, the Parliament will assemble today to transact business in both the Houses. In Rajya Sabha, the government will table the much-awaited Goods and Services Tax (GST) Bill for discussion.
The Tis Hazari Court today exempted Delhi Chief Minister Arvind Kejriwal from personal appearance in the ongoing DDCA defamation case filed by Union Finance Minister Arun Jaitley.
Union Finance Minister Arun Jaitley today predicted that the Indian economy will grow at 7.2 per cent during 2017-18 and added that global growth is moving upwards and expected to improve further in this financial year.
The panel headed by Finance Minister Arun Jaitley will meet again on May 18-19 in Srinagar to finalise the rates of different commodities and services as also to approve the remaining ones
Congratulating the Council members for their efforts, the Finance Minister said that decks are now clear for the roll-out of the new indirect tax regime from July 1.
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