Admitting that Aadhaar was a “great initiative” of the previous UPA government, Finance Minister Arun Jaitley on Wednesday said it was being expanded by making the card mandatory for direct benefit transfer of subsidy and checking of tax evasion.

The government today faced a major embarrassment in the Rajya Sabha as five of the amendments moved by the opposition to the Finance Bill were adopted before the bill was returned to the Lok Sabha.

P Chidambaram cited the the example of Dhoni's Aadhaar data leaks and asked Finance Minister Arun Jaitley how the government planned to protect the privacy of bank accounts and income tax details of people.

The Central Goods and Services Tax (CGST) Bill, 2017, along with three other GST Bills -- Compensation Law, Integrated-GST (IGST) and Union Territory-GST were moved for consideration in the Lower House.

The Lok Sabha on Wednesday took up four GST Bills for debate after Finance Minister Arun Jaitley moved them simultaneously for consideration and passage in the lower house of the Parliament.

The leasing and renting of properties will start attracting the GST from July 1, according to Central GST Bill that was tabled in Lok Sabha by Finance Minister Arun Jaitley on Monday.

Union Finance Minister Arun Jaitley today told BJP MPs that the roll out of the Goods and Services Tax (GST) Bill will lead to one-nation one-tax regime in India.

Finance Minister Arun Jaitley on Monday introduced in the Lok Sabha four GST Bills that will provide for a maximum tax rate of 40 per cent.

The Central Board of Excise and Customs (CBEC) will be reorganised for the implementation of the Goods and Services Tax (GST) system and renamed the Central Board of Indirect Taxes and Customs (CBIC) following parliamentary approval.

Raghav Chadha alleged death threats were made against Kejriwal and other accused leaders and Chadha, himself.

In a big blow to Delhi Chief Minister Arvind Kejriwal, a Delhi court today put him on trial in a defamation case filed by union Finance Minister Arun Jaitley.

Replying to a question raised by the Samajwadi Party MP Naresh Agarwal in the Rajya Sabha on Thursday, Jaitley said that the fiscal onus of such a loan waiver will be on the states.

Jaitley said that the government will shortly announce measures to deal with the major problem of bad loans that it has drawn up in consultation with the RBI.

An amendment to the Companies Act of 2013 removes the cap that barred companies from donating more than 7.5 per cent of their average net profit to a political party.

After the Lok Sabha passed the Finance Bill 2017, Finance Minister Arun Jaitley said that Aadhaar may become the only identity card in future, while making it mandatory for filing of income tax returns is necessary to curb tax evasion and frauds.

The Lok Sabha on Wednesday passed the Finance Bill 2017, paving the way for making Aadhar mandatory for tax returns. In a step aimed at curbing tax evaders, Union Finance minister Arun Jaitley has proposed

Union Finance Minister Arun Jaitley today said that the central government was hopeful of implementing the Goods and Services Tax (GST) by July 1 this year after the enabling bills get Parliament's nod in the ongoing Budget session.

The proposals have been moved by the government in the form of amendments to the Finance Bill 2017

The government and the Reserve Bank of India are inching forward to conclude a number of changes in the rules to cut-down the proportion of bad loans in the banking sector. This move is a prerequisite to kick-start the investment cycle and push the g

Union Defence Minister Arun Jaitley on Friday said that India is not happy with the label of world’s largest importer of arms.