India saw a record 53 per cent increase in foreign direct investment (FDI) in the last two years owing to steps taken to foster growth, investment climate, price stability and fiscal prudence, the government told

Responding to Congress vice-president Rahul Gandhi’s 'Arhar Modi' jibe directed at the Prime Minister, Finance Minister Arun Jaitley hit back and slammed UPA's record on inflation. "There was policy paralysis during the UPA regime and

Signaling an end to the logjam over the passage of the GST Bill in the Rajya Sabha, the Union Cabinet on Wednesday approved changes to the GST Constitutional Amendment Bill, providing for full compensation to

The Centre and States on Tuesday agreed by consensus that the tax rate should not be part of the Constitutional Amendment on GST. They also agreed o the principle that the tax rate will

Advocating a role of facilitator for the government, Finance Minister Arun Jaitley has said that the government’s urge to control everything has to be restrained in a liberalised economy. “Government then have to become facilitators.

Long-awaited GST Bill is likely to be listed for discussion in the Rajya Sabha this week after Finance Minister Arun Jaitley meets state finance ministers on Tuesday. Jaitley has been engaged in back-channel negotiations with

The stage is set for the Rajya Sabha taking up the much-awaited Goods and Services Tax Bill next week with support from almost all political parties, except the Congress, AIADMK and BSP pledging support to the crucial tax reform.

The Income Tax department has unearthed a massive amount of undisclosed income over the past two years, Finance minister Arun Jaitley said today. In over 9,500 surveys, the department has disclosed income worth Rs 22,475

New Delhi: As the violence in Kashmir continued for tenth day today, the government said the ongoing battle in the valley was between the country and the separatists. It also warned violence fomented from across

Having failed to win support from the Congress over the long-pending Goods and Services Tax Bill in Parliament, the government today reached out to the opposition to press for its passage in the Monsoon Session that begins on July 18.

Arvind Kejriwal and five other AAP leaders dragged to court by Finance Minister Arun Jaitley in a defamation case, today denied allegations and submitted that whatever was said against the Union Minister was in public domain and “he had not said anyt

Ahmedabad: Finance Minister Arun Jaitley today said the Narendra Modi government's "activism" against black money in the last two years has resulted into a "sizable dip" in illegal assets stashed abroad by Indians.

New Delhi: Finance Minister Arun Jaitley has questioned the high interest rate regime for domestic savings, especially when the propensity to park funds in banks is high in India and the corporate sector constantly complains

New Delhi: A committee headed by former CEA Shankar Acharya has been set by the government to examine the desirability and feasibility of having a new financial year, replacing the existing April-March period. The

New Delhi: With the surprise shifting of Minister of State for Finance Jayant Sinha to Civil Aviation in the same rank, Finance Minister Arun Jaitley will have two ministers to assist him. Sinha, who is

Soon after the long-awaited expansion of the Union Cabinet, Prime Minister Narendra Modi has made major changes in the portfolios of Union Council of Ministers.

New Delhi: The long awaited expansion and reshuffling of union cabinet is set to take place today with the likley induction of 19 new ministers in the Modi government ,the second since the NDA came

New Delhi: Making a case for increasing the taxpayer base, Finance Minister Arun Jaitley has said the government’s intention is to keep taxation rate “moderate” and emphasised that tax department needs to start trusting the

New Delhi: With widespread resentment against the "meagre" pay hike announced in the 7th Pay Commission, as many as 33 lakh central government employees have threatened to go on strike from July 11. “They have

The value of Union Finance Minister Arun Jaitley's wealth declined by Rs. 6.02 crore (8.9 per cent) to Rs. 60.99 crore in last fiscal 2015-16 from Rs. 67.01 crore in the previous fiscal 2014-15, according to official data.