New Delhi: Government has very little room for tax concessions as India's tax-to-GDP ratio is very low in comparison to global average, Minister of State for Finance Jayant Sinha said today.“Our tax-to-GDP ratio is simply
New Delhi: Expecting a near-term boost to economy from RBI's rate cut, Minister of State for Finance Jayant Sinha today said the decision should bring down the loan EMIs significantly and there is room for
New Delhi: Expecting a near-term boost to economy from RBI's rate cut, Minister of State for Finance Jayant Sinha today said the decision should bring down the loan EMIs significantly and there is room for
New Delhi: The government will give a one-time ‘short window' to holders of blackmoney abroad to declare their wealth, pay taxes and penalty and escape prosecution under the proposed stringent law to deal with the
New Delhi: MoS for Finance Jayant Sinha has said that the Budget 2015-16 has created favorable conditions for Reserve Bank of India (RBI) to cut interest rate."We have actually put in place the conditions for
The finance ministry in a statement on Wednesday said, India has urged the G-20 nations to put in place an effective mechanism to deal with negative spillovers of unconventional monetary policies pursued by advanced economies.India
New Delhi: Stating its great time to invest in India, Minister of State for Finance Jayant Sinha today said the Indian economy has potential to become a $4-5 trillion economy in the next 10-12 years."You
New Delhi: Minister of State for Finance Jayant Sinha today said the government is committed to fiscal consolidation but hinted that it may not resort to massive expenditure cuts."We're very confident of our fiscal consolidation
New Delhi: Government may adopt the ordinance route to push reforms in insurance and coal sectors as relevant bills could not be taken up in the Rajya Sabha, whose functioning was paralysed in the just-concluded
New Delhi: Union Minister Jayant Sinha today expressed confidence that BJP would form a stable government in Jharkhand and dismissed speculation that he was in the race for chief minister's post.“I am very busy in
New Delhi: The government today said it has no plans to roll-back the recent hike in excise duty on diesel and petrol. “No, Sir,” Minister of State for Finance Jayant Sinha said in a written
New Delhi: In a last minute compromise deal, the Centre on Monday night decided to keep petroleum out of Goods and Services Tax (GST) in return for states agreeing to entry tax being subsumed in
New Delhi: Though the sector is booming yet the government at present does not have any proposal for a separate regulatory framework for e-commerce under consideration, Minister of State for Finance Jayant Sinha informed the
New Delhi: Finance Minister Arun Jaitley will today meet his counterparts to discuss challenges related to Goods and Services Tax (GST).In this meeting Jaitley will discuss some of the challenges that the states see at
New Delhi: To prevent illicit money flows into capital markets, authorities have put in place advanced risk management mechanism and other systems, the government said today.Besides, market regulator SEBI has warned stock exchanges regarding probable
New Delhi: Public sector banks may take a hit of Rs 96,484 crore due to cancellation of coal blocks to power projects, Minister of State for Finance Jayant Sinha said.The Supreme Court had in September
New Delhi: Finance Minister Arun Jaitley will relaunch Kisan Vikas Patra (KVP) today in the presence of Ravi Shankar Prasad, Union Minister of Communication and IT and Jayant Sinha, Minister of State for Finance among
New Delhi: IIT-Delhi and Harvard Business School alumnus Jayant Sinha today took charge as Minister of State in the Finance Ministry.Sinha was briefed by senior officials in the Ministry soon after taking charge. He assumes
New Delhi: He went to IIT Delhi and came out with flying colours, and from there he went to the Harvard Business school to enter the corporate world.Today, Jayant Sinha, son of BJP veteran and
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