List of tax exemptions to be phased out in few days: Arun Jaitley

Last Updated: Wednesday, September 9, 2015, 11:49

The minister also said measures to protect domestic steel sector from dumping by overseas manufacturers are being examined.

FM Jaitley still wants Goods and Services Tax by April 2016

Last Updated: Wednesday, September 9, 2015, 09:48

Addressing an economic conference, Jaitley said the current global economic situation presented an opportunity for India. It was important, he added, to stay on the path of reform and build momentum to achieve a higher level of growth.

Global economic situation an opportunity for India: Jaitley

Last Updated: Tuesday, September 8, 2015, 18:35

Describing India as transiently impacted by recent events in China, Finance Minister Arun Jaitley on Tuesday said the global situation instead presented an opportunity for the country as it is a net importer of commodities and oil is in free fall.

India's economic fundamentals are reasonably strong: Arun Jaitley

Last Updated: Tuesday, September 8, 2015, 15:15

“India will be among lesser impacted economies because of the global economic turmoil,” said Arun Jaitley. He said that India's economic fundamentals are reasonably strong.

Real economy will dictate Indian markets, not Yuan devaluation or Fed rate hike: Arun Jaitley

Last Updated: Sunday, September 6, 2015, 15:04

Factors like the Chinese devaluation of yuan and the US Fed's likely interest rate hike are "transient" and it will be only the real economy that will dictate the currency rate fluctuations and markets in India, says Finance Minister Arun Jaitley.

India pitches for greater mobility of skilled labour at G20

Last Updated: Saturday, September 5, 2015, 19:57

India on Friday favoured greater mobility of skilled labour besides increased movement of goods and capital arguing that it would help the developed nations which are faced with the problem of ageing population.

Global safety nets to check currency, market volatility needed: FM Jaitley

Last Updated: Saturday, September 5, 2015, 17:41

Jaitley also sought a well-designed and quickly-triggered safety nets under IMF like strengthening of liquidity arrangements via multilateral swap arrangements between member countries.

FM Jaitley promises ease of doing biz, tax reforms

Last Updated: Friday, September 4, 2015, 18:31

The Finance Minister said India has benefited significantly from the decline in global oil prices.

India to take up currency devaluation issue at G20

Last Updated: Thursday, September 3, 2015, 18:41

Ahead of the meeting of G20 finance ministers and central bank governors in Turkey, India on Thursday said competitive devaluation of currency is a major threat to stability in the global economy.

Strike had only a marginal impact: FM Jaitley

Last Updated: Wednesday, September 2, 2015, 23:33

Finance Minister Arun Jaitley on Wednesday said the day-long nationwide strike called by central trade unions only had a "marginal or inconsequential impact".

Govt accepts Shah panel report, says no retrospective tax on FIIs

Last Updated: Tuesday, September 1, 2015, 22:56

The government has decided to amend the Income Tax Act to clarify the issue with regard to levy of MAT on FIIs and in the meantime CBDT field officers will be asked not to pursue cases against FIIs.

No retrospective tax on FIIs; govt accepts Shah panel report

Last Updated: Tuesday, September 1, 2015, 20:21

In a big relief to FIIs, the government on Tuesday accepted recommendation of a high level panel that minimum alternate tax (MAT) should not be imposed on overseas portfolio investors retrospectively.