The Bill is to formally make the banning of Rs 500 and Rs 1,000 notes a law
The government plans to implement GST from July 1
Amid not-so-good current political relationship between the state and the Centre
The GST Council will be meeting for the ninth time on Monday
Jaitley is hoping to resolve issue of dual control of tax payers at next meeting of GST Council
He also hoped that the critical issues of GST will get resolved over the next few weeks
Excessive paper currency has its own vices, says Finance Minister Arun Jaitley
An AAP leader, facing a civil defamation case filed by Finance Minister Arun Jaitley against him and others including Chief Minister Arvind Kejriwal, today asserted that the senior BJP leader must be open to a "close scrutiny" and "tolerate fair criticism" being a politician. AAP leader Raghav Chadha told Delhi High Court that he had not uttered anything to defame the senior BJP leader and defamation action by Jaitley was a "threat" and continues to be "a fetter on free speech" on a topic which is clearly in public interest. The application filed by Chadha, seeking to amend the written statement filed earlier and adding certain preliminary objections to the suit filed against him, came up for hearing before Justice Deepa Sharma. A lawyer appearing on his behalf sought adjournment on the ground that the lead counsel, who would argue the matter, was not available. Senior advocate Pratibha M Singh and advocate Manik Dogra, representing Jaitley, told the court that trial proceeding
However, Jaitley did not reveal the exact date for implementation of the GST
It will eliminate the shadow economy and tax evasion
FM asserted that digistised economy would be the future of the country
Jaitley said that indirect tax collections soared 26.2% between April 1 and November 30
Jaitley said that indirect tax collections soared 26.2% between April 1 and November 30
Polavaram project will help supply drinking water to 540 villages
Extraordinary high taxation rates in the past have led to higher tax aversions, the Finance Minister added.
FM Arun Jaitley on Monday held a meeting to identify areas to improve the business climate in the country
As PSBs sought higher capital support from the govt & tax incentives for senior citizens parking money in fixed deposits
The move would enable businesses with annual turnover of Rs 20 million to save up to 30% in tax payments
Jaitley said UPA during its 10 year continuous rule from 2004 to 2014 did not take a single step either against corruption or black money
The Finance Minister also accused the Opposition of raising the issue for publicity