The Finance Minister was speaking at the Bharatiya Janata Party's national executive meet on Sunday
Union Minister Arun Jaitley also said that there should be a significant growth and connectivity as far as community radio is concerned
The Congress had asked to cap the rate of GST at less than 20%
'Each paisa or rupee of this revenue deficit is being paid to Andhra Pradesh. We will continue to pay that.' Jaitley said
The three-day event features Prime Minister Narendra Modi, IMF managing director Christine Lagarde, Reserve Bank of India Governor Raghuram Rajan and other dignitaries
Re-impose inheritance tax if you want to ensure an additional revenue stream. Many "foreign-educated economists" had given Finance Minister Arun Jaitley this piece of advice, as he acknowledged at a recent meeting. But he did not pay heed to it in all the three Budgets he presented as finance minister. Why? Because the proposed tax was not culturally suitable for India, said Jaitley. "In India, children take care of their parents when they are old and in turn, the parents leave their assets for them, unlike in some countries where children meet their parents once a year on Mother's Day or Father's Day," he explained.
Blames steel industry, state power companies for bad debts of public sector banks
Jaitley said that the import of cheap steel from China was hurting Indian manufacturers
The growth rate increased from 6.6 per cent in 2013-14 per cent to 7.2 per cent in 2014-15
Jaitley said that Kanhaiya went to jail for raising anti-India slogans but came back amid slogans of 'Jai Hind'
He was reacting to Gandhi's claim that Swaraj was not consulted on Pakistan policy, Jaitley did not know of Budget proposals
The minister also said he had hoped the 'rain gods would be kinder this year' compared with previous monsoons
Denying that there was any political vendetta involved in the probe, the FM refused to divulge more details about the case
Finance Minister Arun Jaitley had on Monday proposed to bring in new legislation and change some laws. Here is a look at the 10 major changes he had proposed in the Budget
The government has targeted reducing the fiscal deficit to 3.9% of GDP in the current financial year
ArrayNew Delhi, Feb.29 (ANI): Budget proposals for fiscal 2016-17 will be announced after noon on Monday, and all eyes are on Finance Minister Arun Jaitley and what he holds in store for the common man and the country as a whole.ArrayThe recently announced Economic Survey has indicated positive forward movement and there is an expectation in the general public that some of its key and populist features will be reflected in Budget 2016-17ArrayThe NDA government will be completing two years in office in May this year, which is pretty much close to the half-way stage electorally, and therefore in that light, Budget 2016-17 has to be seen as crucial for its leaders.ArrayAccording to some experts, Prime Minister Narendra Modi has himself scrutinized the smaller details of the budget and issued implementable recommendations to the finance ministry.ArrayBudget 2016-17 is being introduced at a time when the government is being repeatedly cornered and criticised by the opposition and other ...
At the launch of the book India-2016, Jaitley said 'after reading, you would realize how much we don't know'