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Rs.16,495.69 crore benefits disbursed via Aadhar linked accounts
Out of the total money disbursed in various government schemes via direct benefit transfer (DBT), a total of Rs.16,495.69 crore was transferred via Aadhar linked bank accounts, parliament was told ....
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Government sets up 5-member panel to relook key financial act
The union government constituted a five-member committee for a comprehensive review of the Fiscal Responsibility and Budget Management (FRBM) Act, an official statement here said. The FRBM panel, which...
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National Insurance looks to grow by 12 percent in 2016-17
State-run general insurer National Insurance Company said that is looking to grow its premium income by 12 percent in the current fiscal. “We are looking to grow by 12 percent in our premium income in...
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India growing at 7.5 percent amid global slowdown: Arun Jaitley
India’s economy has picked up pace and achieved a growth rate of about 7.5 percent amid a global slowdown, Finance Minister Arun Jaitley said here. “At a time when the global economies are shrinking,...
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Jaitley in Japan, to woo investors to India
Indian Finance Minister Arun Jaitley said that he is due to meet a large number of Japanese investors during his ongoing visit to the country with the aim of attracting investments to India. “We...
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GST model law suggests tax levy at first point of transaction
GST will be levied at the first point of transaction in sales of goods and services under the regime of uniform Goods and Services Tax (GST) likely to be rolled out in April 2017. The model GST law,...
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Goods and Service Tax Council’s first meet begins on Thursday
The first meeting of the newly-constituted Goods and Services Tax Council, with Finance Minister Arun Jaitley as chairman, is scheduled for two days from Thursday amid high expectations that the...
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Budget to be presented on February 1: FinMin
Minister of State for Finance Arjun Ram Meghwal said that the Budget date has been finalised as February 1, though a formal confirmation is awaited from the Cabinet Committee on Economic Affairs. “It...
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Talks on getting real estate under GST next month: Arun Jaitley
In a move aimed at checking tax evasion in the sector known for cash-based transactions and lowering prices for flat buyers in the long-run, the Central government has decided to include Real Estate...
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Thawarchand Gehlot appointed as Leader of the House in Rajya Sabha
Thawarchand Gehlot has been appointed the Leader of the House in the Rajya Sabha on Tuesday. He has replaced ailing Arun Jaitley, who was a Finance Minister and also a Leader of the House in Rajya...
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