Pakistan's Finance Minister Asad Umar on Thursday said that he will step down from his post after he held talks with Prime Minister Imran Khan, raising his worries over averting an economic crisis and bailout talks with the International Monetary Fund.

"I speak in terms of taxation policies... I'm quite clear in my mind that on two issues at least we had - a lot of good fiscal prudence and we brought the rates down, these are two areas, if we are in power we will continue the same glide path," Jaitley said while addressing the CII AGM here.

The budget 2019 is likely to speak about farmers’ welfare and besides, middle-class can expect some tax exemption limit. Source close to the budget discussion said that the basic exemption limit for personal income tax might go up to Rs 3 lakh from Rs 2.5 lakh and the upper threshold for deduction under Section 80C for assorted investments could move to Rs 2 lakh from Rs 1.5 lakh.

India's Finance Minister Arun Jaitley will be addressing the interim Budget before the Elections 2019 on February 1. Recently, the investor community has become quite large. Now the big question is that will there be any good news for investors. Analysts mention that the financial savings as a percentage of total savings is closer to all-time highs and market participation has increased markedly. So, helping the investor community could be an important agenda for the government, suggest experts.

Sadly, the Finance minister Arun Jaitley has been diagnosed with soft tissue cancer in his thigh, which may spread to body parts in a short while. As such he has already left for cancer treatment in New York. It is likely that Mr. Jaitely will miss the government’s interim budget, to be held before the Lok Sabha elections on February 1.

Finance Minister Arun Jaitley on Wednesday launched a no-holds-barred attack on Congress President Rahul Gandhi and his family and said he understood only the arithmetic of money and not issues related to national security.

Finance Minister Arun Jaitley on Saturday said that six items have been removed from the 28 per cent tax bracket under the Goods and Services Tax (GST) regime.

Dealt a severe blow by the Congress in the Hindi heartland states of Madhya Pradesh, Chhattisgarh and Rajasthan, Finance Minister Arun Jaitley on Thursday said the outcome would have no bearing on the Lok Sabha elections next year.

Union Minister Arun Jaitley, today, took Facebook to announce that Chief Economic Advisor Arvind Subramanian has submitted his resignation and will be returning to the United States. Jaitley said in his post that Subramanian had told him a few days ago that he would like to go back to the US on due to some family commitments. According to Jaitley, he had no choice but to agree with him.

Alleging "gross economic mismanagement" over the past four years, Congress on Monday asked Prime Minister Narendra Modi who was the country's Finance Minister, while saying "social disharmony is the enemy of economic development".