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  • Pakistan Finance Minister Asad Umar to step down ahead of IMF bailout talks
    World NewsPakistan Finance Minister Asad Umar to step down ahead of IMF bailout talks

    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.

    4 months ago
  • Government plans to cut GST on cement next: Arun Jaitley
    India NewsGovernment plans to cut GST on cement next: Arun Jaitley

    "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.

    5 months ago
  • Budget 2019: Tax relief for middle class, likely
    Finance and MarketsBudget 2019: Tax relief for middle class, likely

    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.

    7 months ago
  • Budget 2019: Here's is what trade analysts expect
    Finance and MarketsBudget 2019: Here's is what trade analysts expect

    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.

    7 months ago
  • Arun Jaitley cancer treatment begins in New York, may miss budget 2019
    India NewsArun Jaitley cancer treatment begins in New York, may miss budget 2019

    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.

    7 months ago
  • Gandhi family understands only money, not national security: Arun Jaitley on Rafale
    India NewsGandhi family understands only money, not national security: Arun Jaitley on Rafale

    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.

    8 months ago
  • Six items taken out of the 28% GST tax bracket: Jaitley
    India NewsSix items taken out of the 28% GST tax bracket: Jaitley

    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.

    8 months ago
  • Assembly outcome won't affect Lok Sabha polls: FM Arun Jaitley
    India NewsAssembly outcome won't affect Lok Sabha polls: FM Arun Jaitley

    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.

    8 months ago
  • India's Chief Economic Advisor Arvind Subramanian quits, returns to US
    India NewsIndia's Chief Economic Advisor Arvind Subramanian quits, returns to US

    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.

    1 year ago
  • Who is Finance Minister, Congress asks PM
    PoliticsWho is Finance Minister, Congress asks PM

    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".

    1 year ago