finance minister

Judge Loya Death Case – The One That Almost Created a Judicial Mutiny: Arun Jaitley

Corporate Law - Yesterday I read the 114 page judgement in the Judge Loya death case authored by Justice D.Y. Chandrachud on behalf of the three Judge Bench of the Supreme Court. A reading of the judgement exposes every fact of the conspiracy to generate falsehood as propaganda in the public and political space....

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A New, Exciting Bird’s-Eye View of Indian Economy Through the GST

Corporate Law - As an information repository, the Goods and Services Tax (GST) embodies and heralds a radical alteration and enlargement in the understanding of the Indian economy....

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The Fiction of Loan Waiver to Capitalists: FM Clarifies

Corporate Law - Over the last few days, a rumor is being propagated regarding waiver of loans of capitalists by banks. Time has come for the nation to be apprised of facts in this regard....

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Demonetisation – A look back at the last two months

Corporate Law - In this Article Hon'ble Finance minister Shri. Arun Jaitley analysed the rationale behind the Demonetisation decision and its impact....

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No rollback of excise duty on Articles of Jewellery : FM

Corporate Law - FM Said in RS that excise duty on Articles of Jewellery will be enforced upon the traders having turnover of 12 crores and 6 crores of rupees and not on lower category of traders. We can decide the items which can be taxed. It is not possible to recall the tax due to some organised agitation. ...

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FM stresses on importance of procedural fairness in public procurement

Corporate Law - The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley stresses on the importance of procedural fairness in public procurement and award of contracts ; ...

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Economic Survey Draws Attention to 10 New Economic Facts on Indian Economy

Corporate Law - The Economic Survey presented by the Union Finance Minister Shri Arun Jaitley in Parliament today has relied upon analysis of the new data to highlight ten new economic facts:...

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Ease of Doing Business’ Next Frontier: Timely Justice

Corporate Law - The government’s efforts to make business and commerce easy have been widely acknowledged. The next frontier on the ease of doing business is addressing pendency, delays and backlogs in the appellate and judicial arenas. ...

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Demonitisation has Helped Share of Financial Saving Rise, Says Economic Survey

Corporate Law - • The ratio of domestic saving to GDP reached 29.2 per cent in 2013 to a peak of 38.3 per cent in 2007, before falling back to 29 per cent in 2016. The cumulative fall over 2007 and 2016 has been milder for investment than saving, but investment has fallen to a lower level....

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Economic Survey Predicts 7-7.5 Percent Growth in 2018-19

Corporate Law - A series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19, thereby re-instating India as the world’s fastest growing major economy. ...

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Assessee is entitled for depreciation on assets of a closed unit which are part of block of assets

Swati Synthetics Ltd. Vs. ITO (ITAT Mumbai) - The assets did not fall under any of the above exceptional three conditions. The said block of assets was used for the purpose of business during the year. Under the circumstances the assets of the said closed unit amounts to use for the purpose of business in the year under consideration ,...

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FM Statement on Kelkar Committee Report, Fiscal Roadmap & Consolidation

Income tax press release - (29/10/2012) - The Kelkar Committee has cautioned us that a business-as-usual scenario for the current year may lead to the fiscal deficit rising to 6.1 per cent of GDP. This would have grave consequences for the economy is, therefore, totally unacceptable. The Committee has recommended a number of reform measures...

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Inauguration of Income Tax Office at Chinsurah, West Bengal

NA - (08/12/2010) - Inauguration of Income Tax Office at Chinsurah, Dist-Hooghly, West Bengal by Honble Union Finance Minister Shri Pranab Mukherjee on 04.12.2010 - Publicity in the official web site...

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Cashless mediclaim facility will continue: Pranab Mukherjee

NA - (06/08/2010) - Finance Minister Pranab Mukherjee on Monday allayed fears of withdrawal of the cashless mediclaim facility by public sector general insurance companies, saying these firms have not done away with these schemes and are only standardising the rates for various hospitals....

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Recent Posts in "finance minister"

Judge Loya Death Case – The One That Almost Created a Judicial Mutiny: Arun Jaitley

Yesterday I read the 114 page judgement in the Judge Loya death case authored by Justice D.Y. Chandrachud on behalf of the three Judge Bench of the Supreme Court. A reading of the judgement exposes every fact of the conspiracy to generate falsehood as propaganda in the public and political space....

Read More
Posted Under: Finance |

FM stresses on importance of procedural fairness in public procurement

The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley stresses on the importance of procedural fairness in public procurement and award of contracts ; ...

Read More
Posted Under: Finance |

Economic Survey Draws Attention to 10 New Economic Facts on Indian Economy

The Economic Survey presented by the Union Finance Minister Shri Arun Jaitley in Parliament today has relied upon analysis of the new data to highlight ten new economic facts:...

Read More
Posted Under: Finance |

A New, Exciting Bird’s-Eye View of Indian Economy Through the GST

As an information repository, the Goods and Services Tax (GST) embodies and heralds a radical alteration and enlargement in the understanding of the Indian economy....

Read More
Posted Under: Finance |

Ease of Doing Business’ Next Frontier: Timely Justice

The government’s efforts to make business and commerce easy have been widely acknowledged. The next frontier on the ease of doing business is addressing pendency, delays and backlogs in the appellate and judicial arenas. ...

Read More
Posted Under: Finance |

Demonitisation has Helped Share of Financial Saving Rise, Says Economic Survey

• The ratio of domestic saving to GDP reached 29.2 per cent in 2013 to a peak of 38.3 per cent in 2007, before falling back to 29 per cent in 2016. The cumulative fall over 2007 and 2016 has been milder for investment than saving, but investment has fallen to a lower level....

Read More
Posted Under: Finance |

Economic Survey Predicts 7-7.5 Percent Growth in 2018-19

A series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19, thereby re-instating India as the world’s fastest growing major economy. ...

Read More
Posted Under: Finance |

Economic Survey calls for Fiscal Federalism and accountability to avoid low equilibrium trap

Is there a low equilibrium trap if fiscal federalism is not achieved? This was the question posed by the Economic Survey 2017-18 tabled by the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley in Parliament today. ...

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Posted Under: Finance |

FM Ask DRI officers to keep pace with technology

FM: Ask the officers of the Directorate of Revenue Intelligence (DRI) to keep pace with technology and use the latest technological tools such as data analytics in fighting the menace of smuggling of sensitive contraband items such as gold and narcotics among others....

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Posted Under: Finance |

The Fiction of Loan Waiver to Capitalists: FM Clarifies

Over the last few days, a rumor is being propagated regarding waiver of loans of capitalists by banks. Time has come for the nation to be apprised of facts in this regard....

Read More
Posted Under: Finance |
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