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Union Budget may be advanced to 31 January; sweeping overhaul on the cards

Aug 22, 2016

Union Budget may be advanced to 31 January; sweeping overhaul on the cards

The government is of the view that the Budget exercise should ideally be over by March 31 every year as against the present practice of it being carried in two phases spread between February and May #finance ministry #Union Budget #Budget making process
All efforts will be made to roll out GST by 1 April, 2017: Finance Ministry

Aug 04, 2016

All efforts will be made to roll out GST by 1 April, 2017: Finance Ministry

Speaking to reporters, Jaitley said "I'm happy that the inherently mature nature of politicians prevailed". #finance ministry #NewsTracker #Arun Jaitley #GST #GST Bill
Narendra Modi govt denying AP funds has Chandrababu Naidu cornered

Jul 28, 2016

Narendra Modi govt denying AP funds has Chandrababu Naidu cornered

Opening his innings with a revenue deficit of Rs 16000 crore, Naidu was banking on the Telugu Desam representation in the Modi sarkaar to get his way. That has not happened. #finance ministry #Narendra Modi #Andhra Pradesh #Lok Sabha #CriticalPoint #Telangana #TDP #Chandrababu Naidu #Telugu Desam Party #bifurcation #GSDP #FRBM
Income Tax dept identifies 90 lakh high value transactions without quoting PAN

Jul 22, 2016

Income Tax dept identifies 90 lakh high value transactions without quoting PAN

The high-value transaction trails were detected following the department’s drive to bring to book maximum amount of black money during the one-time compliance window closing on September 30 #finance ministry #AIR #Income tax #Revenue Secretary #PAN #IDS #Annual Information Returns #saving bank account #Unique Transaction Sequence Number
Citing practical issues, govt extends black money tax payment date till September 2017

Jul 14, 2016

Citing practical issues, govt extends black money tax payment date till September 2017

The first installment of 25% will have to be paid by November 2016 followed by another installment of 25% by 31 March, 2017, and remaining amount to be paid to the exchequer by 30 September, 2017 #finance ministry #CBDT #black money tax payment
Cabinet reshuffle: In one fell swoop, Narendra Modi got his mojo back

Jul 07, 2016

Cabinet reshuffle: In one fell swoop, Narendra Modi got his mojo back

Tuesday's expansion puts to rest conjectures that Modi is a weaker personality than previously assumed and restores much of PM's mojo as a strong-willed, decisive, dynamic leader who places results and merit above all other metrics and commands unswerving obedience from colleagues. #BJP #finance ministry #Narendra Modi #Portfolio #Subramanian Swamy #Arun Jaitley #Ravi Shankar Prasad #Cabinet reshuffle #Smriti Irani #Sadanand Gowda #Venkaiah Naidu #HRD Ministry #Amit Shah. Prime Minister #Praksh Javadekar
Policy to scrap old vehicles submitted to finance ministry: Gadkari

Jul 06, 2016

Policy to scrap old vehicles submitted to finance ministry: Gadkari

Gadkari had earlier said the policy will boost automobile industry turnover over four-times to Rs 20 lakh crore in the next five years. #finance ministry #NewsTracker #Nitin Gadkari #Automobile industry #Ministry of Road Transport and Highways #Voluntary Vehicle Fleet Modernisation Plan
Finance ministry takes to Facebook, defends Shaktikanta Das in Chennai deal

Jul 05, 2016

Finance ministry takes to Facebook, defends Shaktikanta Das in Chennai deal

In the Facebook post, the ministry said the entire terms of allotment are approved by the state cabinet and the orders are issued by the secretary (Industries). #facebook #finance ministry #NewsTracker #Subramanian Swamy #Arun Jaitley #Shaktikanta Das #Sanmina SCI Corporation