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Jaitley fiscal slippage

Jaitley attributes fiscal slippage to 11 months GST

Jaitley fiscal slippage Finance Minister Arun Jaitley on Monday attributed the 0.3 percent fiscal slippage to the Goods and Services Tax (GST) accrued from 11 months of the year rather than 12.“GST revenue was collected for 11 months, while expenditure accounted for is 12 months. This resulted in a 0.3 percent fiscal slippage. Apart from this, low non-tax revenue and dividends

Crop, motor, health insurance sectors drove non-life sector: Economic Survey

Crop, motor and health insurance policies majorly enabled the non-life insurance sector to log 33 per cent growth in 2016-17, the Economic Survey 2017-18 said on Monday.According to the Survey, tabled in Parliament on Monday by Finance Minister Arun Jaitley, during 2016-17, the Gross Direct Premium (GDP) of non-life insurers (within India) was Rs 130.97,000

Punjab BJP hails PM's move for simultaneous Lok Sabha, state assembly polls

Punjab BJP hails PM’s move for simultaneous Lok Sabha, state assembly polls

Punjab BJP hails PM’s move for simultaneous Lok Sabha, state assembly polls Amritsar – Punjab Bharatiya Janata Party (BJP) state executive member Rajinder Mohan Singh Chhina on Monday hailed Prime Minister Narendra Modi’s proposed initiative of holding simultaneous elections to Parliament and state assemblies. He said it is a revolutionary idea which will give boost

70th Army Day

India celebrates 70th Army Day

On 70th Army Day. Chief of Army Staff Bipin Rawat, Chief of the Naval Staff Sunil Lanba, and Air Chief Marshal B S Dhanoa paid tribute at Amar Jawan Jyoti in New Delhi on Monday. The day commemorates the valiant soldiers for their sacrifice to the nation and its citizens. On the occasion, Prime Minister Narendra Modi took to Twitter to extend greetings to the soldiers

political funding

Jaitley calls for reforms in political funding

Days after the presentation of the Electoral Bond scheme before the Parliament, Finance Minister Arun Jaitley on Sunday opined that the concept is necessary to envisage the promotion of clean money and transparency in the process of political funding. In a blog post titled “Why Electoral Bonds are Necessary”, Jaitley said cash donations contain an element of anonymity, which

Banking sector posts 10.7 pct YoY growth in Dec'17

Banking sector posts 10.7 pct YoY growth in Dec’17

Banking sector posts 10.7 pct YoY growth in Dec’17: New Delhi [India], The banking sector sustained its growth momentum post the Centre’s public sector bank (PSB) recapitalisation plan by driving a significant surge in credit growth. As per latest statistics, the banking sector posted a double digit growth of 10.7 percent year-on-year (YoY) growth in December 2017,

Narendra Modi to be first PM to attend World Economic Forum in 20 years

Prime Minister Narendra Modi will make his maiden appearance at Davos, the Alpine ski resort where the world’s top CEOs and a large number of heads of government gather for the annual meeting of the World Economic Forum in January.Modi will be the first Indian Prime Minister at the Davos summit since 1997 when then

Delhi High Court to continue hearing Arun Jaitley defamation case

Arun Jaitley defamation case: The Delhi High Court will continue hearing the civil defamation case filed by Finance Minister Arun Jaitley against Delhi Chief Minister Arvind Kejriwal and other Aam Aadmi Party (AAP) leaders, today.Jaitley had filed a civil defamation suit against Kejriwal and five other AAP leaders, including Ashutosh, Kumar Vishwas, Sanjay Singh, Raghav

Received excellent response from Centre, PM: Amarinder

Received excellent response from Centre, PM: Amarinder

CHANDIGARH: With the Congress government in Punjab seeking support of the Central government on several state-related issues, Chief Minister Captain Amarinder Singh said that so far, he has received ‘excellent response from the Centre and Prime Minister Narendra Modi. The chief minister said that the state government has been able to resolve some critical issues such

CM orders  clearance of pending paddy payment to farmers in 48 hours

CM orders clearance of pending paddy payment to farmers in 48 hours

CM orders clearance of pending paddy payment to farmers in 48 hours Chandigarh – Chief Minister Captain Amarinder Singh has ordered clearance of all pending paddy procurement payment of the farmers within 48 hours, following enhancement of the Cash Credit Limit (CCL) by the Reserve Bank of India (RBI). The Chief Minister has made it

Public opinion has changed in favour of FDI in defence: Jaitley

Public opinion changed FDI favour: The Indian government has been able to change domestic public opinion in favour of inviting foreign investment into sectors of production that were earlier considered out of bounds both for ideological as well as security reasons, Finance Minister Arun Jaitley has said.“We have been able to invest FDI (foreign direct

GST Council reduces tax rates on 27 goods, approves quarterly return filing

GST Council reduces tax rates on 27 goods, approves quarterly return filing

GST Council reduces tax rates on 27 goods: Facing severe criticism over the implementation of Goods and Services Tax, the government on Friday announced a slew of measures to ease the concerns of traders, exporters and small business while slashing the rates on 27 items of common consumption, including roti, khakra, namkeens, stationery, man-made yarn

Punjab seeks Rs 2K cr from Centre to stop paddy straw burning

Punjab seeks Rs 2K cr from Centre to stop paddy straw burning

paddy straw burning: Punjab today sought Rs 2,000 crore from the central government for farmers so that they can remove paddy straw without burning it to check pollution and soil damage. The demand was raised by Punjab Chief Minister Captain Amrinder Singh at a meeting with Union Agriculture Minister Radha Mohan Singh.Farmers in Haryana and

PM Modi to launch 'power for all' scheme on Sept 25

PM Modi to launch ‘power for all’ scheme on Sept 25

PM Modi to launch ‘power for all’ scheme on Sept 25. Until completion of 75 years of independence, every family will have permanent residence with water connections, toilet facilities, 24×7 power supply and utilities. To achieve this goal, the Central Government has started a comprehensive mission “2022 tak Sab Ke liye Avaas”.Prime Minister Narendra Modi

Law Ministry thumbs up to draft bill on fugitive economic offenders

Law Ministry thumbs up to draft bill on fugitive economic offenders

Law Ministry thumbs up to draft bill on fugitive economic offenders. The law Ministry has given its concurrence to a draft bill that will give powers to the government to confiscate property of economic offenders and defaulters who flee India, albeit with a new provision, official sources said. The bill flows from Finance Minister Arun

RBI using CVPS for counting demonetized currency: RTI

RBI using CVPS for counting demonetized currency: RTI

The Reserve Bank of India (RBI) is not using ‘counting machines’ for tallying the total number of demonetized notes of Rs 500 and Rs 1,000 in any of its offices, the central bank has said in an RTI replRather, it is using “sophisticated Currency Verification and Processing (CVPS) machines for checking the numerical accuracy and

Punjab asks Centre to set up panel to review `31k cr debt

Punjab asks Centre to set up panel to review `31k cr debt

Punjab asks Centre to set up panel to review `31k cr debt. Chief Minister Captain Amarinder Singh on Tuesday called upon Union Minister of Consumer Affairs, Food and Public Distribution, Ram Vilas Paswan, to seek Central support in settling the unsustainable debt burden of Rs 31,000 crore and requested a review committee to examine the

Arvind Kejriwal use abusive language : Jethmalani

Arvind Kejriwal use abusive language : Jethmalani

Senior advocate Ram Jethmalani has claimed that Delhi Chief Minister Arvind Kejriwal “ used worse abuses than a mere crook” for Finance Minister Arun Jaitley. “When Arun Jaitley filed the first [defamation] suit and criminal case, you naturally sought my services,” the lawyer said in a letter he wrote to Kejriwal on July 20, a

Prof. Badungar writes to Jaitley for scholarship amount for SGPC colleges

Prof. Badungar writes to Jaitley for issuing scholarship amount for SGPC colleges

For all the Latest news download Daily Post app Click For Android:- Click For IOS:- Prof. Badungar writes to Jaitley for issuing scholarship amount for SGPC colleges.Amritsar: President of Shiromani Gurdwara Prabandhak Committee, Prof. Kirpal Singh Badungar, wrote a letter to Indian Finance Minister Arun Jaitley and demanded the issuing scholarship amount for the colleges coming under