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Income cap among OBCs raised to Rs 8 lakh per annum: Arun Jaitley

A big decision has been taken by the Central Government on OBC reservations. The circular has increased the limit for the creamy layer from OBC to six lakh to eight lakh. This information was given by Finance Minister Arun Jaitley. Let us tell you that the last review for OBC reservations was made in 2013.

Terrorists in Under Great Pressure: Arun Jaitely

Defense Minister Arun Jaitley said during a television programme that Terrorists in Kashmir are now ‘under pressure’ and the financial crunch caused by demonetization.   The National Investigation Agency (NIA) on foreign funding has checked illegal activities in Jammu and Kashmir in a large scale.”The Minister also mentioned that demonetization has impacted terror funding significantly “Today

Finance Minister apologizes for not asking for tea

Finance Minister apologizes for not asking for tea

Punjab Finance Minister Manpreet Singh Badal known for his presence at all-time work, once again became the subject of discussion when a media noticed a board in the reception of his office at the Secretariat.Manpreet Badal has written directly on the board in the office that, “Dear I’m really sorry for not offering tea to

Know here the truth of Entertainment Tax to be imposed on public

Know here the truth of Entertainment Tax to be imposed on public

The Punjab Government and cable operators have come face to face regarding proposed Entertainment Tax. The Cable operators said that the government wants to eliminate the cable industry by putting the burden of tax. The multinational companies are behind this.The Punjab cable operators Welfare Association president Sanjeev Singh aka Sunny Gill said that one side

RBI chief calls on Jaitley before policy review

RBI chief calls on Jaitley before policy review. New Delhi, Jul 28 Ahead of the next monetary policy review in August first week, Reserve Bank Governor Urjit Patel today called on Finance Minister Arun Jaitley and is believed to have discussed various macro-economic issues. After meeting the minister, Patel met the newly appointed Economic Affairs

Senior bureaucrat appointed as Private Secretary to Arun Jaitley

Senior bureaucrat appointed as Private Secretary to Arun Jaitley

For all the Latest news download Daily Post news app:- Click For Android Click For IOS Senior bureaucrat Saurabh Shukla was today appointed as the private secretary to Finance Minister Arun Jaitley.Shukla, a 2005-batch officer of the Indian Audit and Accounts Service, would be in the post till October 19, 2019, an order issued by

State rice millers urge FM to take steps to revive their industry

Delegation of Punjab Rice Miller’s Association during the meeting with Finance Minister Manpreet on Thursday. The millers were ready for one time settlement and ready to deposit the money, if the interest was waived. They urged the Minister to issue a notification to waive 5 pc GST imposed on rice bran and Rs 5 per unit

Delhi HC seeks Finance Ministry's response on imposition of GST on sanitary napkins

Delhi HC seeks Finance Ministry’s response on imposition of GST on sanitary napkins

For all the Latest news download Daily Post news app:- Click For Android Click For IOS The Delhi High Court on Tuesday sought reply from the Finance Ministry by November 15 on the Public Interest Litigation (PIL) filed on the imposition of 12% Goods and Service Tax (GST) on sanitary napkins. The PIL also sought

Capt. Amarinder writes to Jaitley for GST exemption on Langar, Prasad for all Religious Institutions

Chandigarh, July 17:- Punjab Chief Minister Captain Amarinder Singh has sought GST exemption from Union Finance Minister Arun Jaitley on Langar (community kitchen) and the Prasad distributed at various religious institutions.The Chief Minister has written to Jaitley on this issue following an appeal by the Sikh Gurdwara Prabhandak Committee (SGPC) and other individuals and organisations

Army Chief get the financial strength for small scale war

Army Chief get financial strength small scale war  In an important decision, the government has given the right to Army to purchase essential weapon systems and military platforms for preparations for small scale war. A senior official said, “Its aim is to fulfil the lacks of the Army’s war preparations. Considering the current requirement, if these

Jaitley asks Opposition to reconsider its decision to skip GST launch

Jaitley asks Opposition to reconsider its decision to skip GST launch

Union Finance Minister Arun Jaitley on Thursday said that the proposed rollout of the Goods and Services Tax (GST) on July 1 has a backing of broad consensus of 31 state governments and Union Territories. He also asked the Opposition to reconsider its decision on skipping GST launch on the midnight of June 30.The Finance Minister said, “I cannot recall

Bharti Kisan Union: Sidhupur burns effigy of Finance Minister

Bharti Kisan Union: Sidhupur burns effigy of Finance Minister

In Dhilwan near Tapa Mandi Bharti Kisan Union Sidhupur, burns effigy of Finance Minister Manpreet Singh Badal.On this occasion, District President of Kisan Union, Mr. Roop Singh Dhilwan said that Punjab Finance Minister Manpreet Singh Badal, in a statement regarding farmers’ leakage of government and non-government debt, said to be a beggar in their statement

Finance Minister at his poetic best during budget speech

Finance Minister at his poetic best during budget speech

Quoting the hauntingly beautiful lines of the poet Allama Sir Mohd Iqbal: “Pirona Ek hee Tasbi Mein, En Bikhrey Hoe Dano Ka, Gar Mushkal Hai Toh Iss Mushkal Ko Aasan Karke Chhodunga…,” Punjab Finance Minister Manpreet Singh Badal on Tuesday presented his fourth budget.Though it was his maiden budget presentation in the Congress government, this

Punjab Budget 2017-18 Sidhu thanks CM finance minister

Punjab Budget 2017-18: Sidhu thanks CM and finance minister

Punjab Budget 2017-18 Sidhu thanks CM finance minister . Local Government and Tourism and Culture Affairs Minister Navjot Singh Sidhu, Finance Minister Punjab Manpreet Singh Badal today presented the budget in the Punjab Vidhan Sabha.Tourism and Culture Affairs Minister Navjot Singh Sidhu thanked chief minister and Finance minister for giving special priority to local government

Manpreet Singh Badal did not Meet War Martyr Families

Manpreet Singh Badal did not Meet War Martyr Families

Finance Minister of Punjab Manpreet Singh Badal not meet to the war martyrs families, due to the citing Engagement in work is the main reason for not to meet with Martyrs Families. He said that he will meet with Martyrs in the office. On the other hand, these families had said that Manpreet Singh Badal

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GST rates decided on 1,211 items

Making further progress on rolling out Goods and Services Tax (GST) by July 1, the GST Council on Thursday decided the tax rates for 1,211 items, a majority kept at 18 per cent, though the rates on gold and beedi remained undecided. The Council did not take any decision on services tax rates.Key Decisions: Items

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Manpreet hopeful of getting Rs.6,000 cr from Centre after GST implementation

To put the state, facing financial crunch, back on the rails, Punjab Finance Minister Manpreet Singh Badal on Monday expressed hope that after the Goods and Service Tax (GST) was implemented in the state, the state’s coffers would be enriched by Rs 6,000 crore every year by way of its collection from various quarters. He

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Reduce time lag in loan approval and disbursal, says India to ADB

India has urged the Asian Development Bank to reduce the time it takes to approve a loan as well as to disburse as the developing countries in the Asian region need to build their infrastructure and increase social sector spending. Speaking at the business session of the ADB Board of Governors, Finance Minister Arun Jaitley

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‘Mid-term foreign trade policy to be out before GST roll-out’

Commerce Minister Nirmala Sitharaman on Saturday said the revised mid-term foreign trade policy (FTP) is to be announced few days ahead of July 1, the scheduled date for the Goods and Services Tax roll out. After holding a meeting with various stakeholders, including exporters as part mid-term review of FTP (2015-20) here, the minister also

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Jaitley rules out any surprise in GST rates on roll-out

Finance Minister Arun Jaitley ruled out any surprises in the tax rates in the Goods and Services Tax (GST) that is proposed to be rolled out on July 1 and also asserted that there will be no cascading in goods and commodities, which can even see tax rates coming down a little.”Officers are working on