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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


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


‘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


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

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Jaitley, Pak minister share cold vibes

Frosty Indo-Pak relations after the beheading of Indian soldiers by Pakistani troops were on full display here when Finance Minister Arun Jaitley was on dais with his Pakistani counterpart, often sharing cold vibes and aggressively countering Islamabad backing of China’s Belt and Road initiative.This was the first instance of leaders of the two nations sharing


Jaitely to leave on 3-day visit to Japan

Finance Minister Arun Jaitley will leave on a three-day official visit to Japan today to participate in the annual meeting of Board of Governors of Asian Development Bank (ADB) and the spring meeting of the Institute of International Finance (IIF).Jaitley will attend the meeting of Board of Governors’ of ADB in Yokohama and the Investors’

PM, Finance Minister not on same page on Kashmir: Congress

New Delhi: The Congress on Monday questioned the “contradictory policy” of the government on Jammu and Kashmir and said that Prime Minister Narendra Modi and Finance Minister Arun Jaitley were “not on the same page” on the sensitive issue. The Congress also said that the Prime Minister is talking about dialogue, “but with whom does

Jaitley to inaugurate India International Footwear Fair

 New Delhi: Finance Minister Arun Jaitley willinaugurate the India International Footwear Fair (IIFF) here on August 5. As many as 263 companies from India and abroad are participating in the fair this year. The organisers expect business of around Rs 2,000 crore to be generated from the three-day event. “Last year the quantum of business