Finance Minister Arun Jaitley

The benevolent GST Council has also made provisions for service providers such as beauty parlors, automobile service centers and others that will not be subjected to file detailed returns and will be able to pay taxes at a flat rate of 6%.

New Delhi: Amid all the Rafale controversies BJP is facing, Finance Minister Arun Jaitley reproached Rahul for his comments and has made it clear that the government is in no mood to scrap the deal. “Irrespective of the allegations, the Rafale deal will not be cancelled,” Jaitley rebuked. Jaitley also reprimanded Congress President Rahul Gandhi for …

New Delhi: As the government on Monday proposed amalgamation of Bank of Baroda (BoB), Vijaya Bank and Dena Bank into the country’s third-largest bank, BoB Managing Director P.S. Jayakumar said it may happen in four to six months. “Going by past practices, the merger may take four to six months. It can be speeded up also…it …

New Delhi: In a bid to further help domestic smartphone manufacturers, Finance Minister Arun Jaitley on Thursday announced a hike in customs duty on mobile phones to 20 per cent from 15 per cent. “Customs duty on import of mobile phone parts will be increased to 20 per cent from the existing 15 per cent. …

New Delhi: Finance Minister Arun Jaitley on Thursday announced a flagship National Health Protection Scheme under which Rs 5 lakh cover will be provided a year to 10 crore poor and vulnerable families in the country. “We are now launching a flagship national health protection scheme to cover 10 crore poor and vulnerable families. This …

New Delhi: The Congress on Thursday blamed Prime Minister Narendra Modi and Finance Minister Arun Jaitley for “monumental mismanagement” of the economy and demanded a white paper on its condition. “PM Modi is singularly responsible for inflicting grave damage on the economy by his reckless decisions including demonetisation and hasty imposition of a flawed GST. …