finance minister Arun Jaitley
The Economic Survey stated that in order to facilitate improvement in business environment the government should practice a ‘use it or lose it’ policy. This policy would help in freeing land holdings for industrial purposes. Apart from this the pre-Budget document also spoke of other short term solutions which would help the government in developing [...] Continue Reading »
The entire nation and the business world abroad are looking at the maiden budget of the Modi Government to be presented on July 10 with a lot of anticipation. Manufacturing, housing and labour skilling are going to be the key long-term focus of Finance Minister Arun Jaitley maiden budget on July 10. The government’s main [...] Continue Reading »
Modi’s regime has completed a full month recently, and has thrown up some of the best economic data in a while, generating excitement ahead of a budget that is expected to unveil measures aimed at sparking a recovery, after a slump that has seen growth stay below 5 percent for two years in a row. [...] Continue Reading »
Britain’s Chancellor of the Exchequer George Osborne and Foreign Secretary William Hague are set to visit Mumbai and Delhi next week ahead of the maiden Budget to be presented by the finance minister on July 10. This will be the country’s first ministerial visits to India since the election. The ministers will begin their visit [...] Continue Reading »
The basic theme guiding Budget preparations is the restoration of the economy to a high growth rate, Financial Services Secretary G S Sandhu said today. He said all ministries and departments were working on a single theme, for the first Modi-government budget to be presented on July 10th. He did not elaborate on specifics. In [...] Continue Reading »
The six-month extension in excise duty concession announced by the Finance minister Arun Jaitley on Wednesday came as a small relief for the capital goods and consumer durables industries; however the economy of the country needs a drastic uplift for the sector to breathe easy. The buying power has reduced which had an adverse effect [...] Continue Reading »
The Centre has called a meeting with states on Friday to discuss possible changes to be made to the land acquisition law. This has given congress an opportunity to accuse BJP for changing sides as within nine months of backing the law in Parliament. Any bid to amend the law is likely to result in claims [...] Continue Reading »
The Indian Real estate industry is looking at the first budget to be presented by the Modi Government with a lot of expectations. The property sector is looking at the possibility of the solution of the issues that have been plaguing the Indian real estate sector – such as delayed projects, legal quagmire, lack of [...] Continue Reading »
In order to revive the slump in the industries and safeguard the interests of the MNCs and large conglomerates, Corporate India has requested the Finance Minister Arun Jaitley to exempt special economic zones (SEZ) developers and units from the levy of minimum alternate tax (MAT). The previous government did not pay any heed to this [...] Continue Reading »
Arun Jaitley has finally taken office as a finance minister and he is laying special emphasis by restoring the growth as inflation is controlled as well as refining the budget deficit at the same time. Since he was the commerce minister during the Vajpayee government from 2003 to 2004, he will make sure that the [...] Continue Reading »
