finance minister

India Saturday hiked its defence allocation by a modest 7.74 percent to Rs.246,727 crore ($40 billion), with Finance Minister Arun Jaitley declaring that “defence of every inch of our land is above everything else”. Presenting the budget…

The government will enhance the allocation to the Mahatma Gandhi National Rural Employment Guarantee (MNREGA) scheme by Rs.5,000 crore, Finance Minister Arun Jaitley said Saturday presenting union budget. "The government will enhance the…

The government targets to bring down the fiscal deficit to 4.1 percent of the gross domestic product (GDP) in 2014-15 and further down to 3 percent in three years. "We plan to bring down the fiscal deficit to 4.1 percent in 2014-15,"…

Presenting the national budget for the next fiscal, Finance Minister Arun Jaitley Saturday said the state of the country's economy was better placed today with its credibility re-established by a series of measures taken by his government.…

Finance Minister Arun Jaitly presented the second Union Budget of the NDA Goverment today in Lok Sabha. Here are the highlights: * Changes in excise on tobacco items, including cigarettes, paan masala and gutkha * Tax exemption for…

Presenting union budget, Finance Minister Arun Jaitley Saturday said that the NDA government has been able to convert cleanliness into a movement and `Swachh Bharat' was among the key achievements. Presenting the union budget in the Lok…

Displaying the government's intent on implementing a new indirect tax regime for India, Finance Minister Arun Jaitley Saturday announced that the proposed Goods and Services Tax (GST) Bill will be implemented from April next year. "We…

Finance Minister Arun Jaitley Saturday began presenting India's union budget for the next fiscal, saying the state of the country's economy was better placed today with its credibility re-established by a series of measures taken by his…

Finance Minister Arun Jaitley Saturday assured trade unions that the government did not intend privatizing either the railways or Coal India. "Government has no intention to privatize either railways or Coal India. The focus of the…

Odisha Finance Minister Pradip Amat has attended Pre-Budget Consultation Meeting of Union Finance Minister, Arun Jetly at Hotel Ashoka, New Delhi, on Friday. In this meeting Minister Amat has raised some issues common to States and specific…