Showing posts with label Finance Minister. Show all posts
Showing posts with label Finance Minister. Show all posts


 Budget only beginning, I did whatever I could do: Arun Jaitley
New Delhi: Brushing aside denigration of not having done adequate reforms in the resources, Finance Minister Arun Jaitley has said this was the establishment of the journey and he did all he could do below the given circumstances.

"This is the inauguration of our voyage, not the end. Abhi hum jitna kar sakte the, humne utna kiya hai (Whatever I could do now, I have done). And all the decisions are not in use on day one," Mr Jaitley said.

Mr Jaitley, who accessible his maiden Budget on July 10, is being criticized, particularly by rating agencies, for not repealing the presentation tax alteration and not given that enough sops for the manufacturing.

The Minister, however, has provided relief to the salary earners by sacrificing Rs 22,200 crore in direct taxes. Refuting the disapproval, he said the government has taken chief steps which are needed but not taken in the past 10 years.

Union Budget 2014-15 to be presented in Parliament today amid expectations of tax sops

Union Budget 2014-15 to be presented in Parliament today amid expectations of tax sops
New Delhi: Finance Minister Arun Jaitley will present his maiden Budget on Thursday after his Bharatiya Janata Party, led by Prime Minister Narendra Modi, won a landslide victory in May to form the first majority government in three decades.

Jaitley's maiden Budget is expected to be a tightrope walk of trying to meet demands for tax sops especially from the middle class and pursuing fiscal prudence to spur investment and growth.

There are high hopes from the new government that it will raise tax slabs and also significantly hike the annual tax exemption limit to provide a much-needed relief to salaried class, which is reeling under the stubbornly high inflation.

Arun Jaitley underlines need to contain inflation, boost growth



Arun Jaitley underlines need to contain inflation, boost growth
New Delhi: Attributing the present monetary woes to a "decade of jobless growth", Finance Minister Arun Jaitley Sunday underlined the need to hold price rise and rush financial reforms to increase low-cost developed.

"Reviving the expansion impetus, containing price rises and varying the prototype of enlargement to profitable employment is today an superseding main concern," he said in his Facebook post summing up his one week in office.