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Arun Jaitley

Birth DetailsDecember 28, 1952 - August 24, 2019

NationalityIndian

LeaguePolitician

EducationB.Com, Shri Ram College of Commerce, New Delhi; L.L.B, University of Delhi

Arun Jaitley’s Journey so far ...

While in college, Arun Jaitley was a student activist and a member of the Akhil Bharatiya Vidyarthi Parishad (ABVP)
In 1974, he was elected as the president of the Delhi University students’ union
Jaitley was appointed as the president of Delhi ABVP and the All India Secretary of the ABVP in 1977 and later as the president of BJP’s youth wing
In 1989, he became the Additional Solicitor General for the Government of India
Jaitley became a member of the Bharatiya Janata Party’s national executive in 1991
In 1999, he was appointed as the Minister of State for Information and Broadcasting (Independent Charge) in Atal Vihari Bajpayee’s Cabinet
Later in 1999, he was given charge as the Minister of State for Disinvestment (Independent Charge)
Jaitley was elected to the Rajya Sabha for the first time in 2000
In July 2000, he was appointed as the Ministry of Law, Justice and Company Affairs (Independent Charge)
Later in 2000, as a Cabinet minister, he was put in charge of the Ministry of Law, Justice and Company Affairs and the Ministry of Shipping
He was appointed as the general secretary and spokesperson of the BJP in 2002
He was re-elected to the Upper House of Parliament for a second term in 2006
Jaitley became the leader of the Opposition in the Rajya Sabha in 2009
His third term in the Rajya Sabha began in 2012
He became a part of Narendra Modi’s Cabinet in 2014 as was given charge as the Minister of Finance, Corporate Affairs, and Information and Broadcasting
Jaitley died on August 24, 2019

Before you go ...

He was the Minister of Defence for a few months in the Modi government
An avid follower of cricket, Jaitley has been associated with the Delhi Cricket Association and Board of Control of Cricket in India. As an advocate, he has represented politicians such as LK Advani and Madhavrao Scindia and major companies like Coca-Cola and PepsiCo

Last Updated: 26/10/2021

Arun Jaitley News

Budget 2015-16: Fiscal push, infra boost, new black money law, a long-awaited corporate tax cut
The Union Budget 2015-16 presented a roadmap for growth and reforms. It aimed to boost manufacturing and infrastructure. Financial inclusion and welfare for the poor were prioritised. Key initiatives included GST and the JAM trinity. The budget also focused on agriculture, entrepreneurship and social security. Reforms in financial markets and measures against black money were announced.
KISSing those crazy GST slabs bye
The GST Council has streamlined the tax structure, introducing a 0%, 5%, 18%, and 40% tier system, eliminating the 28% slab except for luxury items. While many goods and services now fall under the 5% and 18% categories, a 40% 'sin' tax on certain items remains. Hotel tariffs below ₹7,500 will be taxed at 5%.
Rohan Jaitley demands public apology from Rahul Gandhi over remarks on Arun Jaitley
Rohan Jaitley, son of the late Arun Jaitley, has demanded a public apology from Rahul Gandhi for alleging that his father threatened him regarding the 2020 farm laws. Jaitley emphasized that the laws were enacted after his father's death, making the accusation impossible.
"If irresponsibility has a face...": Nirmala Sitharaman slams Rahul Gandhi over remarks on Arun Jaitley
Finance Minister responded to Rahul Gandhi's remarks, as the latter claimed that Arun Jaitley was sent by the Modi government to "threaten" him for trying to fight against the farm laws.
'It can't be about land stir either': Congress amid controversy over remarks on Arun Jaitley
Rahul Gandhi's recent claim that Arun Jaitley threatened him over his support for the anti-farm law agitation has sparked controversy. Opposition leaders, including some within the Congress, have expressed concern and embarrassment due to the contradiction, as Jaitley passed away a year before the protests began.
Rahul Gandhi claims Arun Jaitley was sent to 'threaten' him for opposing farm laws
"I remember when I was fighting the farm laws, Arun Jaitley was sent to me to threaten me. He told me, 'If you carry on opposing the government, fighting the farm laws, we will have to act against you. ' I looked at him and said 'I don't think you have an idea who you are talking to,'" Rahul Gandhi said.
Rohan Jaitley fact-checks Rahul Gandhi over claim that late Arun Jaitley 'threatened' him for opposing farm laws
Rahul Gandhi alleged that Arun Jaitley threatened him during the 2020 farm law protests. Rohan Jaitley, Arun Jaitley's son, refuted this claim. He pointed out that his father passed away in 2019, before the laws were introduced. Rohan Jaitley called the claim factually inaccurate and disrespectful.
IPL 2025, KKR vs SRH: Will rain play spoilsport in Delhi today? Check the latest update on traffic and weather
Kolkata Knight Riders will face Sunrisers Hyderabad in an IPL match. The weather forecast indicates a low chance of rain. Earlier rains caused waterlogging in Delhi. Traffic restrictions are in place around Arun Jaitley stadium. Spectator movement is expected to cause congestion. Certain roads should be avoided during match hours. Free parking and shuttle services are available near the stadium.
Delhi HC seeks BCCI response on copyright infringement petition by Delhi Press Patra Prakashan
The Delhi High Court has sought a response from the BCCI and others regarding a copyright infringement petition filed by Delhi Press, publishers of Champak magazine. The petition contests the use of the name 'Champak' for a robotic dog in the IPL, alleging trademark infringement.
IPL 2025 DC vs RCB: Top players to watch in tonight’s high-stakes clash at Arun Jaitley Stadium
An exciting IPL match is scheduled between Delhi Capitals and Royal Challengers Bengaluru. Virat Kohli and KL Rahul are expected to be key players. The pace battle between Mitchell Starc and Josh Hazlewood adds to the thrill. Both teams aim to secure crucial points for a playoff spot at Arun Jaitley Stadium.
Homecoming of a King: Exuberant fans turn Delhi Ranji game into spectacle for a glimpse of Virat Kohli
Virat Kohli drew unprecedented crowds at a Ranji Trophy game between Delhi and Railways, with fans filling the stands and overwhelming administrators. Attendance surpassed expectations, prompting the opening of additional seating areas. Kohli's mere presence energized the audience, even though he didn't bat immediately, showcasing his immense popularity.
Will Indian stock exchanges remain open for trading on budget day, Feb 1?
Indian stock market, special trading session, trading on budget, Budget 2025, NSE, BSE, Saturday trading, commodity derivatives trading, T+0 settlement suspended,
Rohan Jaitley easily beats Kirti Azad to be re-elected as DDCA president
Rohan Jaitley, son of the late Arun Jaitley, secured a second term as Delhi District Cricket Association (DDCA) president, defeating Kirti Azad. Jaitley garnered 1,577 votes against Azad's 777. Shikha Kumar won the vice-president's post, while other positions were also filled. Azad, a member of the 1983 World Cup-winning team, had previously alleged corruption within the DDCA.
Why is the verdict against electoral bonds by SC bench led by DY Chandrachud considered a 'landmark'?
India's Supreme Court has declared the Electoral Bond Scheme unconstitutional, citing transparency concerns and potential for corruption. The scheme, introduced in 2017, allowed anonymous donations to political parties, drawing criticism for its lack of transparency and potential for quid pro quo arrangements.
Gandhi on Rupee notes: Why only Bapu's portrait and which other names were suggested for this honour?
The journey of Indian currency from the colonial era to post-independence highlights Mahatma Gandhi's longstanding presence on banknotes, first appearing in 1969. Despite suggestions to feature other figures like Rabindranath Tagore and Dr. APJ Abdul Kalam, the RBI and Finance Ministry chose to retain Gandhi’s image as a national symbol.
Meet Rohan Jaitley, the likely new BCCI secretary who could take Jay Shah's place
Jay Shah has been elected as the ICC Chairman, set to start his term on December 1, 2024, making him the youngest person to hold the position. As Shah transitions to the ICC role, Rohan Jaitley is expected to become the new BCCI Secretary. Jaitley’s extensive cricket administration experience and strong support position him as a leading candidate. The Pakistan Cricket Board is also moving forward with preparations for the ICC Champions Trophy 2025, dismissing rescheduling rumors.
Rohan Jaitley, late Arun Jaitley’s son, may become BCCI secretary after Jay Shah
BCCI New Secretary: Rohan Jaitely, Arun Jaitley's son, has emerged as the probable successor for the BCCI secretary position. Jay Shah is likely to become the next ICC chairman, potentially becoming the youngest ever at 36. Supported by England and Australia, his likely appointment follows Greg Barclay's decision not to seek re-election.
Middle class upset: Mohandas Pai asks I-T dept to support its claims with data
On Tuesday, TV Mohandas Pai, chairman of Aarin Capital, criticised the Union Budget, disputing its claims regarding personal and capital gains taxes. He demanded more transparency from the income tax department, asserting that the budget proposals have upset the middle class.
Nirmala Sitharaman again takes tablet in red pouch to present paperless Budget
Finance Minister Nirmala Sitharaman on Tuesday presented the full Budget 2024-25 in a paperless format. Carrying a digital tablet wrapped in a traditional 'bahi-khata' style pouch, Sitharaman continued the paperless tradition established in previous years.
Why so much buzz over a budget exercise, Kola Veri Di?
The annual budget is a significant government announcement that impacts various sectors of society. Over the years, different budgets have introduced reforms and policies that have shaped the economy. While some budgets have been revolutionary, others have focused on incremental changes such as tax exemptions and policy updates. The budget speech outlines the government's financial goals and objectives for the year. Despite the hype surrounding the budget, its true impact is evaluated over time. Beyond personal tax calculations, the budget plays a crucial role in shaping the country's economic landscape and societal development.
Intention of Centre to levy GST on petrol, diesel; states will have to decide on rate: FM Nirmala Sitharaman
Sitharaman mentioned the ongoing taxation of petrol and diesel through excise duty and VAT, urging states to collaborate in the GST Council to decide on the tax rate.
Nirmala Sitharaman: Feisty defender of Modi govt to filling big shoes
As a staunch defender of the Modi government's economic policies and executor, Nirmala Sitharaman created a record when she was appointed as the first female Raksha Mantri, or Defence Minister, in 2017. Prior to that, she was industry and commerce minister.
Congress attacks PM Modi, BJP on 'Inheritance Tax' issue
Congress while distancing itself from Sam Pitroda's "inheritance tax" remarks attacked BJP, saying that the latter was trying to sensationalise the comments to divert attention from Prime Minister Narendra Modi's "malicious" poll campaign.
Congress has no plan whatsoever to introduce inheritance tax: Jairam Ramesh
Amid controversy surrounding Sam Pitroda's remarks on inheritance tax, the Congress clarified that it has no plans to introduce such a tax, citing Jayant Sinha's past remarks suggesting the Modi government's inclination towards it. Congress leader Jairam Ramesh highlighted Sinha's and Arun Jaitley's statements supporting an inheritance tax.
Intention behind electoral bonds scheme was good: Gadkari; says no party can survive sans funds
"When Arun Jaitely was (Union finance) minister, I was part of that discussion (regarding electoral bonds). No party can survive without resources. In some countries, governments fund political parties. There is no such system in India. Thus, we chose this system of financing political parties," said Gadkari on a question about electoral bonds. He noted the main intention behind introducing electoral bonds was that political parties get funds directly, but the names (of donors) are not disclosed because "problems arise if the party in power changes".
Kotak family-owned Infina Finance gives Rs 60 cr to BJP via electoral bonds
Little-known NBFC Infina Finance, owned by the Kotak family, has donated electoral bonds worth Rs 60 crore to the BJP. According to the data given by the State Bank of India (SBI) to the Election Commission, Mumbai-based Infina Finance purchased these bonds in the denomination of Rs 1 crore in 2019, 2020 and 2021.
Govt carried out coal auctions after tweaking rules, alleges Cong citing CAG reports
The opposition party also asked why no action was taken by the government and the prime minister on letters by two BJP leaders raising concerns over the coal auctions. It further asked whether the government would order an ED investigation into the matter.
WPL Opening Ceremony 2024: Shah Rukh Khan to perform. Where to watch live streaming and other details
The Women's Premiere League (WPL) will begin on Friday with the Mumbai Indians taking on Delhi Capitals at the Chinnaswamy Stadium in Bengaluru. Bollywood star Shah Rukh Khan will perform at the opening ceremony, along with Shahid Kapoor, Siddharth Malhotra, Karthik Aryan, Varun Dhawan, and Tiger Shroff. Mumbai will no longer host the WPL 2024 tournament, which will initially be held in Bengaluru, followed by the eliminator and championship game in Delhi at the Arun Jaitley Stadium.
Supreme Court strikes down electoral bonds as unconstitutional
State Bank will stop issuing such bonds immediately and provide complete details on those issued since 2019 to the Election Commission of India, which will make this information public by March 13, the court said. Also, bonds issued and still within the 15-day validity period have to be returned and the money refunded to the purchaser.
"For how long you will justify disruptions citing past precedent?" RS Chair Jagdeep Dhankar to Oppn
Rajya Sabha Chairman Jagdeep Dhankar questioned the Opposition on how long they would justify disruptions in proceedings based on past precedents. Leader of Opposition Mallikarjuna Kharge defended the disruptions, citing examples of late BJP leaders Arun Jaitley and Sushma Swaraj. Dhankar expressed his disappointment with the absence of Congress during discussions and urged Kharge to put his members in discipline.
A look at special Parliament sessions since Independence
Here is a historical recount of last few times a special session of Parliament was called and why.
Mumbai police may tap Sebi for details on FMC Ex-chief Ramesh Abhishek's actions
The Mumbai Police may approach India's Securities and Exchange Board to enquire about the former Forward Markets Commission chairman Ramesh Abhishek's role in the 10-year-old ₹5600 crore National Spot Exchange payment crisis. The police are seeking to establish if the capital-markets regulator's investigation revealed any alleged act of deliberate omission, commission, or negligence on Abhishek's behalf.
6 years of GST: India's unprecedented indirect tax reform that dared to revolutionise the economic landscape
India's introduction of the Goods and Services Tax (GST) marked a significant milestone in the country's taxation history. The tax base has more than doubled since its implementation in 2017, with revenues experiencing substantial growth. However, there is still room for more businesses to enroll in GST. There is potential for further growth and harmonization in the future.
Supply-side reforms to aid India growth in next decade: Report
India's supply-side reforms will stimulate a new cycle of capital expenditure and manufacturing, pushing its share of the GDP up by five percentage points by 2031, according to a Morgan Stanley report. The reforms will result in an increase in investments, with a moderation in the country's current account deficit and credit to GDP.
Eden Gardens tops in 5G download speeds this IPL: Open Signal
Of the 12 venues for this year’s IPL, 11 have 5G coverage, the outlier being the HPCA Stadium in Dharamsala. The Narendra Modi Stadium had the best 5G upload speed, while visitors at the Mumbai Indians’ home ground Wankhede had the best multiplayer gaming experience over 5G.
Trinamool Congress second richest party after BJP
On the expenditure side, while Trinamool Congress had spent 49.17 per cent of its total income during the fiscal under review, the figure for BJP during the same period stands at 44.57 per cent. Congress had exhausted almost 74 (73.98) per cent of its expenditure during the financial year under review.
Cong slams govt over ex-SC judge's appointment as Guv, calls it 'great threat' to independence of judiciary
Nazeer, who retired on January 4, has been part of several path-breaking verdicts, including those on the politically sensitive Ayodhya land dispute, instant 'triple talaq' and the one that declared 'right to privacy' a fundamental right.
Nirmala Sitharaman: The first female FM to present 5 Budgets in a row
Budget 2023, India Budget: Nirmala Sitharaman is the first female finance minister to present 5 budgets in a row. She joins the ranks of Arun Jaitley, Manmohan Singh and Moraji Desai.
Sceptical about PLI scheme; time to reverse customs duty hike: Arvind Panagariya
“Certainly, PLI as well as protection can give a boost in certain sectors that get the protection and sectors that get the subsidy will undoubtedly do better. It improves the profitability for the entrepreneurs and so those sectors will do better. The question is whether manufacturing as a whole will do better, and that we have not seen. Also, it is not sustainable,” says Arvind Panagariya, Former VC, NITI Aayog.
Income Tax Budget 2023 FAQs
Income Tax Budget 2023 FAQs
Does Rahul Gandhi want to vitiate the atmosphere in Kashmir, asks Anurag Thakur
"Now tourists can visit every corner of Jammu and Kashmir. This shows that the situation has improved in Jammu and Kashmir. There are no stone pelting incidents. Does Rahul Gandhi want to go there to spoil the atmosphere?" asked Anurag Thakur
Real growth not possible without inclusive growth: PM Modi
Reeling out steps taken by his government to promote inclusive growth, PM said nine crore free cooking gas connections have been given, 10 crore toilets have been constructed and 45 crore bank accounts have been opened in the last eight years.
India needs to grow 8-10% over next 25 years to create more jobs: Singapore Minister Shanmugaratnam
"India needs much higher growth and much deeper inclusivity ... India must grow by at least 8% to 10% over the next 25 years," Shanmugaratnam, minister in charge of the Monetary Authority of Singapore, said while delivering a lecture in memory of Arun Jaitley, India's former finance minister.
Finance ministry to hold first Arun Jaitley Memorial Lecture on July 8
Jaitley was the finance minister between 2014 and 2019 as part of the first term of the Modi government. He died in August 2019. Briefing reporters about the lecture, Economic Affairs Secretary Ajay Seth said it will be held every year to recognise Jaitley's contribution to nation building.
View: Why it is impossible to continue with GST law in its present form
It was presumed that the introduction of a nationwide fiscal system would give the Centre exclusive power over indirect taxation. The court has decided that the amendment of the Constitution that enabled GST's introduction did not take away powers of the states to levy taxes. That makes it almost impossible to continue with the law in its present form.
Traders up in arms against 12% GST on textiles, footwear
CAIT National President B.C. Bhartia and Secretary General Praveen Khandelwal said that in the cotton textile industry there was no inverted tax structure, then why fabric and other cotton textile goods were brought under the 12 per cent bracket.
This is why Colonels earn more money than Lieutenant Generals
While a lieutenant-colonel, colonel and brigadier can get paid up to Rs 2,26,200, Rs 2,29,500 and Rs 2,33,100 per month, respectively, after adding the MSP component, the Vice-Chief of the Army Staff cannot get paid more than Rs 2,25,000.
Lok Sabha passes taxation amendment bill, scrapping of retro tax law
In 2012 the Supreme Court ruled that such income is not taxable under the existing provisions of the income tax Act. Consequently, the Finance Act of 2012 amended the income tax Act 1961 with retrospective effect to clarify that such income is taxable. The Finance Act 2012 also provided that the demand raised for this income shall be valid even if the said demand has been struck off by the Courts.
GST is inherently regressive, the model overly centralised: Tamil Nadu’s FM
There are some fundamental problems in how GST has been designed. It was not a good idea to remove the limited powers of taxation that States had and transfer it to a centralised body. The design was neither concrete, nor clear, said Palanivel Thiaga Rajan.
4 years of GST – Hits, misses and expectations
The taxpayers’ experience in the last four years have been mixed, with the organised and large industry players having easily adapted to the new GST world while the small and medium businesses are yet grappling to adapt to the tech-enabled regime.
View: Sell the best public sector banks; bids can be foreign
Two major questions: who will bid, and which banks will be offered for privatisation? For success, the government must make an all-out effort to attract foreign banks. They have the capital required, and interest in entering a country with big growth potential.
Seal GST with a KISS — ‘Keep It Simple, Stupid’ should be the watchword for GST reform
GST is still a complicated regime with varying slabs, not easy to comprehend or comply with, and open to interpretation.
Home Minister Shah unveils Arun Jaitley's statue at DDCA premises
Former India cricketer Bishan Singh Bedi had severely criticised the DDCA for choosing to install the statue of an administrator instead of an inspirational cricketer and even demanded that his name be removed from one of the stands at the Feroze Shah Kotla ground.
PM Modi, other top BJP leaders pay tributes to Arun Jaitley
"Remembering my friend, Arun Jaitley Ji on his birth anniversary. His warm personality, intellect, legal acumen and wit are missed by all those he closely interacted with. He worked tirelessly for India's progress," Modi tweeted.
View: Stadiums should tell stories of sportspersons, not politicians
One may find stands and gates named after cricketers — Sehwag and Anjum have one at the Kotla — there is not a single international stadium in the country that is named after a legendary cricketer.
Angry with idea of Jaitley statue at Kotla, Bedi asks DDCA to remove his name from stands, quits membership
Lambasting the DDCA for deciding to install a statue of its late former President Arun Jaitley at the Feroz Shah Kotla ground, spin legend Bishan Singh Bedi has asked the body to remove his name from the spectators' stand, named after him in 2017.
View: The BJP government should uphold its own pledge to end ‘tax terrorism’
In the now-famous case, an international arbitration tribunal in The Hague recently ruled that India’s imposition of a huge tax liability of Rs 22,100 crore on Vodafone, including interest and penalties, breached the investment treaty between India and the Netherlands. It also directed India to pay $5.47 million to the company for its legal costs.
View: States should get the GST revenue that Jaitley had promised
Finance minister Nirmala Sitharaman has offered a one-sided deal that the states have rejected furiously with accusations of betrayal. She should return to Jaitley’s spirit.
Over-promise to under-deliver: Why compensation cess involving GST is an issue worth pondering
Suggesting that states, and not the Centre, borrow to make up for the GST shortfall points to a breach of agreement and the sovereign browbeating the former for no fault of theirs.
View: There's a compelling case for Centre to borrow to meet states' GST shortfall
Markets would see immediately that the risk of default of state governments, with such a large rise in their liabilities, would be such that the creditworthiness of their ultimate guarantor — Government of India — would be called into question.
GST reduced tax rates, doubled taxpayer base to 1.24 cr: Finance Ministry
In a series of tweets, on the first death anniversary of former Finance Minister Arun Jaitley, the ministry said before GST, the combination of value-added tax (VAT), excise, sales tax and their cascading effect resulted in high standard rate of tax up to 31 per cent.
A look at Arun Jaitley’s tenure as Finance Minister
A look at Arun Jaitley’s tenure as Finance Minister
I miss my friend a lot: PM Narendra Modi on Arun Jaitley's first death anniversary
Prime Minister Narendra Modi on Monday remembered his late Cabinet colleague and friend of many decades Arun Jaitley on his first death anniversary and said he diligently served India.
View: Big gains ahead; it's also about equality, justice in J&K
Article 370 was inserted into the Constitution after Maharaja Hari Singh acceded to the Indian Union on October 26, 1947. The Instrument of Accession signed by him was the same as all the other princely states. Though there was no public demand for a separate status, the provision was introduced temporarily.
States may have to borrow as AG says Centre not obligated to pay for GST compensation shortfall
Sources said the AG in his view has said there is no obligation on the central government to pay the GST compensation shortfall from its coffers. The AG has also said the GST Council has to decide on making good the shortfall in the GST compensation fund by providing the sufficient amount to be credited to it.
February 2018 circular created rift between Finance Ministry and RBI, says Subhash Garg
The circular tightened norms on recognition of stressed assets, scrapped other restructuring schemes and said bad loans would only be resolved under the IBC. Section 7, which had not been used before, allows the government to give directions to the RBI in matters of public interest.
After SC order, India's cryptocurrency space is whirring back into action
Even as Coronavirus spread, with sectors such as retail, travel, aviation, realty and others hunkering down to face prolonged economic pain, the small club of cryptocurrency players stood out. They are hiring and are witnessing customers, particularly millennials, flocking in to buy virtual money.
Shankar Sharma says he will never touch LIC as an investor. Here's why
"Govt sold their unsold items to LIC and now they are selling the owner to us” said Sharma.
Govt has the right to reduce 5G reserve prices, says Trai chairman
Disruption is a natural process in any sector, what is wrong with that, asks RS Sharma, Chairman, TRAI. Coming to the reserve price, the 5G auction will determine the final prices but at the same time, we should begin the auction with minimal reserve prices, says Sharma. Edited excerpts:.
Government to rename NIFM as Arun Jaitley National Institute of Financial Management
Set up in 1993 as a registered society under the Department of Expenditure, NIFM trains officers of Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) as also officers of Indian Cost Accounts Service.
Congress may oppose LIC listing if govt fails to convince: Chidambaram
The LIC is profitable despite fierce competition from very large insurance companies of the world with deep pockets and it has also increased its first premium share last year by about five per cent, he said.
Budget 2020 exempts income of ISPRL from tax
In 2017, the government had exempted foreign companies from paying income tax on the sale of oil they store in India's strategic oil reserves. According to a budget 2020-21 document, the income of ISPRL will be exempt from taxes on the transaction of crude oil stored in its strategic caverns, provided the company replenishes the removed fuel within three years.
BSE, NSE to open for trading on Saturday for Union Budget 2020
In 2015, when former Finance Minister Arun Jaitley presented the Budget on a Saturday, Feb 28, stock exchanges were kept open for trading.
Arun Jaitley, Sushma Swaraj, George Fernandes given Padma Vibhushan posthumously. Here's full list of Padma award recipients
Jaitley, Swaraj, Fernandes and Parrikar have been given the award posthumously, the officials said.
FM may announce second round of capital infusion for non-life insurers in Budget
The government infused Rs 2,500 crore in the three insurers -- National Insurance, Oriental Insurance and United India Insurance -- through first supplementary demands for grants for 2019-20 last month. However, these companies would require additional Rs 10,000-12,000 crore capital dose to meet the prescribed solvency margin, sources said.
Budget 2020: Can government afford to miss its fiscal deficit target?
A number of experts have revised their fiscal deficit target for current fiscal. Fitch has raised the fiscal deficit target to 3.6 per cent for FY20. The data released by the Controller General of Accounts showed that the government had reached 115 per cent of the target for the full year in the first eight months of the current fiscal.
Credit goes to Mukherjee, Chidambaram and Jaitley for strong action against Sahara, says former Sebi chief U K Sinha
Sinha also praised former Prime Minister Manmohan Singh for his sound advice on how to balance the multiple roles of Sebi, and applauded current Prime Minister Narendra Modi for being a "very inquisitive" leader and always being firm in his belief that no person big or small should be spared for any wrongdoing.
View: Tax regime globally, as well as in India, is heading for some significant changes
The role of tax havens where servers can be located makes the task of a tax authority even more difficult. The debate on where MNCs should be taxed has grown interesting.
From Surgical strike to Modi returns 2019 was a super busy year
Narendra Modi led his party to a super-sized victory for a second term as Prime Minister.
Arun Jaitley was my go-to man: Venkaiah Naidu
“Jaitleyji was my go-to man for the past many decades. I used to seek his sage counsel whenever needed. Whenever there is a need for enlightened debate, Jaitley will be missed,” Vice President M Venkaiah Naidu said, according to an official release.
ET Awards 2019: StanChart CEO, Prasoon Joshi remember Jaitley; Bandhan Bank's boss impresses Sachin Bansal
E Sreedharan's story also got a lot of appreciation.
ET Awards: India is still the fastest-growing major economy, says Vineet Jain
While global issues like the US-China trade war and fears of a recession in Europe have cast a shadow over the bright prospects in India, the country is still the fastest-growing major economy in the world, Vineet Jain said at The Economic Times Awards. Jain said he expects the government to continue its reforms and clear any doubts people had on that front.
ET Awards: Arun Jaitley always put country first, says Sangeeta Jaitley
The late minister, who was also an ardent cricket lover, set high ethical standards and had an ability to build accord across political divides, say his wife, ministers and businessmen. Sangeeta Jaitley, who was making a rare public appearance after the demise of her husband on August 24, was accompanied by her daughter, Sonali.
Godse row: MP Congress wants Pragya's Lok Sabha membership annulled
Thakur created a controversy on Wednesday with her remark in Lok Sabha during DMK member A Raja's narration of a statement by Nathuram Godse before a court on why he killed Mahatma Gandhi. Amid the row, the BJP on Thursday removed Thakur from the consultative committee on defence.
Finance panel chief NK Singh blasts frequent tinkering with GST rates
Finance commission chairman NK Singh also pitched for a rationalisation in Centrally- sponsored schemes, and blamed the government for not clearly defining the role of the Niti Aayog, which as of now does not have any powers to take financial decisions. The comments come amidst concerns about the continuous fall in GST collection.
RS departs from convention in paying tributes to Jaitley, others
In a departure from convention, the Rajya Sabha on Monday allowed leaders of various political parties to speak and pay tributes to five late members, including former finance minister Arun Jaitley.
Winter session starts on stormy note; opposition uproar in Lok Sabha
Within minutes of commencement of the Question Hour, around 30 members from the Congress trooped into the Well, shouting slogans and demanding that the government stop attacking the opposition as well as foisting false cases.
J&K issues, citizenship bill, economy to keep govt busy
The Citizenship (Amendment) Bill, which is high on the government’s agenda for this session, may face hurdles since some parties are strongly opposed to it. During the meeting, BJD demanded that a legislation be passed for creating a Vidhan Parishad in Odisha.
Vice President Naidu unveils 15-point charter for Parliamentary reforms
Addressing the parties in the first Arun Jaitley Memorial Lecture, VP Venkaiah Naidu urged the parties to ensure at least 50% attendance in legislatures for effective parliamentary proceedings. He came up with a 15-point reform charter for the same.
You could lose a large part of your savings if your bank fails
India is among the countries that offer the lowest protection to depositors in cases of bank failure.
CIC to DEA: Which department has info on donors to political parties?
Department of Economic Affairs asked to give a consolidated reply in four weeks.
ET Awards 2019: Here're the winners
The winners were bound by a common thread — they were all bold, ambitious and committed to creating a better society.
Rajya Sabha bypolls on October 16 for seats falling vacant on deaths of Jaitley, Jethmalani
The notification for the byelection will be issued on September 27 (Friday), with the nominations set to begin from the same day.
View: Lower tax will boost sentiment, liquidity and investments
While India will and is trying its best to make use of adverse global trends, its worry largely has been domestic upheavals.
DDCA renames Feroz Shah Kotla as Arun Jaitley stadium
DDCA also unveiled a new pavilion stand at the Feroz Shah Kotla after current India skipper Virat Kohli
Arun Jaitley 'invaluable gem', inspires us to work harder for nation: Narendra Modi
Describing Jaitley as a "very close friend", Modi said he was a "stalwart blessed with so much talent".
A sweeping reset is in the works to bring India in line with fintech's rise
A high-level panel has proposed a comprehensive legal framework for consumer protection in the fintech age.
Pakistan PM Imran Khan hypes Kashmir situation, increases volatility: ex-envoy Roemer
Roemer oversaw the signing of the Counterterrorism Cooperation Initiative which broadened US-India coordination in intelligence and security cooperation.
Property deal stuck for 4 yrs: Adar Poonawalla blames bureaucracy
The billionaire Poonawalla family bid for Lincoln House in south Mumbai in 2015 with an offer of Rs 750 crore, making it the most expensive residential property deal in the country.
How glossing over dietary habits will prevent India from staying fit
Focus of fitness campaigns tends to be on exercise. But India’s biggest disease burden stems from its diet.
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