Finance Minister | The Asian Age

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India has a treaty with Switzerland under which the Swiss government would provide all data from January 1, 2018 till December 31, 2018. (Photo: PTI)

Strong action to be taken against illicit Swiss deposits, says Goyal

India would get data as the accounting year ends, Goyal said.

29 Jun 2018 2:16 PM

Finance Minister Piyush Goyal on Friday said there is no need for "knee jerk reactions" on the rupee front, amid the currency touching lifetime lows.

Rupee fall: No need for 'knee-jerk' reactions, says Piyush Goyal

The rupee had yesterday breached the 69-mark against the US dollar for the first time.

29 Jun 2018 1:39 PM

Creating infrastructure will need a whopping USD 4.5 trillion investments over the next decade and the cost of the money will be a challenge, interim finance minister Piyush Goyal said on Monday.

Capital cost for USD 4.5 tn infra investment a challenge, says Goyal

The minister, however, said finding the required finance will not be a "deterrence" for the country.

25 Jun 2018 11:15 AM

Interim Finance Minister Piyush Goyal said on Tuesday the Indian government was open to discussing a Reserve Bank of India demand for greater powers to regulate state banks, though he did not believe this was needed.

Govt open to consider RBI demand for more powers, says Piyush Goyal

While the RBI regulates all banks in India, 21 state-run banks are also regulated by the government, which owns majority-stakes in them.

20 Jun 2018 11:22 AM

Closer to first anniversary of GST, the government on Monday said the new indirect tax regime has added more jobs in formal sector and widened taxpayer base.

Govt appeals honesty in tax payment ahead of GST anniversary

The new indirect tax regime has added more jobs in formal sector and widened taxpayer base.

19 Jun 2018 11:44 AM

The government is committed to meet the fiscal deficit target of 3.3 per cent for the current fiscal, interim Finance Minister Piyush Goyal said.

Govt committed to meet fiscal deficit target this year, says Goyal

The government will maintain stability in the economy and meet all economic parameters.

18 Jun 2018 12:24 PM

Former Finance Minister P. Chidambaram claimed that the lack of clarity in the policy objective indicates that the government is "confused" regarding what to do with Air India.

Centre confused about Air India, claims Chidambaram

The senior Congress Party leader also lashed out at the Bharatiya Janata Party-led Centre over rising inflation prices.

12 Jun 2018 12:46 PM

Former finance minister P Chidambaram on Monday blamed the wrong policies of the NDA government for the current bad state of economy in the country. (Photo: PTI)

Widespread anger about artificially fixed fuel prices, says Chidambaram

He blamed the wrong policies of the NDA government for the current bad state of economy in the country.

11 Jun 2018 1:04 PM

Kerala will cut taxes on gasoline and gasoil to reduce retail fuel prices by 1 rupee per litre from June 1, Finance Minister Thomas Issac told television channel CNBC 18.

Kerala govt to cut taxes on petrol and diesel to reduce prices

Kerala’s move could put pressure on other states, mostly ruled by Narendra Modi’s Bharatiya Janata Party, to reduce taxes.

30 May 2018 5:00 PM

German luxury car maker Audi on Monday said it is offering a limited period customer benefit scheme.

Audi offers discounts of up to Rs 10 lakh on select models

Company said discounts will range from Rs 2.7 lakh to Rs 10 lakh on its popular models A3, A4 and A6 sedans along with SUV Q3 till June.

28 May 2018 2:10 PM

Finance Minister Piyush Goyal on Thursday vowed to quickly put on track the banking sector, which has been marred by scandals and bad debts.

Piyush Goyal vows to clean up banking sector

Goyal was earlier this week given temporary charge of the finance ministry until Arun Jaitley recovers.

17 May 2018 2:03 PM

GSTN to rope in private entities for tax payer profiling

GST Network has invited bids from private entities for "360-degree" profiling of taxpayers for early detection of fraud.

07 May 2018 6:54 PM

The 27th meeting of the GST Council on Friday will among other things consider introduction of simplified tax return. (Photo: PTI)

GST Council meet on Friday, simplification of return form on agenda

The meeting comes at a time when Goods and Services Tax (GST) collections achieved its record high.

03 May 2018 6:48 PM

GST Council meet on May 4, simplifying returns on agenda

Arun Jaitley-chaired GST Council will meet on May 4 to discuss a simpler return form and the amendments required.

25 Apr 2018 3:21 PM

Common man perturbed as cash crunch continues

The nation is witnessing a currency shortage for the second day in a row.

18 Apr 2018 1:52 PM

Finance Minister Arun Jaitley on Tuesday said there is "more than adequate" currency in circulation and the temporary shortage in certain states is being "tackled quickly".

Adequate currency in circulation, says Arun Jaitley

Temporary shortage in certain states is being tackled quickly, says Jaitley.

17 Apr 2018 12:58 PM

Equity mutual funds witnessed a net inflow of Rs 6,657 crore in March.

Equity MF inflow down 59 pc to Rs 6,657 crore in Mar on LTCG

Overall, mutual fund schemes saw a net inflow of Rs 2.72 lakh crore in 2017-18.

12 Apr 2018 7:35 PM

Sources said doctors from AIIMS are attending to Jaitley at his residence now. (Photo: File)

Arun Jaitley suffering from kidney ailment, may undergo surgery: PTI sources

Jaitley, 65, is undergoing diagnostic tests and doctors have so far indicated that it was a kidney-related ailment.

05 Apr 2018 2:08 PM

Finance minister promises to enact seventh pay commission

The finance minister also said that state government would have to spend Rs 21,530 crore on 7th pay commission as per primary estimation.

07 Mar 2018 7:26 AM

The Armani uniform, to be launched in April, is recommended but not compulsory. (Photo: AP)

Japan public grade school under fire over Armani uniform

School uniforms tend to be expensive because they come with special school emblems, buttons and other designs.

13 Feb 2018 7:02 PM

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Shobhaa De