arun jaitley

Union Budget 2017: India on the path of remonetisation

Union Budget 2017: India on the path of remonetisation

February 3, 2017

After the Indian government has started wheeling the remonetisation mechanism enduringly, banks and ATMs are witnessing a flow of currency. However, the authorities are urge the citizens to go cashless and it was reflected on the budget this year, which was centralised at spendin...

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Union Budget 2017: Ends remain loose for the tourism sector

Union Budget 2017: Ends remain loose for the tourism sector

February 1, 2017

While India recuperates from the recent demonetisation drive, the most affected sector in the country - travel and tourism expected good tidings from the Union Budget.

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Election Commission advocates monetary reforms for political parties

Election Commission advocates monetary reforms for political parties

December 21, 2016

While a lot has gone on since discontinuing the high currency bills in India, the government is yet to take any measure on anonymous donations to political parties. Election Commission has now suggested a way forward by introducing cashless party funding.

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Demonetisation: Is the grass greener in MODIfied India?

Demonetisation: Is the grass greener in MODIfied India?

November 19, 2016

In a national telecast on November 8, Indian Prime Minister Narendra Modi announced demonetisation of INR 1,000 (USD 15) and INR 500 (USD 7.50) currency bills. Ever since, the nation is reeling under the inconvenience. The country, though, remains divided on such a radical move.

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India debates on abolition of old high currency notes

India debates on abolition of old high currency notes

November 10, 2016

The announcement of vacuum-cleaning 500 and 1000 Rupee bills by Indian Prime Minister Narendra Modi sent ripples across the country; the decision evidently aims to curb black money, corruption, peddling of fake currencies and the sovereignty of India coming under anti-nationalist...

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Four-tier Goods and Services Tax structure approved in India

Four-tier Goods and Services Tax structure approved in India

November 5, 2016

A four-tier Goods and Services Tax (GST) structure that was proposed by the GST council headed by the Indian Finance Minister, Arun Jaitley, in October this year, was passed on November 3

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Four-tier GST bill structure proposed in India

Four-tier GST bill structure proposed in India

October 19, 2016

The Goods and Services Tax (GST) Council headed by the Indian Finance Minister, Arun Jaitley, proposed a four-tier GST bill structure and rates on the first day of the GST meeting that is scheduled to run from October 18-20.

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Urjit Patel appointed India’s new Reserve Bank of India Governor

Urjit Patel appointed India’s new Reserve Bank of India Governor

August 22, 2016

The current #Deputy Governor of the #Reserve Bank of India (RBI), Urjit Patel, will become the 24th Governor of the Indian central bank on 4th September this year. He succeeds #Raghuram Rajan. His appointment will end two months’ speculation about Raghuram Rajan’s successor.

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A sharp increase in salaries for government staff and pensioners in India

A sharp increase in salaries for government staff and pensioners in India

June 30, 2016

The Union Cabinet in India accepted the Seventh Pay Commission’s recommendations to increase salaries and pensions for 4.7 million employees and 5.3 million pensioners in the country, which could boost the Indian economy. Demand for housing, automobiles and consumer durables is...

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Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?

Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?

June 27, 2016

After a series of tirades launched by Dr Subramanian Swamy, BJP Rajya Sabha (Upper House) member recently against him, Raghuram Rajan, the Governor of Reserve Bank of India decided not to seek a second term in office.

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India’s equalisation levy on Google and Facebook

India’s equalisation levy on Google and Facebook

June 1, 2016

Facebook, Google and other transitional online firms are now liable to pay an equalisation levy for all the digital services they provide in India. Will it solve the tax inconsistency related to the e-commerce or aggravate the complexity for mid-scale enterprises in India? Althou...

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Mix énergétique

Mix énergétique

March 3, 2016

Face à des besoins énergétiques en pleine croissance, le gouvernement indien étudie la construction de nouvelles centrales nucléaires, notamment dans le Bihar, l’Haryana et le Pendjab, pour tripler dans la prochaine décennie sa capacité de production d’énergie nuc...

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