Tuesday , March 28 2017

Tag Archives: Arun Jaitley

Currency Circulation drops to Rs 11.73 lakh cr, after Demonetisation

combo-currency

Demonetisation after effects, led Currency Circulation drop to Rs 11.73 lakh cr.  Gradually, Demonetisation is showing its’ side effects. The aggregate of currency notes in circulation has decreased to a quarter to Rs 11.73 lakh crore, which is informed to the Parliament today. The value was observed to be progressively ...

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Banks to Benefit Incentives for Encouraging Digital Modes of Payment

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Indian Banks to get incentive of Rs 10 for each transaction. This is for their encouraging Digital Push efforts for accomplishing the objective of less-cash economy. Government of India has made a proposal in which the Banks will be getting incentives of up to Rs 10 for each transaction. This ...

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Income Tax Slabs: Here Are New Tax Rates Applicable From April 2017

income tax

Bringing some happiness to the individual tax payers, Finance Minister Arun Jaitley reduced the income tax rate to 5 percent for individuals having taxable income between Rs 2.5-Rs 5 lakh compared to 10 percent earlier. In the meantime, Mr Arun Jaitley increased the tax burden of people having taxable income ...

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Center Walk The Extra Mile To Develop AP:Arun Jaitley

Arun Jaitley, Andhra Pradesh

Andhra Pradesh Chief Minister N Chandrababu Naidu spoke to Finance Minister Arun Jaitley due to  the state targeting 15% of the state’s GDP growth next year. Arun Jaitley given assured on Friday in Andhra Pradesh that the Center will make an extra effort to provide financial support to the state ...

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Arun Jaitley begins Budget process with halwa

Arun Jaitley

Finance minister Arun Jaitley kicked off the process of printing of budget on Thursday with the traditional halwa ceremony at the North Block New Delhi: Even as the EC is yet to give a decision whether Union budget could be presented on February 1, Finance minister Arun Jaitley kicked off ...

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CBDT extends deadline for tax settlement scheme till Jan 31

cbdt

The scheme provides for waiving interest and penalties if the principal amount involved in retrospective tax cases is paid. New Delhi: Providing the companies like Vodafone and Cairn Energy one more month to accept its offer to pay retro tax disputes, the government has prolonged till January 31 its one-time ...

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Finance Minister stated no questioning on deposits at one go, but some banks prefer to do so

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NEW DELHI: Finance Minister Arun Jaitley stated on December 19 no queries would be asked if any amount of demonetized currency is deposited at one go but repetitive deposits might raise queries. Yet, depositors are being subjected to a genuine inquisition at some banks. Everyone who wants to deposit more ...

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