The Budget has proposed increasing the income tax exemption limit to Rs 250,000 from Rs 200,000 and raised the ceiling on investment in saving instruments to Rs 150,000 from Rs 100,000 per annum.
Jaitley was replying to a debate in the Lok Sabha on Supplementary Demands for Grants for an additional expenditure of over Rs 12,500 crore (Rs 125 billion).
"The ministry of external affairs would convey the time of the meeting in due course. It could take place on November 8 as per the schedule of the visiting dignitary," party leader Mukhtar Abbas Naqvi said.
Pre-Budget Economic Survey tabled in Parliament.
The minister asked the state governments to assess the problem as action taken after price rise creates panic in the market.
Arun Jaitley, leader of Opposition in Rajya Sabha, has decided to quit his post as general secretary of the Bharatiya Janata Party.
Arun Jaitley, New Delhi's media's most favourite analyst on days of election results, was less effusive than usual on Monday.
He underwent a renal transplant on May 14 and on the same day, his ministerial charges were given to Piyush Goyal on an interim basis.
Himachal Pradesh Chief Minister Virbhadra Singh has unilaterally withdrawn the defamation case filed against Arun Jaitley, the Union finance minister.
There are high hopes that the Budget for 2014-15 to be presented in Parliament may actually not tinker with the threshold limit or the other tax slabs but could provide reliefs by incentivising savings.
Commerce Minister Arun Jaitley said on Thursday that the country is poised for a grey revolution or construction boom, fuelled by road development initiatives, which have generated huge employment opportunities in villages.
Quoting Modi's oft-repeated statement that participation of states was important for country's growth, the finance minister said the government will take states along and address their issues.
The test of Jaitley's undoubted intellectual brilliance will be how he builds consensus and crafts policies that survive over a period of time.
It was Bharatiya Janata Party's turn yet again to be hit by Wikileaks cables with a US diplomat reporting that its senior leader Arun Jaitley had remarked to him that Hindu nationalism is an "opportunistic issue" for his party.
'Well done, Mr Jaitley, now go and implement your schemes. No leakages, no lapses and no laziness.'
Suspended Bharatiya Janata Party MP Ram Jethmalani on Tuesday mounted a fresh attack on party President Nitin Gadkari, accusing him of dragging the party on a suicidal path and took potshots at Arun Jaitley and Sushma Swaraj over the appointment of new CBI Director.
Upendra Yadav's resolute 95 propelled Uttar Pradesh to 241 against Delhi, dominated by Virat Kohli's return to Ranji Trophy after 13 years.
Leader of Opposition in Rajya Sabha Arun Jaitley has said though the 'sense of the House' passed by Parliament on the three demands of Team Anna is not binding on the Standing Committee, it is unlikely to reject it.
Leader of Opposition in Rajya Sabha Arun Jaitley, who is seeking a third term to the Upper House, on Monday filed his nomination papers from Gujarat along with two other candidates of the Bharatiya Janata Party. Jaitley filed his nomination along with former Member of Legislative Assembly Mansukh Mandaviya and party functionary Shankar Vegad for the March 30 biennial elections.
Jaitley was speaking at a breakfast session.
The first T20 International between India and South in Delhi on Thursday is set to be a sell out with 94 percent tickets already sold at the 35,000 capacity Arun Jaitley stadium.
The Bharatiya Janata Party on Saturday sought "clarification" from Defence Minister A K Antony as to why the "Family" mentioned in middleman Guido Haschke's statement before an Italian court in the VVIP chopper deal case is being given "another meaning".
The minister said demonetisation has increased the tax return filings and also increased the revenue of the states and the Centre immensely.
Finance Minister Arun Jaitley said the government would take bold decisions and pursue path of fiscal prudence to revive economy.
This is the question that journalists, who arrived at the party headquarters in New Delhi following the development, sought answer to from BJP stalwarts.
The war of words between Finance Minister P Chidambaram and Arun Jaitley, leader of opposition in the Rajya Sabha, refuses to die.
The finance minister said while the 10 years of the United Progressive Alliance government were characterised by "policy paralysis", the Modi dispensation introduced structural reforms to make India a developed nation and give it a cleaner economy.
There are four public sector general insurance companies.
Heated exchanges were witnessed between Union Minister Arun Jaitley and senior advocate Ram Jethmalani in the Delhi high court on Wednesday during the former's cross-examination in a defamation case against Chief Minister Arvind Kejriwal.
His remark comes hours after the government disclosed before the Supreme Court eight more names, including that of Pradip Burman, one of Dabur India promoters, a bullion trader and a Goa miner against whom it has started prosecution for allegedly stashing black money in foreign banks.
Hundreds of Aam Aadmi Party supporters gathered outside senior Bharatiya Janata Party leader Arun Jaitley's residence in New Delhi accusing the opposition party of bribing its MLAs.
Suspended MLAs and party workers have also attended functions of the rival Congress party where they have urged people to vote for the Congress.
The government on Friday announced some concessions for mutual fund industry and income tax payers, while comitting to low tax regime to promote industrial activity to generate jobs and create more resources to undertake social welfare activities.
Jaitley told reporters that allegations by the top two officers of the country's premier investigation agency led to a 'bizarre and unfortunate' situation.
'Earlier, we used to talk about a deficit economy. There is a deficit in democracy' 'If you read superficially Gandhi and Ambedkar and Nehru, some misconceptions and misunderstanding come to mind, as if they were at loggerheads and they differed radically in their views' 'India is one nation. There is only one citizenship. No citizenship for South India and no citizenship for North India and another for the Northeast'
Arun Jaitley, former law minister and general secretary of the Bharatiya Janata Party, has rubbished the claims of Prime Minister Manmohan Singh that some leaders of the BJP had performed a havan wishing for his death on a certain date.
The 71-year-old leader from Madhya Pradesh has almost four decades of legislative experience.
Bharatiya Janata Party leader Arun Jaitley on Wednesday demanded the resignation of Prime Minister Manmohan Singh for 'failing to take action' against former telecom minister A Raja for over three years in connection with the spectrum scam. Speaking at the massive rally organised by the NDA, Jaitley ridiculed Dr Singh's offer to appear before the PAC. "The PAC has a limited role. It can only go into the statistics and report of the CAG," he said.
