After the Insolvency and Bankruptcy Code came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up, said Jaitley.
Maintaining that India wants good relations with Pakistan, Union Home Minister Rajnath Singh said resumption of stalled talks with Islamabad was possible if there was an improvement in the situation.
'The core sectors have not done very well in the past one year.'
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
He said while the previous UPA government hid the bad loans, his government has properly recognised them and brought tough laws to deal with defaults and recovery money.
Controversial remarks from Minister of State in Prime Minister Narendra Modi's office about a debate on the relevance of Article 370 that gives a special status to Jammu and Kashmir has evoked sharp reactions from state Chief Minister Omar Abdullah and main opposition Peoples Democratic Party.
Finance ministry considers tax sops, regulation of hospitals to make health care affordable.
The Indian Navy is set to open the doors soon for increased role of women on its rolls but has made it clear that there will be no combat positions yet.
Gove, who had surprised political circles with his decision to stand for the Conservative party leadership instead of backing fellow Brexit champion Boris Johnson, laid out his case to be premier despite not being glamorous enough.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
Prosecutors unveiled charges against Valvani alleging he fraudulently made $25 million by getting advance information about US Food and Drug Administration approvals of generic drug applications
Here are our top 10 moments from this year's Oscars.
Fiscal situation better but spending cuts likely in FY16 too.
Of the 27 named, at least four are workers and functionaries of right-wing organisations, including the Bajrang Dal, officials said.
Word from the BJP is that following the controversy over his comments on Article 370, Jitendra Singh has been asked to desist from talking about his favourite topics and focus instead on the business of governance and the sizeable portfolios that he has been entrusted with, writes Archis Mohan.
'I am here to point out what is wrong. I bring it to the public's attention. The law has to give justice. I cannot do that.' 'We are activists and used to attacks. The more pressure we are up against, the more active we become. That is part of our life.'
The roots of the cancellation of 2G telecom spectrum licences and coal blocks lie in two non-profit organisations - Common Cause and CPIL.
Trade union leaders claimed that the strike would be even bigger than the one last year as the number of striking workers is expected to swell to 18 crore
Among the greatest mistakes women make in their career is losing track of their career goals, not taking additional responsibilities and learning new skills and technology.
Activists burnt the US flag and logos of Union Carbide and Dow Chemicals - as they have done nothing to end the sufferings of the victims for the last 32 years.
To attract capital into infrastructure projects, the ratings system needs a fresh look.
He also emphasised on the need for saving water and planting trees to preserve the environment.
How could India@75 improve law and order, courts, social, physical and soft infrastructure, efficient cities, e-governance, ease of doing business and other essential state functions by 2022, asks Shailesh Pathak.
60-year-old Yadav was the leader of Azad Bharat Vidhik Vaicharik Kranti Satyagrahi, an outfit claiming to owe allegiance to Netaji Subhash Chandra Bose whose members had encroached on Jawahar Bagh area for two years and clashed with police on Thursday when they tried to evict them.
'Well done, Mr Jaitley, now go and implement your schemes. No leakages, no lapses and no laziness.'
Meanwhile, key BJP ally skips event to mark first year of Yogi govt.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
Indian tax laws offer start-ups ways to save taxes.
'The Indian economy has been subsidised by the poor.'
'Stand-alone' trip to North American nation and a strong track record in Gujarat open doors to business.
A way out of the economic slump is to revisit the template of 15 years ago and follow its constituents, recommends Ajay Shah.
After snapping his political alliance with the ruling National Democratic Alliance at the Centre, N Chandrababu Naidu, chief minister of Andhra Pradesh, speaks to B Dasarath Reddy on what he now has in mind.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
Congress leader Sachin Pilot, who was recently appointed the Rajasthan Pradesh Congress Committee chief, says people are disenchanted with the Vasundhara Raje government.
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
There will be a review of employee compensation arrangement in the light of the new rules.
In an online chat with readers on July 8, Anil Rego answered their tax queries. Here's the chat transcript in case you missed the chat
While diligent paperwork helps claim tax benefits, with employers under pressure from the government, any lapse in documentation by an employee will lead to sharp cuts in salary.
In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
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