Experts, however, said that it is a very nominal benefit to the salaried class.
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.
Finance Minister Arun Jaitley on Friday said Switzerland has agreed to share information on Indians having illicit money in Swiss banks on independent evidence provided in each case to the Alpine nation.
The fresh suit was filed on Monday in the Delhi high court after Jethmalani accused Jaitley of being 'guilty of crimes and crookery'.
BCCI's president-in-exile Narayanswami Srinivasan is set to discuss his future course of action with Union finance minister Arun Jaitley.
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.
The Budget chose to stick to an ambitious disinvestment programme for 2016-17.
As citizens, here's an opportunity for you to tell Finance Minister Arun Jaitley the reforms you would like to see in various sectors, what needs to be rectified, what needs to be strengthened, what needs to be dumped. So take some time off write a postcard to the finance minister.
Will Jaitley be successful in achieving an economic turnaround?
The state of these public sector units is appalling and disinvestment or even closing some of them appears to be the only option to prevent exchequer from further bleeding.
Jaitley said the Budget proposals would boost the realty sector, which would help meet the housing needs of a vast section of the population.
Jaitley, the first Union minister to meet Jaya since her conviction, manages to secure the AIADMK's conditional support to the government's crucial legislations in the Rajya Sabha.
Many private economists consider the deficit target optimistic, citing weak tax receipts in a sluggish economy and high federal expenditure commitments.
Firing a fresh salvo at his former client, the senior counsel alleged that the Delhi chief minister had instructed him to use derogatory words against Jaitley.
The AAP alleged that Arun Jaitley, as president of the DDCA in 2011, had "pressurised" the then police commissioner to "close" an investigation involving a cricket club of a private bank.
The government on Monday categorically ruled out resignation of Finance Minister Arun Jaitley over allegations of corruption in Delhi cricket body DDCA which he headed till 2013, as Congress member disrupted proceedings of Rajya Sabha.
Ex-servicemen seeking changes in government's OROP scheme on Monday shifted their protest back to Jantar Mantar in New Delhi from outside Finance Minister Arun Jaitley.
Jaitley said the resort was not an area where the Karnataka minister can get 'immunity from the law'.
The GST bill is stuck in the Rajya Sabha where the ruling NDA govt does not have a majority as well as stiff opposition by the Congress
About 15 per cent of the country's total GDP comes from agriculture.
Assessment of the 427 account holders associated with HSBC list will be completed by March 21, 2015.
Pakistan leadership, he said, is 'riding a tiger on this issue and tiger never spares its own rider'.
Madhu Bhargava watched the Budget presentation from the visitors' gallery.
Finance Minister Arun Jaitley was on Friday at the centre of a row over his "small rape incident" remark with attack being mounted on him from various quarters even as he said he had not referred to any particular case and that he had no intention of trivialising any crime.
The Delhi high court on Wednesday sought Delhi Chief Minister Arvind Kejriwal's response on a plea seeking action against him for allegedly filing a false affidavit that he had not instructed his counsel to use derogatory words against Union minister Arun Jaitley.
Top India players, including Virender Sehwag and Gautam Gambhir, on Sunday, came out strongly in support of Finance Minister and former DDCA President Arun Jaitley, who has been accused of turning a blind eye to financial irregularities during his tenure by AAP.
The government's subsidy bill towards oil, fertilisers runs into lakhs of crores of rupees.
The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.
The United Progressive Alliance government in 2011 introduced a Constitution Amendment Bill in the Lok Sabha to pave the way for the GST regime which aims at subsuming most of the indirect taxes at the central as well as the state levels.
Vadodara District Collector Vinod Rao told PTI that he received a letter in this regard from Jaitley on Wednesday.
Due to the high risk of contracting infection, Jaitley would be kept in a controlled environment with barely any visitor being allowed to see him.
'How long can you lead a life like this?'
Once the impact of all policy changes made by the new Indian government and investments in key areas is felt, the country will see significant growth.
Digital India and Make in India (initiatives) are designed to give special boost to manufacturing and India has huge potential in these areas.
Demonetisation will help in transfer of resources from tax evaders to government, he said.
Finance Minister Arun Jaitley on Monday turned 63 and was greeted on his birthday by Prime Minister Narendra Modi and many other leaders.
The debate on the Rafale jet fighter deal saw a head-on collision between the government and the Congress in Lok Sabha on Wednesday.
Totackle the serious challenges faced by the banking sector, the government will bring in more professional management and boards in the banks.
Parrikar submitted his resignation after BJP staked claim to form an alliance government in Goa.
Jaitley said growing at 8-10 per cent for a significant number of years will help India find an answer to poverty.
