The government last month introduced the GST Bill in Parliament.
Jaitley also dismissed criticism that lower taxes were aimed at helping corporates.
Angry members of the Congress and other opposition parties forced adjournments of the proceedings as they questioned the NOTA provision for these elections.
He was commenting on a reply given by Jaitley to a question in Rajya Sabha.
Anshuman Mishra, who has leveled certain allegations against Bharatiya Janata Party leaders after the party backed out of supporting him for Rajya Sabha seat from Jharkhand, on Monday retracted his comments and apologised to them.
The loans taken have come down and hence the net capital inflow has reduced.
There will be many steps which will be taken outside the budget.
A show cause notice has been issued to him asking him to explain his "anti-party conduct", the party said, adding that further action will depend on his reply.
"There will be some challenges" in the switchover to GST in the short term, Finance Minister Arun Jaitley has warned.
Officers from various departments including the finance ministry to be part of rehearsal event
Finance Minister Arun Jaitley on Tuesday assured Rajya Sabha that the Centre will fulfill all commitments made towards Andhra Pradesh in 'letter and spirit', following protests by some Congress members.
The Bharatiya Janata Party on Wednesday took its grievances against Prime Minister Manmohan Singh and Congress-led United Progressive Alliance to President Pranab Mukherjee, demanding his intervention on the coal allocation issue and attacks on a constitutional institution like the Comptroller and Auditor General.
Leader of Opposition in Rajya Sabha Arun Jaitley on Saturday aid that India cannot afford a non-politician as a prime minister and the world's largest democracy can't be run on the pattern of corporates.
Opposition on Thursday forced deferment of consideration of the contentious Mines and Minerals Bill in Rajya Sabha till on Friday.
The model is now being worked out between NITI Aayog and health ministry, he said, adding the date of implementation would be next financial year and some time in the course of the year it will be worked out.
However, BJP has not given any assurance of support and conveyed to the Finance Minister that the matter will be discussed within the party and take a call, sources said.
'On the tax front, most of the Budget proposals are sensible'.
After the government toed the UPA government's line in the Supreme Court, Finance Minister Arun Jaitley on Friday blamed the agreement entered into by the Congress government with Germany in 1995 as a constraining factor in disclosing details of black money stashed abroad.
Bharatiya Janata Party leader Arun Jaitley faces a tough electoral battle in his maiden bid to enter Lok Sabha from Amritsar but is unfazed by his "reluctant" heavyweight opponent Capt Amarinder Singh as he claims the groundswell against Congress "adds to my confidence".
Prime Minister Manmohan Singh's dinner on Thursday for the Bharatiya Janata Party top brass failed to break the impasse over the Foreign Direct Investment in retail issue with the opposition party insisting on a discussion in Parliament on it under provisions which entail voting.
"The Parliament session has a very heavy legislative agenda. We are reaching out to the various political parties to carry through these agenda in the four weeks that we have for the session," Finance Minister P Chidambaram said today at a press conference in New Delhi.
The prime minister was often seen vigorously thumping the desk, prompting his Cabinet colleagues and NDA MPs to follow suit.
The BJP on Sunday authorised its president J P Nadda and Union minister Rajnath Singh to hold consultations with different political parties, including those in the opposition, on the president's election, in what is being seen as an outreach by the ruling party to arrive at a consensus on the choice for the top constitutional post.
Home Minister Sushilkumar Shinde on Friday committed yet another gaffe when he named the victims of the Bhandara rape incident in Rajya Sabha which had to be expunged at the intervention of the Leader of the Opposition Arun Jaitley.
Arun Jaitley is on a 10-day trip to the US.
With the Lok Sabha speaker's all-party meeting failing to break the logjam on Foreign Direct Investment in retail issue, Prime Minister Manmohan Singh has invited the top brass of main Opposition Bharatiya Janata Party for a dinner on Thursday to ensure smooth functioning of Parliament in the winter session.
With the Cabinet clearing a bill to provide reservation in promotion to Scheduled Caste /Scheduled Tribes in government jobs, Bahujan Samaj Party supremo Mayawati on Tuesday met top Bharatiya Janata Party leaders to seek their support for its passage in the current session of Parliament.
These have to be passed in this session to meet the September 15 deadline for switching over to the new indirect tax regime, Jaitley said.
The United Progressive Alliance government and the Opposition seem to be heading for yet another showdown on the subject of key appointments -- this time over National Investigation Agency director S C Sinha being named as a member of the National Human Rights Commission
Insisting that Vijay Mallya was not given even "a rupee benefit" under the Modi government, Finance Minister Arun Jaitley on Thursday said that loans were reportedly given to the businessman during the previous United Progressive Alliance rule through intervention of the North Block, a reference to the finance ministry.
Arun Jaitley, leader of Opposition in Rajya Sabha, on Wednesday termed the statement of Prime Minister Manmohan Singh about Anna Hazare's detention "disappointing". The Bharatiya Janata Party leader said that the Opposition "rejects" the explanation given by Dr Singh on the events leading to the arrest of Hazare and his aides.
The Bharatiya Janata Party on Friday decided to oppose certain provisions in the Lokpal Bill introduced in the Lok Sabha and move for amendments in it.
P A Sangma, the Opposition candidate for the Presidential poll, on Thursday filed his nomination papers in the presence of leaders from the Bharatiya Janata Party, some National Democratic Alliance allies, Biju Janata Dal, All India Anna Dravida Munnetra Kazhagam, northeast states and tribal legislators in New Delhi.
Arun Jaitley and Janardan Dwivedi have rewritten the rules of politics in the Age of the Internet and its young and restless user base, reports Rediff.com's Sheela Bhatt.
Vice President M Hamid Ansari, Prime Minister Dr Manmohan Singh Lok Sabha Speaker Meira Kumar, Congress President Sonia Gandhi, Leader of Opposition in the Lok Sabha and Rajya Sabha, Sushma Swaraj and Arun Jaitley, Bharatiya Janata Party leader LK Advani and several other leaders offered floral tributes to the martyrs at a solemn ceremony on Tuesday morning
Bharatiya Janata Party president Nitin Gadkari, parliamentary party chief L K Advani and Leader of Opposition of both Houses of Parliament will finalise the strategy for Presidential and Vice Presidential elections and discuss the issue with the National Democratic Alliance partners.
FM said a Constitution Amendment Bill for introduction of GST will be passed soon.
Former Prime Minister Indira Gandhi was the first and only women till now to have presented the Union Budget.
Why is the Bharatiya Janata Party opposed to FDI in retail? A day after promising to scrap FDI in retail, the BJP set about fine-tuning its line to ensure it did not fall foul of the middle-class.
Senior party leader Arun Jaitley said the party may be 'little away from the magical figure' of 113 in the 224- member assembly.
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