The minister also exempted components from taxes to encourage domestic manufacturing of these devices.
A K Bhattacharya lists three reasons why Finance Minister Arun Jaitley will most likely present a full Budget on February 1, 2019.
Union Finance Minister Arun Jaitley on Friday assured Chief Minister-designate N Chandrababu Naidu that all commitments made to residual Andhra Pradesh will be fulfilled.
'On the tax front, most of the Budget proposals are sensible'.
This law will further promote inclusive economic growth targeting a larger population and enabling deeper insurance penetration.
'Amit Shah and Modi have a disciple and guru relationship. But Modi and Jaitley's relationship was based on friendship. That's the difference.'
In a veiled attack on Leader of Opposition in the Rajya Sabha Arun Jaitley, Bharatiya Janata Party Member of Parliament Maneka Gandhi on Tuesday asked the party why it was shying away from demanding the resignations of Union ministers Sharad Pawar and Praful Patel, for their alleged involvement in the IPL scam. Maneka said Patel and his daughter had flouted so many rules, but still the party had not demanded the minister's resignation.
Smokers and tobacco consumers will have to shell out more for their indulgence as Finance Minister Arun Jaitley continued with the crackdown on cigarettes and tobacco products by increasing taxes in the Budget for 2017-18.
'Jaitley was one of the earliest politicians to sense the changing political scenario in Delhi. He had closely watched the rise of the BJP and declining fortunes of the Congress party during the L K Advani era. But it was between 2009 and 2014 as the Leader of the Opposition that he began to read the tea leaves. 'And thus it was that he introduced Modi-Amit Shah duo to Lutyens Delhi,' says senior journalist R Rajagopalan who had known Jaitley since 1975.
A large number of political leaders, diplomats and other bigwigs attended the wedding reception hosted by Lok Sabha MP Shashi Tharoor and his new wife Sunanda Pushkar in New Delhi.
The economists who signed the letter included Jean Drze , Abhijit Banerjee, Ajit Ranade, Jayati Ghosh, Kirit Parikh, Mihir Shah, Rohini Pande, and Vijay Joshi
Jaitley said the geographical expansion of the BJP in Kerala, after Karnataka and Andhra Pradesh in the South, and the 11 per cent vote share in West Bengal were 'important milestones'.
In order to implement big ticket ideas which are likely to come via the Budget of 2015, Modi needs better political talent around him, says Sheela Bhatt/Rediff.com.
Condemning the incidents of intolerance, Union Finance Minister Arun Jaitley said that it is against the traditions of our culture. He said publicising the acts of vandalism is also a matter of great concern.
Prime Minister Narendra Modi, BJP national president Amit Shah, chief ministers of all BJP-ruled states and those governed by National Democratic Alliance allies are expected at the ceremony, to be held at an open ground near the state secretariat, Gujarat BJP president Jitu Vaghani said.
"To begin with, people could face some difficulties because any changeover has its own problems. But it will settle down and the country will benefit from the new indirect tax regime," Jaitley said at an event organised by ABP News.
In a major embarrassment to the Congress-led United Democratic Frontn government in Kerala, state Finance Minister K M Mani was on Thursday booked by the vigilance and anti-corruption bureau in the bar bribe scam.
Former Jammu and Kashmir Chief Minister Farooq Abdullah was on Friday caught on camera talking on his mobile phone when the national anthem was being played.
Prime Minister Manmohan Singh should opt for an honourable exit by resigning from the top post -- in the wake of Congress Vice President Rahul Gandhi's outburst against the Union government's ordinance on convicted legislators -- believes Bharatiya Janata Party's senior leader Arun Jaitley.
He said the Congress party is capable of dragging the judges into an unsavoury controversy and make them controversial 'should their judicial opinion not appear favourable in the cases in which the party has an interest'.
A number of senior faces from the outgoing cabinet including Rajnath Singh, Nitin Gadkari, Nirmala Sitharaman, Ravi Shankar Prasad, Piyush Goyal, Narendra Singh Tomar and Prakash Javadekar are expected to figure in the new cabinet.
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Sebi keen to attract larger number of retail investors
Andhra Pradesh chief minister-designate N Chandrababu Naidu on Friday met Prime Minister Narendra Modi and demanded special category status for the residual state.
Priority right now, the defence minister said, is to restore normalcy.
Poonam held Arun Jaitley responsible for her quitting the BJP.
Exports dipped for the 14th month in a row.
Raising strong objections to the "highly improper" procedure adopted by the Union government in making key appointments to the posts of Lokpal, Bharatiya Janata Party leader Arun Jaitley has charged the department of personnel with diluting the role of the Selection and Search Committees.
'I think investors see a lot of positives happening in India now.'
The EPFO has about 3.7 crore (37 million) members.
The Rafale fighter jet will take part in the rehearsals on Thursday for the five-day 12th edition of Asia's premier air show beginning on February 20
The federation is now busy sending letters to the prime minister.
It appears the row over the article penned by senior Bharatiya Janata Party leader Yashwant Sinha refuses to die down.
The move is a continuance of the government steps to clamp down on black money.
'Who would want to be the man nominally in charge of driving the economy when your boss orders you to swerve it into a ditch of unknown depth?'
'Demonetisation demonstrates that this government is simply too amateurish in terms of economic policy-making to properly address India's deep, deep problems,' argues Mihir S Sharma.
The unions also suggested banks can extend special and exclusive loans to the airline to pay the salary dues or some subsistence payments to them against proper collateral.
Trade unions reiterate the call for countrywide general strike on September 2 against the "anti-worker and anti-people policies" of the government.
The government's decision to buy 36 Rafale fighter jets from French company Dassault has become a controversial political issue, with the main opposition party Congress levelling allegations of corruption and impropriety, and the ruling dispensation defending the move.
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The government on Tuesday announced a host of measures to tame inflation, which had soared to a five-month high of 6.01 per cent in May.
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