Tags » Arun Jaitley

After 92 years, Rail Budget is history

The Cabinet on Wednesday approved the merger of the Railway and General Budgets from 2017-18, ending a 92-year-old colonial tradition.

It also cleared abolishing the classification of Plan and non-Plan expenditure in the Budget and agreed in-principle to advancing its presentation in Parliament from the last working day in February. 199 more words


GST: The Good and The Scary (II)

It took us 16 years to pass the GST bill in the Parliament. These years have seen a copious amount of political debate, numerous committee reports, backtracking, stalling and convincing. 1,132 more words


Functional autonomy of railways will not be affected: FM Arun Jaitley

The Union Cabinet on September 21 approved merger of the Rail Budget with the General Budget, thus putting to rest all speculation surrounding the fate of the 92-year old practice of presenting Rail Budget separately. 240 more words


Rents equal EMIs: How Arun Jaitley Can Partially Fulfil His New Pipe Dream

In yesterday’s column I had discussed how the finance minister Arun Jaitley’s idea of moving towards a scenario where home rentals will be close to home loan EMIs, is a pipe dream. 965 more words


Jaitley's New Real Estate Pipe Dream: Where Rents Equal EMIs

Nostalgia is a funny thing.  It makes you remember the good things you had and the good things you lost along the way (with due apologies to Bob Marley!). 1,222 more words


India not ready to privatise public sector banks: Arun Jaitley

India has not reached the point where it can consider selling majority stakes in the public sector banks that control seven tenths of assets in the financial system, … 88 more words


It's Time the Govt Treated Deposit Holders with Some Respect

Take a look at the following chart. It shows the various kinds of savings that made up for household financial savings in 2013-2014 (the latest data that is available on this front). 1,077 more words