Shri Arun Jaitley Assumes Charge as Minister of Finance
Shri Arun Jaitley Assumes Charge as Minister of Finance
Source: PIB News
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Press Information Bureau
Government of India
Ministry of Finance
27-May-2014 16:32 IST
Shri Arun Jaitley Assumes Charge as Minister of Finance
The newly appointed Union Minister of Finance, Shri Arun Jaitely assumed charge of his office here today.
After assuming the charge, the Finance Minister was briefed on the key initiatives and policy issues by the Secretaries of the different departments of the Ministry of Finance.
The Finance Minister also held a meeting with the senior officials of the Ministry to have a first hand information regarding the ongoing issues and the forthcoming challenges facing the Indian economy among others.
Later during his brief media interaction, the Finance Minister Shri Jaitely said that his priorities would be to tackle inflation, boost economic growth and follow the path of fiscal consolidation among others.
Source: PIB News
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Income Tax exemption limit should be raised to Rs 5 Lakh: Arun Jaitley
Arun Jaitley, one of BJP’s prominent leaders says that raising income tax slab to Rs 5 lakh will benefit more than thirty million people in the country. He also added that direct tax should be reduced, If the Income Tax limit is raised from Rs. 2 lakh to Rs. 5 lakh, 3 crore people will save Rs. 24 crore which will lead to a small impact of 1 to 1.5 per cent of the National Tax Fund.
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