FM must battle Tax Terrorism

(Updates with commerce minister comment in ninth paragraph. For more stories on India's budget: INEL ) July 11 (Bloomberg) -- Prime Minister Narendra Modi's two- month-old government faces pressure to boost revenue to pay for food and fuel ...

Many experts and analysts have commented on the unusually long Budget speech that Finance Minister Arun Jaitley delivered last Thursday. To be precise, the total number of words used by Jaitley in his speech for Budget 2014-15 is 16,473. This is ...

It is important for the finance minister not to impose on his tax collection team a revenue target that is unrealistic. Finance Minister Arun Jaitley may or may not like it, but his first Budget, to be presented for 2014-15 next month, will inevitably be compared with what his predecessor, Palaniappan Chidambaram, did in his interim Budget for the current fiscal year. The key numbers in Mr Jaitley’s Budget will be looked at closely to assess the extent of revisions they represent over ...

Rupee forwards traded offshore rose for a third day on optimism Indian Finance Minister Arun Jaitley will unveil steps to boost the economy in today's budget. Growth may quicken to as much as 5.9 percent in the year to March 2015 from 4.7 percent ...

India will ask Swiss authorities to provide details on bank accounts held by its citizens, Finance Minister Arun Jaitley said as he attempts to recover billions of dollars stashed overseas to avoid taxes. Switzerland is preparing a list of ...

Switzerland said it has no list of suspected Indian tax evaders and doesn't plan to prepare one, after India's Finance Minister Arun Jaitley said hed ask the European nation for details on bank accounts held by Indians. The e-mailed comments from ...

The Economic Survey 2013-14, tabled in the Parliament by India's Finance Minister Arun Jaitley, underscored the need to move towards a low and stable inflation regime through fiscal consolidation and establishing a monetary policy framework. The ...

Jaitley makes a waft of announcements related to the financial sector: - One KYC across financial markets. - ADR norms to be revamped - To deepen currency derivatives by withdrawing restrictions - A monetary policy framework to be announced in ...

July 10 (Bloomberg) -- Most Indian stocks declined ahead of the Prime Minister Narendra Modi's first federal budget. Oil & Natural Gas Corp., the nation's largest explorer, fell for a third day this week. Tractor producer Mahindra & Mahindra Ltd.