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Finance Bill to be taken for consideration and passing in Lok Sabha in Parliament today

The Finance Bill for the financial year 2024-2025 which was moved by Union Finance Minister Nirmala…

ANI   


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Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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Govt. offers relief on long-term capital gains for real estate, allows investors to choose between old and new LTCG regime

Indexation allowed investors to factor in the impact of inflation on their investment over the year…

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Government lists 6 new bills for Parliament's Monsoon Session, including one to amend disaster management law

Six new bills, including the one to amend the disaster management law, will be presented during the…

PTI   


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Finance ministry clarifies on hike in STT on options trading

The Finance Ministry on Friday evening clarified that the securities transaction tax (STT) on optio…

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No draft of Digital India Bill published for public feedback or comments

No draft of the Digital India Bill has been published for public feedback or comments and no notice…

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Finance Bill passed in Lok Sabha amid opposition protest

The Lok Sabha on Friday passed the Finance Bill 2023 without any discussion through voice vote, ami…

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4 mins read

Tax hit on debt funds is just the latest punch to reeling mutual fund companies

The latest hurdle that shook the mutual fund companies was an amendment in the Finance Bill that pr…

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Proposal for crypto tax policy will be up for discussion in Indian parliament today

The finance minister of India, Nirmala Sitharaman, will introduce the Finance Bill of 2022 in the L…

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Amazon, Flipkart, Microsoft to pay 2% extra tax now

The Confederation of All India Traders (CAIT) has welcomed the Budget proposal to impose 2 per cent…

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Lok Sabha passes Finance Bill without discussion

The Union government said it was an "extraordinarysituation", a reference to the coronavirus pandem…

PTI   


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Finance Bill's new tax collection norms may make exports expensive, says an expert

The Finance Bill 2020 proposes a new tax subsection (1H), under 206 C requires TCS at the rate o…

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3 mins read

Govt gets nod to raise excise duty on petro, diesel by Rs 8 in future; Parl approves Finance Bill

The government had on March 14 raised excise duty on petrol and diesel by Rs 3 per litre each to r…

PTI   


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Demonetisation, GST to widen tax base, make cash dealing difficult: FM Arun Jaitley

The minister said the country had reconciled to a Indian normal -- a very large number of t…

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Now correct your names on Aadhar Cards and PAN Cards online

Alongside the facility to link biometric identifier Aadhaar with PAN, the department has also …

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Daily cash transactions limit not for withdrawals from banks and post offices

Limit on daily cash transactions not applicable on withdrawals from banks and post offices, says CB…

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Keep your Aadhaar number ready while filing income tax return

Jaitley said making Aadhaar number mandatory will curb tax evasion and frauds. "Aadhaar has biometr…

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Modi now wants to limit cash transactions at Rs 2 lakh

Jaitley, while defending the move to make amendments, invoked first Lok Sabha Speaker G V Mavalanka…

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File your income tax return on time or pay Rs 10,000

There were two levels of penalties that were specified in this case: "A fee of five thousand rupees…

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3 mins read

GST will get full support from Congress only after their 3 key recommendations are accepted

The former minister asked the government to come out with "credible" GDP figures and suggesed s…