You Searched For "finance act" and got 20 results
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1 min read
After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters
As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…
PTI
3 mins read
Bill to provide up to four nominees to a bank account introduced in Lok Sabha
Another proposed change relates to redefining 'substantial interest' for directorships, which could…
PTI
2 mins read
Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
5 mins read
Here's a final breakdown of how both presidential candidates might affect your finances
Business Insider's five-part series looked at how Harris and Trump's policies affect consumers, fro…
Dan DeFrancesco
2 mins read
Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
2 mins read
Disability affairs department receives hike of 0.02%, allocated Rs 1,225 crore in budget
The Department of Empowerment of Persons with Disabilities has been allocated a total of Rs 1,225.2…
PTI
1 min read
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
2 mins read
SBI aims to become first financial firm to cross milestone of Rs 1 lakh crore profit: Chairman
SBI recorded a standalone net profit of Rs 61,077 crore in FY24, registering a growth of 21.59%.
PTI
2 mins read
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
2 mins read
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
2 mins read
CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated
Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…
PTI
2 mins read
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
2 mins read
Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG
The Comptroller and Auditor General (CAG) has asked the Finance Ministry to identify high risk taxp…
PTI
4 mins read
Nirbhaya Fund to Disha Act: What changes has the Indian govt implemented in response to major rape cases in the past?
The Kolkata rape and murder case of a young doctor has sparked outrage, prompting calls for better …
2 mins read
Finance Minister Nirmala Sitharaman to table Economic Survey in Parliament today
Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2023-24 along with a stati…
ANI
5 mins read
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
4 mins read
Union Budget 2024-25 key highlights: Angel tax to be scraped
You can watch the presentation live on the official Youtube channels of the government. After her s…
2 mins read
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today
Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …
ANI
2 mins read
54th GST Council meeting to take place on September 9 in New Delhi
The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…
ANI
2 mins read
ITR Filing: Today is the last day to file your income tax returns, so file today to avoid penalties
You will have to pay a penalty of Rs. 1,000 if your total annual taxable income is below Rs 5,00,00…