FM Sitharaman To Move Finance Bill 2024 In Lok Sabha Today
The Lower House will also hold a general discussion on the Interim Union Budget for 2024-25, which was presented on February 1, the second day of the Budget Session.
Feb 06, 2024, 09:13 AM IST
Lok Sabha Passes Finance Bill 2023 With 64 Amendments; Marginal Relief Proposed Under New Tax Regime
Sitharaman also announced that a new committee will be set up under Finance Secretary to look into the National Pension System (NPS) for government employees. So far, Punjab, Rajasthan, Chhattisgarh, Himachal Pradesh, and Jharkhand went back to the Old Pension Scheme and quashed the new pension scheme.
Mar 25, 2023, 07:59 AM IST
LS Approves Setting Up Of GST Appellate Tribunal
After more than five years of implementation of the Goods and Services Tax (GST), the appellate tribunal has not been set up.
Mar 24, 2023, 17:18 PM IST
Lok Sabha Passes Finance Bill With 64 Official Amendments
Following amendments, 20 new sections have been added to the Bill.
Mar 24, 2023, 16:51 PM IST
Budget Session 2023: Voting on Finance Bill Underway in Lok Sabha
Heavy uproar was witnessed during Budget Session today. Lok Sabha's proceedings were adjourned at 12 noon after which the proceedings have once again resumed. Voting is being done on Finance Bill in Lok Sabha amidst huge uproar. Watch visuals.
Mar 24, 2023, 14:44 PM IST
Govt To Scrap Long-Term Tax Benefit For Debt Mutual Funds: Report
Finance ministry is likely to bring in amendments to the Finance Bill 2023, removing the long term capital gains tax (LTCG) benefits available to such specified MFs. Currently, such mutual fund schemes attract 20 per cent LTCG with indexation benefits.
Mar 24, 2023, 13:31 PM IST
Budget 2022- What are the expectations of startups from this budget ?
Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on February 1. Start-ups have urged govt to relax tax burden on the sector which is already grappling with the onslaught of the Covid-19 crisis.
Jan 27, 2022, 14:58 PM IST
Linked PAN card with Aadhaar? Here’s how you can avoid late fees charges
A new section in the Finance Bill mandates to link PAN with Aadhaar, failing which can incur a late fee up to Rs 1,000 which will be excluded from other penalties for holding an inoperative PAN Card. Also if someone fails to link both these documents, then one's PAN Card will become inoperative.
Mar 29, 2021, 09:58 AM IST
Waiting for deadline extension of PAN-Aadhaar link? Here’s how to avoid late fee
A new section has been inserted in the Finance Bill which mandates to link PAN with Aadhaar, failing which can incur a late fee up to Rs 1,000 which will be excluded from other penalties for holding an inoperative PAN Card. Also if someone fails to link both these documents, then one's PAN Card will become inoperative.
Mar 28, 2021, 16:16 PM IST
Good news for Sarkari babus! Here’s how new PF rules affect them
To put it simply, the interest on contribution to Provident Fund for up to Rs 5 lakh per annum will be tax-free. Earlier, the limit was Rs 2.5 lakh which was introduced in the Finance Bill proposal. However, finance minister Nirmala Sitharaman doubled the limit where there was no employer contribution.
Mar 27, 2021, 15:13 PM IST
Parliament passes Finance Bill 2021, FM Nirmala Sitharaman accuses UPA govt of mismanaging the economy
Finance Minister Nirmala Sitharaman, "Things were a mess and the economy was mismanaged under the tenure of UPA. As of now, Non-Performing Assets (NPAs) have declined to Rs 8.99 lakh crore as of March 2020."
Mar 24, 2021, 19:15 PM IST
BJP issues whip to Lok Sabha MPs for March 22 for 'very important legislative business'
A three-line whip issued by Chief Whip Rakesh Singh requested the support of the Member of Parliaments for the government's "very important legislative business". The legislative business will take place on Monday (March 22).
Mar 20, 2021, 06:40 AM IST
Parliament passes Finance Bill; Budgetary exercise for 2017-18 completed
Completing the budgetary exercise for 2017-18, Parliament on Thursday passesd the Finance Bill.
Mar 30, 2017, 14:48 PM IST
Cannot accept amendments to Finance Bill: Arun Jaitley
The government had moved as many as 40 amendments in the Finance Bill, that were added to the bill at the last moment.
Mar 30, 2017, 14:23 PM IST
Finance Bill 2017 passed in Lok Sabha: Key highlights you should know
The Lok Sabha on Wednesday approved a ban on cash transactions above Rs 200,000 (USD 3,055), enacting tax measures from last month annual budget aimed at boosting investment in the country.
Mar 22, 2017, 20:30 PM IST
Lok Sabha passes Finance Bill
The Lok Sabha on Wednesday passed the Finance Bill after various amendments presented by Union Finance Minister Arun Jaitley.
Mar 22, 2017, 18:44 PM IST
Finance Bill to be passed before March 31: Arun Jaitley
The Finance Bill will be passed by Parliament before March 31 to enable ministries to avail funds from April 1, Finance Minister Arun Jaitley said on Tuesday.
Mar 07, 2017, 13:18 PM IST
Government notifies roll back of import duties on mobile components
The Central Board of Excise and Customs (CBEC) has issued notifications partly rolling back import duties of 29.441 per cent imposed on key mobile phone components such as chargers and batteries.
May 10, 2016, 00:11 AM IST
FM rules out rollback of excise duty on jewellery
Finance Minister Arun Jaitley today rejected demands, including from ally Shiv Sena, for rollback of one per cent excise duty on non-silver jewellery and asserted that jewellers will have to pay taxes.
May 05, 2016, 15:13 PM IST
Lok Sabha approves Finance Bill 2016
The Lok Sabha on Thursday passed the Finance Bill, 2016 by a voice vote.
May 05, 2016, 13:30 PM IST
