Uttarakhand ministers scuffle over demand of voice vote on Finance Bill
A scuffle broke out between Uttarakhand ministers Harak Singh Rawat and Mantri Prasad Nethani inside the state Assembly here on Friday over the demand for voice vote on the Finance Bill.
Mar 18, 2016, 20:54 PM IST
LPG subsidy not to be taxed: Finance Ministry
Finance Ministry on Tuesday clarified that LPG subsidy received by individuals in their bank accounts will continue to be exempt from income tax.
May 05, 2015, 20:58 PM IST
Taxability of LPG subsidy unclear; experts seek clarification
Taxability of LPG subsidy and other direct benefits paid directly into bank accounts of beneficiaries is unclear with tax experts divided on the issue and want an explicit clarification from the government.
May 04, 2015, 15:25 PM IST
Govt to soon come out with simplified ITR form: Arun Jaitley
Responding to the Finance Bill debate in Parliament, Jaitley said that the ITR form will be overhauled and the new form will be finalised soon.
Apr 30, 2015, 17:13 PM IST
LS passes demand for grants; to take up Finance Bill Thursday
The Lok Sabha Wednesday voted demands for grants of various ministries to the tune of over Rs 60 lakh crore without any discussion after applying guillotine on the debate.
Apr 29, 2015, 22:12 PM IST
RBI staff concerned over Budget proposals in Finance Bill
Fearing curtailment of RBI's authority, a group of its officers and employees have written to MPs and chief ministers of various states regarding Budget proposals in the Finance Bill.
Apr 22, 2015, 13:44 PM IST
Don't pay higher service tax of 14% as Finance Bill not yet passed
The Finance Ministry on Saturday asked people not to pay higher service tax of 14 percent, proposed in the Budget, as the Finance Bill has not yet been passed by Parliament.
Apr 18, 2015, 21:43 PM IST
Confusion on RBI Act changes to be cleared in House: FM Jaitley
Jaitley did not elaborate on this and also parried questions on tax issues related to foreign portfolio investors (FPIs).
Mar 07, 2015, 20:29 PM IST
Govt to take final view on GAAR shortly: Jaitley
Government will shortly take a call on the controversial tax proposal, General Anti-Avoidance Agreement, which was deferred till April 2015 by the UPA regime, Finance Ministry Arun Jaitley on Friday said.
Jul 25, 2014, 18:55 PM IST
Marginal relief to MFs; new tax rate effective from Jul 10
In a small relief to the mutual fund industry, Finance Minister Arun Jaitley on Friday announced that the increased tax rate of 20 percent on debt MFs will not apply on units sold between April 1 and July 10.
Jul 25, 2014, 17:34 PM IST
India's budget passed by Lok Sabha
The Lok Sabha Friday passed the Finance Bill, 2014 by a voice vote. The bill, which is primarily the legislative proposals of the national budget for this fiscal, notably on taxes, will now go to the Rajya Sabha for approval.
Jul 25, 2014, 16:30 PM IST
India exempts debt mutual funds from new tax for a short period
He also increased the long-term capital gains tax rate on debt-linked mutual funds to 20 percent from 10 percent.
Jul 25, 2014, 15:29 PM IST
Jaitley announces some concessions, tax on MF from July 10
The Lok Sabha later passed the Finance Bill, 2014 completing the budgetary exercise in the Lower House.
Jul 25, 2014, 15:13 PM IST
India's Finance Bill passed by Lok Sabha
The bill was passed after Finance Minister Arun Jaitley gave his reply to the debate on the budget.
Jul 25, 2014, 13:48 PM IST
No retro tax on debt Mutual Fund: Arun Jaitley
Jaitley said that higher tax on debt mutual funds will apply prospectively from July 10.
Jul 25, 2014, 12:56 PM IST
Government to not retrospectively tax debt fund investors
The government will not retrospectively tax debt fund investors, as per Zee news sources.
Jul 24, 2014, 16:16 PM IST
Finance Bill expected to be passed by parliament on July 28
The Finance bill, whose passage signals the end of the budgetary exercise, is coming up for discussion in the Lok Sabha on July 24 and 25, Minister of State for Parliamentary Affairs Prakash Javadekar told reporters.
Jul 21, 2014, 20:27 PM IST
