Wed, Aug 07, 2024
Finance Minister Nirmala Sitharaman introduced the Appropriation (No 2) Bill 2024 and Jammu and Kashmir Appropriation (No. 3) Bill 2024 in the Rajya Sabha. The bills, passed by the Lok Sabha last week, authorize spending from the Consolidated Fund of India for 2024-25. Key discussions included calls for reducing wealth disparity, lowering GST on health insurance, and addressing pension taxation.
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Tue, Jul 02, 2024
Police fired tear gas at protesters in Nairobi as many businesses remained closed for fear of looting. The main highway to Kenya's second largest city, Mombasa, was closed as protesters lit bonfires.
Mon, Mar 27, 2023
The central government has made changes in the taxation of debt mutual funds while passing the Finance Bill. As per the amendments made in Budget 2023, no benefit of indexation for the calculation of long term capital gains on debt mutual funds will be available for investments made on or after April 1, 2023. Along with this, the government has increased the Security Transaction Tax (STT) by 25% on sale of futures contracts. What is the motive of the government behind the changes made in the new finance bill? How the new tax regime will impact the common man? Watch this special report of Aapki Khabar Aapka Fayda.
Wed, Mar 22, 2017
Finance Minister Arun Jaitley while speaking in Lok Sabha on Wednesday said that the government is linking Aadhaar card of individuals while filing Income Tax Returns (ITRs) to stop tax evasion.
As the Finance Bill is classified as a Money Bill, it does not require bicameral approval and can be passed only by Lok Sabha, a media report said.
In yet another move to curb black money in India, the government on Tuesday proposed a fresh ceiling of Rs 2 lakh on cash transactions, which is lower than the Rs 3 lakh proposed in Budget 2017-18.
Wed, Mar 08, 2017
New rules on non-tax revenues, user charges, e-receipts portal have been added in addition to the manner in which autonomous bodies are run.
Wed, Feb 01, 2017
Here are 20 key Budget 2017 Glossary terms that you need to know before you watch FM Arun Jaitley's Union Budget speech on Wednesday.
Mon, Dec 19, 2016
Legislative amendment in this regard would be carried out through the Finance Bill, 2017, the CBDT added.
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