Finance Bill 2017
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"Money Laundering": Congress Takes On BJP After Reports On Electoral Bonds
The Congress has posed a series of questions for the Narendra Modi government after news reports that claimed the Centre had disregarded a warning from the Reserve Bank about electoral bonds. Legalisation of electoral bonds, for which the RBI Act had to be amended, was part of the Finance Bill 2017, which has come under the scanner of the Supreme C...
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All You Need To Know About Goods And Services Tax
The Goods and Services Tax or GST which was implemented in July 2017 subsumed all the central excise duties and local levies.
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"Deeply Grateful": Jairam Ramesh On Supreme Court Order On Finance Bill
The Supreme Court's order on the validity of the Finance Act 2017 will have "far-reaching consequences" on any attempts to abuse the Money Bill route, said Congress leader Jairam Ramesh, the petitioner in the case.
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Your 10-Point Guide To New Bank Bill And Its Bail-In Provision
A proposed law which the government claims will help contain the impact of a failing bank is also designed to protect the rights of depositors, Finance Minister Arun Jaitley has said to allay worries that a "bail-in" provision allows depositors' money to be used by weak institutions to pay out of a total collapse. The Financial Resolution and Depos...
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Arun Jaitley Introduces Bill To Replace Banking Regulation Ordinance
A bill to authorise the Reserve Bank of India to direct banking companies to resolve the problem of stressed assets was introduced in the Lok Sabha today by Finance Minister Arun Jaitley.
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Finance Minister Arun Jaitley Introduces Bill To Replace Banking Regulation Ordinance
The Banking Regulation (Amendment) Bill, 2017, seeks to amend the Banking Regulation Act, 1949 and replace the Banking Regulation (Amendment) Ordinance, 2017.
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Credit Card Bill Payment Exempt From Cash Dealing Limit
The Finance Act 2017 banned cash transaction of Rs 2 lakh or above with effect April 1, 2017. However, some exceptions were made.
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Lok Sabha Passes Bill To Make Excise, Customs Acts Compliant With GST
The Lok Sabha on Thursday passed a bill that will ensure continuance of levy of excise on petroleum products and abolition of cess on some other items following GST rollout from July 1. The Taxation Laws (Amendment) Bill, 2017 seeks to amend the Customs Act, 1962, the Customs Tariff Act, 1975, the Central Excise Act, 1944, the Finance Act, 2001 and...
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Gujarat Assembly Passes Bill To Regulate Fees In Private Schools
'The Gujarat Self Financed Schools (Regulation of Fees) Bill, 2017' was passed in the absence of opposition members from Congress who were earlier suspended by the Speaker Ramanlal Vora for creating a ruckus.
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Rajya Sabha Objects, Lok Sabha Rejects. Finance Bill Passed In Parliament
The Finance Bill 2017 has been approved by parliament, with the Lok Sabha on Thursday rejecting five amendments that were proposed by opposition parties and adopted on Wednesday by the Rajya Sabha, where the government is in a minority.
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Parliament Approves Finance Bill 2017
Defending the budget proposal, Jaitley said it is not possible for the Government to accept the amendment as it would limit the number of donors to political parties.
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10 Income Tax Rules That Will Change From April, See Details Here
Finance Minister Arun Jaitley had announced a number of income tax changes in Budget 2017. In addition, some amendments were also introduced in the Finance Bill that was passed by the Lok Sabha.
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Centre To Scrap Seven Appellate Tribunals
The dissolution of tribunals are part of the 40 amendments to different Acts which were moved along with the Finance Bill, 2017, which was approved by the Lok Sabha.
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Parliament Budget Session Day 8 Highlights: Next Year Will Be A Year Of Change, Says Arun Jaitley
The eighth day of the month-long second leg of the budget session of parliament is expected to be a busy one. The Bill scheduled to be considered and passed in the Lok Sabha is The Finance Bill, 2017 and The Constitution (Scheduled Castes) Orders (Amendment) Bill, 2017. In the Rajya Sabha, the bill for consideration and passing is the Employee's...
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Aadhaar To Be Mandatory For Filing Income Tax Return, PAN Application
Besides being necessary for filing an income tax return, any application for an income tax PAN will also have to state the applicant's Aadhaar or 12-digit unique ID which is backed by biometrics like finger prints and iris scans.
-
"Money Laundering": Congress Takes On BJP After Reports On Electoral Bonds
The Congress has posed a series of questions for the Narendra Modi government after news reports that claimed the Centre had disregarded a warning from the Reserve Bank about electoral bonds. Legalisation of electoral bonds, for which the RBI Act had to be amended, was part of the Finance Bill 2017, which has come under the scanner of the Supreme C...
-
All You Need To Know About Goods And Services Tax
The Goods and Services Tax or GST which was implemented in July 2017 subsumed all the central excise duties and local levies.
-
"Deeply Grateful": Jairam Ramesh On Supreme Court Order On Finance Bill
The Supreme Court's order on the validity of the Finance Act 2017 will have "far-reaching consequences" on any attempts to abuse the Money Bill route, said Congress leader Jairam Ramesh, the petitioner in the case.
-
Your 10-Point Guide To New Bank Bill And Its Bail-In Provision
A proposed law which the government claims will help contain the impact of a failing bank is also designed to protect the rights of depositors, Finance Minister Arun Jaitley has said to allay worries that a "bail-in" provision allows depositors' money to be used by weak institutions to pay out of a total collapse. The Financial Resolution and Depos...
-
Arun Jaitley Introduces Bill To Replace Banking Regulation Ordinance
A bill to authorise the Reserve Bank of India to direct banking companies to resolve the problem of stressed assets was introduced in the Lok Sabha today by Finance Minister Arun Jaitley.
-
Finance Minister Arun Jaitley Introduces Bill To Replace Banking Regulation Ordinance
The Banking Regulation (Amendment) Bill, 2017, seeks to amend the Banking Regulation Act, 1949 and replace the Banking Regulation (Amendment) Ordinance, 2017.
-
Credit Card Bill Payment Exempt From Cash Dealing Limit
The Finance Act 2017 banned cash transaction of Rs 2 lakh or above with effect April 1, 2017. However, some exceptions were made.
-
Lok Sabha Passes Bill To Make Excise, Customs Acts Compliant With GST
The Lok Sabha on Thursday passed a bill that will ensure continuance of levy of excise on petroleum products and abolition of cess on some other items following GST rollout from July 1. The Taxation Laws (Amendment) Bill, 2017 seeks to amend the Customs Act, 1962, the Customs Tariff Act, 1975, the Central Excise Act, 1944, the Finance Act, 2001 and...
-
Gujarat Assembly Passes Bill To Regulate Fees In Private Schools
'The Gujarat Self Financed Schools (Regulation of Fees) Bill, 2017' was passed in the absence of opposition members from Congress who were earlier suspended by the Speaker Ramanlal Vora for creating a ruckus.
-
Rajya Sabha Objects, Lok Sabha Rejects. Finance Bill Passed In Parliament
The Finance Bill 2017 has been approved by parliament, with the Lok Sabha on Thursday rejecting five amendments that were proposed by opposition parties and adopted on Wednesday by the Rajya Sabha, where the government is in a minority.
-
Parliament Approves Finance Bill 2017
Defending the budget proposal, Jaitley said it is not possible for the Government to accept the amendment as it would limit the number of donors to political parties.
-
10 Income Tax Rules That Will Change From April, See Details Here
Finance Minister Arun Jaitley had announced a number of income tax changes in Budget 2017. In addition, some amendments were also introduced in the Finance Bill that was passed by the Lok Sabha.
-
Centre To Scrap Seven Appellate Tribunals
The dissolution of tribunals are part of the 40 amendments to different Acts which were moved along with the Finance Bill, 2017, which was approved by the Lok Sabha.
-
Parliament Budget Session Day 8 Highlights: Next Year Will Be A Year Of Change, Says Arun Jaitley
The eighth day of the month-long second leg of the budget session of parliament is expected to be a busy one. The Bill scheduled to be considered and passed in the Lok Sabha is The Finance Bill, 2017 and The Constitution (Scheduled Castes) Orders (Amendment) Bill, 2017. In the Rajya Sabha, the bill for consideration and passing is the Employee's...
-
Aadhaar To Be Mandatory For Filing Income Tax Return, PAN Application
Besides being necessary for filing an income tax return, any application for an income tax PAN will also have to state the applicant's Aadhaar or 12-digit unique ID which is backed by biometrics like finger prints and iris scans.
