Income Tax Amendment
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N Sitharaman To Push 53 Amendments To Finance Bill: How It Will Impact You
Finance Bill amendments come ahead of April 1 when the country would switch to a new income tax regime structure.
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19 Bills, Including New Income Tax Act, Passed Without Protesting Opposition
Nineteen bills - including two critical proposals, one to overhaul the Income Tax Act of 1961 and another to amend the Constitution to sack ministers facing criminal charges - were passed sans discussion or debate with the opposition.
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Parliament Monsoon Session Day 16 Highlights: Proceedings Of Lok Sabha Adjourned, Rajya Sabha Resumes
The proceedings of Lok Sabha has been adjourned till 4:00 pm. Meanwhile, the proceedings of Rajya Sabha has resumed.
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"Normal Parliamentary Procedure": Kiren Rijiju On New Income Tax Bill
Amid criticism of the new Income Tax Bill's withdrawal from the Lok Sabha, Union Minister Kiren Rijiju said that introducing a Bill in Parliament after necessary amendments is a normal procedure.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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Taiwan Proposes Bigger Tax Breaks for Chipmakers' Research, Development to Retain Competitive Edge
Taiwan's government has proposed larger tax breaks for chipmakers' research and development into semiconductor technology, as the island nation looks to retain its competitive edge. Governments around the world have been touting incentives to bring chip production onshore, in the wake of a global chip shortage.
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IT Department Notifies TDS Disclosure Requirements for Crypto, Virtual Digital Assets
The income tax department has announcement TDS disclosure requirements for cryptocurrency, virtual digital assets. From July 1, 1 percent TDS will be charged on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year.
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Centre Should Desist From Amending NRI Status: Pinarayi Vijayan
Kerala Chief Minister Pinarayi Vijayan on Sunday criticised the Centre to amend the section 6 of the Income Tax Act, 1961, which stipulates conditions for determining the residential status for tax purposes in India.
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Parliament Live Updates: Calling Pragya Thakur Terrorist Worse Than Mahatma Gandhi's Murder, Says BJP
The winter session of parliament will today consider some bills for discussion and passing. They include Taxation Laws (Amendment) Bill, 2019. Finance Minister Nirmala Sitharaman is scheduled to move that the bill further to amend the Income Tax Act, 1961, and to amend the Finance Act, 2019, be taken into consideration.
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UP To Amend Law That Exempted Ministers From Paying Their Income Tax
The Uttar Pradesh cabinet on Tuesday decided to amend the law that exempted the state's chief minister and ministers from paying their own income tax, burdening the exchequer for the last 40 years.
-
N Sitharaman To Push 53 Amendments To Finance Bill: How It Will Impact You
Finance Bill amendments come ahead of April 1 when the country would switch to a new income tax regime structure.
-
19 Bills, Including New Income Tax Act, Passed Without Protesting Opposition
Nineteen bills - including two critical proposals, one to overhaul the Income Tax Act of 1961 and another to amend the Constitution to sack ministers facing criminal charges - were passed sans discussion or debate with the opposition.
-
Parliament Monsoon Session Day 16 Highlights: Proceedings Of Lok Sabha Adjourned, Rajya Sabha Resumes
The proceedings of Lok Sabha has been adjourned till 4:00 pm. Meanwhile, the proceedings of Rajya Sabha has resumed.
-
"Normal Parliamentary Procedure": Kiren Rijiju On New Income Tax Bill
Amid criticism of the new Income Tax Bill's withdrawal from the Lok Sabha, Union Minister Kiren Rijiju said that introducing a Bill in Parliament after necessary amendments is a normal procedure.
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
Taiwan Proposes Bigger Tax Breaks for Chipmakers' Research, Development to Retain Competitive Edge
Taiwan's government has proposed larger tax breaks for chipmakers' research and development into semiconductor technology, as the island nation looks to retain its competitive edge. Governments around the world have been touting incentives to bring chip production onshore, in the wake of a global chip shortage.
-
IT Department Notifies TDS Disclosure Requirements for Crypto, Virtual Digital Assets
The income tax department has announcement TDS disclosure requirements for cryptocurrency, virtual digital assets. From July 1, 1 percent TDS will be charged on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year.
-
Centre Should Desist From Amending NRI Status: Pinarayi Vijayan
Kerala Chief Minister Pinarayi Vijayan on Sunday criticised the Centre to amend the section 6 of the Income Tax Act, 1961, which stipulates conditions for determining the residential status for tax purposes in India.
-
Parliament Live Updates: Calling Pragya Thakur Terrorist Worse Than Mahatma Gandhi's Murder, Says BJP
The winter session of parliament will today consider some bills for discussion and passing. They include Taxation Laws (Amendment) Bill, 2019. Finance Minister Nirmala Sitharaman is scheduled to move that the bill further to amend the Income Tax Act, 1961, and to amend the Finance Act, 2019, be taken into consideration.
-
UP To Amend Law That Exempted Ministers From Paying Their Income Tax
The Uttar Pradesh cabinet on Tuesday decided to amend the law that exempted the state's chief minister and ministers from paying their own income tax, burdening the exchequer for the last 40 years.
