March 26, 2022 6:53 am
No tax hikes; bet on multiplier effect with capex push: Finance Minister
March 25, 2022 9:53 pm
Observing that the Modi government believes in lowering taxes, Sitharaman said the reduction in corporate tax has “helped the economy, government and companies, and we are seeing the progress”.
April 21, 2021 5:11 am
The amendments were essential to clarify and rationalise the proposals further and address stakeholders’ concerns arising out of the proposals enumerated in the Finance Bill, the government said in a statement.
March 26, 2021 4:36 pm
The new amendment brings no change for the private sector employees as their tax-exemption on interest income will remain capped on EPF contributions of up to Rs 2.5 lakh in a year.
January 07, 2021 11:55 pm
The new levy came into effect from April 1. E-commerce operators are obligated to pay the tax at the end of each quarter.
July 24, 2019 1:10 am
With the Rajya Sabha returning both Bills, the Narendra Modi government’s first Budget in its second term was passed by Parliament.
July 19, 2019 1:27 am
The BJP, on the other hand, argued that anti-corruption measures remained on paper till Prime Minister Narendra Modi started taking initiatives on them.
February 12, 2019 9:46 pm
Replying to the debate on the Finance Bill in Lok Sabha, the Minister said he did not propose any change in the tax rate but only provided few rebates which will boost spending and help the economy.
March 15, 2018 7:50 am
Finance Minister Arun Jaitley moved 21 amendments to the Finance Bill, which contains taxation proposals for 2018-19. The Appropriation Bill details plans on how government ministries and departments would spend their money this fiscal.
March 15, 2018 5:58 am
The Congress called the passage of the Finance Bill as a “black day for democracy”. “The government passed the most important Bill by throttling democracy amid chaos, without any discussion, or debate or exchange of ideas,” said Jyotiraditya Scindia.