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Sunday, October 17, 2021

Finance Bill

FINANCE BILL NEWS

Finance Bill, 2021: Cabinet gives ex-post facto nod to amendments

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.

PF contribution cap for tax-free income doubled

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.

Govt: Equalisation levy not discriminatory, will take appropriate action

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.

Rajya Sabha returns Finance Bill amid Opposition boycott, Budget passed

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.

Opposition targets govt: No roadmap for $5 trillion goal

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.

People with income up to Rs 9.5 L can escape tax liability: FM Piyush Goyal

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.

Three weeks left but Finance Bill passed without discussion

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.

Finance Bill passed without discussion, Congress calls it a 'black day for democracy'

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.

Is Finance Bill 2017 the Narendra Modi government's alarming power grab?

March 29, 2017 4:13 pm

Finance Bill: Why is the government getting away with this headlong expansion of its power?

Fin Bill: Govt under attack for clubbing non-money aspects

May 08, 2015 2:42 am

Finance minister Arun Jaitley countered Opposition and said even the I-T Act, which has provisions for criminal prosecution, is a Money Bill.