Latest News on Finance Act
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Finance Act - Total results - 9
Jul 15, 2019
US proposes barring big technology companies from offering digital currenciesThe proposal sends a strong message to large tech firms increasingly eyeing the financial services space.
Mar 29, 2019
Election Commission warning on electoral bonds: Opaqueness defeats idea of clean money in political fundingElectoral bonds scheme, which came into effect in January 2018, had clocked in over Rs 600 crore political funding by October 2018.
Jan 10, 2019
Finance Minister should consider liberalising Section 80C, and increase tax exemption limitSenior citizens have their own geriatric needs. Unfortunately, section 80C doesn’t cater to them.
May 17, 2018
RBI advances Monetary Policy Committee meeting by a day to 4 June, increases duration to 3 daysThe six-member MPC, headed by the RBI governor, sets the benchmark interest rate.
Jan 18, 2018
Budget 2018: From reduction in corporate tax to GST compliance, KPMG draws up its wishlistAbsence of a standard deduction puts the salaried taxpayers at a disadvantage particularly when the inflation is all pervasive in the economy
Oct 06, 2017
Supreme Court to hear pleas challenging Finance Act provisions on 23 NovemberThe Finance Act changed the search and selection and removal process of members and presiding officers of tribunals including the Central Administrative Tribunal (CAT).
Mar 28, 2017
Why the new income tax provisions kicking in from 1st April 2017 is a mixed bagIncome tax raids can be carried out on charitable and educational institutions come April 2017 if there is a suspicion of them being used for ulterior purposes including tax evasion and money laundering
Jan 27, 2017
Pharma has six pain points; Budget 2017 should address them to boost growthA few amendments announced by the Union Budget 2016 caused some concern for the pharma sector.
Jul 19, 2016
Black money worth around Rs 44,000 cr recovered in last two fiscal years, says govtSearches in 990 groups of assessees and surveys in 9,457 cases were conducted