Finance Bill

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Finance Bill - Total results - 60
Finance Bill 2017 does nothing to make political funding transparent; here's how it can be done
Politics

Finance Bill 2017 does nothing to make political funding transparent; here's how it can be done

Beyond cosmetic changes, Modi-government has so far failed to make meaningful improvement in transparency when it comes to political funding.

Parliament approves Finance Bill 2017, rejects amendments passed by Upper House
India

Parliament approves Finance Bill 2017, rejects amendments passed by Upper House

Parliament on Friday approved the Finance Bill 2017 after the Lok Sabha rejected five amendments moved to it by the Upper House

Finance Minister admits that Aadhaar was a
News & Analysis

Finance Minister admits that Aadhaar was a "great initiative" from Congress-lead UPA government

Admitting that Aadhaar was a "great initiative" of the previous UPA government, Finance Minister Arun Jaitley today said it was being expanded by making it mandatory for direct benefit transfer of subsidy and checking of tax evasion.

Finance Minister Arun Jaitley says possibility of hacking is no reason to not use technology
News & Analysis

Finance Minister Arun Jaitley says possibility of hacking is no reason to not use technology

Former Finance Minister P. Chidambaram asked Arun Jaitley as to how the government plans to protect the income tax details of people.

Finance bill cleared in Lok Sabha: Key changes in income tax rates individuals need to look at from 1 Apr
Business

Finance bill cleared in Lok Sabha: Key changes in income tax rates individuals need to look at from 1 Apr

For employees where in the yearly income stands between Rs 2.5 and Rs 5 lakh, tax rate has been halved to 5 percent from the existing 10 percent, helping them save tax of up to Rs 12,500 a year

Finance Bill: Modi govt just made political funding more opaque; transparency remains a promise
Politics

Finance Bill: Modi govt just made political funding more opaque; transparency remains a promise

While the common man continues to be coerced to be transparent in all his dealings, politicians can continue with their overt corporate nexus. Isn't this a double standard?

Govt to soon introduce 5 bills for implementation of GST, says Arun Jaitley
Business

Govt to soon introduce 5 bills for implementation of GST, says Arun Jaitley

GST Council, the apex decision making body for GST, has representation from the central government as well as all the state governments.

Only Aadhaar may be required for identification in future, says Arun Jaitley
Business

Only Aadhaar may be required for identification in future, says Arun Jaitley

Explaining the rationale behind making Aadhaar mandatory for filing income tax returns, Jaitley said the move is aimed at curbing tax evasion.

From steps to curb tax evasion to sops for realty: Highlights of Finance Bill passed in LS
Business

From steps to curb tax evasion to sops for realty: Highlights of Finance Bill passed in LS

After scrapping high-value currency notes in November, Prime Minister Narendra Modi is pushing a raft of measures to boost cashless transactions and curb tax evasion

Government has proposed to reduce the cash transaction limit down to Rs 2 lakh from Rs 3 lakh
News & Analysis

Government has proposed to reduce the cash transaction limit down to Rs 2 lakh from Rs 3 lakh

The government today proposed to lower the cash transaction limit to Rs 2 lakh, from Rs 3 lakh announced in the Budget, as it introduced 40 amendments to the Finance Bill in an unprecedented move.

Rs 2 lakh cash transaction limit, Aadhaar must for I-T returns: 40 proposals to amend Finance Bill
Politics

Rs 2 lakh cash transaction limit, Aadhaar must for I-T returns: 40 proposals to amend Finance Bill

The amendments were all "incidental provisions" to the Finance Bill and relate to Budget announcements like combining some tribunals and creating uniform service conditions, said Finance Minister Arun Jaitley.

Cash transactions proposed to be capped at Rs 2 lakh
Business

Cash transactions proposed to be capped at Rs 2 lakh

Earlier, while presenting the Budget on February 1, Finance Minister Arun Jaitley had proposed the cap to be Rs 3 lakh with effect from April 1.

Finance Bill to be passed before 31 March says Arun Jaitley
Business

Finance Bill to be passed before 31 March says Arun Jaitley

Jaitley also released the revised General Financial Rules.

Union Budget 2017: How this year's budget differs from those in the past
Business

Union Budget 2017: How this year's budget differs from those in the past

Traditionally, the budget is presented at the end of February and passed by May. However, the date has been advanced for the Union Budget 2017 to ensure its passage before the beginning of the fiscal year in April.

Budget date was decided before announcement of Punjab polls, says Arun Jaitley
Business

Budget date was decided before announcement of Punjab polls, says Arun Jaitley

Refuting the Opposition's allegation, Jaitley said the date for presenting the budget was decided much earlier, before the announcement of Punjab polls and it would be wrong to say the date was fixed keeping Punjab elections in view.

Rajya Sabha passes GST amendment, but Congress gave no easy win to BJP
Business

Rajya Sabha passes GST amendment, but Congress gave no easy win to BJP

Jaitley also sought to address the concerns on the impact of state’s fiscal autonomy, saying the idea is to share power with the states not take away power.

AgustaWestland, Uttarakhand crisis find echo in Parliament's budget session
Politics

AgustaWestland, Uttarakhand crisis find echo in Parliament's budget session

The session of Rajya Sabha came to an end on Friday after passing 12 bills and wasting 19 hours due to disruptions over various issues like imposition of President's Rule in Uttarakhand and AgustaWestland helicopter deal controversy.

Cong disrupts House again, RS unable to discuss finance and appropriation bills
India

Cong disrupts House again, RS unable to discuss finance and appropriation bills

The Rajya Sabha on Tuesday once again witnessed chaos and could not take up the Finance and Appropriation bills for discussion as planned.

Uttarakhand: BJP slams Speaker Kunjwal, accuses him of acting as CM Harish Rawat's 'agent'
Politics

Uttarakhand: BJP slams Speaker Kunjwal, accuses him of acting as CM Harish Rawat's 'agent'

BJP in Uttarakhand said the Speaker should "rise above political considerations to discharge his Constitutional duties in a non-partisan manner."

Business class travel expensive from 1 April, museum, zoo visit get cheaper
Economy

Business class travel expensive from 1 April, museum, zoo visit get cheaper

Finance Minister Arun Jaitley had came out with a host of proposals last month to rationalise service tax, which is levied at an effective rate of 12.36 percent.