Finance Bill

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Finance Bill - Total results - 60
Union Budget 2015: Jaitley just unleashed a war on black money like never before
Economy

Union Budget 2015: Jaitley just unleashed a war on black money like never before

Guilty could face rigorous imprisonment for 10 years while penalty will be 300 percent of the tax evaded

No retro tax on debt schemes: MFs say relief only partial, will not help industry
Economy

No retro tax on debt schemes: MFs say relief only partial, will not help industry

MFs feared the budget proposal will hurt them as majority of assets under management comes under the debt category

 Govt warns of tough action against service tax evaders
Economy

Govt warns of tough action against service tax evaders

An evasion of service tax of Rs 50 lakh and above has now been made a cognisable offence after the passage of current fiscal Finance Bill on 10 May.

Congress leaders discuss future of ongoing Budget session
Politics

Congress leaders discuss future of ongoing Budget session

With the BJP escalating confrontation, top Congress leadership on Tuesday deliberated upon the future of the ongoing Budget session amid speculation that it could be cut short.

Finance Bill: TRC sufficient proof of residency to claim tax benefits
Economy

Finance Bill: TRC sufficient proof of residency to claim tax benefits

The Finance Bill brought much-needed relief to Dalal Street and foreign investors after the finance minister P Chidambaram clarified that tax residency certificate (TRC) is enough proof for a foreign investor to claim tax benefits in India

Parl disruption is 'match-fixing' between BJP and Cong: CPI(M)
Politics

Parl disruption is 'match-fixing' between BJP and Cong: CPI(M)

CPI(M) on Tuesday described the disruption of Parliamentary proceedings as "match-fixing" between BJP and Congress and said the Opposition's demand for Prime Minister Manmohan Singh's resignation over the coal allocation issue was meaningless.

Assocham urges political parties to end Parliament deadlock
Business

Assocham urges political parties to end Parliament deadlock

The chamber appealed to political parties to sit together and agree at least on minimum economic agenda. The country is faced with a situation where even the Budget and the Finance Bill got passed without a debate in Parliament, it said.

Lok Sabha passes Finance Bill 2013-14
Politics

Lok Sabha passes Finance Bill 2013-14

The Lok Sabha passed the Finance Bill for the 2013-14 fiscal on Tuesday with minor amendments.

UPA-II govt most corrupt since independence, says Sushma Swaraj
Politics

UPA-II govt most corrupt since independence, says Sushma Swaraj

Opposition, including BJP, Left and other parties, on Tuesday walked out of Lok Sabha, charging the government with indulging in one scam after another and saying they would not be party to the passage of the Finance Bill and the Railway Budget.

Live: Finally, Finance Bill passed in Lok Sabha
Politics

Live: Finally, Finance Bill passed in Lok Sabha

Amidst the parliamentary deadlock for the sixth day running, the government and the Opposition reached an understanding on Monday to clear vital financial business on Tuesday. Tracking the latest developments.

No wealth tax on farm land, commodities tax to stay: FM
Economy

No wealth tax on farm land, commodities tax to stay: FM

There will be no wealth tax on farm land even in urban localities, says Finance Minister P Chidambaram.

Finance Bill to be passed today; more announcements unlikely
Politics

Finance Bill to be passed today; more announcements unlikely

The Parliament is likely to pass the Finance Bill for 2013-14 today with 12 amendments.

Sensex opens in green, HUL up 17% on high Q4 earnings
Investing

Sensex opens in green, HUL up 17% on high Q4 earnings

Sensex opened 19608.32, up 1. 15 percent, Nifty opened at 5959.65, up 0.94 percent.

Will allow Finance Bill to be passed in Parliament, says BJP
Politics

Will allow Finance Bill to be passed in Parliament, says BJP

The Bharatiya Janata Party on Monday said they will allow the Finance Bill 2013-14 to be passed in the Lok Sabha on Tuesday, as they did not want a "constitutional crisis" to arise.

Finance Bill 2013: Failure to pay excise, service tax may lead to arrest
Economy

Finance Bill 2013: Failure to pay excise, service tax may lead to arrest

Failure to pay excise duty and service tax could lead to arrest of defaulters, as per the provisions proposed in the Finance Bill 2013 introduced by Finance Minister P Chidambaram in the Lok Sabha.

FM seeks to ease foreign investor concerns with clarification on DTAA
Economy

FM seeks to ease foreign investor concerns with clarification on DTAA

Although the reassurances from the finance minister soothed some of the concerns, foreign investors called the poorly worded amendment damaging to India's appeal.

Government's 13k crore notice to Vodafone imminent
News & Analysis

Government's 13k crore notice to Vodafone imminent

With the Finance Minister, Pranab Mukherjee abandoning the idea of dropping the proposal that would amend ...

Govt may consider waiving penalty in Vodafone-like cases
Business

Govt may consider waiving penalty in Vodafone-like cases

Once the changes go through, Vodafone could be an immediate beneficiary as it won't have to pay about Rs 7,900 crore penalty.

Get ready for pricier diesel from next month
Economy

Get ready for pricier diesel from next month

Prices of subsidised fuels will go up after the Finance Bill is approved in May.

Budget 2012 a step back, will Voda challenge tax rule change?
Business

Budget 2012 a step back, will Voda challenge tax rule change?

India signaled it wants to levy a heavy retroactive tax on some international mergers. This retrospective amendment to tax Vodafone like cases only makes doing business in India harder and cumbersome.