Standing Committee On Finance

Bad loans issue: Heads of 11 PSBs to appear before parliamentary committee tomorrow

The rising number of bad loans and frauds has become a serious cause of concern.

DTC: I-T exemption limit should be raised to Rs 3 lakh, says panel

The report suggested that the wealth tax limit be pegged at Rs 5 crore, while the Securities Transaction Tax (STT) be abolished.

GST Bill may come up in winter session of Parliament

The Union minister said currently some sub-groups are looking into various recommendations by the Parliamentary Standing Committee.

Companies Bill, FCRA to be taken up in monsoon session

The list of important economic legislations, to be taken up in the monsoon session starting August 8, also include Banking Laws (Amendment) Bill.

Decision on tax code deferred, Parl panel to meet on 17 Feb

The committee, according to sources, wants the government to raise the income tax exemption limit to Rs 3 lakh in view of the near double-digit inflation which has eroded purchasing power of rupee.