Last Updated: Thursday, May 7, 2015, 19:16
The objection was made as soon as the House decided to take up the Appropriation Bill 2015 and the Finance Bill 2015 for discussion in the Upper House.
Last Updated: Tuesday, May 5, 2015, 20:58
Finance Ministry on Tuesday clarified that LPG subsidy received by individuals in their bank accounts will continue to be exempt from income tax.
Last Updated: Monday, May 4, 2015, 15:25
Taxability of LPG subsidy and other direct benefits paid directly into bank accounts of beneficiaries is unclear with tax experts divided on the issue and want an explicit clarification from the government.
Last Updated: Thursday, April 30, 2015, 18:47
The Lok Sabha on Thursday passed Finance Bill, 2015, by a voice vote. The Bill contains the government’s tax proposals for the fiscal FY16.
Last Updated: Thursday, April 30, 2015, 17:13
Responding to the Finance Bill debate in Parliament, Jaitley said that the ITR form will be overhauled and the new form will be finalised soon.
Last Updated: Wednesday, April 29, 2015, 22:12
The Lok Sabha Wednesday voted demands for grants of various ministries to the tune of over Rs 60 lakh crore without any discussion after applying guillotine on the debate.
Last Updated: Wednesday, April 22, 2015, 13:44
Fearing curtailment of RBI's authority, a group of its officers and employees have written to MPs and chief ministers of various states regarding Budget proposals in the Finance Bill.
Last Updated: Saturday, April 18, 2015, 21:43
The Finance Ministry on Saturday asked people not to pay higher service tax of 14 percent, proposed in the Budget, as the Finance Bill has not yet been passed by Parliament.
Last Updated: Saturday, March 7, 2015, 20:29
Jaitley did not elaborate on this and also parried questions on tax issues related to foreign portfolio investors (FPIs).
Last Updated: Sunday, May 19, 2013, 15:13
Service tax evaders beware! Failing to deposit this tax may attract arrest and imprisonment up to seven years.
Last Updated: Tuesday, April 30, 2013, 22:20
Welcoming the passage of Finance Bill 2013-14, India Inc on Tuesday hoped that the government would find consensus on other important issues as well.
Last Updated: Tuesday, April 30, 2013, 14:31
The passage of the General and Railway budgets was rushed through as the guillotine had to applied to meet the constitutional requirements.
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