Finance Bill gets presidential assent, takes effect from today
President Pranab Mukherjee has given his assent to the Finance Bill 2017 to give effect to provisions like bar on cash transactions above Rs 2 lakh and compulsory quoting of Aadhaar for filing tax returns.
Apr 01, 2017, 16:39 PM IST
Parliament passes Finance Bill; Budgetary exercise for 2017-18 completed
Completing the budgetary exercise for 2017-18, Parliament on Thursday passesd the Finance Bill.
Mar 30, 2017, 14:48 PM IST
Govt faces embarrassment in Rajya Sabha; 5 Opposition amendments to Finance Bill adopted
The government on Wednesday faced a major embarrassment in the Rajya Sabha as five amendments moved by the opposition to the Finance Bill 2017 were adopted before the House approved the measure.
Mar 29, 2017, 18:24 PM IST
Debate on Finance Bill in Rajya Sabha: FM Jaitley defends electoral bonds, says new donation norms will cleanse political funding
During the debate on Finance Bill in Rajya Sabha on Wednesday, Finance Minister Arun Jaitley said that the new bill will cleanse political funding in a scenario where donors are reluctant to reveal identity.
Mar 29, 2017, 16:57 PM IST
ITR form simplified further; e-filing to start from Apr 1
A crisp income tax form for salaried individuals will be introduced from April 1, doing away with some columns to simplify the filing of returns.
Mar 29, 2017, 16:37 PM IST
Aadhaar mandatory for filing ITR to avoid tax evasion: FM Jaitley
Making Aadhaar number mandatory for filing of Income Tax returns is necessary to curb tax evasion and frauds, the government said on Wednesday while rejecting the opposition demand for a relook at the move.
Mar 22, 2017, 20:54 PM IST
Finance Bill 2017 passed in Lok Sabha: Key highlights you should know
The Lok Sabha on Wednesday approved a ban on cash transactions above Rs 200,000 (USD 3,055), enacting tax measures from last month annual budget aimed at boosting investment in the country.
Mar 22, 2017, 20:30 PM IST
