CBI registers fresh case against Reliance Communications, Anil AmbaniThe CBI has registered a fresh case against Anil Ambani and Reliance Communications for allegedly causing a loss of ₹3,750 crore to Life In...
02 Apr, 2026, 11.13 AM IST
Lok Sabha passes taxation amendment bill, scrapping of retro tax lawIn 2012 the Supreme Court ruled that such income is not taxable under the existing provisions of the income tax Act. Consequently, the Fina...
06 Aug, 2021, 04.24 PM IST
Lok Sabha passes tax amendment bill, will help settle disputes with Cairn, VodafoneScrapping of retro tax clause of Finance Act 2012 will now settle the long-drawn litigation with Vodafone Group and Cairn Energy omitting a...
06 Aug, 2021, 01.03 PM IST
Parliamentary panel rejects Micro Finance BillA Parliamentary panel today rejected the bill on micro finance institutions which sought to empower the Reserve Bank to regulate them and f...
11 Feb, 2014, 10.01 PM IST
Budget 2013: OPPI wants cut in customs duty for import of drugs, vaccinesOPPI has asked for a cut in the additional customs duty(ACD) to 2% from 6% on import of vaccines, specified medicaments and health suppleme...
01 Feb, 2013, 01.40 PM IST
FM hopeful of early passage of micro finance BillThe Micro Finance Institutions (Development and Regulation) Bill, 2012, is currently being scrutinised by a Parliamentary Standing Committe...
27 Nov, 2012, 11.57 AM IST
- Foreign industry bodies seek more clarity on Finance Bill 2012
Ten overseas associations, including USIBC and USCC, in a letter to Finance Minister Pranab Mukherjee have sought further confirmation that...
09 May, 2012, 11.04 PM IST
- Lok Sabha passes Finance Bill 2012-13
With this, the Lok Sabha has completed the three-stage budgetary process. The Finance Bill will go to Rajya Sabha which will return it for ...
08 May, 2012, 09.15 PM IST
Government rolls back 1% TDS on property salesIn the budget, FM had proposed to levy TDS on transfer of immovable property, in a bid to tighten screw on corruption and black money in th...
07 May, 2012, 11.15 PM IST
- Long-term capital gains tax on PE investment cut to 10 per cent
government cut the long-term capital gain tax from 20 per cent to 10 per cent on investments made by private equity funds into shares of un...
07 May, 2012, 07.27 PM IST
- Lok Sabha passes demands for grants to withdraw Rs 54 lakh crore for 2012-13
The Lok Sabha today passed a bill allowing the central government to withdraw Rs 54 lakh crore form the Consolidated Fund to meet its expen...
03 May, 2012, 07.16 PM IST
- Government may clarify stand on Vodafone issue in Parliament: Pranab Mukherjee
Pranab Mukherjee said government may clarify its stand on Vodafone tax controversy in Parliament at the time of discussion on Finance Bill,...
03 May, 2012, 05.47 PM IST
- Finance Bill 2012: New process of filing tax return to become more taxing
Though, the major changes in the tax return forms and filing process is a well-thought initiative, the same should not result in undue hard...
01 May, 2012, 10.24 AM IST
- GAAR adding anxiety to investors confidence: ICRA
GAAR issues and indirect transfer norms in the proposed Finance Bill 2012 has worried foreign investors.
26 Apr, 2012, 07.09 PM IST
Retrospective change in I-T Act may yield around Rs 40,000 croreRetrospective change in I-T Act to bring into tax net Vodafone-type deals is expected to yield exchequer Rs 35k to Rs 40k, govt said.
24 Apr, 2012, 04.21 PM IST
- Government tightens customs laws; makes offences cognizable
Govt to tighten the customs law by taking away powers to grant bail for offences punishable with imprisonment of 3 yrs or more from customs...
05 Apr, 2012, 07.38 PM IST
- Budget 2012: Change won't affect FDI from Mauritius
Foreign investors worried that the change in Budget is aimed at denying capital gains exemption to those investment routed through Mauritiu...
19 Mar, 2012, 03.58 AM IST