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FINANCE BILL 2018
Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...- Raghav Chadha's exit: After Delhi, AAP stares at a big assembly test in Punjab, Goa and GujaratSeven MPs, including prominent figures, have quit the Aam Aadmi Party, significantly weakening its parliamentary presence and impacting ele...
- Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
- RBI to simplify onboarding process for MSMEs on TReDSThe Reserve Bank of India is proposing to remove due diligence requirements for MSMEs to join TReDS platforms. This move aims to simplify b...
- ED has attached proceeds of crime worth Rs 64,920 cr in bank fraud cases: FM Nirmala SitharamanIn the Lok Sabha, Nirmala Sitharaman said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from eva...
- Lok Sabha passes bill to ban unregulated deposit schemesThe Banning seeks to put in place a mechanism by which such depositors can be compensated.
- Budget 2018 has proposed to repeal the PPF Act. Should you be worried?As per the Finance Bill 2018, all small savings schemes including PPF will now be covered under the Government Savings Banks Act, 1873.
- Now, foreign poll funding won’t be scrutinisedBefore the change approved last week, foreign funds received by a political party before September 26, 2010, when the FCRA was enacted, wer...
- LS passes amendment against scrutiny of foreign poll fundsBefore the change approved last week, foreign funds received by a political party before September 26, 2010, when the FCRA was enacted, wer...
- LTCG tax: Unlisted companies' shares listed after January 31, 2018 to get indexation benefitThe 2018-19 Budget had after a gap of 14 years reintroduced 10 per cent tax on long-term capital gains(LTCG) exceeding Rs 1 lakh from sale ...
- Here are changes in the Finance Bill that will affect your money mattersHere are five important amendments and clarifications that can be pertinent for the common man.
- Lok Sabha passes budget without debate; both Houses adjourn amid dinThe opposition parties protested against the passage of the budget without debate, as the session is slated to continue till April 6.
- Inflation indexation likely for unlisted sharesThe indexation benefit would help increase acquisition cost of unlisted shares in line with inflation over the holding period for the purpo...
- Lok Sabha proceedings washed out for entire weekDisappointed over the Centre not granting the status, the TDP pulled out its two ministers -- Raju and Y S Chowdary -- from the central gov...
- Ballooning revenue deficit is far more worrisome than nominal slippage in fiscal deficitThe revenue deficit has been breached by a huge margin in the Budget. As against the target of 1.9% of GDP, RD for the current fiscal is es...
- CBEC to be renamed CBIC by AprilThe official said since the CBR Act provides for constitution of separate boards of revenue for direct taxes and excise and customs, the na...
- No short-term tax on GIFT derivatives for foreignersForeign portfolio investors were paying 30 per cent short-term capital gains on derivative trades at GIFT City’s IFSC platforms against zer...
- Budget 2018: Government to bring corporate frauds under PMLA ambitThe amendments proposed through Finance Bill 2018 seek to modify the definition of "proceeds of crime" to ensure that domestic properties c...
- Team-based income tax scrutiny, e-assessment of returns from FY'19The Finance Bill 2018 has proposed to come out with a new scheme for scrutiny assessment to improve effectiveness of tax administration.
- PAN mandatory for entities in transaction over Rs 2.5 lakhThe 10-digit Permanent Account Number (PAN) would be used as Unique Entity Number for non-individuals, said the memorandum to the Finance B...
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