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IMPOSITION OF TAX BILL
No windfall tax on oil & gas companies after new law kicks in: Hardeep PuriThe new oilfield development bill passed by the Lok Sabha will prevent the imposition of windfall tax on oil and gas producers, stated petr...- Lok Sabha passes Bill to give immediate effect to customs, excise duty proposals in BudgetWhile the changes in rates of income and corporate taxes, incorporated in the Budget announced on February 1, are effective from April 1 or...
- FM Sitharaman introduces bill to give immediate effect to customs, excise duty proposals in BudgetWhile the changes in rates of income and corporate taxes, incorporated in the Budget announced on February 1, are effective from April 1 or...
- Mutual fund industry seeks level playing field after tax impositionAssociation of Mutual Funds in India (AMFI) has already sent representations to the finance ministry and capital market regulator SEBI in t...
- What is Finance Bill?The proposals for levy of new taxes or modification of the existing tax structure are submitted to Parliament through this bill.
- HC disposes of pleas challenging entry tax on online ordersThe high court, however, allowed the petitioners to approach the relevant adjudicating authorities for raising procedural matters arising f...
- Black money: Government detects Rs 1,761.09 crore undisclosed income till June, says Jayant SinhaThe government has detected an undisclosed income of Rs 1,761.09 crore while it seized Rs 75.37 crore in a total of 41 searches till June t...
- Black money: Compliance window in the next 2-3 weeksGovt will notify compliance window in the next two-three weeks for those holding undeclared assets abroad to come clean by paying 30% tax.
- Budget sesion very productive, the best in the last 5 years: Venkaiah Naidu“The highest number of 24 bills were passed by both the Houses during the budget session, the best in the last five years" Venkaiah Naidu s...
- Passage of black money bill indicates our priority: PM Narendra ModiNarendra Modi tonight termed as a "historic milestone" the passage in Parliament of the black money bill that aims to squeeze illicit accou...
- Arun Jaitley clarifies Black Money Bill not to include illegal assets in IndiaThe Finance Minister clarified that the the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 did not provide for domest...
- Arun Jaitley moves blackmoney bill in Lok Sabha, seeks opposition supportPiloting the Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 for passage, Jaitley asked the opposition not to develop ...
- Loopholes in black money bill can lead to harassment: AssochamAssocham has said that loopholes in the proposed legislation need to be plugged in order to avoid "harassment" to those availing the compli...
- BJP leader Subramanian Swamy says black money bill would be ineffective"This bill is meant for when you bring the black money back, how it is to be treated from the tax angle."
- 'Compliance window on black money will be for a few months'In an interview with PTI, Revenue Secretary Shaktikanta Das said the duration of the window will be notified once the new law gets through.
- Companies roping in tax professionals to avoid black money trapThe law, expected to be taken up by Parliament in the current session, will also require businesses having subsidiaries or special purpose ...
- Commerce Ministry to move parliamentary panel on tax gains for SEZsThe finance ministry wants to plug revenue losses from tax sops given to SEZs, estimated at 1,75,487 crore in the 2004-05 to 2009-10 period.
- Union Budget 2011: Permitting FDI in Mutual Funds is a big ticket reform, says Dinesh Kanabar, Deputy CEO and Chairman Tax, KPMGProposal for Infrastructure Bonds of Rs 30,000 crores and the additional tax incentive to subscribers upto Rs 20,000 is a step in the right...
- CTT may reduce trading volumes on commexes: CIIA study conducted by industry body CII has revealed that the proposed Commodity Transaction Tax (CTT) could impact the volume of commodity ...
- Industry to protest advance power tariff collectionTrade and industry bodies said they would hold a protest in Ludhiana on December 31 against the Punjab government's decision to collect in ...
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