Finance Bill 2016
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"Assam Citizens' List Will Drive Out Jinnahs," Claims BJP's Himanta Sarma
Amid widespread protests in Assam over the centre's decision to go forward with the Citizenship (Amendment) Bill 2016, the state finance minister and BJP's main strategist for Northeast, Himanta Biswa Sarma sparked off a controversy with his statement that if the bill is not brought in, at least 17 districts in Assam will go the 'Jinnah way'.
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GST Rate To Be Optimum, Working On Time-Bound Rollout: Arun Jaitley
As government looks to implement the Goods and Services Tax (GST) from April next year, Finance Minister Arun Jaitley on Thursday said the tax rate will be "optimum" even as there were indications that it may be higher than 18 per cent.
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Black Money Disclosures Made In Compliance Window To Be Kept Secret
Disclosures made in the 4-month compliance window beginning June 1 for domestic black money holders to come clean will be kept secret, according to an amendment to the Finance Bill 2016 approved by the Lok Sabha.
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Dividend Tax Only On Dividend Income Above Rs 10 Lakh
The new 10 per cent Dividend Tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
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Arun Jaitley Warns Of Action Against Tax Evasion
Finance Minister Arun Jaitley on Thursday warned of action against those passing off income from other sources as agriculture income but ruled out levying any tax on farm earnings.
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India Can Grow Faster If There Is Good Monsoon: Finance Minister Arun Jaitley
Already the fastest growing major economy in the world, India can grow at an even faster pace this year if predictions of good monsoon hold up, Finance Minister Arun Jaitley said today.
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India Can Grow Faster If There Is Good Monsoon: Arun Jaitley
Already the fastest growing major economy in the world, India can grow at an even faster pace this year if predictions of good monsoon hold up, Finance Minister Arun Jaitley said on Thursday.
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Financial Business Main Agenda In Parliament Next Week
The consideration and passing of the appropriation and finance bill in respect of the general budget for 2016-17 constitute the main agenda for the second week of the second budget session of parliament, an official statement said on Saturday.
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Rajya Sabha Amendments To Aadhaar Bill Had Lacunae: Arun Jaitley
Justifying Lok Sabha's rejecting the amendments made by the Upper house to the Aadhaar Bill, Finance Minister Arun Jaitley today said adoption of changes would have pushed the legislation, aimed at streamlining the payment of benefits, into realms of unconstitutionality.
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Arun Jaitley Expects Progress on GST Bill in April-May
Finance Minister Arun Jaitley said on Sunday that he expects lawmakers to make progress on a goods and services tax (GST) bill and a bankruptcy law in the second part of Parliament's Budget session that runs from April 25 to May 13.
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Fertiliser Subsidy Through Aadhaar Coming Soon: Economic Affairs Secretary
A day after the Lok Sabha approved a Bill to provide statutory backing to Aadhaar, the Finance Ministry on Saturday said the direct benefit transfer (DBT) for fertiliser subsidy will be rolled out soon.
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Your 10-Point Cheat Sheet On Aadhaar Bill Passed By Lok Sabha
The Lok Sabha has passed the Aadhaar Bill, 2016, which aims at empowering the government to ensure that its subsidies and services reach the right people and directly. Finance Minister Arun Jaitley said this takes the massive scheme beyond merely assigning a unique identity to residents.
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Opinion: Budget 2016 Positive for Financial Services Sector
The financial services industry has been the backbone of the Indian economy, says Jaiman Patel.
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'New Black Money Window not Total Amnesty Scheme'
The CBDT boss said the new scheme cannot be called a "total amnesty".
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We Will Reach Out To Congress Over Goods And Services Tax Bill: Arun Jaitley
Government will reach out to the Congress in the current session of Parliament to resolve the deadlock over the Goods and Services Tax (GST) Bill, Finance Minister Arun Jaitley said today.
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"Assam Citizens' List Will Drive Out Jinnahs," Claims BJP's Himanta Sarma
Amid widespread protests in Assam over the centre's decision to go forward with the Citizenship (Amendment) Bill 2016, the state finance minister and BJP's main strategist for Northeast, Himanta Biswa Sarma sparked off a controversy with his statement that if the bill is not brought in, at least 17 districts in Assam will go the 'Jinnah way'.
-
GST Rate To Be Optimum, Working On Time-Bound Rollout: Arun Jaitley
As government looks to implement the Goods and Services Tax (GST) from April next year, Finance Minister Arun Jaitley on Thursday said the tax rate will be "optimum" even as there were indications that it may be higher than 18 per cent.
-
Black Money Disclosures Made In Compliance Window To Be Kept Secret
Disclosures made in the 4-month compliance window beginning June 1 for domestic black money holders to come clean will be kept secret, according to an amendment to the Finance Bill 2016 approved by the Lok Sabha.
-
Dividend Tax Only On Dividend Income Above Rs 10 Lakh
The new 10 per cent Dividend Tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
-
Arun Jaitley Warns Of Action Against Tax Evasion
Finance Minister Arun Jaitley on Thursday warned of action against those passing off income from other sources as agriculture income but ruled out levying any tax on farm earnings.
-
India Can Grow Faster If There Is Good Monsoon: Finance Minister Arun Jaitley
Already the fastest growing major economy in the world, India can grow at an even faster pace this year if predictions of good monsoon hold up, Finance Minister Arun Jaitley said today.
-
India Can Grow Faster If There Is Good Monsoon: Arun Jaitley
Already the fastest growing major economy in the world, India can grow at an even faster pace this year if predictions of good monsoon hold up, Finance Minister Arun Jaitley said on Thursday.
-
Financial Business Main Agenda In Parliament Next Week
The consideration and passing of the appropriation and finance bill in respect of the general budget for 2016-17 constitute the main agenda for the second week of the second budget session of parliament, an official statement said on Saturday.
-
Rajya Sabha Amendments To Aadhaar Bill Had Lacunae: Arun Jaitley
Justifying Lok Sabha's rejecting the amendments made by the Upper house to the Aadhaar Bill, Finance Minister Arun Jaitley today said adoption of changes would have pushed the legislation, aimed at streamlining the payment of benefits, into realms of unconstitutionality.
-
Arun Jaitley Expects Progress on GST Bill in April-May
Finance Minister Arun Jaitley said on Sunday that he expects lawmakers to make progress on a goods and services tax (GST) bill and a bankruptcy law in the second part of Parliament's Budget session that runs from April 25 to May 13.
-
Fertiliser Subsidy Through Aadhaar Coming Soon: Economic Affairs Secretary
A day after the Lok Sabha approved a Bill to provide statutory backing to Aadhaar, the Finance Ministry on Saturday said the direct benefit transfer (DBT) for fertiliser subsidy will be rolled out soon.
-
Your 10-Point Cheat Sheet On Aadhaar Bill Passed By Lok Sabha
The Lok Sabha has passed the Aadhaar Bill, 2016, which aims at empowering the government to ensure that its subsidies and services reach the right people and directly. Finance Minister Arun Jaitley said this takes the massive scheme beyond merely assigning a unique identity to residents.
-
Opinion: Budget 2016 Positive for Financial Services Sector
The financial services industry has been the backbone of the Indian economy, says Jaiman Patel.
-
'New Black Money Window not Total Amnesty Scheme'
The CBDT boss said the new scheme cannot be called a "total amnesty".
-
We Will Reach Out To Congress Over Goods And Services Tax Bill: Arun Jaitley
Government will reach out to the Congress in the current session of Parliament to resolve the deadlock over the Goods and Services Tax (GST) Bill, Finance Minister Arun Jaitley said today.
