Finance Bill 2018
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Government Will Explore Blockchain for Digital Economy, Union Minister Says About India's Own Cryptocurrency
The government will explore the use of blockchain technology for digital economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. The latest comments come just days after the government listed a bill titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” that is to provide a framework for creation ...
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Lok Sabha Passes Amendment Exempting Scrutiny Of Foreign Poll Funding
The Lok Sabha has passed, without a debate, a bill that will exempt political parties from scrutiny of funds they have received from abroad since 1976.
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Budget Passed In Lok Sabha With Voice Vote Amid Protests By Opposition
The government today got the Budget for fiscal year beginning April 1 passed in Lok Sabha without discussion by applying the guillotine process as the opposition paralysed the functioning for the eighth day.
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Cabinet Okays Bill To Ban Ponzi Schemes, Change Chit Funds Act
"The Union Cabinet has given its approval to introduce the... Banning of Unregulated Deposit Schemes Bill, 2018, and the Chit Funds (Amendment) Bill, 2018," said the Finance Ministry.
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10 Key Changes In Income Tax Rules That Came Into Effect From April 1
In Budget 2018, among the other income tax changes proposed, a standard deduction of Rs 40,000 for the salaried class was introduced.
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'Taxman Won't Issue Notices To Taxpayers On Minor Filing Mismatch'
The measure, introduced in the latest Finance Bill, is aimed to provide relief to small and salaried class of taxpayers.
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Long-Term Capital Gains Tax Not To Apply To ULIPs
A few days after Arun Jaitley on Thursday announced the re-introduction of long term capital gains on equity during the Budget speech, market indices have been consistently declining. However, the Budget has been positive for the insurance sector, claim experts. A report released by the Nomura says that the newly inducted capital gains tax will not...
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Basic Salary Of MPs Doubled; Law For Revision Every Five Years
Parliamentarians have reason to cheer -- their basic pay is set to be doubled to Rs 1 lakh from April 1 this year.In the finance bill tabled on Thursday the government proposed that the basic pay of MPs be increased from the current Rs 50,000 to Rs 1 lakh.
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FRDI Bill To Protect, Enhance Depositors' Rights, Says Government
According to the Ministry of Finance, there is presently no comprehensive and integrated legal framework for resolution, including "liquidation, of financial firms in India".
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Government Will Explore Blockchain for Digital Economy, Union Minister Says About India's Own Cryptocurrency
The government will explore the use of blockchain technology for digital economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday. The latest comments come just days after the government listed a bill titled “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” that is to provide a framework for creation ...
-
Lok Sabha Passes Amendment Exempting Scrutiny Of Foreign Poll Funding
The Lok Sabha has passed, without a debate, a bill that will exempt political parties from scrutiny of funds they have received from abroad since 1976.
-
Budget Passed In Lok Sabha With Voice Vote Amid Protests By Opposition
The government today got the Budget for fiscal year beginning April 1 passed in Lok Sabha without discussion by applying the guillotine process as the opposition paralysed the functioning for the eighth day.
-
Cabinet Okays Bill To Ban Ponzi Schemes, Change Chit Funds Act
"The Union Cabinet has given its approval to introduce the... Banning of Unregulated Deposit Schemes Bill, 2018, and the Chit Funds (Amendment) Bill, 2018," said the Finance Ministry.
-
10 Key Changes In Income Tax Rules That Came Into Effect From April 1
In Budget 2018, among the other income tax changes proposed, a standard deduction of Rs 40,000 for the salaried class was introduced.
-
'Taxman Won't Issue Notices To Taxpayers On Minor Filing Mismatch'
The measure, introduced in the latest Finance Bill, is aimed to provide relief to small and salaried class of taxpayers.
-
Long-Term Capital Gains Tax Not To Apply To ULIPs
A few days after Arun Jaitley on Thursday announced the re-introduction of long term capital gains on equity during the Budget speech, market indices have been consistently declining. However, the Budget has been positive for the insurance sector, claim experts. A report released by the Nomura says that the newly inducted capital gains tax will not...
-
Basic Salary Of MPs Doubled; Law For Revision Every Five Years
Parliamentarians have reason to cheer -- their basic pay is set to be doubled to Rs 1 lakh from April 1 this year.In the finance bill tabled on Thursday the government proposed that the basic pay of MPs be increased from the current Rs 50,000 to Rs 1 lakh.
-
FRDI Bill To Protect, Enhance Depositors' Rights, Says Government
According to the Ministry of Finance, there is presently no comprehensive and integrated legal framework for resolution, including "liquidation, of financial firms in India".
