Income Tax : Explore the changes in taxation of debt mutual funds pre and post April 2023. Learn about impacts, benefits, and strategies. Inves...
Finance, Income Tax : Explore the impact of Indias budget evolution in 2024, focusing on economic growth, reducing disparity, and strategic resource all...
Finance : Welcome Announcements by Finance Minister to boost COVID affected sectors: Healthcare, Tourism, Exports, Job Creation In a bid to ...
Finance : Before the Unlocking starts I have some suggestions for Government, Trade and Citizen. They can be further discussed with all the ...
Finance : 1. The Government vide office memorandum no. F.No. 12(2)/2020—EH(A) dated 12 October 2020 announced the Cash Voucher LTC (Leave ...
Income Tax : Union Budget 2025 expectations include tax relief, GST reforms, R&D support, and measures for MSMEs. Common demands focus on easin...
Finance : Finance Minister Nirmala Sitharaman emphasizes tax compliance and technology adoption during the 165th Income Tax Day celebration,...
Finance : Smt. Nirmala Sitharaman assumes office as Union Minister for Finance & Corporate Affairs, pledges commitment to 'Ease of Living' a...
Income Tax : Marking the 164th Income Tax Day, Finance Minister Nirmala Sitharaman praises CBDT's efforts in tax administration reforms and ea...
Finance : Finance Minister Smt. Nirmala Sitharaman chairs meeting on Illegal Loan Apps. Multiple steps outlined to prevent operations of suc...
Income Tax : The assets did not fall under any of the above exceptional three conditions. The said block of assets was used for the purpose of ...
Corporate Law : (1) This Act may be called the National Commission for Allied and Healthcare Professions Act, 2021. (2) It shall come into force o...
Income Tax : Whether the full and final settlement of the bills pertaining to LTC Cash Scheme is also to be ensured by 31st March, 2021, withou...
Finance : Finance Minister announces measures of Rs 73,000 crore to stimulate consumer spending before end of this Financial Year in fight a...
Finance : Under LTC Cash Voucher Scheme, the Government has decided to give cash payment to employees in lieu of one LTC during 2018-21, in...
Finance : It has been decided that cash equivalent of LTC, comprising Leave Encashment and LTC fare of the entitled LTC may be paid by way o...
Corporate houses seeking banking licences will come under the scrutiny of both the Reserve Bank of India and the finance ministry, which are keen to restrict the entry of players involved in dubious transactions. The books and accounts of all group companies will be examined before granting the new banking licences, proposed by the finance minister in the Union budget, said a finance ministry official privy to the deliberations on the subject.
The Union finance minister had introduced the Finance Bill, 2010 in the Lok Sabha on February 26, 2010 and proposed to tax 8 new services. On May 8, 2010, the President gave her consent to the Finance Bill and thus the Finance Act, 1994 (14 of 2010) has come into effect from that date. SERVICE TAX IS BEING IMPOSED ON THE FOLLOWING SPECIFIED SERVICES:
Companies may have to pay stamp duty on mergers and acquisitions in states like West Bengal, which do not have their own Act in this regard. This will happen if the Finance Ministry”s suggestions on amendments to the over-a-century-old Indian Stamp Act are implemented without any change.
At the outset, I extend my warm greetings and thanks to our hosts for organizing the Annual meeting in this beautiful city of Tashkent. Uzbekistan is special to India because of its close historic and cultural ties. A memorial to our former Prime Minister Lal Bahadur Shastri, who breathed his last here, stands in this city. So does the Mausoleum of Yunus Khan, the grandfather of Babur, founder of the Mughal dynasty. It gives me great pleasure to be here today.
Finance minister Pranab Mukherjee on Thursday said service tax on air travel will not have any adverse impact as it is not linked to fare and has been capped at Rs 100 for domestic travel and Rs 500 for international travel.
Finance ministry is likely to prescribe the minimum 25 per cent public holding for listed companies next month. Official sources told PTI that a notification to this effect is likely to be issued next month by the ministry.While all future public issues will have to abide by 25 per cent criteria, the existing listed companies may be asked to follow the rules in stages.
The resignation of Shashi Tharoor as minister of state for external affairs has striking similarity with another incident 18 years ago when Home Minister P Chidambaram had stepped down from the commerce ministry. The issue then involved alleged investments by Chidambaram’s wife Nalini in the scam-tainted Fairgrowth Financial Services that had been promoted by banker Bilgi Ratnakar,
The Finance Minister, Shri Pranab Mukherjee initiated the process of disbursement of disgorgement proceeds to investors who have been identified as rightful beneficiaries of the gains recovered from the wrong doers, here today. Describing this as a significant milestone, the Finance Minister said that this is the first time that not only the manipulators are being penalized but the amount recovered is being redistributed to the persons who were deprived of their gains.
(a) In the case of a resident woman below the age of 65 years, the basic exemption limit is INR 190,000. (b) In the case of a resident individual of the age of 65 years or above, the basic exemption limit is INR 240,000 (c) Surcharge is not applicable (d) Education cess is applicable @ 3 percent on income-tax
The Chief Minister (Finance Minister) presented the State Budget for the Year 2010-11 on Tuesday 09th March 2010 in the State assembly for the second time in his second tenure. There was not much for the trade and industry in the budget except some changes in the rate structure and the much awaited simplification of the quarterly return.
