Finance Bill: News

30 Sep 2024

Central Government

New TDS rates from October 1: What changes for you

The Finance Bill has given a thumbs-up to several important proposals from the Union Budget 2024, including revised Tax Deducted at Source (TDS) rates.

Centre mulls decriminalizing delayed TCS filing: How it impacts you

The Central Board of Direct Taxes (CBDT) is considering a proposal to decriminalize late filing of Tax Collected at Source (TCS), according to its Chairman Ravi Agarwal.

Increased STT to cool market activity? What Zerodha founder said

Finance Minister Nirmala Sitharaman has proposed a significant increase in the Securities Transaction Tax (STT) on Futures and Options (F&O) trading for the 2024 budget.

24 Mar 2023

Lok Sabha

Lok Sabha passes Finance Bill without debate amid Opposition's ruckus

The Lok Sabha passed the Finance Bill 2023 on Friday without debate as Opposition MPs raised slogans demanding a Joint Parliamentary Committee (JPC) to probe the allegations of fraud against the Adani Group.

23 Mar 2020

India

Lok Sabha adjourned sine die amid coronavirus crisis

With coronavirus positive cases continuing to rise across India, the Lok Sabha was adjourned sine die on Monday after the Finance Bill, 2020, was passed without discussion.

21 Nov 2019

Lok Sabha

Congress stages walkout in Lok Sabha over electoral bonds

Members of Parliament (MPs) of the Congress party staged a walkout from the Lok Sabha on Thursday over the issue of electoral bonds. The party also protested the privatization of public sector units (PSUs).

29 Jul 2019

Karnataka

Karnataka: Days after taking oath, BS Yediyurappa wins trust vote

BJP's BS Yediyurappa won the trust vote on Monday, days after he took oath as Karnataka's Chief Minister.

26 Jul 2019

Karnataka

Karnataka crisis: Days after trust vote, speaker disqualifies three MLAs

The political crisis in Karnataka, which was sparked due to a slew of resignations, took a new twist on Thursday after speaker KR Ramesh Kumar disqualified three rebel MLAs.

07 Apr 2018

Lok Sabha

Budget-session: LS worked for 1% of allotted time, RS 6%

The Budget session which concluded on Friday was, as per PRS legislative research, least productive since 2000. Lok Sabha spent just 1% of its allotted time on legislative business, while Rajya Sabha spent 6%.

Foreign poll-funding won't be scrutinized as Lok Sabha passes bill

The Lok Sabha has passed a bill that exempts political parties from scrutiny of foreign funds they have received from abroad since 1976.

07 Jan 2018

India

Will electoral bonds help cleanse political funding like Jaitley says?

Finance Minister Arun Jaitley has reiterated that the government is committed to transparency in political funding.

02 May 2017

Indian Government

EC unhappy with Electoral Bonds proposition

The Election Commission has expressed reservations about the government's decision to introduce electoral bonds for donations to political parties.

03 Apr 2017

India

Political Funding: Could electoral bonds, corporate funding ensure transparency?

Union Budget 2017 made tall claims towards bringing in transparency in political funding in India. Months later, moving forward on the proposals on electoral bonds and corporate funding might have rendered the process more opaque than before.

17 Nov 2016

India

Cabinet slots Union Budget on 1 February, increases wheat prices

The Indian government has slated the Union Budget for 1 February, marking a move against a colonial-era tradition of presenting the budget on the last day of February.