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Finance Bill 2019 empowers RBI to supersede the Board of an NBFC

Taxscan Team

Amendments to give more powers to RBI to regulate NBFCs form part of Finance Bill, 2019, which has been introduced in the ongoing Budget Session 2019...

CBDT releases Explanatory Notes to Provisions of Finance Act, 2018 [Read Circular]

No Deductions for Industrial Undertakings If Income Tax Return not filed within Due Dates

All You Need to Know about Some Major Income Tax Changes from 1st April 2017

Finance Bill would be passed by the Parliament before the 31st March, 2017, says FM Arun Jaitley

CBDT Committee recommends Levy of Tax on Digital Services

A Committee constituted by the Central Board of Direct Taxes (CBDT) has recommended for the levy of tax on most digital services. The Committee constituted to examine taxation of E-Commerce, has...

Govt. won’t withdraw the proposal for Imposing Excise Duty on Gold; Lok Sabha passes Finance Bill 2016

The Finance Minsiter Arun Jaitley today announced that will not roll back the proposal of imposing 1% of excise duty on gold. The decision was announced by the Union Finance Minister Arun Jaitley...