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Finance Bill, 2023 Amends Income Tax Penalty Provisions [Read Finance Bill]

The Government by the Union Budget has proposed to amend the Penal Provisions of the Income Tax Act, of 1961 through the Finance Bill 2023. The Finance Minister proposed certain significant...

Finance Bill, 2023 Amends Income Tax Penalty Provisions [Read Finance Bill]
Yogitha S. Yogesh

'Make AI in India': Budget 2023 proposes 3 Centres of Excellence [Read Finance Bill]

Indian government in the Union Budget 2023 proposed three centres of excellence for Artificial Intelligence (AI) to be set-up in top educational institutions for the vision of “Make AI in India...

budget 2023 - Make AI in India - Centres of Excellence - budget 2023 live - union budget 2023 - nirmala sitharaman budget - nirmala sitharaman union budget - nirmala sitharaman - budget 2023 india - Taxscan
Kalyani B. Nair

5 Years of 'Not So Good and Simple Tax': Five Times Courts were Disappointed with GST

Five years ago, the most celebrated Goods and Services Tax (GST) was introduced in India with an aim to simplify and subsume the indirect taxes in the country. The promise of “Good and Simple Tax”...

5 Years of Not So Good and Simple Tax: Five Times Courts were Disappointed with GST
Taxscan Team

WB Assembly Passes Taxation Tribunal (Amendment) Bill: Judicial Members to be Appointed instead of Governor

The West Bengal State Assembly has passed the West Bengal Taxation Tribunal (Amendment) Bill, 2022 to replace the Governor with the State Government as the appointing authority of the Tribunal...

WB Assembly Passes Taxation Tribunal (Amendment) Bill: Judicial Members to be Appointed instead of Governor
Taxscan Team

Homebuyers cannot avail this Income Tax benefit from April 1st: Know the Details

If you are looking to buy an affordable house by taking a home loan, this is the right time to apply and get your loan sanctioned before March 31, or else you will loose benefit of Rs 1.5 lakh...

Homebuyers cannot avail this Income Tax benefit from April 1st: Know the Details
Taxscan Team

Budget 2022: Finance Minister announces Customs Reforms and Duty Rate Changes [Read Finance Bill]

The Union Finance Minister, Nirmala Sitharaman has announced Customs Reforms and duty rate changes while giving the Budget Speech of 2022. Customs administration has reinvented itself over...

Budget 2022: Finance Minister announces Customs Reforms and Duty Rate Changes [Read Finance Bill]
Taxscan Team

Finance Minister introduces the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021

Finance Minister Nirmala Sitharaman has introduced the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021. The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 was promulgated on...

Finance Minister introduces the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021
Taxscan Team

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