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Lok Sabha passes The Finance Bill, 2017

Taxscan Team

The Lok Sabha today passed the Finance Bill, 2017 with 29 amendments & new Clauses. The Bill was passed by voice vote. Replying on Finance Bill...

Govt. proposes to Lower Cash Transaction cap to 2 Lakh instead of 3 Lakh Rupees

First Part of Budget Session, 2017 Ends

Taxation Ordinance - Finance Ministry - Taxation and other Laws - Tax Laws - Finance Minisrty - exchange of information - Tax lawsService Tax - Finance - taxscan

Government reduces Import Duty on Essential Commodities

Govt proposes to disclose details of disputes being negotiated under Mutual Agreement Procedures of...

Lok Sabha passes The Taxation Laws (Second Amendment) Bill 2016

The Lok Sabha today passed the Taxation Laws (Second Amendment) Bill, which amends the Income-Tax Act, 1961, and the Finance Act, 2016. The bill was moved by Union Finance Minister Arun Jaitley was...

Filling up vacancies in CBEC

Filling up of backlog vacancies is done on a continuous basis as per instructions of DoPT in this regard from time to time. However, there is no order of Central Administrative Tribunal striking down...

Assam Assembly ratifies GST Bill

Today Assam became the first state in India has ratified 122nd Constitution Amendment Bill related to Goods and Services Tax (GST). In this monsoon session both Lok sabha and Rajya Sabha unanimously...

Constitutional Amendment bill relating to GST likely to be tabled in Lok Sabha next week

The passing of the Constitution (One Hundred and Twenty Second Amendment) Bill, 2014 relating to Goods & Services Tax (GST) by huge consensus in the Rajya Sabha was the hallmark of the third week...

Companies Act 2013 to be amended to facilitate Ease of Doing Business

A Bill shall be introduced in the current Budget session of the Parliament in order to amend the Companies Act 2013. While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance...