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Finance Bill

Business  /  Published 26.03.22

39 revisions in Finance Bill

It was approved by the Lower House after accepting 39 official amendments moved by finance minister Nirmala Sitharaman...
By Our Special Correspondent in New Delhi

Business  /  Published 07.02.22

Export-import data in focus

Clampdown comes after a new provision in the Finance Bill 2022...
By R. Suryamurthy in New Delhi

Business  /  Published 05.02.22

Bid to reduce tax litigation

The collegium will comprise two or more chief commissioners or principal commissioners or commissioners of income-tax...
By A Staff Reporter in Calcutta

Business  /  Published 25.10.21

Bank, pension bills on way

These inculde the proposed law to facilitate privatisation of public sector banks, and amendments to the Pension Fund Regulatory and Development Authority Act...
By PTI in New Delhi

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Business  /  Published 07.09.21

CBDT allows filing of applications by Sep 30

The Finance Act, 2021, has amended the provisions of the Income Tax Act, 1961, to provide that the ITSC shall cease to operate with effect from February 1, 2021...
By PTI in New Delhi

Business  /  Published 06.07.21

Tax review rules overlap

The procedures related to reassessments or re-computation of income escaping assessment and review of search related cases has undergone a major overhaul...
By A Staff Reporter in Calcutta

Business  /  Published 26.05.21

Tax rules notified for slump sale of assets

The move seeks to plug a major loophole that some companies misuse to dodge tax on plant and equipment by using the slump sale route...
By R. Suryamurthy in New Delhi

Business  /  Published 28.03.21

LIC float likely to raise Rs 1 trillion

The disinvestment numbers are imminently achievable because work had begun on many of these and they will be completed in FY22: Subramanian...
By Our Special Correspondent in New Delhi

Business  /  Published 25.03.21

Slump sale tax tweak to hurt deals

The amendment says that the fair value of a slump sale transaction will be deemed to be the full value of the consideration received by the seller of the asset...
By R. Suryamurthy in New Delhi


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