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Finance Bill 2021
Business  /  Published 25.10.21

Bank, pension bills on way

The government may introduce two key financial sector bills, including the proposed law to facilitate the privatisation of public sector banks, announced by finance minister Nirmala Sitharaman in the ...
By PTI in New Delhi

Business  /  Published 07.09.21

CBDT allows filing of applications by Sep 30

The finance ministry on Tuesday said income taxpayers can file applications before the interim board for settlement of pending tax cases at the Income Tax Settlement Commission (ITSC) level by Septemb...
By PTI in New Delhi

Business  /  Published 26.05.21

Tax rules notified for slump sale of assets

The Centre has notified the revised rules for the slump sale of assets which will enable the government to tax the capital gains on non-monetary transactions. The move seeks to plug a major loophole t...
By R. Suryamurthy in New Delhi

Business  /  Published 28.03.21

LIC float likely to raise Rs 1 trillion

The proposed IPO of Life Insurance Corporation (LIC) is expected to garner at least Rs 1 lakh crore which would help to achieve the ambitious divestment target of Rs 1.75 lakh crore set in the Union b...
By Our Special Correspondent in New Delhi

Business  /  Published 25.03.21

Slump sale tax tweak to hurt deals

Merger and acquisition (M&A) experts were sent into a tizzy after the government introduced an amendment in the Finance Bill 2021 that changed the tax treatment for slump sale transactions. The a...
By R. Suryamurthy in New Delhi

Business  /  Published 24.03.21

Equalisation levy relaxed

The Finance Bill 2021 was passed in the Lok Sabha on Tuesday after the government conceded major changes in the equalisation levy on e-commerce firms and raised the tax-free threshold on provident fun...
By Our Special Correspondent in New Delhi


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