A major highlight of 2023 was the general election which ushered in a new government. Importantly, while as a final act, the outgoing government passed the..

Most of the legislative changes needed to remove the lifetime allowance from 6 April 2024 are contained in the Finance Bill 2023-24, which had its first reading..

Amendments to the UK real estate investment trust (REIT) rules were introduced in the new Finance Bill 2023-2024, which is expected to become law in the summer..

Earlier on Monday, Prime Minister Narendra Modi replied to the Motion of Thanks to the President's Address in Lok Sabha. He said that the third term of his..

The Lower House will also hold a general discussion on the Interim Union Budget for 2024-25, which was presented on February 1, the second day of the Budget..

Finance Minister Sitharaman to move The Finance Bill, 2024 in Lok Sabha. General discussion on Interim Union Budget. Union Home Minister to move Bill to amend..

The Finance Bill, 2024, introduced amendments to the Central GST Act, where a penalty of Rs 1 lakh would be levied for every machine OF tobacco products not..

The introduction of CBDC was announced in the Union Budget 2022-23, by Finance Minister Nirmala Sitharaman and necessary amendments to the relevant section of..

HM Treasury and HMRC have published draft legislation for inclusion in the Finance Bill 2024, including two pensions-related measures.

Nigeria's Finance Bill of 2022 (the Bill) has made changes to several fiscal and administrative laws, including the Public Procurement Act, the Capital Gains Tax..

The Finance Bill 2023, tabled on 1st February 2023, has proposed several changes to the tax regime applicable to online gaming - both for the users as well as..

The Finance Bill, 2020 (‘the Fin Bill') has been passed by the Parliament on March 23, 2020 with around 50 plus amendments but some of them without any..

As announced on 23 September 2022, the government will legislate in Spring Finance Bill 2023 on changes to the CSOP rules.

As announced at Spring Budget 2023, the government will legislate in Finance Bill 2023-24 to reform the film, TV and video games tax reliefs to refundable..

Capital allowances: full expensing: As announced at Spring Budget 2023, the government will legislate in Spring Finance Bill 2023 to introduce full expensing for..

As announced on 23 September 2022, the government will legislate in Spring Finance Bill 2023 to increase the generosity and availability of the c. The amount of..

As announced at Spring Budget 2023, the government will legislate in Spring Finance Bill 2023 to extend the current headline rates of relief for the TTR, OTR and..

Sitharaman also announced that a new committee will be set up under Finance Secretary to look into the National Pension System (NPS) for government employees. So..

India's government has increased transaction taxes on certain equity derivative products to curb retail investor activity in such instruments. The Finance Bill..

Following amendments, 20 new sections have been added to the Bill.

The Lok Sabha passes The Finance Bill 2023 with several amendments.

Finance ministry is likely to bring in amendments to the Finance Bill 2023, removing the long term capital gains tax (LTCG) benefits available to such specified..

Once the amendments to Finance Bill 2023 gets Parliament assent, holders of mutual fund schemes which invest up to 35 per cent of their assets in equity shares..

With the logjam in Parliament showing no signs of ending , Lok Sabha Speaker Om Birla is set to order a guillotine on Thursday, a procedure that allows the..

On March 15, Chancellor Jeremy Hunt introduced the UK's Spring Finance Bill 2023 (hereinafter the "Budget").

*E-Gaming Federation (EGF)*, an organization representing top online skill gaming operators in India, applauded the government for the proposed amendments in TDS..

During the second leg of the Budget session, the Narendra Modi-led government's priority is to pass the Finance Bill.

The second leg of the Budget session will commence on Monday with the government asserting that its priority is to pass the Finance Bill and the Opposition..

On the 3rd of January 2023, President Muhammadu Buhari signed the 2023 Appropriation Bill for the implementation of the National Budget (the "Budget") into law...

The Finance Act 2021 had amended Section 10(23C) and Section 11 of Income Tax Act, 1961, to prevent claiming application of corpus as application of income by..

We have been zealously waiting for the Budget 2022 to come out and the ensuing Finance Bill of 2022 because this is President Samia Hassan Suluhu's budget in..

The Budget session of Parliament begins on Tuesday with the maiden address of President Droupadi Murmu to the joint sitting of both Houses.While the government's..

The National Assembly passed the Finance Bill 2022 ("the Finance Bill") on 28 December 2022. The Finance Bill introduces certain amendments to existing tax laws..

The interest limitation rules (ILR) introduced in last year's budget provide for a fixed ratio rule that links a corporate taxpayer's allowable net interest..

On 31 December, 2021, President Muhammadu Buhari signed the Finance Bill, 2021 (now the Finance Act, 2021) into law. The principal aim of the Finance Act, 2021..

The Indian government took the crypto industry by storm when Finance Minister Nirmala Sitharaman announced that Virtual Digital Assets (VDA) will be taxed. There..

Finance minister Nirmala Sitharaman on Tuesday slammed the World Inequality Report 2022 for terming India to be "poor and unequal". Replying to the discussion on..

The Lok Sabha on Friday approved the Finance Bill, which gives effect to new taxation, thus completing the Budgetary exercise for 2022-23 fiscal.The Finance Bill..

Opposition members on Friday made a strong demand in Lok Sabha to rein in rising fuel prices and accused the government of putting the people to difficult times..

As part of the amendments to the Finance Bill, the Centre has proposed further tightening of tax proposals around crypto assets, including clearly specifying..

The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set off of any losses with gains from other virtual..

The Finance Bill 2022 will give effect to the financial proposals of the central government for the financial year 2022-23.

The Finance Bill became the Finance Act, 2021 on March 28, 2021 after receiving the President's nod

Today, March 31, 2021 is the last day to link the Permanent Account Number (PAN) to Aadhaar number. If you fail to meet the Aadhaar PAN link deadline today, then..

A new section in the Finance Bill mandates to link PAN with Aadhaar, failing which can incur a late fee up to Rs 1,000 which will be excluded from other..

A new section has been inserted in the Finance Bill which mandates to link PAN with Aadhaar, failing which can incur a late fee up to Rs 1,000 which will be..

To put it simply, the interest on contribution to Provident Fund for up to Rs 5 lakh per annum will be tax-free. Earlier, the limit was Rs 2.5 lakh which was..

Finance Minister Nirmala Sitharaman, "Things were a mess and the economy was mismanaged under the tenure of UPA. As of now, Non-Performing Assets (NPAs) have..

Union finance minister Nirmala Sitharaman on Wednesday said that India enjoys an investment grade rating and there is no risk of a downgrade because of higher..

The Upper House debated the amended Finance Bill 2021 that was approved by the Lok Sabha on Tuesday.

Replying to a discussion on the Finance Bill 2021 in Lok Sabha, Nirmala Sitharaman said the tax-free limit on PF is now being amended to a maximum of Rs 5 lakh..

Union finance minister Nirmala Sitharaman on Tuesday said that the Centre is ready to discuss bringing petrol, diesel under GST regime in the Council's next..

The Lower House will debate The Finance Bill, that will give effect to the financial proposals of the Central Government for the financial year 2021-22.

The Lower House will debate The Finance Bill, that will give effect to the financial proposals of the Central Government for the financial year 2021-22.

The Finance Bill, 2021, that will give effect to the financial proposals of the Centre for the financial year 2021-22 will be taken up for consideration and..

The main focus of the government is to get various demands of grants for the financial year 2021-22 passed along with the Finance Bill which carries various tax..

The main focus of the government in the second part of the session is to get the various demands for grants for the year 2021-22 passed along with the Finance..