"Finance Bill"
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Nigeria: Tax Digest: 2023 Year-In-Review & 2024 Overview - TemplarsA 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 Finance Bill 2023...Mondaq - Published | |
UK: The UK Lifetime Allowance Is Going On 6 April: Are You Ready? - Osborne ClarkeMost 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 in the House...Mondaq - Published | |
UK: Finance Bill 2023-2024 Introduces Changes To REIT Rules - Cadwalader, Wickersham & Taft LLPAmendments 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 of 2024.Mondaq - Published | |
Lok Sabha passes Finance Bill, completes exercise for interim budget 2024-25IndiaTimes - Published | |
FM Nirmala Sitharaman to move The Finance Bill 2024, Lok Sabha to discuss Interim BudgetEarlier 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 government is not far and this time the NDA..DNA - Published Also reported by •Zee News | |
Lok Sabha to discuss Interim Budget; Finance minister Nirmala Sitharaman to move The Finance Bill 2024Finance 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 Jammu and Kashmir Acts. Rajya Sabha to..IndiaTimes - Published | |
Rs 1 Lakh Penalty For Tobacco Product Makers If They Fail To Do THISThe 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 registered with the GST authorities.Zee News - Published | |
Reserve Bank Of India's Game-Changer: Wholesale CBDC On The Horizon For Call Money MarketThe introduction of CBDC was announced in the Union Budget 2022-23, by Finance Minister Nirmala Sitharaman and necessary amendments to the relevant section of the RBI Act, 1934 was made with the..Zee News - Published | |
UK: Draft Finance Bill 2024 Published For Consultation - Norton Rose FulbrightHM Treasury and HMRC have published draft legislation for inclusion in the Finance Bill 2024, including two pensions-related measures.Mondaq - Published | |
Nigeria: The Petroleum Profits Tax Act, The Petroleum Industry Act And The Proposed Amendments In The Finance Bill - Streamsowers & KohnNigeria'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 Act, the Companies Income Tax Act...Mondaq - Published | |
India: Online Gaming: Proposed Changes In Tax Law - Metalegal AdvocatesThe 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 gaming companies.Mondaq - Published | |
India: Amendment In Finance Act, 2020 Vis-à-vis Finance Bill 2020 - Bhuta Shah and Co. LLPThe 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 discussion in Bill.Mondaq - Published | |
Turkey: Reform Of Company Share Option Plan (CSOP) - NazaliAs announced on 23 September 2022, the government will legislate in Spring Finance Bill 2023 on changes to the CSOP rules.Mondaq - Published | Turkey: Reforming Film, TV And Video Games Tax Reliefs To Refundable Expenditure Credits - NazaliAs 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 expenditure credits instead of additional...Mondaq - Published |
UK: Capital Allowances - NazaliCapital allowances: full expensing: As announced at Spring Budget 2023, the government will legislate in Spring Finance Bill 2023 to introduce full expensing for the next three years...Mondaq - Published | Turkey: Expansion Of The Seed Enterprise Investment Scheme - NazaliAs 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 investment that companies...Mondaq - Published |
Turkey: Extending The Higher Rates Of Theatre Tax Relief (TTR), Orchestra Tax Relief (OTR) And Museums And Galleries Exhibitions Tax Relief (MGETR) - NazaliAs 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 MGETR for two years until March 2026.Mondaq - Published | Amid opposition uproar, Parliament gives approval to Finance BillIndiaTimes - Published |
Finance Bill: What you gain, where it pinchesIndiaTimes - Published | Lok Sabha Passes Finance Bill 2023 With 64 Amendments; Marginal Relief Proposed Under New Tax RegimeSitharaman 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 far, Punjab, Rajasthan, Chhattisgarh,..Zee News - Published |
Govt raises tax on stock options to dampen retail frenzyIndia's government has increased transaction taxes on certain equity derivative products to curb retail investor activity in such instruments. The Finance Bill amendments will levy a 0.0625% tax on..IndiaTimes - Published | Lok Sabha Passes Finance Bill With 64 Official AmendmentsFollowing amendments, 20 new sections have been added to the Bill.Zee News - Published Also reported by •IndiaTimes |
Explained: What are the major amendments to the Finance Bill 2023 passed in Lok Sabha?The Lok Sabha passes The Finance Bill 2023 with several amendments.DNA - Published | Govt To Scrap Long-Term Tax Benefit For Debt Mutual Funds: ReportFinance 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 MFs. Currently, such mutual fund schemes..Zee News - Published Also reported by •IndiaTimes |
Speaker may order Budget ‘guillotine’ as Lok Sabha logjam continuesWith 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 budget to be put to vote without discussion,..IndiaTimes - Published | Worldwide: Tax Relief For US PE Managers Residing In UK - Withers LLPOn March 15, Chancellor Jeremy Hunt introduced the UK's Spring Finance Bill 2023 (hereinafter the "Budget").Mondaq - Published |
Online Gaming Industry Appeals Government to Advance Implementation Changes in TDS Regime to April 1, 2023*E-Gaming Federation (EGF)*, an organization representing top online skill gaming operators in India, applauded the government for the proposed amendments in TDS on net winnings from online gaming,..NewsVoir - Published | Budget Session To Resume Today, Opposition To Corner Modi Govt On Several IssuesDuring the second leg of the Budget session, the Narendra Modi-led government's priority is to pass the Finance Bill.Zee News - Published |
Second leg of Budget session from Monday; Centre says priority to pass Finance BillThe 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 planning to raise issues like the action of..IndiaTimes - Published | Nigeria: Tax Series: Highlights Of The Finance Bill 2022 - Udo Udoma & Belo-OsagieOn the 3rd of January 2023, President Muhammadu Buhari signed the 2023 Appropriation Bill for the implementation of the National Budget (the "Budget") into law. One of the key things that stood out...Mondaq - Published |
India: Proposals Under The Finance Bill 2023 And Impact Of The Recent Supreme Court Decisions In Relation To Charitable Trusts - Khaitan & Co LLPThe 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 charitable institution.Mondaq - Published |