India  

"Finance Bill"

Latest news and video coverage curated from trusted media outlets

You Might Like

UK: Capital Allowances - Nazali

Capital 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 - Nazali

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 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) - Nazali

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 MGETR for two years until March 2026.
Mondaq - Published

Amid opposition uproar, Parliament gives approval to Finance Bill


IndiaTimes - Published

Finance Bill: What you gain, where it pinches


IndiaTimes - Published

Lok Sabha Passes Finance Bill 2023 With 64 Amendments; Marginal Relief Proposed Under New Tax Regime

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 far, Punjab, Rajasthan, Chhattisgarh,..
Zee News - Published

Govt raises tax on stock options to dampen retail frenzy

India'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 Amendments

Following 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: Report

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 MFs. Currently, such mutual fund schemes..
Zee News - Published Also reported by •IndiaTimes

Speaker may order Budget ‘guillotine’ as Lok Sabha logjam continues

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 budget to be put to vote without discussion,..
IndiaTimes - Published

Worldwide: Tax Relief For US PE Managers Residing In UK - Withers LLP

On 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 Issues

During 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 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 planning to raise issues like the action of..
IndiaTimes - Published

Nigeria: Tax Series: Highlights Of The Finance Bill 2022 - Udo Udoma & Belo-Osagie

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. 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 LLP

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 charitable institution.
Mondaq - Published

Pakistan finance bill proposes raising goods and services tax to 18%


IndiaTimes - Published

Tanzania: Tanzania's Finance Bill Of 2022: The Good And The Less Good - Shikana Group

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 essence.
Mondaq - Published

Budget session from Tuesday; President Murmu to address joint sitting of two Houses

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 priority will be to seek approval on..
IndiaTimes - Published

Nigeria: The Senate And The House Of Representatives Have Passed The Finance Bill 2022 - Alliance Law Firm

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 including the Companies...
Mondaq - Published