Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore
16 Feb 2021 10:42 PM
RBI has opened an indirect liquidity window to aid banks to give funds to the sector, which is facing a severe liquidity crisis.
19 Jul 2019 1:27 PM
The Bill was passed after amendments moved by the opposition were mitigated.
18 Jul 2019 7:05 PM
The laws being amended include the Customs Act, Customs Tariff Act, GST Act and Finance Act of 2002 and 2018.
18 Jul 2019 6:18 PM
The passage of the Finance (No.2) Bill, 2019 will complete the budgetary exercise for 2019-20.
18 Jul 2019 3:37 PM
With the passage of the Finance Bill and the Appropriation Bill, the budget exercise is complete in the lower house.
14 Mar 2018 1:54 PM
Long-term capital gains arising from transfer of such long-term capital asset exceeding one lakh rupees will be taxed.
05 Feb 2018 10:50 AM
In the 2017-18 Budget, Finance Minister Arun Jaitley had proposed to ban cash transaction of over Rs 3 lakh.
02 Jun 2017 1:32 PM
The information cannot be obtained under the Right to Information Act as this does not apply to political parties.
03 Apr 2017 2:13 AM
This comes as President Pranab Mukherjee today gave his assent to Finace Bill 2017 seeking govt expenditures.
01 Apr 2017 4:21 PM
The government could have argued for a higher cap or no cap, but it rejected the proposal outright.
01 Apr 2017 2:59 AM
There is no need for the Congress to “visibly” warm up to the Left.
31 Mar 2017 7:16 AM
The amendments moved in the Upper House do not hold water as changes suggested for the Finance Bill by it are non-binding.
31 Mar 2017 2:06 AM
Traders would have to be roped in to make GST work at its optimum levels, at which the widest tax base is made possible.
31 Mar 2017 2:06 AM
Union Finance Minister Arun Jaitley said the government cannot accept the amendments of the Upper House.
30 Mar 2017 3:48 PM
'The Finance Bill shows the skill of the Finance Minister to go in for the kill,' Congress leader Jairam Ramesh said.
29 Mar 2017 9:08 PM
The amended Finance Bill will now have to be considered again by the Lok Sabha, which can either accept or reject the amendments.
29 Mar 2017 7:35 PM
Opposition parties lambasted the govt for not making enough provisions for creation of jobs through the rural employment guarantee scheme.
27 Mar 2017 8:34 PM
This week, the Lok Sabha passed the Finance Bill with three absolutely draconian provisions, which give the taxman some dangerous powers.
24 Mar 2017 12:58 AM
Finance Minister says govt targeted Rs 9.8 lakh cr in direct tax and Rs 9.25 lakh cr in indirect tax collections.
22 Mar 2017 5:10 PM