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Finance Minister Arun Jaitley. (Photo: PTI)

Govt embarrassed as RS passes Finance Bill with 5 amendments

The amended Finance Bill will now have to be considered again by the Lok Sabha, which can either accept or reject the...

29 March 2017 2:05 PM GMT

Opposition members raising issues in the Rajya Sabha in New Delhi on Monday. (Photo: PTI/TV grab)

Govt trying to snoop into people's lives: Oppn on Finance Bill

Opposition parties lambasted the govt for not making enough provisions for creation of jobs through the rural employment...

27 March 2017 3:04 PM GMT

Tax authorities can provisionally attach any property of a person being raided, for utterly vague reasons.

Beware, the new taxman cometh

This week, the Lok Sabha passed the Finance Bill with three absolutely draconian provisions, which give the taxman some...

23 March 2017 7:28 PM GMT

Union Finance Minister and senior BJP leader Arun Jaitley addressing a press conference at the party office in Lucknow. (Photo: PTI)

No tax on farm or agriculture income: Arun Jaitley

Finance Minister says govt targeted Rs 9.8 lakh cr in direct tax and Rs 9.25 lakh cr in indirect tax collections.

22 March 2017 11:40 AM GMT

Deepender Hooda (Cong) said the government should have brought a separate bill on transparency in electoral funding.

Now, government wants to cap cash transactions at Rs 2 lakh

It was the special investigation team on black money that had first recommended a cap of cash transactions.

21 March 2017 7:17 PM GMT

A weak dollar in overseas markets and selling of the US currency by exporters and banks supported the rupee.

Cash transactions proposed to be capped at Rs 2 lakh

Proposal on cash transaction part of 40 amendments included in Finance Bill that was tabled in Parliament today.

21 March 2017 12:33 PM GMT

Tax payers will also need to quote their Aadhaar number while filing their returns as per the recently passed amendments in the Finance Bill.

I-T warns against cash dealings of Rs 2 lakh, seeks tip-off

In the 2017-18 Budget, Finance Minister Arun Jaitley had proposed to ban cash transaction of over Rs 3 lakh.

2 Jun 2017 8:02 AM GMT

Prime Minister Narendra Modi (Photo: PTI)

Poll funding: Taking a few steps backwards

The information cannot be obtained under the Right to Information Act as this does not apply to political parties.

2 April 2017 8:43 PM GMT

President Pranab Mukherjee

In a first, taxation proposals come into effect from April 1

This comes as President Pranab Mukherjee today gave his assent to Finace Bill 2017 seeking govt expenditures.

1 April 2017 10:51 AM GMT

Finance Minister Arun Jaitley

Political funding: No sign of reforms yet

The government could have argued for a higher cap or no cap, but it rejected the proposal outright.

31 March 2017 9:29 PM GMT