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Finance Bill 2017 News

Pranab Mukherjee

01 Apr 2017

Finance Bill gets presidential assent, takes effect from today

President Pranab Mukherjee has given his assent to the Finance Bill 2017 to give effect to provisions like bar on cash transactions above Rs 2 lakh and compulsory quoting of Aadhaar for filing tax returns.

Budgetary exercise

30 Mar 2017

Parliament passes Finance Bill; Budgetary exercise for 2017-18 completed

Completing the budgetary exercise for 2017-18, Parliament on Thursday passesd the Finance Bill.

Finance Bill 2017

29 Mar 2017

Govt faces embarrassment in Rajya Sabha; 5 Opposition amendments to Finance Bill adopted

The government on Wednesday faced a major embarrassment in the Rajya Sabha as five amendments moved by the opposition to the Finance Bill 2017 were adopted before the House approved the measure.

Finance Bill 2017

29 Mar 2017

Debate on Finance Bill in Rajya Sabha: FM Jaitley defends electoral bonds, says new donation norms will cleanse political funding

During the debate on Finance Bill in Rajya Sabha on Wednesday, Finance Minister Arun Jaitley said that the new bill will cleanse political funding in a scenario where donors are reluctant to reveal identity.

Income tax form

29 Mar 2017

ITR form simplified further; e-filing to start from Apr 1

A crisp income tax form for salaried individuals will be introduced from April 1, doing away with some columns to simplify the filing of returns.

Finance Bill 2017

22 Mar 2017

Aadhaar mandatory for filing ITR to avoid tax evasion: FM Jaitley

Making Aadhaar number mandatory for filing of Income Tax returns is necessary to curb tax evasion and frauds, the government said on Wednesday while rejecting the opposition demand for a relook at the move.

22 Mar 2017

Finance Bill 2017 passed in Lok Sabha: Key highlights you should know

The Lok Sabha on Wednesday approved a ban on cash transactions above Rs 200,000 (USD 3,055), enacting tax measures from last month annual budget aimed at boosting investment in the country.

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