Category: Budget
Indirect tax collections (Central Excise, Service Tax and Customs) in FY 2016-17 are at Rs 8.63 Lakh Crore, which is 22.0%higher than the actual Revenue Receipts in FY 2015-16; …
Net Direct Tax collections up to March, 2017 stood at Rs. 8.47 Lakh Crore which is 14.2% more than the Net Collections for the corresponding period last year; CBDT …
Ministry of Law & Justice, GoI has notified the Finance Act, 2017 (Act No. 7 of 2017), which has received the assent of the Hon'ble President of India …
ICAI's Post Budget 2017 Memoranda to the FinMin, Govt. of India; certain suggestions on amendments in the proposals on Direct Taxes (including international taxation) under the Finance Bill, 2017.
The Union Budget 2017-18 of India has been presented by MoF Sh. Arun Jaitley in the Parliament, today (i.e. 1 Feb. 2017). This budget is being considered as a …
The CBDT has issued "Explanatory Notes to the Provisions of Finance Act, 2016 (i.e. substance of the amendments at a glance)" vide Circular No. 3/2017 dt. 20 Jan. 2017.
ICAI has submitted it's pre Budget 2017 Memorandum on Direct and Indirect Taxes, containing suggestions for FinMin, GoI for consideration while formulating the tax proposals for the financial year …
The Union Cabinet has approved the proposals of MoF on certain budgetary reforms, like (i) the merger of Railway budget with the General budget, (ii) the advancement of the …
Finance Bill, 2016 gets the President's Assent after approval from Lok Sabha & Rajya Sabha. Now the Finance Bill 2016 has become the Finance Act, 2016 (28/2016).
ICAI has suggested certain amendments to the proposals on direct / indirect taxes as contained in the Finance Bill, 2016 which would help the Government to achieve it's objectives.