Finance Act, 2017 Notified by Govt. of India post Presidential Ascent
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 …
Category: Budget
ICAI’s Post ‘Budget/ Finance Bill 2017’ Memoranda to the FinMin, GoI
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.
All about India’s Union Budget 2017-18
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 …
CBDT’s Explanatory Notes to the Amendments/ Provisions of Finance Act, 2016
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’s Pre-Budget 2017 Memorandum to FinMin on Direct/ Indirect Taxes (FY 2017-18)
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 …
Rail Budget merged with Union Budget on 1 February w.e.f. Budget 2017-18
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 Approved by Lok Sabha / Rajya Sabha / President
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’s Post Budget 2016 Memorandum / Suggestions
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.
Salient Features of Excise Duty Imposed on Jewellery in Budget 2016-17: CBEC Clarifications
Doubts have been expressed by the trade and industry regarding levy of excise duty on articles of jewellery in Budget 206-17, however, the CBDT has clarified about the levy …
CBDT Clarification on changes by Budget 2016 in Taxation of PF & NPS
Keeping in view the ongoing discussions and confusions about the intent of changes made in the Budget 2016-17 tax proposals in respect of PF & NPS, the following clarifications …