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Latest Articles in finance bill

Govt Proposes Amendments To Finance Bill To Tighten Crypto Taxation Norms

As per the amendments to the Finance Bill, 2022, circulated among the Lok Sabha members, the ministry proposes to remove the word 'other' from section relating to set off of losses from gains in virtual digital assets.

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Equalisation Levy – The E-commerce Leveler

The amended Finance Bill 2020 proposes to expand the scope of the equalisation levy from non-resident companies providing online advertisement facilities (Specified Services) to ‘e-commerce operators’ at the rate of 2%. This levy will be effective from April 1, 2020.

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Should Farmers Pay Income Tax?

Sutanu Guru analyses the controversy over a statement that emanated from the Niti Ayog and concludes that the real issue revolves around rich Indians taking advantage of exemptions for agricultural income

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FM Arun Jaitley Warns Of Action Against Tax Evasion

Finance Minister Arun Jaitley on Thursday warned of action against those passing off income from other sources as agriculture income but ruled out levying any tax on farm earnings

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Finance Bill Passed In Lok Sabha; Tax On Jewellery Remains

Already the fastest growing major economy in the world, India can grow at an even faster pace this year if predictions of good monsoon hold up, Finance Minister Arun Jaitley said on Thursday

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