Finance Act 2017
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Top Court Issues Directions To Implement Rs 2 Lakh Cap On Cash Transactions
When there is a law in place, it has to be enforced, the Supreme Court said on Wednesday while expressing concern over the unsatisfactory implementation of provisions of the Finance Act 2017 which capped the limit of cash transactions to Rs two lakh.
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"Money Laundering": Congress Takes On BJP After Reports On Electoral Bonds
The Congress has posed a series of questions for the Narendra Modi government after news reports that claimed the Centre had disregarded a warning from the Reserve Bank about electoral bonds. Legalisation of electoral bonds, for which the RBI Act had to be amended, was part of the Finance Bill 2017, which has come under the scanner of the Supreme C...
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"Deeply Grateful": Jairam Ramesh On Supreme Court Order On Finance Bill
The Supreme Court's order on the validity of the Finance Act 2017 will have "far-reaching consequences" on any attempts to abuse the Money Bill route, said Congress leader Jairam Ramesh, the petitioner in the case.
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Credit Card Bill Payment Exempt From Cash Dealing Limit
The Finance Act 2017 banned cash transaction of Rs 2 lakh or above with effect April 1, 2017. However, some exceptions were made.
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Income Tax Department Launches New Facility To Link Aadhaar With PAN
The Income Tax department has launched a new e-facility to link a person's Aadhaar with the Permanent Account Number (PAN), a mandatory procedure for filing Income Tax returns now.
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Supreme Court Asks Centre: Why Have You Made Aadhaar Mandatory For PAN
The Supreme Court today pulled up the centre for making Aadhaar mandatory for PAN cards, despite its order that it should be optional. In its defence, the government said that fake PAN cards were being used to "divert funds" to shell firms.
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Lok Sabha Passes Bill To Make Excise, Customs Acts Compliant With GST
The Lok Sabha on Thursday passed a bill that will ensure continuance of levy of excise on petroleum products and abolition of cess on some other items following GST rollout from July 1. The Taxation Laws (Amendment) Bill, 2017 seeks to amend the Customs Act, 1962, the Customs Tariff Act, 1975, the Central Excise Act, 1944, the Finance Act, 2001 and...
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Top Court Issues Directions To Implement Rs 2 Lakh Cap On Cash Transactions
When there is a law in place, it has to be enforced, the Supreme Court said on Wednesday while expressing concern over the unsatisfactory implementation of provisions of the Finance Act 2017 which capped the limit of cash transactions to Rs two lakh.
-
"Money Laundering": Congress Takes On BJP After Reports On Electoral Bonds
The Congress has posed a series of questions for the Narendra Modi government after news reports that claimed the Centre had disregarded a warning from the Reserve Bank about electoral bonds. Legalisation of electoral bonds, for which the RBI Act had to be amended, was part of the Finance Bill 2017, which has come under the scanner of the Supreme C...
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"Deeply Grateful": Jairam Ramesh On Supreme Court Order On Finance Bill
The Supreme Court's order on the validity of the Finance Act 2017 will have "far-reaching consequences" on any attempts to abuse the Money Bill route, said Congress leader Jairam Ramesh, the petitioner in the case.
-
Credit Card Bill Payment Exempt From Cash Dealing Limit
The Finance Act 2017 banned cash transaction of Rs 2 lakh or above with effect April 1, 2017. However, some exceptions were made.
-
Income Tax Department Launches New Facility To Link Aadhaar With PAN
The Income Tax department has launched a new e-facility to link a person's Aadhaar with the Permanent Account Number (PAN), a mandatory procedure for filing Income Tax returns now.
-
Supreme Court Asks Centre: Why Have You Made Aadhaar Mandatory For PAN
The Supreme Court today pulled up the centre for making Aadhaar mandatory for PAN cards, despite its order that it should be optional. In its defence, the government said that fake PAN cards were being used to "divert funds" to shell firms.
-
Lok Sabha Passes Bill To Make Excise, Customs Acts Compliant With GST
The Lok Sabha on Thursday passed a bill that will ensure continuance of levy of excise on petroleum products and abolition of cess on some other items following GST rollout from July 1. The Taxation Laws (Amendment) Bill, 2017 seeks to amend the Customs Act, 1962, the Customs Tariff Act, 1975, the Central Excise Act, 1944, the Finance Act, 2001 and...
