Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    Union Finance Minister Chairs the Eighteenth Meeting of the Financial Stability and Development Council
    Issuance Calendar for Marketable Dated G-Sec and T-Bills for Q4 of 2017-18
    The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley holds his 7th Pre-Budget Consultation Meeting with the representatives of the B...
    The Union Finance Minister Shri Arun Jaitley holds his 6th Pre-Budget Consultation Meeting with Stakeholders from IT (Hardware &Software) Group;Highli...
    Increase social security pension in budget: Experts to FM
    The Union Finance Minister Shri Arun Jaitley holds his 5th Pre-Budget Consultation Meeting with the leading Economists;
    FM holds his Fourth Pre Budget Consultation Meeting for Union Budget 2018-19 with the Stakeholders across Social Sector Organizations
    The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley holds his 3rd Pre-Budget Consultation Meeting with representatives of Indian Tra...
    The Union Finance Minister Shri Arun Jaitley holds his 2nd Pre-Budget Consultation Meeting with the representatives of the different Trade Union Group...
    The Union Finance Minister Shri Arun Jaitley starts his Pre-Budget Consultations with stakeholders; Holds his First Pre-Budget Consultation Meeting wi...
    THE FINANCE BILL, 2017 - As passed by Lok Sabha
    Amendments to the FINANCE BILL, 2017 as proposed and Moved to Lok Sabha by the Finance Minister as on 21-3-2017
    New Benefits announced for NPS Subscribers in Union Budget 2017-18
    Budget offers tax balm, Sensex shoots up 486 points
    Union Budget 2017-18 provides renewed impetus to manufacturing and Make in India
    English rendering of the Prime Minister’s Statement on Union Budget- 2017-18
    Salient Features of Direct Tax Proposals in Union Budget 2017
    The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley presented the General Budget 2017-18 in Parliament today
    Budget’s thrust on stimulating growth, relief to Middle Class, Affordable Housing, Curbing Black Money, promoting Digital Economy, transparency of P...
    In order to make ,MSME companies more viable, income tax for smaller companies with annual turnover upto ₹ 50 Crore is reduced to 25%
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    News
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    December 30, 2017
    Show AI Summary
    Financial sector pre-Budget consultation urges detailed examination of regulators' proposals for inclusion in the Union Budget.
    Pre-Budget consultations by the Financial Stability and Development Council convened under the Union Finance Minister to solicit sectoral regulatory development proposals. Key financial regulators and senior government officers presented proposals; the Council deliberated and advised concerned Ministries and Departments to examine the proposals in detail for appropriate further decision-making.
    December 27, 2017
    Show AI Summary
    Government borrowing adjustment: reduce short term T bills and offset with targeted dated security auctions to keep net borrowings neutral.
    The Government will run down T bill stocks to a lower level by fiscal year end and undertake limited additional dated government security issuance so that there is no net increase in overall borrowings; the revised calendar specifies equal weekly dated security auctions across five weeks with allocations by maturity buckets and a multi week T bill auction schedule allocating across 91 , 182 and 364 day instruments, with tables showing aggregate raises, repayments and net issuance for the quarter.
    December 16, 2017
    Show AI Summary
    Bank recapitalization to restore capital adequacy and spur credit growth, alongside tax and regulatory reform proposals.
    The Central Government announced a front-loaded Bank Recapitalization programme for Public Sector Banks using budgetary provision, recapitalisation bonds and market capital raising to restore capital adequacy and support credit growth and employment. Stakeholders proposed raising the TDS threshold on bank interest, a Credit Guarantee Fund for agriculture, tax reliefs for insurance and housing, parity for Farmer Producer Organizations, DBT for crop insurance and interest subvention, alignment of bad-debt recognition timelines, annual rather than monthly bank reporting to tax authorities, promotion of digital transactions, and extension of Masala bond TDS timing.
    December 11, 2017
    Show AI Summary
    Electronics manufacturing promotion urged: tariff rationalization, tax incentives and protection against foreign protectionist measures to boost domestic industry.
    Stakeholders urged fiscal and trade measures to strengthen domestic electronics and telecom manufacturing: extend differential excise duty dispensation to mobile handsets, tablets and specified equipment; rationalize tariff structure; continue and enhance incentive schemes; impose customs duty measures on non-ITA-1 products; provide depreciation and tax incentives to support Make in India and component-hub development; lower GST on telecom services; facilitate telecom funding; and keep the electronics sector out of RCEP.
    December 11, 2017
    Show AI Summary
    Increase social security pension to expand coverage and strengthen social protection while maintaining fiscal targets.
    Experts urged raising the social security pension and expanding coverage, arguing the current benefit is inadequate and fiscal impact would be minimal; they also called for full implementation of pending maternity entitlements and stressed maintaining fiscal deficit and revenue deficit targets while pursuing customs and exim duty reform, consideration of a long term capital gains tax on equity, and measures to address rural distress and interest rate transmission.
    December 11, 2017
    Show AI Summary
    Fiscal consolidation paired with tax reform and targeted incentives to boost infrastructure, SMEs, and social protection.
    The consultations emphasised continuation of fiscal consolidation and clear treatment of any fiscal shortfalls, coupled with revenue and expenditure reforms such as expenditure rationalisation, wider Direct Benefit Transfer use, PSUs disinvestment, issuance of long term bonds for infrastructure and pensions, and administrative measures to maximise revenue. A tax reform agenda was urged - including a roadmap for tax reform and GST convergence, lowering statutory corporate tax by removing exemptions, taxing long term capital gains, reducing MAT, and making tax administration more taxpayer friendly - alongside targeted incentives for infrastructure, SMEs, labour intensive sectors, and rural non farm activities.
    December 6, 2017
    Show AI Summary
    Administrative release of welfare funds prioritized to beneficiaries, with reforms for transparency and targeted social sector funding.
    Pre budget consultations urged prioritisation of administrative release of welfare scheme funds to beneficiaries and enhanced cost effective utilisation across social sector ministries. Stakeholders sought targeted increases and reforms for child protection, nutrition security, school quality benchmarks, elderly healthcare, working mothers' employment incentives, vocational training for employment, and labour transparency through paperless, presence less and cashless employer interactions.
    December 6, 2017
    Show AI Summary
    Infrastructure investment urged to boost growth and jobs; proposals include NIIF, land monetization and tax and GST reforms.
    Investment in infrastructure is promoted as central to growth and job creation, with private, public and foreign capital complementary; proposals include strengthening long-term finance via the National Investment and Infrastructure Fund (NIIF), permitting public and institutional purchase of bank recapitalization bonds, enabling bank loan securitisation and sale, and establishing a Land Bank Corporation to monetise government lands. Concurrently, tax and regulatory reforms are urged: broad tax rate reductions, Dividend Distribution Tax cut, GST simplification and clarity on anti-profiteering, MAT exemption on write-backs under IBC, improvements to Patent Box and R&D incentives, and creation of Regulation Free Zones and a National Innovation Fund.
    December 6, 2017
    Show AI Summary
    Minimum wages enforcement: government urged to ensure compliance and adopt 'same wages for same work' protections.
    The Government reaffirmed commitment to protect workers, insisting on strict compliance with statutory minimum wages and raising labour issues in pre budget consultations. Trade unions submitted a 12 point memorandum seeking increased social sector allocations, progressive taxation, measures against tax evasion and dumping, fixation of minimum wages linked to the Consumer Price Index, resolution of pay commission matters, price controls, ban on speculative trading, halt to PSU disinvestment, investment to generate employment, regulation of imports, expansion of MGNREGA, prohibition of perennial contractual deployment with regularisation and adoption of 'Same wages for same work', restrictions on FDI and privatisation in critical sectors, ratification of ILO Convention 189, creation of a National Fund for unorganised workers, withdrawal of the New Pension Scheme and a guaranteed minimum pension, and enhancement of gratuity and rail allocations.
    December 5, 2017
    Show AI Summary
    Agriculture policy reform to secure farmer prices and shift subsidies to direct transfers, boosting storage, processing and R&D.
    Consultations urged water conservation, expanded cold chains and agro processing, and promotion of high value agriculture to boost farm incomes; recommended immediate Price Deficiency Payment where procurement is infeasible, a nationwide debt relief package with state matching, expansion of low interest small loans with unique beneficiary identification, and migration of subsidies to Direct Benefit Transfer. Proposals also included an Agricultural Inputs Regulatory Authority, increased R&D funding, differentiated state level policies, mechanisation support, and transport and storage subventions for horticulture.
    March 23, 2017
    Show AI Summary
    Finance Bill 2017: income tax rates and surcharges revised; new withholding, transfer pricing and compliance measures introduced.
    The Finance Bill, 2017 prescribes income tax rates and surcharges for assessment year 2017 18, adds education cesses, and clarifies treatment of net agricultural income. It enacts broad amendments to the Income tax Act including new sections on valuation of unquoted shares (50CA), secondary transfer pricing adjustments (92CE), limitation of interest deduction to 30% EBITDA for related party debt (94B), tax on carbon credit transfers at 10% (115BBG), expanded TDS/TCS and withholding obligations (including sections 194 IB, 194 IC and 206CC), Aadhaar quoting for PAN/returns (139AA), restrictions on large cash receipts (269ST) and penalties for non compliance, while also reforming procedural timelines, Authority for Advance Rulings jurisdiction and customs/excise/service tax provisions.
    March 22, 2017
    Show AI Summary
    Finance Bill, 2017: Aadhaar PAN linkage; new transfer pricing secondary adjustment and interest deduction limits; tribunal merger and service rule framework.
    The Finance Bill, 2017 proposes extensive amendments across direct and indirect tax law and numerous statutes: key operative measures include new identification requirements linking Aadhaar to PAN (section 139AA), transfer pricing secondary adjustments (section 92CE), limitation on interest deduction to associated non residents (section 94B), deeming rules for share valuation on transfers (section 50CA), revisions to capital gains, gift valuation and acquisition cost rules, adjustments for companies adopting Indian Accounting Standards, and a structural reform merging tribunals with section 179 empowering rule making for qualifications, tenure and service conditions of tribunal chairpersons and members, together with transitional and consequential provisions.
    February 2, 2017
    Show AI Summary
    NPS partial withdrawal exemption expands tax relief and increases self employed contribution deduction for better retirement planning.
    A new partial withdrawal exemption is introduced for NPS subscribers for withdrawals up to a specified proportion of employee contributions, governed by PFRDA rules and effective after the stated date; annuity purchase requirements and tax treatment of annuity amounts at normal exit remain. The primary deduction limit for self employed contributors is increased to align with salaried employees for contributions made after the stated date, while the separate additional NPS deduction remains unchanged.
    February 2, 2017
    Show AI Summary
    FPI tax exemption spurs investor confidence as budget maintains capital gains rates and funds bank recapitalisation
    Budget preserves existing long term and short term capital gains regimes, proposes exemption of category I and II FPIs from taxation on indirect transfers, commits government funds to recapitalise public sector banks, grants infrastructure status to affordable housing, provides tax relief for developers with completed unsold inventory, and expands agricultural credit to support farm income growth.
    February 2, 2017
    Show AI Summary
    Manufacturing and export incentives: fiscal, tax and policy measures to boost domestic production and MSME competitiveness.
    Union Budget 2017-18 advances manufacturing and exports by introducing a reduced corporate tax rate for companies with turnover up to Rs. 50 crore, revising start-up tax exemption and loss carryforward conditions, proposing abolition of the FIPB with further FDI liberalisation, extending MAT credit carry forward to 15 years, increasing incentives for electronics manufacturing, correcting inverted duties across sectors, launching the Trade Infrastructure for Export Scheme (TIES), and allocating capital for multimodal logistics, station modernisation, tourism zones and skills schemes.
    February 1, 2017
    Show AI Summary
    Tax reform and industry tax relief aim to boost competitiveness and formal employment following the new budget measures.
    The statement endorses the Union Budget 2017-18 as a development-oriented fiscal plan prioritising agriculture, rural development, and infrastructure investment to raise farmer incomes and generate employment; it notes the merger of the Railway budget for integrated transport planning and the establishment of a Railway Safety Fund, highlights enhanced allocations for skill development, housing, health and education, presents a digital-economy package to curb tax evasion, and describes tax reforms and changes to small industry taxation intended to relieve the middle class and improve competitiveness.
    February 1, 2017
    Show AI Summary
    Direct tax reforms: reduced rates for lower incomes and measures to boost housing, startups, digital payments, and transparency.
    Direct tax proposals revise Affordable Housing rules and capital gains treatment by redefining carpet area, extending completion timelines, deferring notional rental taxation, reducing the holding period for long-term capital gains, shifting the cost base year, expanding reinvestment options, and fixing tax timing for joint development. Complementary measures include start-up reliefs, corporate tax reductions for smaller firms, extended carry-forward of MAT/AMT credits, digital-economy incentives under presumptive taxation, tightened cash transaction limits, and enhanced transparency in electoral funding through donation limits and electoral bonds.
    February 1, 2017
    Show AI Summary
    Union budget 2017-18 advances fiscal, institutional and digital reforms with sectoral allocations and regulatory changes announced.
    The budget sets fiscal targets-fiscal deficit at 3.2% of GDP and revenue deficit at 1.9%-and allocates Rs. 21.47 lakh crores for 2017-18 with specified transfers to States and sectoral funding. It announces institutional reforms including abolition of the Foreign Investment Promotion Board, time bound listing mechanisms and a new ETF for CPSEs, permitting Security Receipt trading, expanded QIB status to systemically important NBFCs, a Payments Regulatory Board, a financial-sector CERT, bank recapitalisation funding, and legislative amendments for arbitration and illicit deposit schemes. Digitisation, rural, infrastructure, and social-sector programmes receive targeted allocations and new schemes.
    February 1, 2017
    Show AI Summary
    Income tax rate reduction for lower-income individuals reduces liabilities while adjusting rebates and adding a high-income surcharge.
    Budgetary measures reduce personal income tax rates for lower-income individuals while adjusting rebate provisions and levying a surcharge on higher-income individuals; extend MAT credit carryforward and reduce corporate tax for smaller companies; shorten holding period for immovable property and revise indexation for capital gains; cut customs duties on key inputs and grant concessions for renewable-energy and digital-payment devices; restrict large-cash transactions and cap deductible cash expenditures; and introduce electoral funding reforms including limits on cash donations and issuance of redeemable electoral bonds.
    February 1, 2017
    Show AI Summary
    Corporate tax reduction for smaller companies to boost MSME viability and encourage migration to corporate form.
    Reduction of corporate tax for smaller companies aims to enhance MSME viability and incentivise migration to company form by lowering the tax rate for qualifying smaller companies, with most companies expected to benefit and an estimated annual revenue forgone. MAT rules are amended to extend carryforward of MAT credit, preserving MAT as an advance levy while increasing the carryforward period. Complementary measures include a concessional withholding rate on foreign interest income, relaxed start-up loss carryforward conditions, increased NPA provisioning allowances and taxation on receipt for certain cooperative banks, and a reduced basic customs duty on LNG to promote domestic value addition.

    News

    Back

    All News

    Showing Results for :
    Reset Filters
      No Records Found

      News

      Back

      All News

      whatsappJoin Channel
      Showing Results for : Reset Filters

      FM holds his Fourth Pre Budget Consultation Meeting for Union Budget 2018-19 with the Stakeholders across Social Sector Organizations

      December 6, 2017

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      FM holds his Fourth Pre Budget Consultation Meeting for Union Budget 2018-19 with the Stakeholders across Social Sector Organizations

      FM agrees with Stakeholders demand that Administrative Ministries should release Welfare Schemes funds on priority to beneficiaries

      Stakeholders give suggestions spanning wide-ranging concerns in Social Sector from more funds for Education, Health, Child Protection, ICDS, Nutritional security, Old age care to Capacity Building and transparency in accounting among others.

      The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley today held consultations with the representatives from more than twenty Social Sector Stakeholder organizations. The stakeholders represented interests for Dalit Human Rights, Right to Food, Right to Education, Budget and Governance Accountability, Child Protection concerns, senior citizens’ needs, water conservation needs, nutrition and health concerns. FM agreed with Stakeholders demand that Administrative Ministries should release Welfare Schemes funds on priority to beneficiaries. Shri Jaitley said his Government is fully committed in ensuring cost effective fund utilization of the Welfare Schemes spanning the various Social Sector Ministries. The Finance Minister also welcomed the suggestions of the representatives desiring greater allocation of funds for Child protection schemes; Nutrition security concerns; more targeted benchmarks to improve quality of Government funded schools; healthcare for the elderly and incentives to ensure better employment conditions for working mothers; streamlining the vocational training to boost employment; aid paperless, presence less and cashless dealings with employers to ensure transparency for employees and address needs of labour in the Informal Sector.

      Along with the Finance Minister Shri Arun Jaitley, the Pre-Budget Consultative Meeting with the representatives of Social Sector Groups was also attended among others by Dr. Hasmukh Adhia, Finance Secretary, Shri Subhash Chandra Garg, Secretary (Economic Affairs), Shri Rakesh Srivastava, Secretary, Women & Child Development(WCD), Dr. Arvind Subramanian, Chief Economic Adviser (CEA) and Ms. Kalpana, Joint Secretary, Ministry of Labour and Employment.

      The representatives of various Social Sector Union Groups who attended the today’s meeting included among others Ms. Bina Pallical, Director, Economic Rights, National Campaign on Dalit Human Rights, Sree Harica, Programme Director, Mines Minerals and People, Ms Kavita Srivastava, Convenor, Right to Food Campaign, Asadullah, Programme Director, Centre for Budget and Governance Accountability, Shri Ambarish Rai, Convenor, Right to Education Forum, Bidisha Pilla, CEO, Save the Children, Shri Bipul Chatterjee, CUTS International, Ms. Yamini Aiyar, Research Fellow, Centre for Policy Research, Ms. Rukmini Banerjee, CEO, Pratham, Ms. Mirai Chatterjee, Director of Social Security, Self Employed Women’s Association (SEWA), Shri Mathew Cherian, CEO, Helpage India, Ms Komal Ganotra from Child Rights and You (CRY), Shri Manish Sabharwal, Chairman, TeamLease Services Ltd., Anil Nair, Deputy Head, Janaagraha Centre for Citizenship ad Democracy, Bin Chacko, Manager, World Vision India, Shri V. R. Raman, Head of Policy, WaterAid, Shri Subhas Singh, Chairman, National Confederation of Dalit Organization (NACDOR), Sehjo Singh, Programme Director, Actionaid and Ms Subhadra Menon from Kailash Satyarthi Childern’s Foundation.

      Topics

      ActsIncome Tax