Union Budget News

ICAI invites suggestions for Pre-Budget Memorandum 2023

23 September 2022 at 17:21

The Direct Taxes Committee, GST & Indirect Taxes Committee and Committee on International Taxation of ICAI are in the process of identifying issues for inclusion in the Pre-Budget Memoranda - 2023

Posted in Union Budget | 2568 Views

Tax Revenues in 2021-22 exceed the Union Budget estimates by Rs. 5 lakh crore

08 April 2022 at 16:47

The tax revenue in the Union Budget for 2021-22 was estimated at ₹22.17 lakh crore against the revised estimates of ₹19 lakh crore, with a growth of 17%

Posted in Union Budget | 2556 Views

Union Budget 2022-23 encourages power of youth: FM Nirmala Sitharaman

09 March 2022 at 08:40

Union Finance Minister Nirmala Sitharaman said that Union Budget 2022-23 recognises and encourages the potential of youth, their technological skills and entrepreneurial spirit.

Posted in Union Budget | 2265 Views

FM says Union Budget aptly supports next phase of growth and aspirational economy

09 March 2022 at 08:40

The Ministry of Finance organised a Post-Budget Webinar on theme of 'Financing for growth and aspirational economy' here today.

Posted in Union Budget | 2229 Views

Union Budget 2022-23 aimed at making India future-ready: Shri Piyush Goyal

07 February 2022 at 08:57

Union Budget 2022-23 is a direction setting budget aimed at making India future ready - Shri Piyush GoyalUnion Minister for Commerce and Industry, Textiles and Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal today termed the Union

Posted in Union Budget | 2184 Views

Significant Direct Tax Proposals in the Finance Bill 2022

04 February 2022 at 16:46

Direct Tax Proposals in the Finance Bill 2022 under Union Budget 2022!!

Posted in Union Budget | 4044 Views

Sec 115BBD: Withdrawal of concessional taxation rate on dividend income

03 February 2022 at 17:25

Withdrawal of concessional rate of taxation on dividend income under section 115BBD1. Section 115BBD of the Act provides for a concessional rate of tax of 15 % on the dividend income received by an Indian company from a foreign company in which the s

Posted in Union Budget | 5226 Views

IT exemption under certain clauses of Sec 10 withdrawn

03 February 2022 at 17:24

Withdrawal of exemption under clauses (8), (8A), (8B) and (9) of section 10 of the Income-tax Act, 1961- reg1. Clause (8) of the section 10 of the Act provides for exemption to the income of an individual who is assigned duties in India in connection

Posted in Union Budget | 1 comments | 2712 Views

Sec 276BB to be included for prosecution against persons failing to pay TCS

03 February 2022 at 17:24

Alignment of the provisions relating to Offences and Prosecutions under Chapter XXII of the ActSections 269UC/UE/UL along with other provisions of Chapter XX-C have been made inapplicable with effect from 01.07.2002. Vide Finance Act, 2002, section 2

Posted in Union Budget | 2115 Views