GST cuts likely soon, rationalising of rates possible: FM Nirmala Sitharaman in Rajya Sabha

GST cuts likely soon, rationalising of rates possible: FM Nirmala Sitharaman in Rajya Sabha

Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday that a reduction in goods and services tax (GST) can be expected. She stated that the GST Council is currently working on streamlining the rate slabs for Goods and Services Tax. Additionally, the finance minister highlighted that there has been a significant decrease in GST … Read more

GST Council Meeting: Can online gaming companies expect some cut from 28% tax limit?

GST Council Meeting: Can online gaming companies expect some cut from 28% tax limit?

GST meeting: At the GST meeting, central and state tax officials are expected to present a detailed “status report” regarding taxation related to online gaming and similar activities. This report will specifically outline the collection of GST revenue from the online gaming industry both pre and post October 1, 2023.   As of October 1, … Read more

Capital Gains Tax: Govt earned around Rs 99,000 cr on listed equities, MoS Finance tells Parliament

Capital Gains Tax: Govt earned around Rs 99,000 cr on listed equities, MoS Finance tells Parliament

The NDA government has earned Rs 98,681 crore from long term capital gains tax on listed equities in 2022-23, which is about 15 per cent growth over the last year, Minister of State for Finance Pankaj Chaudhary told Rajya Sabha on Tuesday.  Chaudhury also shared collections from Long Term Capital Gains (LTCG) tax between fiscal … Read more

Parliament Budget Session February 10 Live Updates | MPs gear up for last day of the 17th Lok Sabha

Parliament Budget Session February 10 Live Updates | MPs gear up for last day of the 17th Lok Sabha

New Delhi, Feb 09 (ANI): Proceedings of the Lok Sabha are underway during the Budget Session of Parliament, in New Delhi on Friday. (ANI Photo/Sansad TV) | Photo Credit: ANI The BJP has issued a whip to its MPs in the Lok Sabha as well as the Rajya Sabha, while the Congress has issued a … Read more

Parliament Budget Session Day 5 Live Updates on Feb 6, 2024

Parliament Budget Session Day 5 Live Updates on Feb 6, 2024

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Budget session of Parliament, in New Delhi, on February 5, 2024. | Photo Credit: PTI The Finance Bill, 2024 will be brought up for consideration and passage in the Lok Sabha by Union Finance Minister Nirmala Sitharaman on Tuesday. The Interim Union Budget … Read more

Jairam Ramesh writes to RS Chairman Dhankhar on ‘political sloganeering’ from visitor’s gallery, demands action

Jairam Ramesh writes to RS Chairman Dhankhar on ‘political sloganeering’ from visitor’s gallery, demands action

Congress MP Jairam Ramesh in the Rajya Sabha during the Special Session of the Parliament, in New Delhi on September 20, 2023. | Photo Credit: ANI Senior Congress leader Jairam Ramesh on September 24 wrote to Rajya Sabha Chairman Jagdeep Dhankhar demanding urgent action over the incident of “political sloganeering” by a group of people … Read more

Parliament functioned for less than half of scheduled time, but legislative activity remained high: Data

Parliament functioned for less than half of scheduled time, but legislative activity remained high: Data

Lok Sabha Speaker Om Birla and Rajya Sabha Chairman Jagdeep Dhankar during the monsoon session of Parliament, in New Delhi. File | Photo Credit: ANI/Sansad TV Lok Sabha functioned for only 43% of its scheduled time and Rajya Sabha 55% in the just-concluded Monsoon session but legislative activity remained high with 23 bills being passed, … Read more

Morning Digest: August 11, 2023

Morning Digest: August 11, 2023

Union Ministers and BJP MPs stand up to vote against the no-confidence motion after Prime Minister Narendra Modi’s speech in the Lok Sabha on August 10, 2023. Photo: Sansad TV via ANI Peace will be restored in Manipur, PM Modi assures Lok Sabha Government wins the no-confidence motion; Modi asks the Opposition to try again … Read more

Mandatory for OTT platforms to display anti-tobacco warnings on screen: MoS Baghel

Mandatory for OTT platforms to display anti-tobacco warnings on screen: MoS Baghel

The government has made it mandatory for OTT platforms to display an anti-tobacco health warning as a prominent static message at the bottom of the screen during the period of a tobacco product being displayed or used in a programme, the Rajya Sabha was told on July 25. The government notified the Cigarettes and other Tobacco Products … Read more

877 foreign companies ceased their ‘place of business’ in India between 2014 & November 2021

877 foreign companies ceased their ‘place of business’ in India between 2014 & November 2021

Total 877 foreign companies have ceased their ‘place of business’ in India between 2014 to November 2021. The Ministry of Corporate Affairs in a written reply in Rajya Sabha on Tuesday said that Ford and Harley Davidson have not closed their place of business in India. “Information about ‘ceasing of operations’ is not maintained by … Read more