Search For "finance bill 2020"

Lok Sabha passes Finance Bill 2020 without discussion
Updated : 10 months ago IST
New Delhi [India], Mar 23 (ANI): The Lok Sabha on Monday passed by voice vote Finance Bill 2020 that seeks to give effect to the financial proposals of the Central Government for 2020-21.
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BJP issues whip to its MPs asking them to be present in Lok Sabha
Updated : 10 months, 1 week ago IST
New Delhi [India], Mar 18 (ANI): Bharatiya Janata Party (BJP) on Wednesday issued a three-line whip to its Lok Sabha MPs asking them to be present in the House tomorrow and support the Finance Bill 2020 during the ongoing Budget session of the Parliament.
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Finance Bill 2020 proposes amendment to levy 5 pc tax on overseas
Updated : 11 months, 1 week ago IST
New Delhi [India], Feb 14 (ANI): The Finance Bill 2020 has proposed an amendment to Section 206C to levy 5 per cent tax collection at source (TCS) on overseas remittance and for the sale of the overseas tour package.
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NAREDCO calls for withdrawing tax on dividend received by InvIT/RE
Updated : 11 months, 1 week ago IST
Mumbai (Maharashtra) [India], Feb 12 (ANI): The National Real Estate Development Council (NAREDCO) has urged the Centre to withdraw tax on the dividend received by unitholders of infrastructure investment trusts (InvITs) and real estate investment trusts (REITs).
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Govt explains residency criteria for NRI, gives example of 'tie br
Updated : 11 months, 3 weeks ago IST
New Delhi [India], Feb 2 (ANI): An Indian citizen who is having a permanent home in the UAE and has his employment or business in the UAE and most of the time stay in the UAE would not be hit by a new provision in the Finance Bill 2020 and would remain resident of the UAE, said the governmen
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Govt clarifies on new definition of NRI under Finance Bill 2020
Updated : 11 months, 3 weeks ago IST
New Delhi [India], Feb 2 (ANI): The government on Sunday issued a clarification on the new definition of NRI, stating that "in case of an Indian citizen, who becomes deemed resident of India under this proposed provision (Finance Bill 2020) shall not be taxed in the country unless it is d
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