Category: BUDGET SESSION

Only India & B’desh have I-T limits much higher than average income

By Sanjeev Sharma New Delhi, Feb 2 (SocialNews.XYZ) Only India and Bangladesh have income tax limits that are much higher…

3 years ago

400 Vande Bharat trains in 3 years, a moment of pride: Train Creator

Chennai, Feb 2 (SocialNews.XYZ) It was a moment of great pride for the team that created Vande Bharat trains (also…

3 years ago

Concessional tax regime on foreign sourced dividends to be withdrawn

New Delhi, Feb 1 (SocialNews.XYZ) Indian companies receiving dividend payments from their foreign-based subsidiaries will be taxed more than the…

3 years ago

Budget FY23: Next phase of Ease of Doing Business, Ease of Living to be launched

New Delhi, Feb 1 (SocialNews.XYZ) The Central government plans to launch the next phase of 'Ease of Doing Business' as…

3 years ago

Budget 2022-23 pushes for green clearances, activists cry foul

New Delhi, Feb 1 (SocialNews.XYZ) The Budget 2022-23 on Tuesday has provisions for faster green clearances and expanding scope for…

3 years ago

MCD should have been allocated some amount in Union Budget, says Sisodia

New Delhi, Feb 1 (SocialNews.XYZ) Slamming the Union Budget 2022-23, Delhi Deputy Chief Minister Manish Sisodia on Tuesday said that…

3 years ago

Tax incentives, Customs rationalisation to help capture supply chain shift from China to India

New Delhi, Feb 1 (SocialNews.XYZ) Regulations around tax incentives and Customs rationalisation will help capture the shift in the manufacturing…

3 years ago

Centre imposes 1% TDS on payments for transfer of virtual assets

New Delhi, Feb 1 (SocialNews.XYZ) The Centre proposes to impose one per cent Tax Deduction at Source (TDS) on payments…

3 years ago

YSRCP terms Union Budget ‘disappointing’

Amaravati, Feb 1 (SocialNews.XYZ) Andhra Pradesh's ruling YSR Congress Party (YSRCP) has termed the Union Budget 2022-23 "disappointing". The party…

3 years ago

TDS at 1% of stamp duty value of property

By Sanjeev Sharma New Delhi, Feb 1 (SocialNews.XYZ) The Union Budget has introduced a provision to provide that in case…

3 years ago

Atomic energy sector to get Rs 32,342 crore

New Delhi/Chennai, Feb 1 (SocialNews.XYZ) The Department of Atomic Energy (DAE) has asked for an allocation of about Rs 32,342…

3 years ago

India expected to become $5 tn economy by FY26 or FY27: CEA

New Delhi, Feb 1 (SocialNews.XYZ) India is expected to become a $5 trillion economy by FY26 or FY27 if the…

3 years ago

Budget FY23: Ministry of Education allocated record Rs 1 lakh crore

New Delhi, Feb 1 (SocialNews.XYZ) The Ministry of Education has received a record budgetary allocation for the upcoming financial year.…

3 years ago

More allocations for most UTs in Budget 2022-23

New Delhi, Feb 1 (SocialNews.XYZ) The Union Budget 2022-23 has allocated more funds to the Ministry of Home Affairs-administered Union…

3 years ago

Budget proposed C-PACE for accelerated corporate exit process

New Delhi, Feb 1 (SocialNews.XYZ) The Centre plans to implement an accelerated corporate exit process in fiscal 2022-23. A Centre…

3 years ago

Always irresponsible comments as criticism, I pity Congress: Sitharaman on Rahul

New Delhi, Feb 1 (SocialNews.XYZ) Reacting to Congress leader Rahul Gandhi's comments on the budget, Union Finance Minister Nirmala Sitharaman…

3 years ago

New legislation proposed to replace SEZ Act

New Delhi, Feb 1 (SocialNews.XYZ) The Centre plans to implement a new Special Economic Zones Act which will enhance the…

3 years ago

Bonus, dividend stripping rules extended to InvIT, REIT and AIF

New Delhi, Feb 1 (SocialNews.XYZ) Provisions pertaining to bonus stripping and dividend stripping will now be made applicable to securities…

3 years ago

Despite shortfalls, budget to prepare strong foundation for India’s ‘techade’

New Delhi, Feb 1 (SocialNews.XYZ) Hailing the Union Budget on digital skilling and digitisation of education to prepare a strong…

3 years ago

Govt cuts Customs duty on some mobile parts, industry seeks more

New Delhi, Feb 1 (SocialNews.XYZ) The government on Tuesday announced duty concessions on certain mobile phone parts that may make…

3 years ago



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