The Lok Sabha has passed the Taxation Laws (Amendment) Bill 2016 to pave the way for employers in the textile sector to avail of the income tax benefit. The Bill seeks to amends the Income Tax Act (IT), 1961 and the Customs Tariff Act, 1975. These ch

The Union Cabinet has approved liberalization of foreign investment norms for the non-banking finance companies (NBFCs) to improve the ease of doing business. Decision in this regard, Union Cabinet meeting chaired by Prime Minister Narendra Modi in N

Goods and Service Tax (GST) Bill (122nd Constitutional Amendment Bill), which is considered as a biggest indirect tax reform in independent India’s history, was passed by the Rajya Sabha with support from all major political parties except AIAD

The , Lok Sabha on 1 August 2016 passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill2016. The bill seeks to amend four laws: • The Securitisation and Reconstruction of Financ