Finance Bill, 2022 passed in Lok Sabha

The Lok Sabha on March 25 passed the Finance Bill 2022, which gives effect to new taxation, thus completing the Budgetary exercise for 2022-23 fiscal. The Finance Bill was approved by the Lower House after accepting 39 official amendments moved by Finance Minister Nirmala Sitharaman and rejecting the amendments proposed by the opposition by voice […]

Finance Minister asks tax officers to address taxpayer concerns

Finance minister Nirmala Sitharaman on Monday highlighted that the Union Budget 2022-23 provided a tax predictable regime and vision for the next 25 years, in a post Budget interaction with industry in Bengaluru. She said the PM Gati Shakti project will help the industry by providing logistical convenience. “This Budget stands more for continuity, to […]

Union Budget 2022-23 is a direction setting budget aimed at making India future ready – Shri Piyush Goyal

Source: Press Release dated 05.02.2022 Union Minister for Commerce and Industry, Textiles and Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal today termed the Union Budget 2022-23 as a direction setting budget, addressing both macro-economic and micro-economic concerns, looking at inclusive development. Speaking at a Public Function to explain the nuances of the Union […]

A DRI Story

By, G Natarajan, Advocate, Swamy Associates Note: This article was published in TIOL The high rates of customs duties, the penchant for foreign articles and the volatile nature of our country’s border after its Independence has given rise to various smuggling operations and it was felt that a centralised agency is required to deal with […]

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