The stakeholders expected the government to defer the levy for some time, considering the COVID crisis and to release clarifications on the scope of the levy. Have you read these stories? October CPI rises to 4. October CPI rises mildly to 4. ET NOW. Brand Solutions.
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Reshape Tomorrow Tomorrow is different. Let's reshape it today. Corning Gorilla Glass TougherTogether. ET India Inc. ET Engage. ET Secure IT. Lok Sabha passes tax amendment bill, will help settle disputes with Cairn, Vodafone Scrapping of retro tax clause of Finance Act will now settle the long-drawn litigation with Vodafone Group and Cairn Energy omitting a prime obstacle to overseas investment.
Cabinet gives ex-post facto approval for amendments to Finance Bill, The Finance Bill became the Finance Act, on March 28, after receiving the President's nod. One Comment S K Chauhan says:. March 15, at pm. Cancel reply Leave a Comment Your email address will not be published. Latest Posts. Popular Posts.
Featured Posts. Newsletter Join our newsletter to stay updated on Taxation and Corporate Law. The government is committed, where possible, to publishing most tax legislation in draft for technical consultation before the relevant Finance Bill is laid before Parliament.
The consultation on draft clauses is intended to make sure that the legislation works as intended. Finance Bill legislation and explanatory notes.
Abolition of receipt checking for benchmark scale rates and changes to overseas scale rates. Income Tax rent a room relief. Simplification of donor benefits rules for Gift Aid.
Changes to Optional Remuneration Arrangements rules for taxable cars and vans. Workplace charging for all-electric and plug-in hybrid vehicles. Changes to the treatment of emergency vehicles for private use. Reform of employer contributions into life assurance and overseas pension schemes. Income Tax and Corporation Tax response to accounting changes for leasing.
Corporation Tax changes to the corporate interest restriction rules. Climate Change Levy exemption for mineralogical and metallurgical processes. Changes to the Corporation Tax reform of loss relief rules. Oil and gas taxation: transferable tax history and retention of decommissioning expenditure. Tobacco duty on heated tobacco. New still cider and perry bands for Alcohol Duty. HGV Levy. VAT grouping eligibility criteria changes. Exempt zero-emission capable taxis from Vehicle Excise Duty expensive car supplement.
Changes to Gaming duty accounting periods and administration.
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