Finance bill

No risk of India’s sovereign rating downgrade, FM Sitharaman tells Parliament 

The Upper House debated the bill on Wednesday, but returned it without suggesting any change or amendment.

published on : 25th March 2021

Amid Congress ruckus over CD gate, House passes Finance Bill sans debate

Treasury not Akshayapatra, says BSY, defending move to borrow; Total liabilities pegged at 26.9% of GSDP, but CM says govt will try to keep it under 25%  

published on : 25th March 2021

Parliament nod to Budget for FY22; Sitharaman says no risk of India's rating downgrade

The bill was debated in the Upper House, which returned it without suggesting any change or amendment.

published on : 24th March 2021

Amend Acts by bringing amendments and not through Finance Bill route: Jairam Ramesh

As per the Constitution, a money bill may only be introduced in the Lok Sabha, which can pass it by a simple majority of all members present and voting.

published on : 24th March 2021

Rajya Sabha returns Finance Bill 2021, completing approval for Budget

The two houses had previously approved the Appropriation Bill, authorising spending of certain sum of money.

published on : 24th March 2021

Government raises provident fund threshold limit to Rs 5 lakh for earning tax-free interest

This would be applicable to those cases where no contribution is made by employers to the retirement fund.

published on : 23rd March 2021

Govt raises provident fund threshold limit to Rs 5 lakh for earning tax-free interest

Finance Minister Nirmala Sitharaman stressed that tax on interest on provident fund contribution affects only 1 per cent of the contributors.

published on : 23rd March 2021

Inequality rising under NDA govt: Congress during debate on Finance Bill

Singh said except agriculture, all sectors have been suffering due to "wrong" policies adopted by the central government.

published on : 23rd March 2021

Government proposes permitting premature closure of Public Provident Fund account

The government proposes to allow premature closure of Public Provident Fund accounts and permit opening of small savings accounts in the name of minor, the finance ministry said today.

published on : 13th February 2018