Current AffairsEconomics
0

AMENDMENTS TO THE FINANCE BILL, 2021

  • The Union Cabinet on Tuesday gave ex-post facto approval for the Government amendments to the Finance Bill, 2021. The bill has already been enacted as Finance Act 2021.
  • “The amendments were essential to clarify and rationalise the proposals further and address stakeholders’ concerns arising out of amendments proposed in the Finance Bill,” a statement issued by the Government said.
  • The amendments will provide equity and inclusiveness to all the taxpayers by addressing stakeholders’ concerns arising out of amendments proposed in the Bill, it further said..
  • The Government amendments to the Finance Bill, 2021 are tax proposals which shall generate timely revenue for the Government and streamline existing provisions by addressing grievances of the taxpayers.

Source -The Hindu

Tags: Current Affairs, Economics

More Similar Posts

Leave a Reply

Your email address will not be published.

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

October 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
Most Viewed Posts
Menu