Sunday, 23 January, 2022
TopicFinance Bill

Topic: Finance Bill

Relief for India’s overseas students, govt cuts 5% ‘tax at source’ Budget proposal to 0.5%

Among amendments to the Finance Bill moved by Nirmala Sitharaman, the govt has clarified that NRIs will only be taxed on income they earn in India.

Lok Sabha passes Finance Bill without discussion

The govt said it was an 'extraordinary situation', a reference to the coronavirus pandemic, as Finance Minister Nirmala Sitharaman tabled the bill for passage.

Losing govt’s grip to winning people’s trust – a lot is riding on CJI Gogoi’s last 4 cases

The four cases hold the power to establish whether Supreme Court decisions are made on constitutional principles or as per popular public perception.

Parliament passes Finance Bill on last day of budget session without debate

The interim budget, Appropriation Bills and Finance Bill were passed by a voice vote in the Upper House.

ED to get 9 extra months to probe property attached in money laundering cases

Instead of the current limit of 90 days, the Finance Bill 2019 proposes to amend the PMLA to give ED a whole year to investigate cases.

Law Ministry upholds EC concerns on electoral bonds, says they ‘appear genuine’

RTI shows EC didn’t follow up on letter after raising concerns; parties don’t have to reveal names of electoral bond contributors.

Don’t believe the BJP and Congress claims that they’re cleaning up poll funding

The larger lesson is clear: in an era when the Congress & the BJP can agree on next to nothing, they will gladly join hands to save their own skin.

On Camera

YourTurn

File photo of students protesting against the reservation in Bandra | Representational image | ANI Photo

Indian drawing room talk on ‘merit’ stands demolished by Supreme Court NEET ruling

Supreme Court's explanation on the constitutional validity of OBC quota in NEET rejects commonly held views of dominant castes who are blind to India's social realities.
A visual representation of the digital Cryptocurrency, Bitcoin alongside US dollars | Photo: Dan Kitwood | Getty Images via Bloomberg

Joe Biden administration set to put itself at centre of US cryptocurrency policy

An executive order is being drafted which will soon set in place a govt strategy empowering US federal agencies to assess risks and opportunities posed by the digital assets.

Defence

German Navy chief Vice Admiral Kay-Achim Schonbach | Twitter: @chiefdeunavy

China ‘not that nice country’, giving money to dictators & killers: German Navy chief in India

Vice Admiral Kay-Achim Schonbach later issued a clarification, saying comments were his 'personal view' and not German defence ministry's, and expressing them was a 'mistake'.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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