Centre has brought an amendment to the Finance Bill 2024, to allow taxpayers to select either a 12.5 per cent long-term capital gains tax rate without indexation or a 20 per cent rate with indexation for property acquired before July 23 this year.
The finance bill introduced in the Parliament proposed tax hikes, which led to an outpouring of anger and massive protests throughout Kenya. Despite President William Ruto withdrawing the bill, some Kenyan protesters said they did not believed him and continued the demonstrations.
Kenya's President came to power by appealing to the common people, describing himself as a “hustler” and vowing relief from economic pain. But Tuesday's deadly chaos in the capital, Nairobi, shows how far support for him has turned.
Police opened fire on angry protesters as they stormed into the Parliament and set fire to several sections of the building on Tuesday. The controversial bill sought to add new taxes in the impoverished country reeling from several economic shocks after the COVID-19 pandemic.
India's advisory came after the situation in Kenya escalated when police resorted to opening fire on protesters as they stormed into the parliament building. Thousands are protesting over a finance bill that introduces new taxes in the impoverished nation.
Auma Obama, a Kenyan activist and former US President Barack Obama's half-sister, was barely able to speak or see after she was hit by tear gas fired by Kenyan police. Thousands of people stormed the parliament against a controversial bill and police opened fire on the protesters.
Thousands of angry protesters demanded over a controversial finance bill that would introduce new taxes in the impoverished African nation. As things turned chaotic, police resorted to open live fire on protesters, resulting in the deaths of at least ten people in Nairobi.
Union Finance Minister Nirmala Sitharaman moved 'The Finance Bill 2023' in the Lok Sabha, which gives effect to the financial proposals of the central government for the financial year 2023-24 to be taken into consideration.
The Finance bill 2020 was moved for passage in the House by Finance Minister Nirmala Sitharaman and was passed without discussion.
Finance Minister Nirmala Sitharaman on Thursday said that the tax proposals in the Finance Bill 2019 are aimed at improving the ease of living and reducing the pain of the citizens
President Pranab Mukherjee gave his assent to Finance Bill 2017 before he left for Assam on Friday making it effective from today i.e., April 1.
The Parliament today approved the Finance Bill 2017 with the Lok Sabha rejecting all the five amendments passed by the Rajya Sabha.
The government today faced a major embarrassment in the Rajya Sabha as five of the amendments moved by the opposition to the Finance Bill were adopted before the bill was returned to the Lok Sabha.
An amendment to the Companies Act of 2013 removes the cap that barred companies from donating more than 7.5 per cent of their average net profit to a political party.
The Lok Sabha on Wednesday passed the Finance Bill 2017, paving the way for making Aadhar mandatory for tax returns. In a step aimed at curbing tax evaders, Union Finance minister Arun Jaitley has proposed
The proposals have been moved by the government in the form of amendments to the Finance Bill 2017
Union Finance Minister Arun Jaitley today announced that the Finance Bill will be passed by the Parliament before March 31, 2017.
New Delhi: Finance Ministry today clarified that LPG subsidy received by individuals in their bank accounts will continue to be exempt from income tax. The clarification follows doubts being raised by tax experts over an
New Delhi: Entry tickets to museums, zoo and tiger reserves would become cheaper, while business class air travel, investment in MFs and chit funds would become expensive with some of the service tax proposals announced
New Delhi, May 2: Opposition Bharatiya Janata Party Thursday walked out of the Rajya Sabha after the Finance Bill 2013 was introduced, saying it was dissatisfied with the moral standards of the government and thus
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