You are here: Home » Economy & Policy » News
SC lifts NPA standstill, rejects moratorium extension and interest waiver
Let states come and discuss tax on fuel in GST Council meeting: FM
Business Standard

Finance Bill gives relief on digital tax, provident fund threshold

Tax breaks for DFIs; way for LIC listing cleared

Topics
digital tax | Provident Fund | Development finance institutions

Shrimi Chaudhary Dilasha Seth & Bindisha Sarang  |  New Delhi 



nirmala sitharaman
In the Budget presented last month, the finance minister had proposed to tax interest earned on EPF contributions of more than Rs 2.5 lakh annually

Parliament on Tuesday cleared changes to the finance Bill 2021, doubling the minimum limit of employee contribution to to over Rs 5 lakh for the purpose of taxation with some riders, paving the way for the listing of (LIC), exempting Indian-owned assets sold on digital platforms from equalization levy, and giving tax holidays for the proposed (DFIs).

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, March 24 2021. 01:50 IST

RECOMMENDED FOR YOU

.