Lok Sabha passes Income tax amendment bill
IANS 29 November 2016
The Lok Sabha on Tuesday passed the Taxation Laws (Second Amendment) Bill, which amends the Income-tax Act, 1961, and the Finance Act, 2016.
 
The bill, moved by Union Finance Minister Arun Jaitley, was passed by voice vote amid a ruckus created by the opposition parties over the demonetisation.
 
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Comments
B. Yerram Raju
9 years ago
If Income Tax department were efficient there would have been no need for this gigantic effort. Income Tax department and a host of auditors and CAs practicing Income Tax audits have perpetrated corruption and it is at the roots of IT department. Government is re-engaging the retired corrupt ITO staff for scrutiny. Only when the corrupt IT officials are booked in the public glare and that too in nooks and corners of the country, can the evil of corruption can vanish in this department. But who has to bell the cat?
S K Nataraj
9 years ago
Be ruthless, Modiji. Crack your whip and spread your net wide for the big fish.
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