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Tag: Minister of State for Finance

ED declares 9 defaulters as fugitive economic offenders: Minister of State for Finance

Posted on July 30, 2024 By admin
ED declares 9 defaulters as fugitive economic offenders: Minister of State for Finance

Pankaj Chaudhary. File | Photo Credit: The Hindu The Directorate of Enforcement (ED) has declared nine defaulters as Fugitive Economic Offenders, Minister of State for Finance Pankaj Chaudhary informed Parliament on July 30. “The Fugitive Economic Offenders Act, 2018 (FEOA) has been enacted for the attachment and confiscation of property of a fugitive economic offender,”…

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No review of Uniform Civil Code impact on HUFs: Finance Ministry

Posted on July 26, 2023 By admin
No review of Uniform Civil Code impact on HUFs: Finance Ministry

Minister of State for Finance Pankaj Choudhary. File The number of Hindu Undivided Families (HUFs) availing tax benefits under the Income Tax Act stood at almost 8.76 lakh in 2022-23, the lowest in at least five years. The impact on their tax treatment under a Uniform Civil Code (UCC) has not yet been examined, the…

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