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Parliament Monsoon Session: PM Modi-led govt to face no-confidence motion; Rahul Gandhi likely to open debate

Parliament Monsoon Session: PM Modi-led govt to face no-confidence motion; Rahul Gandhi likely to open debate
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Parliament Monsoon Session: Modi Government To Face No-Confidence Motion; Rahul Gandhi Likely to Open Debate in Lok Sabha Today

Congress leader Rahul Gandhi, whose parliamentary membership was restored on Monday, is likely to open the discussion on the no-confidence motion in the Lok Sabha on Tuesday. Parliament Monsoon Session: Modi Government To Face No-Confidence Motion; Rahul Gandhi Likely to Open Debate in Lok Sabha Today.

Modi govt to face no-confidence motion today; Rahul Gandhi to open debate

Modi govt to face no-confidence motion today; Rahul Gandhi to open debate
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corporate tax: Government lost Rs 1 lakh crore in taxes in FY 21 due to corporate tax cut, says MoS Finance

The Indian government lost over INR 1 lakh crore in FY 2020-21 due to a cut in corporate taxes announced in September 2019. The base corporate tax for existing companies was reduced to 22%, while for new manufacturing firms it was cut to 15%. Companies opting for these new rates had to give up all exemptions and incentives.

BCCI paid Rs 1,159 cr income tax in 2021-22, 37% higher than last year

In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary gave details of the income tax paid by the BCCI and its income and expenditures in the last five years based on the returns filed.

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