{"id":88761,"date":"2016-11-29T18:24:00","date_gmt":"2016-11-29T12:54:00","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=88761"},"modified":"2016-12-22T10:40:57","modified_gmt":"2016-12-22T05:10:57","slug":"the-taxation-laws-second-amendment-bill-2016-passed-in-lok-sabha","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/29\/the-taxation-laws-second-amendment-bill-2016-passed-in-lok-sabha\/","title":{"rendered":"The Taxation Laws (Second Amendment) Bill, 2016 passed in Lok Sabha"},"content":{"rendered":"

As reported by Times Now, the Lok Sabha passed the Taxation Laws (Second Amendment) Bill, 2016. The government \u00a0proposed to levy total tax, penalty and surcharge of 50 per cent on the amount deposited post demonetisation while higher taxes and stiffer penalty of up to 85 per cent await those who don’t disclose but are caught.<\/p>\n

For an overview of the amendments proposed in the Bill, click here<\/a>.<\/p>\n

Source: Times Now<\/p>\n","protected":false},"excerpt":{"rendered":"

As reported by Times Now, the Lok Sabha passed the Taxation Laws (Second Amendment) Bill, 2016. The government \u00a0proposed to levy total <\/p>\n","protected":false},"author":91,"featured_media":29801,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-88761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news"],"yoast_head":"\nThe Taxation Laws (Second Amendment) Bill, 2016 passed in Lok Sabha | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2016\/11\/29\/the-taxation-laws-second-amendment-bill-2016-passed-in-lok-sabha\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Taxation Laws (Second Amendment) Bill, 2016 passed in Lok Sabha\" \/>\n<meta property=\"og:description\" content=\"As reported by Times Now, the Lok Sabha passed the Taxation Laws (Second Amendment) Bill, 2016. 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