Articles by PRS Team - March, 2017

The long title of this year’s Finance Bill states that it “gives effect to the financial proposals of the Central Government for the financial year 2017-18”. This is because the Finance Bill typically includes provisions that give effect to the imposition of a...
Typically, during every Budget session, Parliament passes a Finance Bill which details the tax proposals of the central government. This year, in addition to tax proposals, the Finance Bill 2017 contained several amendments that made structural changes to 26...
When nations go to war, they often seize the properties in their countries of the citizens and corporations of the enemy country. This happened during the First and the Second World Wars when both the United States and the United Kingdom seized properties of...