Govt solidly behind PSU Banks. Will provide 25000 crore for banks recapitalisation. #UnionBudget2016 #BudgetwithCCI
Live updates and discussion budget 16
Page no : 4
Ayush
(Executive )
(6760 Points)
Replied 29 February 2016
Department of Disinvestment to be renamed as Department of Investment and Public Asset Management
Shweta Purohit
(Associate Editor)
(138 Points)
Replied 29 February 2016
The fiscal target has been set 3.5% of the GDP
Ayush
(Executive )
(6760 Points)
Replied 29 February 2016
Fiscal deficit for FY 2016-17 targeted at 3.5%
Siddharth Bagaria
(Apprentice)
(24 Points)
Replied 29 February 2016
Rebate under section 87A increased from 2000 to 5000:FM
Siddharth Bagaria
(Apprentice)
(24 Points)
Replied 29 February 2016
80GG regarding deduction on rent paid limit increase from 24000 to 60000 P.A:FM
Siddharth Bagaria
(Apprentice)
(24 Points)
Replied 29 February 2016
Corporate Tax rate @ 29%+Surcharge+Cess for companies having turnover <5 lacs:FM
Arpit Shah
(Accountant)
(21438 Points)
Replied 29 February 2016
Relief to those in rented houses: deduction raised from Rs 24,000 to Rs 60,000 under Section 88G
Arpit Shah
(Accountant)
(21438 Points)
Replied 29 February 2016
Corporate income tax: Incentives for new manufacturing companies and relatively small enterprise companies
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