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Live updates and discussion on Budget
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Share your Expectations/updates/views on Union budget 2018
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85.51 lakh new taxpayers have filed returns for FY17: FM
Growth of 12.6% in direct taxes LAST YEAR 18.7% upto 15th jan 2018
100% deduction to Farmer Producer Companies. Boost to Sampada Yojana.
Budget Speech: Demonetisation was received by honest tax-payers as "Imaandari ka Utsav"
41% more returns filed liberalisation of presumptive income scheme for traders, professionals..
No adjustment for capital gains if circle rate value doesn't exceed 5% of consideration
Budget Speech: Proposal to extend reduction of corporate tax to 25% to firms with turnover of Rs 250 crore
Corporate tax rate reduced to 25% for SMEs having turnover upto 250crores
Current Income Tax rate for Individuals to stay same.
Tax relief for salaried taxpayers for transport and medical allowance.
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