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Live Updates for budget 15 - share your views !

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Mita Basak (Professional) (1921 Points)
Replied 28 February 2015

Basic corporate tax reduced to 25 percent over next four years
Propose to reduce the rate of corporate tax from 30% to 25%: Jaitley

Ayush (Executive ) (6440 Points)
Replied 28 February 2015

FY16 health sector allocation at Rs 3,31,500 cr #Budget2015


Brijesh B. Kesrani (freelanceraccounting) (59 Points)
Replied 28 February 2015

Thxs to creator of this forum

SONALDAHATONDE (student) (29 Points)
Replied 28 February 2015

Why the 4 years cap on reduced Corp tax?????


(Guest)

Exemptions for individual tax payers to continue



Mita Basak (Professional) (1921 Points)
Replied 28 February 2015

Hiding of income will face penalty of 300% of asset value: FM


Mita Basak (Professional) (1921 Points)
Replied 28 February 2015

Basic rate of CorporateTax to be reduced from 30% to 25% in next 4 years;to be accompanied by reducing exemptions #Budget2015


Ishita Sen (Finance Professional) (197 Points)
Replied 28 February 2015

  • Penalty for evaders will be 10 years in jail: FM
  • Comprehensive new law to tackle black money to be in place soon: FM
  • Bill to enforce action against Black Money will be tabled in Parliament: FM
  • Electronic filing of statements to track evaders and take action: FM

 


Brijesh B. Kesrani (freelanceraccounting) (59 Points)
Replied 28 February 2015

Thanks ish*ta sent


(Guest)

Propose to enact a comprehensive new law on black money to bring back black money stashed abroad. Comprehensive New Law on Black Money. Bill to be introduced in the current session



Mita Basak (Professional) (1921 Points)
Replied 28 February 2015

10% tax ease on royalty fee on tech services: FM #UnionBudget2015


Pradeep Upadhyaya (Owner) (21 Points)
Replied 28 February 2015

Thanks for this opportunity.


(Guest)

Additional surcharge of 2% on income of more than 1 crores

Replace wealth tax with a surcharge on super-rich, will lead to 9,000 cr additionally


Aruhi (Finance Professional) (6236 Points)
Replied 28 February 2015

Govt to reduce custom duty on 22 items
abolish wealth tax and replace it with 2% surcharge on super rich



Mita Basak (Professional) (1921 Points)
Replied 28 February 2015

For senior citizes: Tax-free cap on medical expenses raised to Rs 30,000, says FM



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