Others News
Proposal to provide for grant of interest in case of refund of excess payment of TDS
01 February 2017 at 14:42Finance Minister announces several anti graft and rationalisation measures in the field of Income tax Accountants or merchant bankers furnishing incorrect information to face penalty Income of the Chief Minister’s Relief Fund and the Lieutenant
Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore
01 February 2017 at 14:42Finance Minister unveils string of measures towards Ease of Doing Business Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore; Threshold for maintenance of books for individuals and HUF more than doubled Individual
Tax rates reduced to 5% for individuals between 2.5 and 5 lac slab
01 February 2017 at 14:40Finance Minister announces several measures for revenue mobilization in the General Budget 2017-18 along with a reduction in tax rates for small tax payers In a major relief to small taxpayer and to bring more people in the tax net, the Union Financ
Download the complete Finance Bill, 2017
01 February 2017 at 14:39THE FINANCE BILL, 2017
Key Features of Budget 2017-2018
01 February 2017 at 14:36Key Features of Budget 2017-2018
Budget proposes No Cash Transaction above Rs 3 lakh
01 February 2017 at 14:36Budget gives a major push to Digital Economy; proposes No Cash Transaction above Rs 3 lakh Government to launch schemes to promote BHIM app, Aadhar Enabled Payment System Mission to be set-up to achieve a target of 2500 Cr digital transactions in 201
Budget 2017 Speech of FM
01 February 2017 at 14:15Budget 2017-2018Speech ofArun JaitleyMinister of FinanceFebruary 1, 2017Madam Speaker,On this auspicious day of Vasant Panchami, I rise to present the Budget for 2017-18. Spring is a season of optimism. I extend my warm greetings to everyone on this
Property Tax can be tapped to generate Additional Revenue at City Level
31 January 2017 at 16:10The Economic Survey 2016-17, presented today in the Parliament by the Union Finance Minister Shri Arun Jaitley, stated that Urban Local Bodies (ULBs), having primary responsibility for the development and service provisioning of cities
Fiscal activism embraced by advanced economies not relevant for India: Economic Survey
31 January 2017 at 16:09Fiscal activism embraced by advanced economies not relevant for India: Economic Survey 2016-17 India’s economic experience underscores fundamental validity of fiscal policy principles in FRBM Act 2003: Economic Survey 2016-17 India’s eco
GDP growth in 2017-18 is projected at 6.75 to 7.5 percent Post-demonetisation
31 January 2017 at 16:09GDP growth in 2017-18 is projected at 6 ¾ to 7 ½ percent Post-demonetisation Middle class to get affordable housing due to fall in Real Estate prices Remonetisation to eliminate cash squeeze by April 2017. The Government says that the a
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