Others News

MAT allowed to be carry forward to 15 years instead of 10

01 February 2017 at 14:44

In order to make ,MSME companies more viable, income tax for smaller companies with annual turnover upto Rs. 50 Crore is reduced to 25% Government allows carry forward of minimum alternate tax (mat) upto a period of 15 years instead of 10 years To gi

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Detailed Provisions relating to Direct taxes in Budget

01 February 2017 at 14:43

FINANCE BILL, 2017PROVISIONS RELATING TO DIRECT TAXES Please refer to the attached file for details

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Proposal to provide for grant of interest in case of refund of excess payment of TDS

01 February 2017 at 14:42

Finance 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

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Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore

01 February 2017 at 14:42

Finance 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

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Tax rates reduced to 5% for individuals between 2.5 and 5 lac slab

01 February 2017 at 14:40

Finance 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

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Download the complete Finance Bill, 2017

01 February 2017 at 14:39

THE FINANCE BILL, 2017

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Key Features of Budget 2017-2018

01 February 2017 at 14:36

Key Features of Budget 2017-2018

Posted in Others | 2 comments | 23556 Views

Budget proposes No Cash Transaction above Rs 3 lakh

01 February 2017 at 14:36

Budget 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

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Budget 2017 Speech of FM

01 February 2017 at 14:15

Budget 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

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Property Tax can be tapped to generate Additional Revenue at City Level

31 January 2017 at 16:10

The 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

Posted in Others | 2718 Views