Equalisation Levy @ 6% by Budget 2016 in India
A new chapter “Equalisation Levy” is introduced by Finance Bill 2016, in income tax act, 1961. A...
Budget 2016 Highlights: Top 20 Announcements For an Individual
The budget 2016 has been a milestone. It has tried to improve the economic situation of whole nation...
Significant Budget Highlights 2016-17- Direct Taxes
Relief to small tax payers (a) Rebate under Sec 87A: With the objective of providing relief to resid...
Significant Budget Highlights – 2016-17 Indirect Tax
EXCISE Amendments made effective immediately The Clean Energy cess is to be renamed as Clean Environ...
Budget 2016 allows Professionals to claim presumptive taxation benefits
While the budget side tracked important issues of GST & reduction of corporate tax rates, it had...
Significant Budget Highlights 2016‐17‐ International Taxation
Increase in Surcharge Surcharge is increased from 12% to 15% in case of non‐resident individuals E...
Budget 2016 – Major Highlights
1. Rs. 35984 crores allotted for agriculture sector. 2. Rs. 17000 crores for irrigation projects. 3....
Highlights of Union Budget 2016-17
MAIN HIGHLIGHTS 15% surcharge on income tax for those with incomes exceeding 1 crore per annum To re...
RAIL BUDGET 2016-17 : NO HIKE IN PASSENGER FARE AND OTHERS
Highlights of the Railway Budget 2016-17 Financial Performance 2015-16- Savings of 8,720 crore neutr...
5 changes to make Budget 2016 taxpayer’s delight!
Our Finance Minister has a tough job keeping government’s tax revenue and borrowing in check, and ...