CHANGES PROPOSED IN CENTRAL EXCISE LAW BY UNION BUDGET 2016-17
Changes proposed Central Excise Law by Union Budget 2016-17 1.The Clean Energy Cess is being renamed...
Form 15G 15H for receiving Rent Payments without TDS deduction from 01-06-2016. Budget 2016-17 amendment to section 197A and 194I
Enabling of Filing of Form 15G/15H for rental payments The provision of sub-section 194-I of the Inc...
ITR filing made compulsory if total income together with exempt LTCG from Equity shares exceeds basic exemption limit
In order to rationalise the time allowed for filing of returns, completion of proceedings, and reali...
Time limit for filing belated income tax returns u/s 139(4) reduced by one assessment year-Budget-2016-17
In order to rationalise the time allowed for filing of returns, completion of proceedings, and reali...
Belated returns u/s 139(4) can now be revised u/s 139(5)-Budget-2016-17 amendments.
In order to rationalise the time allowed for filing of returns, completion of proceedings, and reali...
CHANGES MADE IN DIRECT TAX LAW BY UNION BUDGET 2016-17
Changes made in Direct Tax Law by Union Budget 2016-17 A. Tax Rates and TDS No change in basic exemp...
Levy of excise duty on jewellery in Budget-2016-17-Clarification
Ministry of Finance Press Release Clarifications on levy imposed on jewellery In this year’s Budge...
Budget Highlight of the State of Gujarat
Gujarat State Budget Highlight 1. E-Commerce Transactions to be covered under purview of Entry Tax:-...
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...