Feb 10, 2017 at 16:41 | Source: Moneycontrol.com
Changes ensure that income tax reporting happens earlier than what it used to be.
Feb 07, 2017 at 19:19 | Source: CNBC-TV18
From a change in the definition of long-term with respect to immovable property to the introduction of tax deducted at source (TDS) if you are paying rent over a certain amount to measures which were aimed at boosting affordable housing, real estate was definitely a focus area for Finance Minister, Arun Jaitley.
Feb 07, 2017 at 17:48 | Source: Moneycontrol.com
Corporate tax rate is now reduced to 25 percent (plus applicable surcharge and education cess) for domestic companies having total turnover/ gross receipts in the previous year (2015-16) not exceeding Rs 500 million
Feb 07, 2017 at 16:17 | Source: Moneycontrol.com
Finance Minister has opted to offer a small concession on income tax front. However, he has also capped the benefit on income from house property.
Feb 02, 2017 at 17:47 | Source: Moneycontrol.com
With GST around the corner, this budget has not made significant changes in the existing indirect tax legislations.
Feb 02, 2017 at 15:57 | Source: Moneycontrol.com
It has been clarified that the clarification provided in Budget 2016 on benefit of concessional rate of 10% on transfer of shares of a private company (being long term capital asset) shall apply from 1st April, 2013.
Feb 02, 2017 at 13:30 | Source: PTI
It is also changing the law to keep the identity of the donor confidential who buys the just-introduced electoral bonds from banks to make such donations.
Feb 02, 2017 at 12:48 | Source: Moneycontrol.com
With large allocations for agriculture, rural road infrastructure, skill development and electrification schemes, this Budget has the potential to change the face of Bharat the India beyond our cities, say Pawan Munjal, Chairman, CEO & Managing Director, Hero Motocorp.
Feb 02, 2017 at 12:43 | Source: Moneycontrol.com
Finance Minister has presented half budget for FY17-18 which will be followed by major changes in Indirect Tax law with GST getting implemented from 1st July 2017. Hence, FM has tweaked indirect tax marginally.
Feb 02, 2017 at 11:37 | Source: Moneycontrol.com
Those earning under Rs 5 lakh will benefit the most, while the super-rich will feel the pinch.