Budget 2013 Tax Reduction

Feb 14, 2017 at 19:01 | Source:
The Budget is behind us and so are most of the big headlines like the minor reduction in income tax. But there are some details in the Budget fineprint that can impact your personal finances and it is exactly these finer nuances that we'll focus on in this show.
Feb 06, 2017 at 14:04 | Source: PTI
"Such action will allow developers to borrow at lower interest rates and provide tax exemptions to the construction industry that has witnessed a reduction in launches and sales these last few years," Moody's said in a statement.
Feb 03, 2017 at 15:01 | Source: Reuters
The bullion industry had been urging a reduction in the duty to combat smuggling, which has increased since India raised import duty to 10 percent in August 2013 in an effort to narrow a gaping current account deficit.
Feb 02, 2017 at 15:57 | Source:
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 10:26 | Source:
The Budget 2017-18 announced a push to cashless transactions and reduction in tax rate for SMEs with an annual turnover of less than Rs 50 crore. Here is what India's startup CEOs feel about Budget 2017-18.
Feb 01, 2017 at 21:36 | Source: PTI
Godrej Consumer Products Ltd (GCPL) Managing Director Vivek Gambhir said that reduction in tax slab would leave more money with the consumer to spend and would increase the demand.
Feb 01, 2017 at 18:16 | Source: PTI
Indian businessmen in the Gulf today largely welcomed the Budget, regarding it as good for the long-term growth of the country's economy saying the impetus given to rural, agricultural, infrastructural sector and reduction in personal income tax, will be a game-changer after demonetisation.
Feb 01, 2017 at 18:07 | Source:
Reduction in BCD on LNG is a welcome move, which will make LNG more affordable to end users in industrial category such as ceramics, glass, chemicals besides large consumers such as power and fertilizer sectors, says K Ravichandran, Group Head, Corporate Sector ratings at ICRA.
Feb 01, 2017 at 18:05 | Source:
The reduction in capital gains period for real estate is a positive move, says Shanti Ekambaram, President Consumer Banking, Kotak Mahindra Bank.
Feb 01, 2017 at 16:35 | Source:
K Ravichandran, Group Head, Corporate Sector ratings at ICRA is of the view that Union Budget has several favourable proposals for the oil & gas sector such as creation of two more strategic oil reserve projects, reduction in basic customs duty (BCD) on LNG from 5 percent to 2.5 percent and creation of an integrated oil PSU major.
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