Feb 20, 2017 at 12:50 | Source: Moneycontrol.com
As a consultant you are required to pay a flat 10 per cent tax on income while an employee is taxed as per applicable slab, the highest being 30 per cent along with surcharge.
Feb 08, 2017 at 16:32 | Source: PTI
The prices of petrol are lower than the 2013 level and the money collected through taxes on petro products was being used to develop infrastructure and creating educational facilities, government said today.
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 03, 2017 at 19:18 | Source: PTI
While the all-powerful GST Council has already decided on a four-slab tax structure for the indirect tax regime, the levy for different goods and services will be decided by May or June.
Feb 03, 2017 at 08:22 | Source: Moneycontrol.com
Affordable housing being given Infrastructure status is a welcome move and will help in the Housing to all by 2022 mission it is a big and positive move for developers, banks and housing finance companies.
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 15:48 | Source: Moneycontrol.com
The Budget has a positive tone and is in the right direction. The focus on the infrastructure and manufacturing sector will benefit lubricant manufacturers, since we expect this to boost consumer demand in the B2B and B2C market segments.
Feb 02, 2017 at 15:16 | Source: Moneycontrol.com
The Union Budget has undertaken a fine balance between fiscal prudence and spending by slightly increasing the fiscal deficit target to 3.2 percent of GDP for FY18.
Feb 02, 2017 at 15:16 | Source: PTI
Along with experts interpreting the budget, Girija Pande, chairman of the Singapore-based Apex Avalon Consulting Pte Ltd, also applauded the decision to abolish Foreign Investment Promotion Board (FIPB), saying it had "long outlived its utility and was a hurdle to large foreign investments into India".
Feb 02, 2017 at 15:14 | Source: Moneycontrol.com
From a macro point of view, the Budget presented by the Finance Minister is a growth-oriented one with special focus on rural, agriculture and infra sectors.