Budget 2017 Archives - Page 2 of 3

Budget 2017

Union Budget 2017-18 is likely to be Presented on Feb 01, 2017

January 29, 2017January 29, 2017 TaxIndiaUpdates In0 comments3703 views

The Union Budget 2017 for upcoming Financial Year 2017-18 is likely to be presented by Hon’ble Finance Minister Sh. Arun Jaitley on Feb 01, 2017. The normally the Union Budget is presented on last day of February every year. However in certain case in public interest … Continue Reading →

Budget 2017

Finance Bill 2016 Passed by Lok Sabha on 05-05-2016 with Certain Changes

May 5, 2016May 22, 2016 TaxIndiaUpdates In0 comments5109 views

Finance Bill 2016 Passed by Lok Sabha on 05-05-2016 with Certain Changes Finance Act 2016 (No. 28 of 2016).pdf Amendments in Clauses 3 7 16 19 41 43 46 49 50 52 53 60 66 81 86 96 97 112 192 218 and 219. Three … Continue Reading →

Budget 2017

Highlights of Delhi State Budget 2016-17

March 28, 2016March 28, 2016 TaxIndiaUpdates In0 comments4603 views

Highlights of Delhi State Budget 2016-17 Delhi government’s budget for Financial Year 2016-17, is tabled in the Delhi assembly on Monday, March 28, 2016 by Sh. Manish Sisodia, Finance Minister, Government of N.C.T. of Delhi. The key highlights of Delhi State Budget 2016-17 are as under: … Continue Reading →

Budget 2017

Maharashtra State Budget 2016-17

March 19, 2016March 25, 2016 TaxIndiaUpdates In0 comments6956 views

Highlights of Maharashtra State Budget 2016-17 Maharashtra Finance Minister Sh. Sudhir Mungantiwar on Friday March 18, 2016 has presented in the state Assembly the budget for 2016-17. Following are highlights of Maharashtra State Budget 2016-17: Exemption from Levy of Sugarcane Purchase Tax for the year 2015-16 … Continue Reading →

Budget 2017

PPT Presentation on Union Budget 2017-18

March 17, 2016February 1, 2017 TaxIndiaUpdates In0 comments9729 views

PPT Presentation on Union Budget 2017-18 Presentation on Amendments in Cenvat Credit Rules by budget 2016 (Download) Changes proposed in service tax by union budget 2016 17 (Download) Other Post Related to Union Budget 2016-17 Equalisation Levy The Income Declaration … Continue Reading →

Budget 2017

Salient Features of Equalisation Levy as introduced by Union Budget 2016-17

March 14, 2016May 31, 2016 TaxIndiaUpdates In0 comments7843 views

Equalisation Levy as introduced by Union Budget 2016-17 CBDT Notified Equalisation Levy Rules 2016 Considering the potential of new digital economy and the rapidly evolving nature of business operations it is found essential to address the challenges in terms of taxation of such digital transactions as … Continue Reading →

Budget 2017

Changes proposed in Central Excise Law by Union Budget 2016-17

March 10, 2016March 25, 2016 TaxIndiaUpdates In0 comments5414 views

Changes proposed Central Excise Law by Union Budget 2016-17 1.The Clean Energy Cess is being renamed as Clean Environment Cess. The effective rate of Clean Energy Cess is being increased from Rs.200 per tonne to Rs.400 per. 2.The Oil Industry (Development) Act, 1974 is being … Continue Reading →

Budget 2017

After intervention of PM Modi EPF Tax Proposal withdraw by Arun Jaitley

March 8, 2016March 25, 2016 TaxIndiaUpdates In0 comments2178 views

March 08, 2016 After intervention in the matter by Hon’ble Prime Minister Shri Narendra Modi the EPF Tax Proposal has been withdrawn by Shri Arun Jaitley. The announcement was made by Sh. Arun Jaitley in the Lok Sabha today on Tuesday March 08, 2016 as under: … Continue Reading →

Budget 2017

Changes made in Direct Tax Law by Union Budget 2016-17

March 6, 2016May 22, 2016 TaxIndiaUpdates In1 comments4971 views

Changes made in Direct Tax Law by Union Budget 2016-17 Finance Act 2016 (No. 28 of 2016).pdf A. Tax Rates and TDS No change in basic exemption limit. The basic exemption limit of Income Tax is Rs.2,50,000/-. Rate of surcharge in case of individual, HUF, … Continue Reading →

Budget 2017

Krishi Kalyan Cess

March 3, 2016March 16, 2016 TaxIndiaUpdates In1 comments8011 views

March 03, 2016 Krishi Kalyan Cess is proposed to be levied with effect from 1st June, 2016 on any or all the taxable services at the rate of 0.5% on the value of such taxable services. By introducing such levy the effective rate of Service … Continue Reading →