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2 mins read
Here are the reforms that India needs to compete with UK, US and China in tax deductions
Finance Minister Arun Jaitley, while presenting Budget 2015-2016, stated that the rate of corporate…
1 min read
Budget 2017 may include national social security system for poor, unemployed. Here are pros and cons if this gets through
The government is mulling over income transfer scheme. “There is a thinking... pros and cons of hav…
2 mins read
Tour operators want Arun Jaitley to exempt service tax on foreign exchange during inbound trips
"Travel and tourism is one of the highest foreign exchange earners for the country. The industry is…
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First time share buyer? Expect more tax breaks in Budget 2017
The new or modified scheme will be under Section 80 (C) plan that will be likely be announced in th…
1 min read
PM Modi may impose higher taxes on income earned from stock market in Budget 2017
“Low or zero tax rate is given to certain types of financial income. I call upon you to think about…
1 min read
Relief for the common man! Income tax for people earning Rs 2.5 lakh-Rs 5 lakh reduced to 5%
Also, the FM has levied a surcharge of 10% on people earning an income between Rs 50 lakh and Rs 1 …
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Arun Jaitley may increase service tax from 15% as precursor to GST rollout
So, the government may slap a higher service tax for three months to somewhat offset the revenue lo…
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Aviation ministry has sent its Budget 2017 wishlist to Arun Jaitely. Here’s what they expect
"Excise duty was raised when crude prices were low. Now they are inching up and the government can …
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Big relief for foreign portfolio investors! Tax dept holds circular on multiple taxations
FPIs feared multiple taxations after the Central Board of Direct Taxes (CBDT) came out with a notif…
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This is what India wants from Budget this February
The Twitterati has so far voted for increased focus on the agriculture sector, followed by youth, u…
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These sectors may get various benefit from Budget 2017, as per this expert
“It does not look like there is going to be major impact basically as far as demonetisation is conc…
1 min read
Budget 2017: A huge push to Job Creation in India
Finance Minister Arun Jaitley's 2017 Union Budget will be a big push by Modi government towards emp…
2 mins read
This Budget, Govt is going to do anything to push demand that went down due to note ban. Here’s what it may do in taxes
"The government may be forced to roll back some of the excise increases on fuel as this could feed …
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Finance Minister Arun Jaitley makes biggest announcements for Education Sector in India
While highlighting Modi government's "Transform, Energize and Clean India" mission for Budget 2017-…
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India changes its income tax slab for people earning up to Rs 5 lakh. Here are income tax structures of China, UK, US, Brazil and Germany
Now, 5% tax will be levied on people earning under bracket Rs 2.5 lakh-Rs 5 lakh. Presently, it is …
1 min read
Job creation will be key thrust area, sops expected in Budget 2017
According to the officials, the proposal includes incentives for creating jobs in sectors such as l…
2 mins read
The funniest Twitter reactions to Arun Jaitley's Budget 2017
Have a look: 1.FM has left the house. 2.FM has stopped at a thela. 3.He ordered chhole kulche Pic 1…
1 min read
Here are VAT rates of India, China, UK, Germany and Brazil. Find out which country has the highest rate
As per Organisation for Economic Co-operation and Development (OECD), VATs raise around one-fifth o…