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Union Budget Articles



The Lok Sabha has passed the Finance Bill (No. 2), 2019 on 18 July 2019 with certain amendments. The key direct tax amendments are summarized as under: ..

Posted in Union Budget  2 comments |   7153 Views




The Union Budget 2019 was presented on 5th July in the Lok Sabha by the First Female Finance Minister Mrs. Nirmala Sitharaman. Highlights of the Budget 2019 for..

Posted in Union Budget  2 comments |   917 Views




INDIRECT TAXA. CustomsCustoms Duty Increased/Imposed- Increase in custom duty on Gold and other precious metals - from 10% to12.5%.- Basic Customs Duty increase..

Posted in Union Budget  7 comments |   2569 Views




It is a common understanding that an obligation file the return of income under the income-tax Act arises only if the income exceeds the maximum amount not char..

Posted in Union Budget  8 comments |   6647 Views




GDP- Gross Domestic Product Gross Domestic Product (GDP) is the final value of all Goods and Services produced by a country in a particular

Posted in Union Budget |   928 Views




NBFCs: Impact Assessment of Carrot & Stick Approach of Proposed Amendments in the Union Budget 2019-20!!

Posted in Union Budget |   994 Views




1. There is not any change in slabs of tax rates, but there are following changes in surcharge rates for Individual, Hindu undivided family, association o..

Posted in Union Budget  1 comments |   2989 Views




Arjuna (Fictional Character): Krishna, Union Finance Minister has presented Union Budget for

Posted in Union Budget |   6025 Views




Applicability and Process:Before the introduction of GST India was a curious mix of taxation laws, some aligned to global standards, and some not.Traditionally ..

Posted in Union Budget  1 comments |   1855 Views




Section 139(1)(b) mandates that every person being a person other than a company or a firm, if his total income or the total in

Posted in Union Budget |   2141 Views






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