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Budget 2016 - An Analysis for Layman as well as Tax Practitioners



1. Income Tax rates are not changed (except in case of certain types of companies) but surcharge in case of individual, H.U.F., A.O.P., B.O.I. and artificial juridical persons is increased from 12% of income tax to 15% of income tax. [Not to worry situation for most of the tax payers as surcharge is
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About the Author

CA.

I am CA. Tejas Andharia. I have started practice in year 2007. I believe in sharing knowledge. My ID is tejasinvites @ gmail.com


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