Budget

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WEEKEST POINTS OF BUDGET.......

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Nothing has been proposed with respect to Transfer Pricing Regulations......

this budget is not according to expectation of people

 

Many old provisions for salaried persons that are of no use today remained unchanged.

Unclear about 1% TDS on sale of immovable property

No change in tax on perquisites

No news about GST or DTC

No incentives for small business owners

 

 


 

BUDGET FAILS TO PEP UP DALAL STREET

 

 

No change in basic exeption limit

Also erstwhile standard deduction to salaries individuals was expected to be revived but did not happen

A small peanut of 2000 Rs credit to firsst slab assessess

Were to buy house of 25 lakhs in metros to avail the benefit of 1lakh deduction

 


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