Full budget 2014-15

Jairam J (CA, B.COM(Hons.)) (382 Points)

01 June 2014  

The Interim Union Budget of India for 2014–2015 was presented by Finance Minister, P.Chidambaram on 17 February 2014 but there was nothing substantial in it as far as Direct and Indirect Taxes is concerned relevant for AY 2015-16. More specifically for May 2015 exams. Usually by this time markets would be flooded with Direct Tax books for CA Final relevant for May 2015 but as the new Govt has just been formed there is a great delay in finalising the budget and there is no news about our new Finance Minister fixing any date for the event or I might be wrong.

To cut a long story short will the Direct Tax for May 2015 be from Amendments from Finance Act, 2013 or do we still wait for the news?