Live updates and discussion on Budget


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Aruhi (Finance Professional)     01 February 2018

Aruhi
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Proposal to exempt transfer of derivatives, certain securities by NRIs from capital gains tax

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jyoti (service)     01 February 2018

jyoti
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Propose to amend income tax act for electronic assessments: FM: #UnionBudget2018

Shakuntala ( )     01 February 2018

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Deduction for senior citizens with critical illness raised to Rs 1 lakh: FM

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Prajjwal Kaushik (Finance Professional)     01 February 2018

Prajjwal Kaushik
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Current cess of 3% to be increased to 4% as Health and Education Cess.

Shakuntala ( )     01 February 2018

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Capital gains made on shares until Jan 31, 2018 grandfathered: FM

Suhasini (Finance Professional)     01 February 2018

Suhasini
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Proposal to introduce tax on distributed income by equity oriented mutual funds at 10%

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Aruhi (Finance Professional)     01 February 2018

Aruhi
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Gains from equity share held up to 1 year will be taxed at 15%

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jyoti (service)     01 February 2018

jyoti
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Increase in customs duty on mobile phones to 20% from 15%: FM: #UnionBudget2018

Ruby Bansal (Finance Professional)     01 February 2018

Ruby Bansal
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Proposal to tax long term capital gains exceeding Rs 1 lakh at 10% without indexation

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Aruhi (Finance Professional)     01 February 2018

Aruhi
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  • Short-term capital gains tax continues to be 15%: FM   
  •  Propose next FY health, education cess at 4%: FM


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