Easy Office

Live updates and discussion on Budget

Page no : 7

CA Ruby Bansal (Finance Professional) (5094 Points)
Replied 01 February 2018

 

Proposal to benefit 99% companies filing tax returns



j kesava Rao (Retired Executive Director(RINL))   (81 Points)
Replied 01 February 2018

All most all state governments are promising free power, free gas, and free housing to poor again Central Government promise the same. How duplication is going to be avoided. With this measure more poor families will grow. All sons sets up separate family units even though they live in one home.


(Guest)
No change in personal income tax structure: FM

Prajjwal Kaushik (Finance Professional) (6216 Points)
Replied 01 February 2018

Standard deduction for salaried taxpayers for transport and medical allowance up to Rs. 40000.


Suhasini (Finance Professional) (12172 Points)
Replied 01 February 2018

FM says, deduction for senior citizens increased to Rs 50,000 for medical insurance 




Shivani (Finance Professional) (4852 Points)
Replied 01 February 2018

Rs 19,000 cr revenue loss on direct tax: FM   



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

CA Ruby Bansal (Finance Professional) (5094 Points)
Replied 01 February 2018

Incentives for senior citizens: Exemption of interest income on bank deposits raised to Rs. 50,000


Suhasini (Finance Professional) (12172 Points)
Replied 01 February 2018

Deduction limit for medicare up to Rs 80,000 senior citizens, for every senior citizens upto rs 1 lakh



(Guest)

Govt levies long-term capital gains tax of 10% for over Rs 1 lakh investments: FM: #UnionBudget2018




Aruhi (Finance Professional) (6236 Points)
Replied 01 February 2018

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



(Guest)

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



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

Prajjwal Kaushik (Finance Professional) (6216 Points)
Replied 01 February 2018

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





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


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Join CCI Pro

Related Threads


Loading


Subscribe to the latest topics :

Search Forum: