100% deduction to Farmer Producer Companies. Boost to Sampada Yojana.
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Budget Speech: Demonetisation was received by honest tax-payers as "Imaandari ka Utsav"
41% more returns filed liberalisation of presumptive income scheme for traders, professionals..
Corporate tax for companies up to Rs 250 cr revenue cut to 25%: FM: #UnionBudget2018
No adjustment for capital gains if circle rate value doesn't exceed 5% of consideration
Budget Speech: Proposal to extend reduction of corporate tax to 25% to firms with turnover of Rs 250 crore
Corporate tax rate reduced to 25% for SMEs having turnover upto 250crores
Standard deduction of Rs 40,000 for salaried taxpayers: FM: #UnionBudget2018
Current Income Tax rate for Individuals to stay same.
Tax relief for salaried taxpayers for transport and medical allowance.
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