Live Updates for budget 15 - share your views !

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Service tax rate to be hiked from 12.36%  to 14%
so what's the update in budget ?

Service tax rate to be hiked from 12.36%  to 14% 

Section 80D benefit raised ?
Medical insurance dedication increased from 15,000 to 25,000 Increase in Health Insurance Premium

Wealth Tax Act Abolished. Bad news for CAs  No more billing  for wealth tax work

 Transport allowance up from Rs 800 to Rs 1600: FM

Tax ease on serious diseases for seniors raised to Rs 80,000: FM

Individual tax payer will benefit to the extent Rs.4,44,200/- from the exemptions announced

Service tax is increased to 14% frm 12.36%

100% deduction to contribtions to Swachh Bharat funds

Also, Increase excise duty to 12.5%

No tax slab changes: FM

Promotion of make in India, removal of black money, min government max governance, benefit to tax payers, swacha bharat taken care of in tax proposals. Budget is On and full of surprises for the super rich class.

Special incentive to Bihar and west Bengal

Thank You All !!


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