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Live updates on budget 2017

Page no : 7

(Guest)

 Instead of build-up area, carpet area will be counted for affordable housing, says FM




(Guest)

Govt proposes to make changes in capital gains tax for housing



(Guest)

Not practical to remove MAT, says FM



(Guest)

Profit linked-deductions for start-ups reduced to 3 years out of 7 years, says FM


Mita Basak

Mita Basak (Professional) (1878 Points)
Replied 01 February 2017

Due to demonitisation advance tax on personal income tax increased by 34.8%





(Guest)

Propose to reduce tax for small companies with turnover of less than Rs 50 cr to 25%, says FM

 


Niyati

Niyati (Student) (6202 Points)
Replied 01 February 2017

Propose to make changes in capital gains tax for housing, says FM

Propose carry-forward of MAT to 15 years from 10 years, says FM

 

 


Shanthi Sri

Shanthi Sri (2 Points)
Replied 01 February 2017

Watch Union Budget 2017 Live Updates @  https://goo.gl/58nm8r  #unionBudget #unionbudget2017 #RailwayBudget2017 #budget #budget2017 



(Guest)

No cash transcations above Rs 3 lakh, announces Arun Jaitley



(Guest)

 Holding period for land & building will be reduced to 2 yrs from 3 yrs, says FM





(Guest)

To cut presumptive turnover threshold for companies w/turnover up to Rs 2 cr to 6%, says FM


Mita Basak

Mita Basak (Professional) (1878 Points)
Replied 01 February 2017

Not to remove Minimum Alternative Tax (MAT) in 2017-18; Propose to allow a carry forward of MAT for a period of 15 yrs as against 10 years now: FM


Ayush

Ayush (Executive ) (6232 Points)
Replied 01 February 2017

No cash transaction above Rs 3 lakh without PAN



(Guest)

Reduce existing tax rate for income of Rs 2.5-5 lakhs to 5% from 10%, says FM





(Guest)

50% saving in income tax if 1 person is earning up to Rs 5 lakh, says FM

 



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