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Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore

   01 February 2017 at 14:42

Finance Minister unveils string of measures towards Ease of Doing Business Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore; Threshold for maintenance of books for individuals and HUF more than doubled Individual

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Tax rates reduced to 5% for individuals between 2.5 and 5 lac slab

   01 February 2017 at 14:40

Finance Minister announces several measures for revenue mobilization in the General Budget 2017-18 along with a reduction in tax rates for small tax payers In a major relief to small taxpayer and to bring more people in the tax net, the Union Financ

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Download the complete Finance Bill, 2017

   01 February 2017 at 14:39

THE FINANCE BILL, 2017

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Key Features of Budget 2017-2018

   01 February 2017 at 14:36

Key Features of Budget 2017-2018

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Budget proposes No Cash Transaction above Rs 3 lakh

   01 February 2017 at 14:36

Budget gives a major push to Digital Economy; proposes No Cash Transaction above Rs 3 lakh Government to launch schemes to promote BHIM app, Aadhar Enabled Payment System Mission to be set-up to achieve a target of 2500 Cr digital transactions in 201

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Budget 2017 Speech of FM

   01 February 2017 at 14:15

Budget 2017-2018Speech ofArun JaitleyMinister of FinanceFebruary 1, 2017Madam Speaker,On this auspicious day of Vasant Panchami, I rise to present the Budget for 2017-18. Spring is a season of optimism. I extend my warm greetings to everyone on this

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ICAI President's Message - February 2017

   01 February 2017 at 09:56

My dear professional colleagues, With the impending dawn of February, it is time to take stock of the activities, creativities and outcomes, during the Council Year 2016-17 for the furtherance of profession and national economy.

Posted in Professional Resource  1 comments |   2715 Views


18 lakh persons identified by IT dept for online verification of cash deposits

   31 January 2017 at 17:43

Income Tax Department (ITD) launches Operation Clean Money Income Tax Department (ITD) has initiated Operation Clean Money, today. Initial phase of the operation involves e-verification of large cash deposits made during 9th November to 30th December

Posted in Income Tax |   18090 Views


Property Tax can be tapped to generate Additional Revenue at City Level

   31 January 2017 at 16:10

The Economic Survey 2016-17, presented today in the Parliament by the Union Finance Minister Shri Arun Jaitley, stated that Urban Local Bodies (ULBs), having primary responsibility for the development and service provisioning of cities

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Fiscal activism embraced by advanced economies not relevant for India: Economic Survey

   31 January 2017 at 16:09

Fiscal activism embraced by advanced economies not relevant for India: Economic Survey 2016-17 India’s economic experience underscores fundamental validity of fiscal policy principles in FRBM Act 2003: Economic Survey 2016-17 India’s eco

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