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Key Features of Budget 2017-2018
01 February 2017 at 14:36Key Features of Budget 2017-2018
Proposal to provide for grant of interest in case of refund of excess payment of TDS
01 February 2017 at 14:42Finance Minister announces several anti graft and rationalisation measures in the field of Income tax Accountants or merchant bankers furnishing incorrect information to face penalty Income of the Chief Minister’s Relief Fund and the Lieutenant
Tax rates reduced to 5% for individuals between 2.5 and 5 lac slab
01 February 2017 at 14:40Finance 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
Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore
01 February 2017 at 14:42Finance 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
Budget 2017 Speech of FM
01 February 2017 at 14:15Budget 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
ICAI President's Message - February 2017
01 February 2017 at 09:56My 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.
18 lakh persons identified by IT dept for online verification of cash deposits
31 January 2017 at 17:43Income 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
Fiscal activism embraced by advanced economies not relevant for India: Economic Survey
31 January 2017 at 16:09Fiscal 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
GDP growth in 2017-18 is projected at 6.75 to 7.5 percent Post-demonetisation
31 January 2017 at 16:09GDP growth in 2017-18 is projected at 6 ¾ to 7 ½ percent Post-demonetisation Middle class to get affordable housing due to fall in Real Estate prices Remonetisation to eliminate cash squeeze by April 2017. The Government says that the a
Economic Survey advocates reforms to unleash economic dynamism and social justice
31 January 2017 at 13:44India needs an evolution in the underlying economic vision across the political spectrum and further reforms are not just a matter of overcoming vested interests that obstruct them. This was stated in the Economic Survey 2016-17 presented in the Parl
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