Others News

Tax Proposals aims at Boosting Economic Growth and Employment Generation

29 February 2016 at 15:26

The Union Finance Minister Shri Arun Jaitley announcing the tax proposals in the Union Budget today said boosting employment generation through economic growth is a main objective behind these proposals.

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Measures for moving towards a pensioned society

29 February 2016 at 14:55

Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make

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Exemption from requirement of furnishing PAN under section 206AA to certain non-resident

29 February 2016 at 14:54

Exemption from requirement of furnishing PAN under section 206AA to certain non-resident.The existing provision of section 206AA, inter alia, provides that any person who is entitled to receive any sum or income or amount on which tax is deductible u

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Deduction allowable increased in respect of rents paid under Section 80GG

29 February 2016 at 14:51

Rationalization of limit of deduction allowable in respect of rents paid under Section 80GGThe existing provisions of Section 80GG provide for a deduction of any expenditure incurred by an individual in excess of ten per cent of his total income towa

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Presumptive taxation scheme for persons having income from profession

29 February 2016 at 14:49

Introduction of Presumptive taxation scheme for persons having income from professionThe existing scheme of taxation provides for a simplified presumptive taxation scheme for certain eligible persons engaged in certain eligible business only and not

Posted in Others | 4 comments | 11931 Views

Measures for promoting affordable housing

29 February 2016 at 14:44

While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley proposed to give 100% deduction for profits to an undertaking from a housing project for flats upto 30 sq. metres in four metro cities and 60

Posted in Others | 2 comments | 6222 Views

The Finance Bill 2016

29 February 2016 at 14:33

THE FINANCE BILL, 2016

Posted in Others | 2 comments | 12312 Views

Detailed changes related to service tax in Budget

29 February 2016 at 14:21

Changes relating to Service Tax - reg. - Union Budget 2016

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100% deduction of profits for 3 out of 5 years for new startups

29 February 2016 at 13:58

Measures to boost growth and employment generation 100% deduction of profits for 3 out of 5 years for startups set-up during April 2016 to March 2019 While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun

Posted in Others | 2 comments | 8079 Views