Download Finance Bill 2019 No.2, Budget Highlights, Budget Speech and More

Finance Minister Nirmala Sitharaman presented the budget 2019-20 of Narendra Modi 2.0 government in the Lok Sabha on Friday. Here you can download the budget 2019-20 speech, key to budget documents, budget highlights, budget at a glance, finance bill and more. Documents Download Keys to Budget Documents View Here Budget Highlights (Key Features) View Here … Read more

Budget 2019 Highlights General, Direct & Indirect Taxes

1. Mantra of Modi Sarkar: Reform, Perform and Transform 2. Number of Patents issued Tripled since 2014 3. Economy of 5 Trillion US Dollar in few years 4. Emphasis on Inland Cargo 5. 1 Nation 1 Grid Power for affordable Power to States 6. Allocation of Rs. 350 crores loans to MSME’s with 2% subvention … Read more

LTCG from sale of house can be invested in two houses after Budget 2019-20

With a majority of discussion revolving around tax rebate till annual income of INR 5,00,000, most people are overlooking another striking benefit that has been introduced in Budget 2019. As per the proposed plan, tax payers can now enjoy long term capital gains (LTCG) on two residential houses. Prior to this intimation, the benefit was … Read more

Income of Rs.7.75 lakh – Zero Tax After Budget 2019-20

The biggest buzz about Budget 2019 is that a citizen can get full tax rebate if his or her income during a financial year is INR 5,00,000 or less. The rebate can be claimed under Section 87A. However, do you know that you can actually pay zero tax even if your income is INR 7.75 … Read more

Tax Highlights of Union Budget 2019-20

Here is the direct tax and indirect tax highlights of union budget 2019-20. Standard deduction raised to Rs.50,000 from Rs.40,000 now. Proposing to exempt levy of IT on notional rent on second occupied houses for middle-class families who stay at two places on account of their jobs. TDS threshold on bank deposits raised from Rs … Read more

Download Budget 2017 – Highlights, Speech and More

Here is the complete list of Budget 2017 official important documents. You can download for better understanding of budget 2017. Budget Documents Links Finance Bill Download Speech Download Budget at a Glance Download Key Features Download Key Highlights Download Memorandum Download Outlay of Major Schemes Download Debt and Deficit Statistics Download Budget Profile Download If … Read more

Explanatory Notes to the Provisions of the Finance Act 2017

CIRCULAR No. 2/2018 F. No. 370142/15/2017-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ******* Dated, 15th of February, 2018 EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 2017 CIRCULAR INCOME-TAX ACT Finance Act, 2017 ─ Explanatory Notes to the Provisions of the Finance Act, 2017 CIRCULAR NO. … Read more

Union Budget 2018 – Budget 2018 Analysis in a Very Simple Way

You can check here the complete analysis of Union Budget 2018 in a very simple language along with highlights. You can also download the complete PDF of Union Budget 2018 analysis from here. Download Complete Union Budget 2018 Analysis – PDF Format ECONOMIC PERFORMANCE: 2017-18 State of Indian Economy After registering GDP growth of over … Read more

Income Tax Highlights in Union Budget 2018

Union Budget 2018 Highlights Related to Income Tax Long Term Capital Gains on listed securities i.e. Gain on shares or Mutual Funds held for more than one year was earlier exempt from Income Tax. Now for gain above Rs.1 Lakhs ,tax @ 10% without any indexation benefit has been levied. However any gain upto 31/01/2018 … Read more

Complete Highlights of the Budget 2018

The Budget for 2018 was presented on 1 February 2018 in the Parliament by the Finance Minister of India, Arun Jaitley. This was the fifth and the last budget of the current Government. Upcoming elections, impact of demonetization and economic growth has been the primary concern of the citizens. So, without any further delay let’s … Read more

Download Union Budget 2018-19 PDF – Finance Bill 2018

As you all know the Union Budget 2018-19 has been presented by Sh. Arun Jaitely on 1st February 2018. Here you can download the complete official document of Union Budget 2018-19 in PDF format along with other official documents. Here is the complete list of official documents related to Union Budget 2018-19. Key to Budget … Read more

How Going Digitally Can Save Tax for Small Traders?

In Budget 2017, there was a major change in the way of doing transactions. There are many changes which are taken to promote the digital transactions. Here is the one of it!! Existing Provision Earlier under section 44AD of the income tax act,1961 the businessman having turnover up to Rs.2 crore or less can opt … Read more