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Income Tax Updates

Tax Slab 2017- 18 Are you still confused or in doubt about the tax slab of FY 2017-18 as per union budget?It’s been a month since the union budget for FY  2017-18 was introduced. Although there weren’t any significant changes in the taxation policy.Here’s the easiest guide to show you the budget impact over your income in FY 2017-18.Here are the few things to be taken into consideration:Reduced tax rates from 10% to 5% Surcharge on individual having income more than Rs. 50 lakhsRebate under section 87A- reduced.Here is detailed informationSEE DETAILS

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Latest News

The Union Budget 2017 was a budget focused on providing the relief to the middle-class individual taxpayers. Let’s see what  Arun Jaitley’s Union Budget 2017 had for the individuals. Zero Tax Liability:Arun Jaitley announced zero tax liability on the individuals earning an income up to Rs.3 Lakhs [after taking advantage of rebate u/s 87A]. Reduction in slab Rate:The existing slab rate of 10% reduced to 5% for the individuals earning income from Rs.2.5 Lakhs- Rs.5 Lakhs.Change in The Rebate u/s 87A:The existing rebate under section 87A is reduced to Rs.2500SEE DETAILS

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Latest News

Here is the Live : Updates of Union Budget 2017-18 by Arun Jaitley-Why Budget 2017 different-Budget date has been advanced to enable the Parliament to avoid a vote-on-account and have one Finance Bill for the year 2017-18. FM Propose to present Budget under 10 district themesTen Distinct themes-1.Farmers2.Rural Population3.Youth 4.Poor & Under privedged5.Infrastructure6.Financial Sector7.Digital Economy8.Public Service 9.Prudent Fiscal Management10.Tax Administration Live Updates:1.Farmers:  -Target for agriculture credit fixed at Rs 10 lakh crore this year-Agriculture expected to grow at 4.1% in the current year–Farmers will benefit from 60-day interest waiver announced –Fasal Bima YojanaSEE DETAILS

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Income Tax Updates, Latest News

With Union Budget 2017-18 just hours away. The entire country waits in anticipation. After series of events like the demonetization, merging of Rail Budget with Union Budget, One month early arrival and ongoing UP & Punjab election , this budget is definitely going to be a game changer budget in the history of NDA government.Let us see the expectation of common salaried man from the Union Budget 2017-18-1. Increase In Exemption Limit :This is  dearest to the hearts of all the salaried individuals. The Modi Government increased the slab limit by Rs.50000 inSEE DETAILS

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