Budget 2017 and Central Government employees demands Comrades , The budget for the year 2017-18 was presented by the Shri Arun Jaitleyji Hon’ble Minister of Finance on 1st Feb 2017 , the Central Government employees had lot of hopes of this budget … [Read more...]
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Simple one- page Income Tax Return form – FM
Simple one- page Income Tax Return form - FM "A simple one- page Income Tax Return form for the category of individuals having taxable income upto Rs 5 lakhs other than business income." "Finance Minister Shri Jaitley said that the present burden of … [Read more...]
Salient Features of Direct Tax Proposals in Union Budget 2017
"Personal Income Tax: Personal income tax for people with income in the slab of 2.5 lakh to 5 lakh to be reduced to 5% instead of 10%. This will reduce their tax liability to half while all other tax payers above this slab will also be benefited in … [Read more...]
No Cash Transaction above Rs 3 lakh – FM
No Cash Transaction above Rs 3 lakh - FM Press Information Bureau Government of India Ministry of Finance 01-February-2017 13:57 IST Budget gives a major push to Digital Economy; proposes No Cash Transaction above Rs 3 lakh Government to launch … [Read more...]
Finance Minister Arun Jaitley will present the annual budget today
Finance Minister Arun Jaitley will present the annual budget today. For the first time it will be presented on the first of Feb. Well a lot is expected, from an increase in income tax exemption limits, to incentives for the MSME sector post … [Read more...]
Highlights of Union Budget 2017-18
Highlights of Union Budget 2017-18 1. All taxpayers above 5 lakh rupees to get benefit of 12,500 rupees across the board: FM 2. 10% Surcharge on individuals with income between 50 lakh to 1 Crore: FM 3. Surcharge of 10% for individuals earning … [Read more...]
Grant HRA at the Rate of 30%, 20% & 10% of 7th CPC Pay – NFIR
Grant HRA at the Rate of 30%, 20% & 10% of 7th CPC Pay - NFIR General Budget 2017-18 - NFIR's proposals for consideration No.IV/Budget/Part III 23.01.2017 Shri Arun Jaitley, Hon'ble Minister of Finance, North Block, New Delhi. Dear Sir, Sub: … [Read more...]