TRUST CAN ACCEPT DONATIONS IN CASH IF IT IS BELOW RS. 2000 ONLY. PROMOTION OF DIGITAL TRANCTIONS IN DONATION. EVEN POLITICAL PARTY CAN ACCEPT DONATION…

FM REDUCED THE PRESUMTIVE INCOME RATE AT 6% FOR PERSON HAVING TURNOVER BELOW 2 CRORES, SAME RATE SHALL BE APPLY FOR THE F.Y. 2016-17 FOR…

BANKS TO PAY TAX ON RECEIPT BASIS FOR NPA ACCOUNTS

FM ANNOUNCES MSME TAX INCENTIVE, BY REDUCING THE TAX TO 25% HAVING ANNUAL TURNOVER LESS THAN 50 CRORES. 6.67 LACS COMPANIES WILL BE BENEFITS, 96%…

INSTEAD OF BUILD UP AREA CARPET AREA WILL BE COUNTED FOR AFFORDABLE HOUSE

TIME LIMIT ON LONG TERM CAPITAL GAIN ON SALE OF IMMOVABLE PROPERTY REDUCED TO 2 YEARS AGAINST THE OLD TIME PERIOD OF 3 YEARS.

FM FOCUSED ON THE BLACK MONEY DEPOSITED IN BANKS AND FEW STATISTICS RELATED TO THE BLACK MONEY DEPOSITED IN BANK WITH RESPECT TO AVG. BALANCE…

LOWER INCOME SHOWN UNDER BUSINESS RETURNS & SALARY RETUNRNS FEW COMPANIES ONLY FILED RETURNS AND FEW ONLY TAX PAID. LARGELY ON TAX NON-COMLIANCES SOCIETY. VERY…

FM IS PRESENTING TAX BUDGET, AND SHOWN DISAPPOINTMENT ON VARIATION IN DIRECT & INDIRECT TAXES

SERVICE CHARGES ON IRCTC WITHDRAWN. FOCUS ON SWACH RAILWAYS ALL TRAIN COACHES WILL HAVE BIO-TOILETS END-TO-END TRANSPORT SOLUTIONS AREAS OF PRIORITY - PASSENGER SAFETY/CAPITAL WORKS/CLEANLINESS…