Uncategorized | February 1, 2017 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 CASHLESS TRANSACTION BANKS TAX INCENTIVE CASH DONATION LIMIT REDUCED TO 2000 FOR TRUST AND POLITICAL PARTY BOTH