Budget 2017-18 Highlights-Income Tax. Union Budget Tax Proposals for AY 2018-19 (FY 2017-18) Budget 2017-18 Highlights-Income Tax The following are the major Highlights for Income Tax-Proposals. Personal income tax-tax rate of 5% for income in the range of Rs. 2.5 lakhs to 5 lakhs Rebate u/s 87A restricted …
Service Tax Mega Exemption Amendments in Notification 25-2012 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 7/2017-Service Tax New Delhi, the 2nd February, 2017 G.S.R.….(E).-In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the …
Online information-database access-retrieval services received by online recipient. Service Tax for Dec-2016 and Jan-2017 to be paid by 06-12-2017 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 6/2017-Service Tax New Delhi, the 30th January, 2017 G.S.R….. (E). – In exercise of the powers conferred by …
GST Council finalised its recommendations on almost all issues based on consensus. Extensive reach-out efforts for GST to start from 1st April, 2017 Ministry of Finance Dated: 01-02-2017 Press Release GST Council has finalised its recommendations on almost all the issues based on consensus, says Finance Minister in …
RBI-Risk of Virtual Currencies including Bitcoins. Bitcoins as medium for payment is not authorised by any central bank or monetary authority Reserve Bank of India Date : Dec 24, 2013 RBI cautions users of Virtual Currencies against Risks The Reserve Bank of India has today cautioned the users, …
Tax exemption-Partial withdrawal from NPS not exceeding 25% of the contribution made by an employee from assessment year 2018-19 Budget 2017-18 : Tax-exemption to partial withdrawal from National Pension System (NPS) The existing provision of section 10(12A) provides that payment from National Pension System (NPS) trust to an …