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Budget - one to all.

Budget - By: - CS Swati Dodhi - Dated:- 2-2-2017 - Quick brief of today s budget speech by our FM Arun Jaitley *Personal Taxation* Tax for Income 2.5 lakh to 5 lakh reduced to 5% instead of 10% Rebate u/s 87A restricted to ₹ 2,500 Surcharge of .....

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moved to 1.4.2001 instead of 1.4.1981 *Business* Income to be presumed at 6% of non-cash turnover for assessees having turnover upto ₹ 2 crores. Lower corporate tax rate of 25% for COMPANIES having annual turnover less than 50 Crores Carry for .....

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ents exempt Banks allowed NPA provision upto 8.5% from 7.5%. Non-scheduled banks allowed to tax interest from NPAs on receipt basis on accrual basis. Builders of immovable properties to be allowed breathing period of 1 year for payment of income on n .....

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