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FB 2018- 25 PC TAX ON SOME COMPANIES, SHOULD BE FOR OTHER ASSESSEES HAVING TURNOVER UP TO ₹ 250 Crores

FB 2018- 25 PC TAX ON SOME COMPANIES, SHOULD BE FOR OTHER ASSESSEES HAVING TURNOVER UP TO ₹ 250 Crores - Budget - By: - CA DEV KUMAR KOTHARI - Dated:- 2-2-2018 - Tax Rates for companies having turnover within prescribed limit: For assessment year 2018-19 tax rate was prescribed 25% in case of companies whose turnover or gross receipts in the previous year 2015-16 was within ₹ 50 Crores. For this year that is PYE 31.03. 2018 turnover of PYE 2015-16 was considered as base year for appl .....

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ising micro, small and medium entrepreneurs 150. In the Union Budget, 2017, I had announced the reduction of corporate tax rate to 25% for companies whose turnover was less than Rs 50 crore in financial year 2015-16. This benefitted 96% of the total companies filing tax returns. Towards fulfilment of my promise to reduce corporate tax rate in a phased manner, I now propose to extend the benefit of this reduced rate of 25% also to companies who have reported turnover up to Rs 250 crore in the fin .....

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panies will leave them with higher investible surplus which in turn will create more jobs. Unquote: Personal promises vis a vis Manifesto of BJP The FM has stated , in his speech Towards fulfilment of my promise to reduce corporate tax rate … One question which now public of India and also BJP party must ask as to, whether the Government is to run on basis of personal thinking, promises and commitments of Ministers or Even Officers of Government or they must follow promises of Government .....

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Co-operatives etc. No intelligible differentia: When total turnover or gross receipts is taken a basis, to prescribe lower rate of tax of 25% we find that there is no intelligible differentia between an individual or partnership firm or other assessee having turnover not exceeding 50 or 250 crore and a company. Therefore, the reduced rate of 25% should be applied to all assesses having similar conditions. Jyadatiyaa of NAMO government: NAMO SARKAR is in habit of own praise. अपन .....

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on and as if there is no problem. However, Ye jo public hei ye sab janti hei , ye jo public hei. BJP and NAMO Government must recall and learn from the very popular following Hindi song: ये जो पब्लिक है - Ye Jo Public Hai (Kishore Kumar, Roti) Movie/Album: रोटी (1974) Music By: लक्ष्मीकांत-प्यारेë .....

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्लिक है.. अजी अंदर क्या है, अजी बाहर क्या है ये सब कुछ पहचानती है पब्लिक है.. ये चाहे तो सर पí .....

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0;ठे तो तौबा कहाँ फिर मानती है ये जो पब्लिक है... क्या नेता, क्या अभिनेता, दे जनता को जो धोखा  .....

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; शांति है ये जो पब्लिक है... हीरे-मोती तुमने छुपाये, कुछ हम लोग न बोले अब आटा-चावल भी छुपा तí .....

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