Posts

Showing posts with the label Union Budget

[PDF]DOWNLOAD IMPORTANT POINTS OF UNION BUDGET 2016 FOR EXAM: MUST READ

Highlights of Union Budget 2016-17 In case you missed the Budget, here's a round-up. Theme of the Budget – Overcoming challenges – Reorganize, Restructure Rejuvenate Indian Railways: ‘Chalo, Milkar Kuch Naya Karen’ Three mainstays of the method i.e. Nav Arjan – New incomes, Nav Manak – New standards, Nav Sanrachna – New Structures. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. CLICK HERE TO DOWNLOAD UNION BUDGET 2016 PDF -  UNION BUDGET 2016 - HIGHLIGHTS SERVER2:   Click Here DON'T FORGET TO READ : [PDF]DOWNLOAD IMPORTANT POINTS OF RAIL BUDGET 2016 FOR EXAM [60 Pages Pdf]Complete English Grammar Guide With Short Methods- PDF KINDLY COMMENT YOUR EMAIL-ID, WE WILL SHARE  IMPORTANT PDF WITH YOU. ...

UNION BUDGET 2016-17

              UNION BUDGET 2016 - 17        Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per cent service charge on purchase of luxury cars over Rs. 10 lakh and in-cash purchase of goods and services over Rs. 2 lakh. SUVs, Luxury cars to be more expensive. 4% high capacity tax for SUVs. Companies with revenue less than Rs 5 crore to be taxed at 29% plus surcharge Limited tax compliance window from Jun 1 - Sep 30 for declaring undisclosed income at 45% incl. surcharge and penalties Excise 1 per cent imposed on articles of jewellery, excluding silver. 0.5 per cent Krishi Kalyan Cess to be levied on all services. Pollution cess of 1 per cent on small petrol, LPG and CNG cars; 2.5 per cent on diesel cars of certain specifications; 4 per cent on higher-end models. Dividend in excess of Rs. 10 lakh per annum to be taxed at ...