Tax Incentive for Promoting Post-Harvest Activities of Agriculture
Posted Date : 01-Feb-2018 , 01:59:15 pm | Posted By CASANSAAR
In order to encourage professionalism in post-harvest value addition in agriculture, the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley proposed to allow hundred per cent deduction to companies registered as Farmer Producer Companies and having annual turnover up to Rs.100 crore...
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Benefits Under Section 80-Jjaa of The Income-Tax Act Extended To Footwear And Leather Industry
Posted Date : 01-Feb-2018 , 01:58:05 pm | Posted By CASANSAAR
The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley has proposed to extend the benefits under Section 80-JJAA of the Income-tax Act to footwear and leather industry. While presenting the General Budget 2018-19 in Parliament here today, the Union Finance Minister said, “Curr...
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Union Budget 2018 Highlights
Posted Date : 01-Feb-2018 , 01:02:21 pm | Posted By CASANSAAR
Union Budget Highlights
2018-19
Personal Income Tax rates unchanged; Rs. 40k standard deduction in lieu of present exemption: FM
Senior citizens can claim benefit of reduction Rs. 50,000/ year w.r.t any general health expenditure and health insurance premium: FM
Rs 40,000 standard de...
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Union Budget 2018 - Live Updates
Posted Date : 01-Feb-2018 , 01:26:35 am | Posted By CASANSAAR
FM Arun Jaitley to present Union Budget 2018 today. CASANSAAR are providing you live updates of Union Budget 2018. JUST REFRESH THE PAGE (CLICK F5) FOR ALL LIVE UPDATES.
FM closes his Budget speech and now its time for reactions.
The key takeaways for the market remains the fisc...
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Union Budget 2018 - Watch Live Telecast Online on casansaar.com
Posted Date : 31-Jan-2018 , 09:49:12 pm | Posted By CASANSAAR
Hon'ble Finance Minister's Presentation of Union Budget 2018 in the Parliament on 01st Feb 2018.
...
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Finance Minister to present Union Budget for the next fiscal in Parliament today
Posted Date : 01-Feb-2018 , 09:09:52 am | Posted By CASANSAAR
Finance Minister Arun Jaitley will present the Union Budget for the next fiscal in Parliament today.
He will first present the budget in the Lok Sabha and then in the Rajya Sabha.
Last evening, he examined the final draft of the budget at North Block in the presence of Ministers of...
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Economic Survey 2017-18 predicts 7 to 7.5 percent of country’s GDP growth in 2018-19
Posted Date : 29-Jan-2018 , 02:09:45 pm | Posted By CASANSAAR
Economic Survey 2017-18 has predicted 7 to 7(point) 5 percent of country’s GDP growth in 2018-19. It says that a series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19. It said the employ...
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Budget session of Parliament begins today
Posted Date : 29-Jan-2018 , 09:00:09 am | Posted By CASANSAAR
The Budget session of Parliament begins today. The first phase of the session will commence with President Ram Nath Kovind's address to a joint session of both the houses. The Economic Survey will also be tabled today. The Budget will be presented on Thursday.
During the session, the governme...
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Printing of Union Budget documents 2018-19 begins
Posted Date : 22-Jan-2018 , 09:47:53 am | Posted By CASANSAAR
The printing of union budget documents 2018-19 started pm on Saturday with the traditional annual Halwa ceremony.
Finance Minister Arun Jaitley performed the symbolic Halwa ceremony along with Minister of State for Finance Shiv Pratap Shukla and other senior officials at North Block in New ...
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Budget Session of Parliament to begin from 29th Jan; General budget on 1st Feb
Posted Date : 05-Jan-2018 , 07:30:55 pm | Posted By CASANSAAR
The Budget Session of Parliament will be convened from 29th of this month.
Cabinet Committee on Parliamentary Affairs (CCPA) met in New Delhi and recommend to the President to convene the session.
After the meeting, Parliamentary Affairs Minister Ananth Kumar told reporters in New ...
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Government spending, Deficit in focus ahead of budget
Posted Date : 26-Dec-2017 , 12:38:10 pm | Posted By CASANSAAR
As the government gets down to the business of drawing up the budget, there is a growing view among some influential sections that there should not be any spending cut on key programmes to meet the fiscal deficit target.
The reasoning is that fiscal slippage, if any, is likely to be from th...
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First post-GST budget likely on February 1
Posted Date : 04-Dec-2017 , 09:58:38 am | Posted By CASANSAAR
Finance Minister Arun Jaitley is likely to present India's first post-GST and the current government's last full Budget on February 1 next year.
The Budget session of Parliament may begin on January 30 with President Ram Nath Kovind addressing the Joint Session of both the Houses of...
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0 | Hits : 2018
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Finance Bill 2017 passed in Lok Sabha, mini reforms package
Posted Date : 23-Mar-2017 , 09:13:27 am | Posted By CASANSAAR
The Lok Sabha on Wednesday signed off on Finance Bill 2017, ratifying the government’s tax proposals announced in the budget and also a small but significant package of reform initiatives directed at improving the ease of doing business and boosting anti-corruption initiatives undertaken by th...
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Finance Bill will be passed before March 31 - FM
Posted Date : 08-Mar-2017 , 08:02:46 am | Posted By CASANSAAR
Finance minister Arun Jaitley on Tuesday said the Finance Bill pertaining to the budget 2017-18 will be passed before March 31. This will enable ministries to plan their spending from April 1 as the funds will be available from the start of the fiscal year.
The date for presentation of Union Budg...
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Budget to ensure transparency in political funding - ICAI
Posted Date : 02-Feb-2017 , 08:24:58 am | Posted By CASANSAAR
Apex body of chartered accountants ICAI said the stringent and bold measures proposed in the Union Budget would ensure transparency in electoral funding.
In the Budget, the government has proposed restricting permissible cash donation from any person to a political party at Rs 2,000, among other ...
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Auditors, valuers to be fined Rs 10,000 for incorrect certificate
Posted Date : 02-Feb-2017 , 08:20:32 am | Posted By CASANSAAR
Finance Minister Arun Jaitley on Wednesday proposed to penalise accountants, merchant bankers or registered valuers if they provide incorrect information or certificate.
New section 271J proposed to be inserted to provide that penalty of Rs.10,000 would be levied, if an accountant or a merchant b...
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Budget 2017 proposes a penalty for delayed filing of income tax return
Posted Date : 02-Feb-2017 , 08:14:54 am | Posted By CASANSAAR
Taxpayers who do not file their income tax returns (ITRs) on time will have to shell out a penalty of up to Rs10,000, but from the 2018-19 Assessment Year (AY).
“In order to ensure that return is filed within due date, it is proposed to insert a new section 234F in the Act (I-T Act) to prov...
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Salient Features of Direct Tax Proposals in Union Budget 2017
Posted Date : 02-Feb-2017 , 07:57:51 am | Posted By CASANSAAR
The Union Budget 2017 was laid before the Parliament today by the Hon’ble Finance Minister of India. The salient features of Direct Tax proposals are summarised below:
I. Affordable Housing:
1. &nb...
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FM reduces the tax rate from 10 to 5 per cent for individual income between Rs 2.5 to Rs 5 lakh.
Posted Date : 01-Feb-2017 , 02:32:55 pm | Posted By CASANSAAR
Finance Minister reduces the tax rate from 10 to 5 per cent for individual income between Rs 2.5 to Rs 5 lakh.
Finance Minister appeals to all citizens to contribute to Nation Building by making a small payment of 5 per cent tax if their income is falling in this slab.
A simple one...
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First combined Budget of Independent India, that includes Railways, presented
Posted Date : 01-Feb-2017 , 02:29:36 pm | Posted By CASANSAAR
The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2017-18, in Parliament today, said that this Budget is the First combined Budget of Independent India that includes the Railways. He said that India is now in a position to synergize the inves...
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FIPB to be phased-out in the next fiscal, Bill to be tabled in Parliament soon to crack down on ponzy schemes
Posted Date : 01-Feb-2017 , 02:13:55 pm | Posted By CASANSAAR
While presenting the General Budget 2017-18 in Lok Sabha here today, the Union Finance Minister, Shri Arun Jaitley proposed that the Foreign Investment Promotion Board (FIPB) will be phased-out in the next fiscal. Expressing concern over dubious deposit schemes, Shri Jaitley said that a Bill will so...
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Budget gives a major push to Digital Economy; proposes No Cash Transaction above Rs 3 lakh
Posted Date : 01-Feb-2017 , 02:11:12 pm | Posted By CASANSAAR
In a bid to give a push to Digital Economy and weed-out corruption and black money, the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley in his Budget Speech today said that the Government has decided that no transaction above Rs 3 lakh will be permitted in cash. Accepting a sugge...
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Union Budget 2017 - Finance Minister announces several anti graft and rationalisation measures in the field of Income tax
Posted Date : 01-Feb-2017 , 02:09:27 pm | Posted By CASANSAAR
The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2017-18 in Parliament today said that the present burden of taxation is mainly on honest tax payers and salaried employees who are showing their income correctly. He said that the Government i...
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Union Budget 2017 - Shares of Railway PSEs - IRCTC, IRFC and IRCON to be listed
Posted Date : 01-Feb-2017 , 02:07:00 pm | Posted By CASANSAAR
While presenting the General Budget 2017-18 in Lok Sabha here today, the Union Finance Minister Shri Arun Jaitley has said that the shares of Railway Public Sector Enterprises (PSEs) like IRCTC, IRFC and IRCON will be listed in stock exchanges. The Government will encourage strengthening the CP...
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Union Budget 2017 - Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore
Posted Date : 01-Feb-2017 , 02:04:23 pm | Posted By CASANSAAR
Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore; Threshold for maintenance of books for individuals and HUF more than doubled
Individual Insurance agents earning below taxable limit to be exempted from 5% TDS off commission after filing self-...
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Union Budget 2017 - 18 proposes Reduction in Customs and Excise for Renewable Energy Sector, and Cashless Transaction Devices
Posted Date : 01-Feb-2017 , 02:01:23 pm | Posted By CASANSAAR
The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2017-18 in Parliament today announced substantial relief in Customs and Excise Duties for Renewable Energy Sector and for manufacture of Cashless Transaction Devices.
In a bid to incentiviz...
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Union Budget 2017 - Live Updates
Posted Date : 01-Feb-2017 , 01:03:29 pm | Posted By CASANSAAR
FM Arun Jaitley to present Union Budget 2017 today. CASANSAAR are providing you live updates of Union Budget 2017. JUST REFRESH THE PAGE (CLICK F5) FOR ALL LIVE UPDATES.
Lok Sabha adjourned after Arun Jaitley introduces Finance Bill
GST Council finalised its recommendations; impleme...
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Union Budget 2017 - Watch Live Telecast Online on casansaar.com
Posted Date : 01-Feb-2017 , 08:53:17 am | Posted By CASANSAAR
Hon'ble Finance Minister's Presentation of Union Budget 2017 in the Parliament on 01st Feb 2017.
...
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0 | Hits : 1886
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Finance Minister Shri Arun Jaitley Presented Economic Survey 2016-17 in the Parliament
Posted Date : 01-Feb-2017 , 08:48:50 am | Posted By CASANSAAR
Economic Survey says economic growth to return to normal as new currency notes in required quantities come back into circulation and follow-up action on demonetisation is taken.
The CPI based core inflation remained stable in the current fiscal year averaging around 5 per cent.
The Economi...
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Finance Minister to present Union Budget today
Posted Date : 01-Feb-2017 , 08:36:02 am | Posted By CASANSAAR
Finance Minister Arun Jaitley will present the Union Budget in Parliament today. There will be no separate Rail Budget from this year, as it has been merged with the General Budget.
Yesterday, the Economic Survey was presented in the Parliament.
After presenting the Budget, Mr Jait...
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