Changes made in the Budget 2018 Summary of the Budget 2018:- Income Tax Slabs remain unchanged Cess on Income Tax hiked from 3% to 4% Standard deduction of 40,000 in lieu of transport allowance and other medical expenses. Reintroduction of … Continued
There are a lot of expectations from Budget 2018 and the common man is hoping that with a number of fiscal reforms already in place, and with direct tax collections up post the demonetization period, the government would provide some … Continued
MCA introduces RUN Services & Zero fee for incorporation of Company with authorized capital upto Rs. 10 lakh Stakeholders may kindly note that a new web service “RUN” (Reserve Unique Name) for reserving ‘name of proposed company and for changing … Continued
Notification for extension of filing of quarterly GSTR-1 Government of India Ministry of Finance (Department of Revenue) [Central Board of Excise and Customs] Notification No. 71/2017–Central Tax New Delhi, the 29th December, 2017 G.S.R. (E):— In exercise of the powers … Continued
Introduction to E-Way Bills E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN. A registered person has to generate an E-way bill if the value of goods is greater than Rs. … Continued
Introduction – Taxes are a primary source of funds for the Government. Besides the basic exemption limit, one can avail additional deductions. You need to invest in specified securities in order to take advantage of these additional deductions. In this … Continued
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