February 2, 2017
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BUDGET 2017 – HIGHLIGHTS – INDIRECT TAX
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SERVICE TAX Amendment in Mega Exemption Notification No. 25/2012 ST dated 20.06.2012 Services provided or agreed to be provided by the Army, Naval and Air Force Group Insurance Funds by way of life insurance to members of the Army, Navy and Air Force under the Group Insurance Schemes of the […]
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BUDGET 2017 – HIGHLIGHTS – DIRECT TAX
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PERSONAL TAXATION The existing rate of income tax applicable on income between Rs. 2.5 lacs to Rs. 5 lacs is proposed to be reduced from 10% to 5% in case of individuals/HUFs or AOPs or BOIs. The rebate of Rs. 5,000 currently available under section 87A in case of an […]