Highlights of the Union Budget 2016

Highlights of the Union Budget 2016

This post first appeared on ClearTax

Major Updates

Substantial Relief for Low-Income EarnersPeople earning less than 5 lacs in annual income will see relief thanks to an increased tax rebate of Rs.5000. This rebate will be extended under Section 87A.

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Week #7: It’s All About the Money!

Week #7: It’s All About the Money!

December 14 to December 20, 2015. Week #7


The Big National News

No GST even in this session.

Finance Minister Arun Jaitley on Saturday indicated that the government may not be able to pass the Goods and Services Tax (GST) Bill in the ongoing session of Parliament.

Why?

Continue reading “Week #7: It’s All About the Money!”