India Forums



Go Back   India Forums > India Business & Industry > Shopping and Services
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 02-02-2018, 08:36 PM
megri's Avatar
megri megri is offline
Administrator
 
Join Date: Dec 2004
Location: Chandigarh India
Posts: 1,390
Default Budget update 2018

Budget 2018.Standard Deduction of 40000 for Salaried. Conveyance allowance & Medical reimbursement taxable. No change in Personal Tax Rates. Higher cess of 4%.
Government to bear Employer PF contribution of 12% for new staff for 3 years. Women to contribute 8% PF for first 3 years but Employer contribution @ 10%/ 12%.
LTCG on shares of more than Rs 1 lac to be taxed @ 10% WITHOUT Indexation.
Difference in Circle rate of up to 5% not to be treated as income in property deals.
E-Way Bill: In view of difficulties faced by the trade in generating e-way bill due to initial tech glitches, it has been decided to extend the trial phase for generation of e-way bill, both for inter and intra-State movement of goods. Eway Bill for inter state movement of Goods will be applicable w.e.f. 21.2.18...As per latest information...
Features for filing Form GST ITC-04 have been enhanced on the GST portal to allow multiple entries of items in a single challan.
MCA has notified that to access DSC related services of MCA, new settings are required effective Febí03, 2018.
SEBI has agreed to transfer Rs 16.7 billion of its surplus funds to the government. The Centre has been eyeing these resources, which would enable it to reduce the fiscal deficit.

__________________
Founder & Creative Mind of Megrisoft
www.indiabook.com
Entertainment
Please Do Not Spam Our Forum
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

All times are GMT +5.5. The time now is 02:55 AM.


Powered by vBulletin Version 3.5.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.