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Budget 2018

Budget 2018 reduces 2 Rs. Excise Duty on Petrol and Diesel: No Benefit to Consumers, says Hasmukh Adhia

Taxscan Team

The Modi Government Union Budget of 2018 took a different approach for excise duty on petroleum products. During the Budget day, the Finance Minister...

Budget 2018: Govt to Mandate Quoting of PAN for Transactions over 2.5 Lakhs

Small Accounts - Money - Government - Taxscan

Govt to Establish a Unified Authority for regulating all financial services in IFSCS in India

Govt. proposes Tax Incentive for Promoting Post-Harvest Activities of Agriculture

Budget 2018: FM proposes to amend Customs Act to reduce Litigations

Budget 2018: Income Tax Rates Applicable to AY 2019-20

The Finance Minister Arun Jaitley today proposed the union budget 2018, wherein no change has been proposed in the tax slabs. While pronouncing the Budget, the Minister said that “Government has...

Bitcoin Holders are under Tax Scanner: Finance Minister

While pronouncing this year’s Union Budget 2018, the Finance Minister Arun Jaitley has reaffirmed that cryptocurrencies would not be considered as legal tender and the holders of cryptocurrencies...

Bitcoin Tax - Supreme Court Cryptocurrency - RBI -Bitcoin - GST

Tax Benefits to Senior Citizen under Budget 2018

Finance Minister Arun Jaitley delivered his budget speech for the year 2018-19 before the Parliament today. The budget is largely focused on boosting the agriculture sector, healthcare sector along...

Long Term Capital Gains exceeding Rs. 1 lakh subject to Tax without the Benefit of Indexation

The Union Finance and Corporate Affairs Minister Shri Arun Jaitley today proposed to tax long term capital gains exceeding Rs.1 lakh at the rate of 10% without allowing the benefit of any indexation....

Budget 2018 proposes to Increase Customs Duty on Mobile Phones from 15% to 20%

In the first General Budget 2018 after the roll-out of the Goods and Services Tax (GST), the Union Minister for Finance and Corporate Affairs, Arun Jaitley, made a calibrated departure from the...

Deduction in respect of New Employee u/s 80JJAA Extended to Footwear and Leather Industries

In the Union Budget presented today in Parliament, the Union Minister for Finance and Corporate Affairs, Arun Jaitley has proposed to extend Deduction in respect of New Employee under Section 80-JJAA...

Incentive For Real Estate : No Adjustment to be Made If The Circle Rate Value Does Not Exceed 5% Of the Consideration

The Union Minister for Finance and Corporate Affairs, Arun Jaitley proposed that no adjustment shall be made in a case where the circle rate value does not exceed 5% of the consideration. While...

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