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Summary of Budget 2017

Summary of Budget 2017

Relevant for individual tax payers Tax Rates Tax rate for individual assessee, having income between Rs.2.5 lakhs to Rs.5 Lakhs, is reduced to 5% from existing rate of 10%. Surcharge @10% of tax payable on categories of individuals whose annual taxable income is...
Budget 2017 Highlights and Tax Update

Budget 2017 Highlights and Tax Update

The Big Budget is out today, putting an end to a lot of speculations. Here are the highlights of this year’s proposed budget 2017 and for the benefit of our clients, we have bifurcated the proposals relevant for salaried class. Budget 2017, Proposals relevant...