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Highlights of Union Budget 2016

12:40 Propose to rationalise norms for tax deducted at source: FM 12:40 Dividend Tax rate of 10% for individuals/HUF if dividend in excess of 10 lk/annum: FM 12:38 Propose to abolish 14 different cesses levied by ministers: FM 12:36 Skill development reforms to boost MII: FM 12:35 To lower penalty to 50% of tax in […]

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Stock Market News

Highlights of Union Budget 2016

12:23 ‪#‎Tax‬ exempt 40% of withdrawal from NPS at retirement: FM 12:23 Propose 100% deduction to undertakings for construction of affordable housing: FM 12:23 DDT exempted from REITs: FM 12:21 Propose to make some changes in customs, excise duty rates: FM 12:19 Propose to implement GAAR from April 1, 2017: FM 12:19 Propose complete passthrough […]

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Stock Market News

Highlights of Union Budget 2016

12:10 To do away with plan & non-plan classification from FY18: FM 12:10 2.5% revenue deficit target for FY16: FM 12:09 Committee To Review FRBM: FM 12:08 Non-plan classification from FY18: FM 12:06 Non-plan expenditure at ‘14.28 lk cr: FM 12:05 15.3% increase in plan expenditure to to Rs 5.5 lk crore: FM 12:04 FY17 […]

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