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Tag: Union Budget 2017


Budget 2017 : Capital Gain provisions changed

The process of computation and taxation of capital gains has seen a significant overhaul in this Budget. The changes made to the system are: Definition Capital assets had been defined ...

Budget 2017 : Return filing and assessment related changes

Late filing of returns to cost money now! Delayed filing of returns will cost Rs 5000 if filed after due date but before 31st December of the assessment year and ...

Budget 2017 : Benefits for Start-Ups

Extension and rationalization of tax exemption for start-ups The Startup India plan provided for exemption from taxes for a period of three years to eligible start-ups by way of section ...

Budget 2017 : Transfer pricing changes

For reducing the compliance burden on domestic assessee, only transactions with entities who are deriving benefits from tax exemptions and other similar provisions allowing them lower rates of taxes will ...

Budget 2017 :Good news for foreign investors

The biggest news received by foreign investors, specifically foreign direct investors, this budget was the announcement by the FM towards the scrapping of the Foreign Investment Promotions Bureau ("FIPB") . ...