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164 ArticlesBudget

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Clearing the Confusion on How EPF is Taxed at Exit in Budget2016

There’s a lot of confusion about the whole EPF taxation thing. Let us explain. Employees put money every month into their EPF (12% of salary) and the ...
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Budget 2016: For you and me – some taxes, some more taxes, and even more taxes!

The budget wasn’t as big a deal as we might have expected but there are a few things we have to note: You have a lot more taxes. Nothing happened to tax ...

Budget 2016: More Incentives for losing money in Real Estates

The existing provisions of section 80EE provide a deduction of up to 1 lakh rupees in respect of interest paid on loan by an individual for acquisition of a ...

Budget 2016: Pay Pollution Cess on Cars and even more on SUVs

Looking for new sources of Income, Mr. Arun Jaitley introduced the Infrastructure Cess on Motor Vehicles. If you read between the lines, you will notice that ...

Budget 2016: The Service Tax Increases to 15%; Ambit gets Revamped

As the Budget day 2016 dawned upon us, expectations were lofty; would the government ease taxation? What about small savings schemes? Oh, the subsidies, ...
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Budget 2016: Widening of the DDT net to Individuals/ HUF/ Resident in India

Prior to today’s session of Budget 2016, dividends received from listed companies was not taxed in the hands of the shareholders (Individuals/ HUF/ Resident ...
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Watch Live Updates of Indian Budget 2016

More poetry. This is the end. #Budget2016 — Capitalmind (@capitalmind_in) February 29, 2016 12:37:15 PM: 96 minutes into the Budget. @arunjaitley ...

Budget Wish: Increase "no-tax" slab to Rs. 500,000, remove all 80C exemptions

As the budget rolls in, there are a few things we think would be cool if they came through. Not all of the following are likely or even part of the government ...
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Budget 2016: Less than 50% in Water Reservoirs, But Will a La Nina Provide A Better Monsoon?

In what might be heartwarming news, the exit of an El Nino and a potential La Nina situation may augur well for Indian farmers, and for overall water supply at ...
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Budget 2016: The Shift from Consumption Taxes to Income Tax Since 1970 in Government Revenue

With a couple of days to go for the Union Financial Budget of 2016-17, we take a closer look at the Union Financial Budgets of the previous year to see how ...
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