In the last few years, government is encouraging the start-up businesses by announcing various incentives and tax exemptions. The taxation policies of the government have also witnessed lot of changes. The Govt launched the Start-up India Action plan to boost the start-up culture and encourage en…
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Union Budget 2017: Big cheer for taxpayers with income below Rs 5 lakh Tax rate slashed to 5%
Union Budget 2017: Finance Minister Arun Jaitley in his speech announced that he will reduce the tax rate of individuals earning between Rs 2.5 lakh to Rs 5 lakh to 5% from the current 10%. This would also translate into an additional benefit of Rs 12,500 for tax payers even beyond Rs 5 lakh. To …
Arun jaitley makes ‘room’ for Startups & SME, supporting act falls short of an Oscar
In a speech peppered with references to startups and MSMEs, Finance Minister Arun Jaitley in his Budget presentation for 2016-17 had a series of policy initiatives and schemes that aimed at easing the hurdles that startups face and ensuring MSMEs in the country get a boost. Launching the Startup …