Income tax slab Income Slab Tax Rate Income up to Rs. 3 lakh Nil Income from Rs. 3 lakh to Rs. 5 lakh 5% Income above Rs. 5 lakh to Rs. 10 lakh 20% Income above Rs. 10 lakh to Rs. 50 lakh 30% Income above Rs. 50 lakh to Rs. 1 crore … Continue reading Summary of the Union Budget 2017
After the government suddenly pulled the rug out from under the country by banning the Rs. 500 & Rs. 1,000 notes, everyone has been hoping the budget (due on 1st Feb) will soothe the pain and hardships felt by the public. What about startups? What can we expect in the budget? One of the key … Continue reading Union Budget 2017 Expectations: Will Demonetization Woes Be Soothed By Budget?
GST is rolling out, with a phased registration for VAT assesses initially with other tax assesses coming in for registration later GST will be applicable in India on the appointed date viz. 1st April, 2017. Before this date all the registered assesses with State/Center need to enroll at the GSTN portal To begin with, … Continue reading GST – How to Enroll?