GST India : How Will It Affect Common Man Finances?
The Goods and Services Tax (GST) was approved in August 2016. It’s due to be implemented anywhere from April 1 2017 to September 16 2017. With the launch of the GST bill, people are wondering how things will change. Here’s what you a common man needs to know about...GST and Business: GST likely to have positive impact on SMEs
Small and medium enterprise owners have been pondering over the impact of GST for small business since the announcement on the upcoming implication of the Goods and Services Tax made news in the final months of 2016. When GST news first hit the country, it was assumed...Change of base year impact on Capital gains
In Budget 2017,Finance Minister Arun Jaitely has proposed to change the base year to calculate the indexation benefit from 1981 to 2001 in the budget. The change in the base year is across all asset classes but the impact would differ across assets that enjoy...Income Tax Operation Clean Money,How to Check Cash Transactions 2016
In another step towards cleaning black economy, the govt has launched operation clean money campaign. Data mining exercise under Operation Clean Money will be undertaken in several phases over the next two years. Under Phase 1 of Operation Clean Money launched by the...How much should you invest to claim Maximum tax deduction under 80C?
We all want to save income tax legitimately on our hard earned money! But how much do you need to invest to save maximum income tax? The article helps to figure out how much of your Section 80C limit has been taken care of and how much you should invest to claim tax...Subscribe to All Our Posts
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