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Union Budget 2017 – What’s cheaper and what’s costly

What’s cheaper and what’s costly Items Tax Before After Non-residential courses at IIM Service Tax 14% Nil Solar Energy & Windmills Basic customs duty (Solar tempered glass) 5% Nil Generic Medicines & Drugs Affordable price Group insurance for Defense services Service Tax 14% Nil Liquefied Natural Gas Basic customs duty …

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Union Budget 2017 – Mandatory TDS for House Rent

Is your rent payable is Rs.50,000/- or above every month? Then definitely you have one additional role now! You have to deduct 5% tax at source. This proposal has been made in this union budget in order to curb the false house rent allowance claims.  “In order to widen the …

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