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Budget 2016: Service Tax Changes

The Recent Budget has made the many Changes in the Service tax. These are in the light of growing service sector which is immensely contributing to the Government treasury. 1. Increase in the Rate of Service tax: Service Tax rate… Continue Reading

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Budget 2016: International Tax Amendments

This budget has incorporated some significant changes with respect to the international taxation like MAT relief, Equalization levy etc. Lets see some of the important amendments 1. No MAT on Foreign Companies: MAT on Foreign companies was a very disputed… Continue Reading

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Budget 2016 – Direct Tax Amendments

The BJP Government presented its 2016 budget on 29th February 2016. Finance minister Mr Arun Jaitley, has given us a balanced budget. The BJP government has also taken steps to improve the industrial production & also make its Make In… Continue Reading