Budget 2018: Latest News and Updates, Top Stories, Videos, Photos About Budget 2018

These Items Will Now Be Costlier Or Cheaper Due To Custom Duty Changes

As the new financial year 2018-19 kicks in, some of the following items that are imported and fall under custom duties will see a change in price from April 1, 2018. This is due to the fact that several proposals concerning ...

Budget 2018 Proposals That Will Apply From April 1

While income tax slabs and rates were kept unchanged in the Budget 2018 announced on February 1, there are several proposals that will come into effect from April 1. 1. Standard deduction for salaried class: A standard deduction of ...

NPS To Provide Tax Exemption On 40% Corpus At Maturity For Non-Salaried Class

In his Budget 2018 speech, Finance Minister Arun Jaitley has proposed to extend partial tax exemption benefits on 40% of the maturity corpus on closure of the account or on opting out of the NPS scheme to non-salaried or self-employed class. ...

Union Budget 2018: Senior Citizens Expect Tax Exemption On FDs And Other Sops

Senior citizens are now being provided a status at par with other class and in a recent monetary policy review meet of the RBI, the bank even weighed on the premise of providing them with doorstep banking services to lessen their ...

Budget 2018: Salaried Class May Expect Reintroduction Of Standard Deduction

Apart from the moderate tax structure and no change in dividend tax, the pre-budget survey highly expects the replacement of multiple outdated deductions with standard deduction to increase the take home pay for the salaried class and reduce their tax burden. ...

Nifty Rally From 10,500 To 10,900

The psychological 10,900 for the Nifty has also been hit yesterday and to celebrate it the closing bell was rung by the students of the associated Institute who are involved in creating mass financial awareness. Some of the reasons for such ...

Section 80C Investment Limit Likely To Be Made Rs. 2 Lakh In Union Budget 2018

The announcement of the budget for the FY 2018-19 is not far away and it is highly expected that the finance ministry in order to promote individuals to channelize more income towards financial instruments raise the investment limit under section 80C ...

Budget 2018: Automakers Seeks 2 GST Rates For Passenger Vehicles

Automobile industry body SIAM is seeking two tax rates for passenger vehicles under the Goods and Services Tax (GST) regime instead of multiple rates levied currently, as part of its wish list for the upcoming Budget. The industry body has also ...

FM To Present 2018 Budget On February 1

Keeping the practice started last year intact, Finance Minsiter will likely announce the budget for the year 2018 on February 1. The minsiter's 5th budget and the government's last before the poll for the 2019 kicks in will now paint a ...

Budget 2018 News