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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 ...

How Will LTCG Be Calculated on Equity & MF in 2018-19?

The budget presentation on 1st of February revealed that Long Term Capital Gains (LTCG) will be taxed at 10% from 1st of April 2018 and we will be stripped off the tax-free benefits. There is, however, some relaxation on shares bought ...