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Search results for: section 54

Budget 2016: Modifications Made by Jaitley to the Tax Regime

Announced on Monday, the Budget 2016-17 has been reported by the Union Finance Minister Arun Jaitley who spoke about the various income tax proposals for small tax payers, corporate tax, pension, tax exemptions and rationalisation of taxes. It has been said that one of the chief purposes behind this altered tax regime is to boost […]

Budget 2016 Unveils Tax Relief for Small Taxpayers

The Finance Minister Arun Jaitley unveiled three new measures to provide Income tax relief for the small taxpayers. Mr Jaitley proposed, Under Section 87A of Income Tax Act, The deduction limit of Income tax increased from Rs. 2000 to Rs. 5000 per annum. Prior, It reduces only Rs. 2000 of the total tax payable. This […]

Common Man Expectations in Budget 2022

7 Expectations of Mango People in Upcoming Budget 2022

The Union Budget 2022 is closing near day by day as the budget will be presented on February 1, 2022, by the FM, Nirmala Sitharaman. The mango people have many more expectations from this budget. Therefore, we come with seven common expectations from the mango man. Interest Deduction on Self-occupied House Presently the Section 24B […]

history of ca

The History of Chartered Accountants in India

Long ago, when our country was under the rule of British East India Company, an act came into the effect which stipulated several books that were required to maintain by a registered Company under The Companies Act, 1913. The requirement of an auditor was also there to maintain these books. The auditors have need of […]

SAG Infotech Official Blog for Tax & GST Updates

Welcome to the official blog of SAG Infotech Private Limited Here you can find all the latest and updates news, articles, rules and regulation related to the taxation industry with official notifications including GST, Income Tax, TDS. One can also go through product-related articles and description and can request for a free demo through the query […]

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