Synopsis of Union Budget 2020-2021

posted Feb 1, 2020, 6:50 PM by Admin - P R Teli & Co

The Union Budget 2020-21 presented by Our Honourable Finance Minister Smt Nirmala Sitharaman, appears to have been presented with an intention:

 ·         To provide overall Economic development of the country with focus on development in Agriculture, Rural Sector, Infrastructure, Sanitation, Healthcare, Education, Digitization etc.

·         To incentivise exports

·         To promote Manufacturing sectors in line with the Make in India ideology of the Modi Government

·         To promote provide quality learning experience and

·         To provide momentum, to the buoyancy in  taxes through

o   tax-incentives,

o   reducing tax rates for co-operative society, individual and Hindu undivided family (HUF),

o   deepening and widening of the tax base,

o   removing difficulties faced by taxpayers,

o   Rationalisation of Tax provisions

o   curbing tax abuse and enhancing the effectiveness, transparency and accountability of the tax administration.

Attached herewith is the summary on Union Budget 2020-21, hope you have a pleasant read

Highlights of Interim Union Budget 2019-20

posted Feb 4, 2019, 10:23 PM by Admin - P R Teli & Co


Union Budget 2018-19 Detailed

posted Feb 2, 2018, 1:01 AM by Admin - P R Teli & Co

Detailed Summary of Union Budget 2018-19 covering
  • Allocations
  • Direct Tax Proposals
  • Indirect tax Proposals

Union Budget 2018-19 Highlights on Tax Proposals

posted Feb 2, 2018, 12:58 AM by Admin - P R Teli & Co

With focus area in allocation of funds to :

 

·         Strengthen Rural and Agricultural sector

·         Infrastructure sector

·         Improve the quality of Education

·         Provision of Good health benefits for Lower and Middle class

·         Benefits to Senior Citizens

·         Good governance and Digitisation

 

Our Honourable Finance Minister Shri Arun Jaitely presented Union Budget 2018-19, it being the last full term budget of Modi Government before Elections.

 

Attached herewith brief summary of the Tax proposal of Union Budget 2018-19

The 25th GST Council meeting held on 18th January, 2017

posted Jan 23, 2018, 3:51 AM by Admin - P R Teli & Co

The 25th GST Council meeting held on 18th January, 2017  gave us a mixed bag of changes in the form of changes in GST rates, providing relief in the form of increasing/providing exemptions with or without sunset clauses in certain cases and/or providing concessional tax rates as in housing sector, issuing clarifications etc 

Extension of Duedate for filing GSTR 1A extended

posted Nov 8, 2017, 4:32 AM by Admin - P R Teli & Co


E way bill Rules

posted Aug 31, 2017, 1:59 AM by Admin - P R Teli & Co   [ updated Aug 31, 2017, 1:59 AM ]

Rules on E-way bill as notified by CBEC

Steps for payment of taxes under GST

posted Aug 9, 2017, 10:36 PM by Admin - P R Teli & Co


SOME BASIC CONCEPTS IN GST ERA

posted Jun 30, 2017, 7:55 AM by Admin - P R Teli & Co


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