Recent Updates - Pooja R Teli & Co, Chartered Accountants

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

| Attachments: Union Budget 2020-2021.pdf

Highlights of Interim Union Budget 2019-20

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

| Attachments: Highlights of Interim Union Budget 201920.pdf

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

| Attachments: Union Budget1819_Allocation.pdf Union Budget1819_Direct Tax proposal.pdf Union Budget1819_indirect tax proposal.pdf

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

| Attachments: Budget high lights1819.pdf

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

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

The 25^th GST Council meeting held on 18^th 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

| Attachments: Recommendations made on GST Rate changes on services by the 25th GST Council Meeting.pdf