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Taxzippy
Brand : Taxzippy
9810230246
Rajendra Nagar
P.O. Box: Rajendra Nagar
New Delhi
New Delhi
110096
India
Income Tax Website for Efiling Taxes, ITR Forms, etc.

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Follow Budget 2016 on ET

Highlights of Budget 2016



  1. Deductions under Section 80GG revised to INR 60,000 PA

  2. <<<<<<< HEAD
  3. Tax Rebate for Small tax Payers increased to 5,000/- under section 87A

  4. EPF contibution of 8.33% for all new employees for the 3 yeras by government

  5. Surcharge for Higher Income (above 1 crore) to increase to 15%

  6. 80JJAA deduction introduced for all who are eligible for Tax Audits

  7. Estimated income to be allowed for small scale traders having less that 2 crore turnover

  8. Estimate income also introduced for small Scale professionals

  9. No interest, penalty in case of retrospective tax implications

  10. One time Voluntary Disclosure scheme for undisclosed income and assets

  11. Luxury cars and SUV's, Luxury Jewellery and barded clothes to get costlier

  12. Tobacco products other than bedi's to get costlier

  13. Infrastructure bonds to be introduced for funding Infrastructure

  14. No service tax on Small Housing Schemes for Affordable Housing

  15. Direct Benefit Scheme for Agricultural Sector (Aadhar Linked)

  16. E-Sahayog to be promoted

  17. 9% interest to be paid to the tax payer for delayed refunds.

  18. Online rectification for income tax to be given importance

  19. =======
  20. Tax Rebate for Small tax Payers increased to 5,000/- under section 87A

  21. EPF contibution of 8.33% for all new employees for the 3 yeras by government

  22. Surcharge for Higher Income (above 1 crore) to increase to 15%

  23. 80JJAA deduction introduced for all who are eligible for Tax Audits

  24. Estimated income to be allowed for small scale traders having less that 2 crore turnover

  25. Estimate income also introduced for small Scale professionals

  26. No interest, penalty in case of retrospective tax implications

  27. One time Voluntary Disclosure scheme for undisclosed income and assets

  28. Luxury cars and SUV's, Luxury Jewellery and barded clothes to get costlier

  29. Tobacco products other than bedi's to get costlier

  30. Infrastructure bonds to be introduced for funding Infrastructure

  31. No service tax on Small Housing Schemes for Affordable Housing

  32. Direct Benefit Scheme for Agricultural Sector (Aadhar Linked)

  33. E-Sahayog to be promoted

  34. 9% interest to be paid to the tax payer for delayed refunds.

  35. Online rectification for income tax to be given importance

  36. >>>>>>> efed367fb41eaa3719f968f90cbad08ffbdfc5be





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