tax

Will the populist Budget tax the rich farmer?

The mission of government is to raise income-tax collection by bringing more people in the net of taxs. Government is strictly discouraging taxs evasion. However, an area, where the government can get a quick dividend is agricultural income even without burdening the small and marginal farmers. In India not all farmers are poor. Within agriculture, […]

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bitcoin

Will Budget Evade Bitcoin? Why Clarification on Cryptocurrencies Is Needed

Presently people are not paying GST on Bitcoin; however, the government is working on it so that it can provide clarity. It is expected that the FM Arun Jaitley will give certainty on this matter in the Budget 2018. He would clear the air about the taxability of Bitcoins in India. People are waiting for […]

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government

Government to Bring On Relief for Retail Investors by Exempting LTCG: Union Budget 2018

The government is expected to twist some rules relating to taxation of capital gains from shares and increase the holding period for long-term capital gains. As the government is seeking to strengthen its revenues from financial markets so it will increase the holding period long-term capital gains from shares to over two years from one […]

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government

Government to increase health spending by 11 – Union Budget 2018 Highlights

It is expected that in the upcoming budget, leading government will raise its public health spending by 11 percent. After rejecting Health Minister JP Nadda’s demand for a much bigger increase to ramp up disease control in a letter to the finance minister on Nov. 26. JP Nadda asked for a bare minimum budget of nearly $10 billion for 2018-19. However, […]

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Union Budget 2018

All Eyes of Indian Middle Class Citizens On Union Budget 2018

This year’s Union Budget is having high expectations. It is expected that Union Budget for 2018-19 will be crucial for Prime Minister Narendra Modi and ruling BJP dispensation as it is the last year of the Modi Government. During the tenure of honorable Prime Minister, he took two of the biggest financial decisions and those were of demonetization and […]

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