Wealth-The Economic Times 30 March 2018

LTCG tax, other Budget proposals to kick in from Sunday

Besides LTCG tax, other tax proposals like reduced corporate tax of 25% on businesses on turnover of up to Rs 250 cr and a standard deduction of Rs 40,000 in lieu of transport allowance and medical reimbursement will come into effect from Sunday.

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LTCG tax, other Budget proposals to kick in from Sunday

The Union Budget 2018-19 was the last full budget before the general elections next year, when a vote on account would be presented.

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LTCG tax, other Budget proposals to kick in from Sunday

The Union Budget 2018-19 was the last full budget before the general elections next year, when a vote on account would be presented.

Read More →

Didn't file ITR for last two financial years? Here's why you should before March 31

As per the income tax laws, it is mandatory for individuals having income more than basic exemption limit (depending on the age) to file ITR.

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