Highlights of Budget 2017 : (Part 2) by Saurabh Chhabra

Below are key Highlights of Budget 2017 : Personal Income-Tax No Change in Slab rates i.e it has been retained at 2.5 Lakh Tax Rates has been reduced from 10% to 5% for slab 2.5 Lakh to 5 Lakh Rebate under section 87A has been reduced from 5000 to 2500 and will now be available... Continue Reading →

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Highlights of Budget 2017 : Custom Laws (Part 1) by Saurabh Chhabra

General Changes in Custom Duty Rates : Basic Customs Duty (BCD) on Liquefied Natural Gas has been reduced from 5% to 2.5% BCD on Medium Quality Terephthalic Acid (MTA) & Qualified Terephthalic Acid (QTA) reduced from 7.5% to 5% BCD on Nickel has been exempted from the earlier level of 2.5% BCD on Vegetable tanning... Continue Reading →

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