TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2016: Amendments to Income-tax Act 1961, New Tax Rates, Marginal Relief, and Reduced Rates for New Manufacturers</h1> The Finance Bill, 2016 proposes amendments to the Income-tax Act, 1961, and other related acts, focusing on direct taxes. It prescribes income tax rates for the assessment year 2016-17, including surcharges for individuals, Hindu undivided families, firms, companies, and local authorities with incomes exceeding one crore rupees. Marginal relief is provided to limit tax increases. The Bill maintains the education cess and introduces a reduced tax rate for newly established manufacturing companies. It also outlines tax deduction at source rates and surcharges for non-residents, with specific provisions for domestic and foreign companies.
TaxTMI 
TaxTMI 
