https://www.taxtmi.com/article/detailed?id=7843 The Budget tables major sectoral allocations across agriculture, health, rural livelihood and infrastructure while committing to a specified fiscal deficit trajectory and a disinvestment and public insurance consolidation programme. On taxation and regulation it introduces a Long Term Capital Gain tax with transitional share purchase exemptions, extends reduced corporate tax treatment to companies under a turnover threshold, retains personal slab rates, provides a Standard Deduction for salaried taxpayers, raises senior citizen medical deductions, grants 100% deduction to farmer producer companies, and proposes an amendment to enable electronic assessments. en-us Thu, 01 Feb 2018 19:31:14 +0530 Thu, 01 Feb 2018 19:31:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7843 The Budget tables major sectoral allocations across agriculture, health, rural livelihood and infrastructure while committing to a specified fiscal deficit trajectory and a disinvestment and public insurance consolidation programme. On taxation and regulation it introduces a Long Term Capital Gain tax with transitional share purchase exemptions, extends reduced corporate tax treatment to companies under a turnover threshold, retains personal slab rates, provides a Standard Deduction for salaried taxpayers, raises senior citizen medical deductions, grants 100% deduction to farmer producer companies, and proposes an amendment to enable electronic assessments. Articles Income Tax Thu, 01 Feb 2018 19:31:14 +0530 https://www.taxtmi.com/article/detailed?id=7843