https://www.taxtmi.com/article/detailed?id=7845 Budget 2018 introduces direct tax changes including a Long-term capital gains tax on listed equity gains at a concessional rate, an increased health and education cess, expanded standard deduction for salaried employees, senior citizen mediclaim benefits, full initial deduction for qualifying farmer producer companies and concessional corporate rate benefits for smaller firms; it also raises customs duties on specified mobile and television components and advances reforms such as a unique enterprise identifier, GSTN linked SME loan sanctioning, bank recapitalisation, blockchain exploration, and major programmatic investments in health, rural development and infrastructure. en-us Thu, 01 Feb 2018 19:31:17 +0530 Thu, 01 Feb 2018 19:31:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7845 Budget 2018 introduces direct tax changes including a Long-term capital gains tax on listed equity gains at a concessional rate, an increased health and education cess, expanded standard deduction for salaried employees, senior citizen mediclaim benefits, full initial deduction for qualifying farmer producer companies and concessional corporate rate benefits for smaller firms; it also raises customs duties on specified mobile and television components and advances reforms such as a unique enterprise identifier, GSTN linked SME loan sanctioning, bank recapitalisation, blockchain exploration, and major programmatic investments in health, rural development and infrastructure. Articles Income Tax Thu, 01 Feb 2018 19:31:17 +0530 https://www.taxtmi.com/article/detailed?id=7845