NFIR’s proposals for consideration and inclusion in the Budget proposals The National Federation of Railwaymen Federation (NFIR) writes to the Prime Minister Shri Narendra Modi on 30.12.2019 a list of proposals for consideration in the General Budget 2020. Highlights of Proposals: Income Tax Exemption on Pension for Senior Citizens Restoration of Pension completion of Ten […]
Highlights of Union Budget 2017-18
Highlights of Union Budget 2017-18 1. All taxpayers above 5 lakh rupees to get benefit of 12,500 rupees across the board: FM 2. 10% Surcharge on individuals with income between 50 lakh to 1 Crore: FM 3. Surcharge of 10% for individuals earning between Rs 50 lakh- 1 crore; Surcharge for incomes > Rs 1 […]
Finance Minister Arun Jaitley will present the annual budget today
Finance Minister Arun Jaitley will present the annual budget today. For the first time it will be presented on the first of Feb. Well a lot is expected, from an increase in income tax exemption limits, to incentives for the MSME sector post demonetisation. It is also the first time that there will be no […]
No Cash Transaction above Rs 3 lakh – FM
No Cash Transaction above Rs 3 lakh – FM Press Information Bureau Government of India Ministry of Finance 01-February-2017 13:57 IST Budget gives a major push to Digital Economy; proposes No Cash Transaction above Rs 3 lakh Government to launch schemes to promote BHIM app, Aadhar Enabled Payment System Mission to be set-up to achieve […]