Budget 2018-19

New Scheme for Assessment in Electronic Mode – Finance Minister

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New Scheme for Assessment in Electronic Mode – Finance Minister Ministry of Finance Amendments in the income-tax act proposed to notify a new scheme for assessment in electronic mode. E-assessment to be rolled-out across the country to transform age-old assessment procedure In the General Budget 2018-19 presented in Parliament today, the Union Minister for Finance … Read more

Exemption of Interest Income on deposits increased to Rs 50,000 to Senior Citizens

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Exemption of Interest Income on deposits increased to Rs 50,000 to Senior Citizens Ministry of Finance Relief to Senior Citizens: Exemption of Interest Income on deposits increased to Rs 50,000 Pradhan Mantri Vaya Vandana Yojana extended up to March 2020 Existed limit on investment under PMVVY enhanced to Rs 15 lakhs With the objective of … Read more