What’s in the budget for 2016-17 ?
Union Minister for Finance, Mr. Arun Jaitley announced the budget 2016-17 that seems to have brought some relief to the small taxpayers and the business owners. The budget also has no relief in the Income tax slabs or the 80C limits. The EPF withdrawal will also be taxed on 60% corpus. There are of course mixed reaction from people at various income levels and strata. The details of the budget The budget’s focus is on the rural economy and of course, the farmers were getting neglected for decades. There is […]
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