Key highlights of Arun Jaitley’s Union Budget 2017-18

Key highlights of Arun Jaitley’s Union Budget 2017-18

On 1st February, 2017 the Union Budget 2017-18 was presented by the Finance Minister Mr. Arun Jaitley in the Lok Sabha. The 2017-18 Union Budget was presented amidst a somewhat wobbly backdrop of the world economy facing considerable uncertainty, increasing signs of a retreat from globalization of goods the world over, and high expectations from […]

Govt injects 100 % FDI in Defence, Pharma, Civil Aviation

Govt injects 100 % FDI in Defence, Pharma, Civil Aviation

Government of India made changes to the FDI policy at a meeting chaired by Prime Minister Narendra Modi. The government on Monday (20 June, 2016) announced fresh liberalisation of FDI rules throwing open food retail, airlines and private security firms to higher overseas investment.  Now we will know what are the key changes. Key changes […]

India third largest oil consumer behind US and China

India third largest oil consumer behind US and China

Do you know? On 9 June, 2016 India has surpassed Japan to become the world’s third-largest crude oil consumer, with its oil demand galloping 8.1 per cent in 2015, according to BP Statistical Review of World Energy released on Wednesday. With demand of 4.1 million barrels per day, India is the third-largest consumer behind US (19.39 million bpd) […]

Know little about Direct Tax Dispute Resolution Scheme 2016

Know little about Direct Tax Dispute Resolution Scheme 2016

From 1st June 2016, Direct Tax Dispute Resolution Scheme 2016 came into effect which was incorporated as Chapter X of the Finance Act, 2016. In order to reduce the huge backlog of cases and to enable the Government to realise its dues expeditiously, the Direct Tax Dispute Resolution Scheme 2016 & Equalisation Levy came into effect from […]

All things you should know about Krishi Kalyan Cess- KCC

All things you should know about Krishi Kalyan Cess- KCC

Today we will discuss about Krishi Kalyan Cess. Budget 2016-17 proposed to impose a Cess, called the Krishi Kalyan Cess, of 0.5% on all taxable services. The new effective Service Tax hence increased to 15% from 14.5%. So it is not a scheme, it is just a new kind of tax that Finance Minister has introduced. What is […]

Union Budget of India 2016-17 Quiz

Union Budget of India 2016-17 Quiz

Hi Welcome to TCA page. Today we are conducting quiz on Union Budget of India 2016-17 Quiz. Hope you will like it. Questions are tough, so if you do not solve rightly, do not lose heart. Just always learn from your small mistakes. The Union Budget 2016-17 is important from an examination point of view as […]

1 2 3