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BTP Presentation On Union Budget | Direct Tax Codes | Exemptions from Tax Group : 3 Sagar Oganja : 104147 Tushar Vasani : 104159 Nandish Aghara : 104126 Nirav Parmar : 104131
Union Budget The Union Budget of India, referred to as the annual Financial Statement presented each year on the last working day of February by the Finance Minister of India in Parliament. The budget has to be passed by the House before it can come into effect on April 1, the start of India's financial year. Former Finance Minister Morarji Desai presented the budget eight times, the most by any. The Budget is the most extensive account of the Government`s finances, in which revenues from all sources and expenses of all activities undertaken are aggregated. (a) Introduction :
(b) Budget Estimates for 2011-12 : ,[object Object],[object Object],[object Object],[object Object],[object Object]
(c) Key Tax Proposals : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
(c) Key Tax Proposals : (Cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Direct Tax Codes (DTC) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The New Direct Tax Code (DTC) is said to replace the existing Income Tax Act of 1961 in India. (a) Highlights of Direct Tax Codes : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Income Exempted Under Various Sections ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(a) Income Exempted Under Sec. 10 :
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
(b) Special Provisions in respect to newly estab. undertakings in Free Trade Zone : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(c) Special provisions in respect of newly estab. 100% EOU : ,[object Object],[object Object]
(d) How to claim exemption in respect of income from property held for charity : ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(e) How can a political party claim exemption : (f) Exemption to electoral trust
Thank You

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Group 3

  • 1. BTP Presentation On Union Budget | Direct Tax Codes | Exemptions from Tax Group : 3 Sagar Oganja : 104147 Tushar Vasani : 104159 Nandish Aghara : 104126 Nirav Parmar : 104131
  • 2. Union Budget The Union Budget of India, referred to as the annual Financial Statement presented each year on the last working day of February by the Finance Minister of India in Parliament. The budget has to be passed by the House before it can come into effect on April 1, the start of India's financial year. Former Finance Minister Morarji Desai presented the budget eight times, the most by any. The Budget is the most extensive account of the Government`s finances, in which revenues from all sources and expenses of all activities undertaken are aggregated. (a) Introduction :
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