Archive for January 21st, 2019

WILL INTERIM BUDGET-2019 WILL BE A SANTA FOR MIDDLE CLASS ?

January 21, 2019 | NEWS | No Comments

WILL INTERIM BUDGET-2019 WILL BE A SANTA FOR MIDDLE CLASS ? With 10 days to go for Finance Minister Arun Jaitley’s Budget 2019 speech, speculation is that FM may be dolling out sops for middle class just months ahead of the general elections. The wish list of the common man as well as industry [...]

PUNJAB STATE DEVELOPMENT TAX IS ALSO PROFESSIONAL TAX?

January 21, 2019 | GENERAL REPORTS/TOPICS, SERVICES | No Comments

PUNJAB STATE DEVELOPMENT TAX 2018 IT IS THE TAX LEVIED BY GOVT. OF PUNJAB ON EVERY INDIVIDUAL WHO IS AN INCOME TAX PAYEE AND WHOSE TAXABLE INCOME FOR THAT FINANCIAL YEAR BEFORE ALLOWING DEDUCTION OF DEVELOPMENT TAX EXCEEDS THE MAXIMUM AMOUNT WHICH IS NOT CHARGEABLE TO INCOME TAX BY THE AMOUNT OF TAX [...]